Park-Ohio (NASDAQ:PKOH) Downgraded to “Buy” Rating by Wall Street Zen

Park-Ohio (NASDAQ:PKOH) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Monday.

PKOH has been the topic of several other research reports. Weiss Ratings downgraded Park-Ohio from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, July 14th. KeyCorp raised their target price on Park-Ohio from $37.00 to $45.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Park-Ohio presently has an average rating of “Hold” and an average target price of $45.00.

Park-Ohio Stock Performance

Shares of PKOH stock opened at $37.76 on Monday. The firm has a market cap of $543.74 million, a price-to-earnings ratio of 22.48, a P/E/G ratio of 1.02 and a beta of 1.18. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.23 and a current ratio of 2.40. Park-Ohio has a 52 week low of $15.52 and a 52 week high of $39.33. The firm’s 50-day simple moving average is $34.26 and its two-hundred day simple moving average is $28.33.

Park-Ohio (NASDAQ:PKOH) last released its earnings results on Wednesday, May 6th. The industrial products company reported $0.65 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.65. Park-Ohio had a net margin of 1.46% and a return on equity of 9.93%. The firm had revenue of $421.00 million during the quarter, compared to the consensus estimate of $413.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, equities analysts forecast that Park-Ohio will post 3.1 earnings per share for the current year.

Insider Buying and Selling at Park-Ohio

In other news, insider Robert D. Vilsack sold 6,404 shares of Park-Ohio stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $38.45, for a total value of $246,233.80. Following the completion of the transaction, the insider owned 186,539 shares in the company, valued at $7,172,424.55. This trade represents a 3.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 31.10% of the stock is owned by insiders.

Institutional Trading of Park-Ohio

A number of institutional investors have recently modified their holdings of the business. Tower Research Capital LLC TRC boosted its holdings in Park-Ohio by 377.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company’s stock worth $48,000 after buying an additional 2,134 shares during the period. BNP Paribas Financial Markets lifted its position in shares of 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 worth $55,000 after acquiring an additional 1,065 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Park-Ohio during the first quarter worth $80,000. Russell Investments Group Ltd. boosted its holdings in shares of Park-Ohio by 73.4% in the third quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock worth $83,000 after acquiring an additional 1,659 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Park-Ohio in the second quarter worth $90,000. 51.38% of the stock is currently owned by hedge funds and other institutional investors.

Park-Ohio Company Profile

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.