Park-Ohio (NASDAQ:PKOH) Updates FY 2026 Earnings Guidance

Key Points

• FY2026 guidance: Park-Ohio set EPS guidance of 2.90–3.20 and revenue guidance of $1.7 billion, broadly in line with consensus estimates (consensus EPS 3.10; revenue $1.7B).
• Quarterly results: The company reported quarterly EPS that materially topped expectations, and shares rose about 2.4% to $30.24 on the news.
• Dividends and insider activity: Park-Ohio announced a $0.125 quarterly dividend (annualized $0.50, ~1.7% yield), while insiders sold 7,000 shares in the past three months but still own 31.1% of the stock.

Park-Ohio (NASDAQ:PKOH - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.900-3.200 for the period, compared to the consensus estimate of 3.100. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PKOH shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Park-Ohio in a research note on Tuesday, April 21st. KeyCorp upgraded shares of Park-Ohio from a "sector weight" rating to an "overweight" rating and set a $37.00 price target for the company in a research report on Monday, February 9th. Zacks Research raised shares of Park-Ohio to a "hold" rating in a report on Monday, February 9th. Finally, Wall Street Zen upgraded Park-Ohio from a "buy" rating to a "strong-buy" rating in a research report on Saturday, April 4th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $37.00.

Park-Ohio Trading Up 2.4%

Shares of Park-Ohio stock traded up $0.70 during trading on Wednesday, reaching $30.24. The company's stock had a trading volume of 72,972 shares, compared to its average volume of 34,424. The company has a quick ratio of 1.18, a current ratio of 2.33 and a debt-to-equity ratio of 1.62. Park-Ohio has a 52-week low of $15.52 and a 52-week high of $30.44. The firm's 50-day moving average is $25.78 and its two-hundred day moving average is $23.41. The company has a market cap of $435.46 million, a price-to-earnings ratio of 17.68 and a beta of 1.17.

Park-Ohio (NASDAQ:PKOH - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The industrial products company reported $999.00 earnings per share for the quarter, topping the consensus estimate of $0.65 by $998.35. Park-Ohio had a net margin of 1.49% and a return on equity of 10.13%. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. On average, sell-side analysts anticipate that Park-Ohio will post 3.13 earnings per share for the current year.

Park-Ohio Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be given a $0.125 dividend. The ex-dividend date is Friday, May 1st. This represents a $0.50 annualized dividend and a yield of 1.7%. Park-Ohio's payout ratio is presently 29.24%.

Insiders Place Their Bets

In other news, Director Howard W. Iv Hanna sold 2,600 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $24.80, for a total transaction of $64,480.00. Following the completion of the sale, the director directly owned 21,500 shares in the company, valued at approximately $533,200. This represents a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ronna Romney sold 2,000 shares of the firm's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $24.51, for a total value of $49,020.00. Following the completion of the sale, the director directly owned 26,944 shares in the company, valued at $660,397.44. The trade was a 6.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 7,000 shares of company stock worth $173,620. Insiders own 31.10% of the company's stock.

Institutional Investors Weigh In On Park-Ohio

Institutional investors and hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Park-Ohio by 10.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,449 shares of the industrial products company's stock worth $118,000 after acquiring an additional 527 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Park-Ohio during the first quarter valued at approximately $80,000. Geode Capital Management LLC boosted its position in shares of Park-Ohio by 4.6% during the second quarter. Geode Capital Management LLC now owns 220,439 shares of the industrial products company's stock valued at $3,938,000 after purchasing an additional 9,656 shares in the last quarter. Rhumbline Advisers grew its stake in Park-Ohio by 4.4% in the second quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company's stock worth $247,000 after purchasing an additional 589 shares during the period. Finally, First Trust Advisors LP raised its holdings in Park-Ohio by 5.6% in the second quarter. First Trust Advisors LP now owns 28,018 shares of the industrial products company's stock worth $500,000 after purchasing an additional 1,489 shares in the last quarter. 51.38% of the stock is owned by hedge funds and other institutional investors.

About Park-Ohio

Park-Ohio Holdings Corp is a diversified industrial company that supplies engineered products and distribution services to a broad array of end markets. Through its two primary operating segments—Engineered Solutions and Supply Chain Solutions—the company delivers metal components, assemblies and value-added distribution tailored to energy, transportation, industrial and commercial applications.

The Engineered Solutions segment provides design, machining, fabrication and assembly of custom metal parts, including heat exchangers, welded assemblies, tubing products and precision-machined components.

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