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

Key Points

• Park-Ohio shares crossed above their 200-day moving average, reaching $49.03 before last trading at $47.30, compared with a 200-day average of $37.65.
• Analyst sentiment improved, with multiple upgrades and KeyCorp raising its price target to $59.00; MarketBeat reports an overall “Buy” rating and a $59.00 average target.
• The company beat quarterly earnings and revenue expectations, while maintaining FY 2026 EPS guidance of $3.10–$3.30. Park-Ohio also pays a quarterly dividend of $0.125, although insiders sold shares during the latest quarter.

Park-Ohio Holdings Corp. (NASDAQ:PKOH - Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $37.65 and traded as high as $49.03. Park-Ohio shares last traded at $47.30, with a volume of 52,687 shares.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. KeyCorp lifted their price target on shares of Park-Ohio from $45.00 to $59.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Wall Street Zen upgraded Park-Ohio from a "buy" rating to a "strong-buy" rating in a research report on Thursday, August 13th. Zacks Research upgraded Park-Ohio from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 5th. Finally, Weiss Ratings raised Park-Ohio from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. According to MarketBeat, Park-Ohio has an average rating of "Buy" and an average target price of $59.00.

Park-Ohio Stock Down 4.0%

The business's 50 day moving average price is $46.94 and its 200-day moving average price is $37.65. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.26 and a current ratio of 2.40. The firm has a market capitalization of $685.38 million, a PE ratio of 25.16, a P/E/G ratio of 1.26 and a beta of 1.24.

Park-Ohio (NASDAQ:PKOH - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The industrial products company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.12. Park-Ohio had a net margin of 1.60% and a return on equity of 10.55%. The firm had revenue of $440.10 million during the quarter, compared to analysts' expectations of $425.57 million. Park-Ohio has set its FY 2026 guidance at 3.100-3.300 EPS. As a group, equities research analysts forecast that Park-Ohio Holdings Corp. will post 3.26 earnings per share for the current year.

Park-Ohio Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were issued a $0.1250 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, July 31st. Park-Ohio's payout ratio is currently 26.60%.

Insider Buying and Selling at Park-Ohio

In other news, insider Robert D. Vilsack sold 3,190 shares of the firm's stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $46.42, for a total value of $148,079.80. Following the completion of the transaction, the insider owned 144,024 shares of the company's stock, valued at approximately $6,685,594.08. This trade represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James W. Wert sold 3,000 shares of the firm's stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $47.50, for a total transaction of $142,500.00. Following the completion of the transaction, the director directly owned 85,456 shares of the company's stock, valued at $4,059,160. This represents a 3.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 52,330 shares of company stock worth $2,438,390 in the last quarter. Company insiders own 31.10% of the company's stock.

Hedge Funds Weigh In On Park-Ohio

A number of institutional investors and hedge funds have recently made changes to their positions in PKOH. Ancora Advisors LLC grew its holdings in Park-Ohio by 7,756.0% during the 2nd quarter. Ancora Advisors LLC now owns 7,856 shares of the industrial products company's stock worth $302,000 after acquiring an additional 7,756 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Park-Ohio during the 2nd quarter worth $549,000. Empowered Funds LLC purchased a new stake in shares of Park-Ohio during the 2nd quarter worth $438,000. Bank of America Corp DE acquired a new position in shares of Park-Ohio during the second quarter worth $347,000. Finally, Manatuck Hill Partners LLC purchased a new position in Park-Ohio in the second quarter valued at $1,268,000. 51.38% of the stock is owned by institutional investors and hedge funds.

Park-Ohio Company Profile

Park-Ohio Holdings Corp. is a diversified manufacturing and supply chain management company serving original equipment manufacturers and other industrial customers. The company operates through two primary business areas: Diversified Manufacturing and Supply Chain Management.

Its manufacturing operations produce engineered components and assemblies, including forged, stamped, formed and machined metal parts, plastic-injection-molded components, fluid-management products and other specialized products.

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