Park-Ohio (NASDAQ:PKOH) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Park-Ohio Holdings Corp. (NASDAQ:PKOH) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.48 and traded as high as $37.55. Park-Ohio shares last traded at $35.28, with a volume of 70,038 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have recently commented on PKOH shares. Wall Street Zen lowered Park-Ohio from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 15th. Weiss Ratings upgraded Park-Ohio from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $37.00.

Park-Ohio Price Performance

The company has a current ratio of 2.40, a quick ratio of 1.23 and a debt-to-equity ratio of 1.70. The business has a 50-day moving average price of $33.10 and a two-hundred day moving average price of $27.48. The firm has a market capitalization of $508.03 million, a price-to-earnings ratio of 21.00, a PEG ratio of 1.00 and a beta of 1.18.

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

Park-Ohio Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, May 1st. Park-Ohio’s dividend payout ratio (DPR) is 29.76%.

Insiders Place Their Bets

In related news, insider Robert D. Vilsack sold 2,290 shares of Park-Ohio stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $38.42, for a total value of $87,981.80. Following the sale, the insider directly owned 184,249 shares in the company, valued at $7,078,846.58. This trade represents a 1.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 31.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Park-Ohio

Several large investors have recently made changes to their positions in PKOH. Tower Research Capital LLC TRC raised its stake in Park-Ohio by 377.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 2,134 shares during the last quarter. BNP Paribas Financial Markets grew its position 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 worth $55,000 after buying an additional 1,065 shares in the last quarter. Jones Financial Companies Lllp bought a new position in Park-Ohio during the first quarter valued at about $80,000. Russell Investments Group Ltd. raised its holdings in Park-Ohio by 73.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 3,920 shares of the industrial products company’s stock valued at $83,000 after acquiring an additional 1,659 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Park-Ohio in the 2nd quarter valued at approximately $90,000. Institutional investors and hedge funds own 51.38% of the company’s stock.

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.