Park-Ohio (NASDAQ:PKOH) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Park-Ohio Holdings Corp. (NASDAQ:PKOHGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $22.50 and traded as high as $24.07. Park-Ohio shares last traded at $23.95, with a volume of 10,830 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on PKOH shares. Wall Street Zen raised shares of Park-Ohio from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Zacks Research upgraded shares of Park-Ohio to a “hold” rating in a report on Monday, February 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Park-Ohio in a research report on Thursday, January 22nd. Finally, KeyCorp upgraded shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 target price for the company in a research note on Monday, February 9th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $37.00.

Get Our Latest Report on Park-Ohio

Park-Ohio Price Performance

The firm has a 50-day simple moving average of $25.14 and a 200-day simple moving average of $22.50. The firm has a market capitalization of $344.88 million, a PE ratio of 14.01 and a beta of 1.13. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.33 and a quick ratio of 1.18.

Park-Ohio (NASDAQ:PKOHGet Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The industrial products company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.09). The business had revenue of $395.00 million during the quarter, compared to the consensus estimate of $402.90 million. Park-Ohio had a return on equity of 10.13% and a net margin of 1.49%.Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 6th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Friday, February 6th. Park-Ohio’s dividend payout ratio (DPR) is currently 29.24%.

Insiders Place Their Bets

In other news, Director Howard W. Iv Hanna sold 2,600 shares of the business’s stock in a transaction on 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 owned 21,500 shares of the company’s stock, valued at $533,200. The trade was a 10.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ronna Romney sold 2,000 shares of the company’s stock in a transaction on 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 owned 26,944 shares of the company’s stock, valued at $660,397.44. This trade represents a 6.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 7,000 shares of company stock valued at $173,620. Insiders own 31.51% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its position in shares of Park-Ohio by 4.0% during the 4th quarter. AQR Capital Management LLC now owns 13,523 shares of the industrial products company’s stock valued at $283,000 after buying an additional 517 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in 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. Rhumbline Advisers raised its stake in Park-Ohio by 4.4% during the 2nd quarter. Rhumbline Advisers now owns 13,836 shares of the industrial products company’s stock worth $247,000 after acquiring an additional 589 shares during the period. CWM LLC raised its stake in Park-Ohio by 238.4% during the 3rd quarter. CWM LLC now owns 1,215 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 856 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in Park-Ohio by 69.3% during the third quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 1,065 shares in the last quarter. Institutional investors own 51.38% of the company’s stock.

Park-Ohio Company Profile

(Get Free Report)

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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