Park-Ohio (NASDAQ:PKOH) Posts Earnings Results, Beats Expectations By $998.35 EPS

Park-Ohio (NASDAQ:PKOH) posted its quarterly earnings data on Wednesday. The industrial products company reported $999.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $998.35, reports. Park-Ohio had a net margin of 1.49% and a return on equity of 10.13%. Park-Ohio updated its FY 2026 guidance to 2.900-3.200 EPS.

Park-Ohio Stock Performance

PKOH stock traded up $0.70 during midday trading on Wednesday, reaching $30.24. 72,972 shares of the company were exchanged, compared to its average volume of 55,234. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.33 and a quick ratio of 1.18. The business has a 50-day moving average price of $25.87 and a two-hundred day moving average price of $23.48. Park-Ohio has a one year low of $15.52 and a one year high of $30.44. The firm has a market capitalization of $435.46 million, a price-to-earnings ratio of 17.68 and a beta of 1.17.

Park-Ohio Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 1st. Park-Ohio’s payout ratio is 29.24%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. KeyCorp upgraded shares of Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price objective on the stock in a report on Monday, February 9th. Wall Street Zen upgraded shares of Park-Ohio from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 4th. Zacks Research upgraded shares of Park-Ohio to a “hold” rating in a report on Monday, February 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Park-Ohio in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $37.00.

Insiders Place Their Bets

In other Park-Ohio news, Director Howard W. Iv Hanna sold 2,600 shares of Park-Ohio 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 transaction, the director directly owned 21,500 shares of the company’s stock, valued at $533,200. The trade was a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ronna Romney sold 2,000 shares of Park-Ohio stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $24.51, for a total transaction of $49,020.00. Following the transaction, the director directly owned 26,944 shares of the company’s stock, valued at approximately $660,397.44. This trade represents a 6.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 7,000 shares of company stock valued at $173,620. Company insiders own 31.10% of the company’s stock.

Institutional Investors Weigh In On Park-Ohio

Institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in shares of Park-Ohio by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 830,468 shares of the industrial products company’s stock valued at $17,390,000 after acquiring an additional 5,074 shares during the period. Two Sigma Investments LP boosted its position in shares of Park-Ohio by 46.3% in the third quarter. Two Sigma Investments LP now owns 43,101 shares of the industrial products company’s stock valued at $915,000 after acquiring an additional 13,640 shares during the period. Squarepoint Ops LLC boosted its position in shares of Park-Ohio by 23.6% in the third quarter. Squarepoint Ops LLC now owns 38,612 shares of the industrial products company’s stock valued at $820,000 after acquiring an additional 7,365 shares during the period. Qube Research & Technologies Ltd boosted its position in shares of Park-Ohio by 14.5% in the second quarter. Qube Research & Technologies Ltd now owns 31,549 shares of the industrial products company’s stock valued at $563,000 after acquiring an additional 3,985 shares during the period. Finally, Schneider Downs Wealth Management Advisors LP boosted its position in shares of Park-Ohio by 25.1% in the third quarter. Schneider Downs Wealth Management Advisors LP now owns 21,656 shares of the industrial products company’s stock valued at $460,000 after acquiring an additional 4,350 shares during the period. Institutional investors own 51.38% of the company’s stock.

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.