Park-Ohio (NASDAQ:PKOH) Stock Rating Upgraded by Wall Street Zen

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

A number of other equities analysts have also recently issued reports on PKOH. Zacks Research raised shares of Park-Ohio to a “hold” rating in a research 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 raised Park-Ohio from a “sector weight” rating to an “overweight” rating and set a $37.00 price target on the stock in a research note on Monday, February 9th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $37.00.

Park-Ohio Stock Performance

Shares of PKOH stock opened at $25.59 on Friday. The firm has a 50 day moving average of $24.28 and a 200-day moving average of $22.00. The company has a market cap of $368.50 million, a price-to-earnings ratio of 14.96 and a beta of 1.11. The company has a quick ratio of 1.18, a current ratio of 2.33 and a debt-to-equity ratio of 1.62. Park-Ohio has a 52 week low of $15.52 and a 52 week high of $29.50.

Park-Ohio (NASDAQ:PKOH) last released its earnings results on Wednesday, March 4th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.09). The company had revenue of $395.00 million for the quarter, compared to analyst estimates of $402.90 million. Park-Ohio had a net margin of 1.49% and a return on equity of 10.13%. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Institutional Investors Weigh In On Park-Ohio

Several hedge funds and other institutional investors have recently made changes to their positions in PKOH. CWM LLC lifted its position in Park-Ohio by 238.4% in the 3rd quarter. CWM LLC now owns 1,215 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 856 shares in the last quarter. Tower Research Capital LLC TRC boosted 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 increased its holdings in Park-Ohio by 69.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,602 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 1,065 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in Park-Ohio during the 1st quarter worth approximately $80,000. Finally, Russell Investments Group Ltd. raised its stake 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 purchasing an additional 1,659 shares during the last quarter. 51.38% of the stock is owned by 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.