Park-Ohio (NASDAQ:PKOH) Shares Cross Above 200 Day Moving Average – Should You Sell?

Park-Ohio Holdings Corp. (NASDAQ:PKOH) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.41 and traded as high as $24.99. Park-Ohio shares last traded at $24.39, with a volume of 15,570 shares.

Analyst Upgrades and Downgrades

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

Park-Ohio Stock Up 0.1%

The firm has a 50-day moving average price of $25.04 and a two-hundred day moving average price of $22.41. The company has a market capitalization of $351.19 million, a P/E ratio of 14.26 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 (NASDAQ:PKOH) last released its earnings results on Wednesday, March 4th. The industrial products company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.09). Park-Ohio had a net margin of 1.49% and a return on equity of 10.13%. The company had revenue of $395.00 million for the quarter, compared to analyst estimates of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS.

Park-Ohio Announces Dividend

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

Insider Activity at Park-Ohio

In other news, Director Howard W. Iv Hanna sold 2,600 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $24.80, for a total transaction of $64,480.00. Following the sale, the director directly owned 21,500 shares in the company, valued at approximately $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 accessible through the SEC website. Also, Director Ronna Romney sold 2,000 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $24.51, for a total value of $49,020.00. Following the completion of the transaction, the director owned 26,944 shares of the company’s stock, valued at $660,397.44. The trade was a 6.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 7,000 shares of company stock valued at $173,620. Insiders own 31.51% of the company’s stock.

Institutional Investors Weigh In On Park-Ohio

Institutional investors have recently bought and sold shares of the business. Gamco Investors INC. ET AL increased its holdings in Park-Ohio by 14.1% in the 4th quarter. Gamco Investors INC. ET AL now owns 1,272,221 shares of the industrial products company’s stock valued at $26,640,000 after buying an additional 156,890 shares during the period. Teton Advisors LLC acquired a new stake in Park-Ohio during the third quarter valued at approximately $3,313,000. Assenagon Asset Management S.A. bought a new stake in shares of Park-Ohio in the 3rd quarter valued at approximately $1,079,000. JB Capital Partners LP raised its holdings in shares of Park-Ohio by 52.9% in the 4th quarter. JB Capital Partners LP now owns 117,599 shares of the industrial products company’s stock worth $2,451,000 after buying an additional 40,700 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its holdings in shares of Park-Ohio by 7.3% in the 3rd quarter. First Eagle Investment Management LLC now owns 414,070 shares of the industrial products company’s stock worth $8,795,000 after buying an additional 28,045 shares in the last quarter. Institutional investors and hedge funds 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.