Park-Ohio (NASDAQ:PKOH) Share Price Crosses Above 200-Day Moving Average - Here's Why

Key Points

• Park-Ohio shares rose above their 200-day moving average, reaching $47.17 compared with the $35.06 average, while trading volume totaled 42,324 shares.
• Analyst sentiment improved, with KeyCorp raising its price target to $59 and assigning an “overweight” rating; however, the overall consensus remains “Hold” with a $59 price target.
• The company exceeded quarterly expectations, reporting $0.93 in EPS and $440.1 million in revenue, and issued fiscal 2026 EPS guidance of $3.10–$3.30. Park-Ohio also maintains a $0.50 annualized dividend, yielding about 1.1%.

Park-Ohio Holdings Corp. (NASDAQ:PKOH - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $35.06 and traded as high as $47.17. Park-Ohio shares last traded at $47.17, with a volume of 42,324 shares.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. KeyCorp increased their price objective on Park-Ohio from $45.00 to $59.00 and gave the stock an "overweight" rating in a report on Friday, August 7th. Weiss Ratings raised Park-Ohio from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, July 30th. Finally, Wall Street Zen raised Park-Ohio from a "buy" rating to a "strong-buy" rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Park-Ohio has a consensus rating of "Hold" and a consensus price target of $59.00.

Park-Ohio Trading Up 3.1%

The stock has a 50-day moving average of $44.15 and a two-hundred day moving average of $35.06. The company has a market cap of $683.49 million, a P/E ratio of 25.09, a price-to-earnings-growth ratio of 1.19 and a beta of 1.22. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.26 and a current ratio of 2.40.

Park-Ohio (NASDAQ:PKOH - Get Free Report) last released its earnings results on Wednesday, August 5th. The industrial products company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.81 by $0.12. The business had revenue of $440.10 million for the quarter, compared to the consensus estimate of $425.57 million. Park-Ohio had a return on equity of 10.55% and a net margin of 1.60%.Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. On average, equities research analysts predict that Park-Ohio Holdings Corp. will post 3.22 earnings per share for the current year.

Park-Ohio Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were issued a $0.125 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.1%. Park-Ohio's dividend payout ratio (DPR) is presently 26.60%.

Insider Buying and Selling

In other Park-Ohio news, insider Robert D. Vilsack sold 2,290 shares of Park-Ohio stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $38.42, for a total value of $87,981.80. Following the completion of the sale, the insider owned 184,249 shares of the company's stock, valued at approximately $7,078,846.58. The trade was a 1.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James W. Wert sold 2,000 shares of the stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $46.27, for a total value of $92,540.00. Following the transaction, the director directly owned 91,456 shares in the company, valued at $4,231,669.12. The trade was a 2.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 17,024 shares of company stock worth $713,052. 31.10% of the stock is owned by corporate insiders.

Institutional Trading of Park-Ohio

A number of hedge funds have recently bought and sold shares of the company. Legal & General Group Plc bought a new position in Park-Ohio in the second quarter valued at about $38,000. Ancora Advisors LLC bought a new position in shares of Park-Ohio in the 2nd quarter worth approximately $302,000. Bank of America Corp DE lifted its stake in shares of Park-Ohio by 25.0% in the 1st quarter. Bank of America Corp DE now owns 14,033 shares of the industrial products company's stock worth $337,000 after purchasing an additional 2,805 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in shares of Park-Ohio in the first quarter worth approximately $344,000. Finally, Deutsche Bank AG purchased a new position in shares of Park-Ohio in the second quarter worth approximately $347,000. Hedge funds and other institutional investors own 51.38% of the company's stock.

Park-Ohio Company Profile

Park-Ohio Holdings Corp. is a diversified manufacturing and supply-chain services company headquartered in Ohio. Through its operating businesses, the company supplies engineered components and manages the movement of materials and parts for original equipment manufacturers and other industrial customers.

Park-Ohio's Supply Chain Management businesses provide outsourced manufacturing, sourcing, inventory management, logistics, packaging, and just-in-time delivery services. These operations help customers procure raw materials and component parts, coordinate production requirements, and deliver products to manufacturing facilities.

Its Diversified Manufacturing businesses produce a range of engineered products, including forged, machined, formed, molded, and assembled components.

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