Park-Ohio (NASDAQ:PKOH) Shares Cross Above 200-Day Moving Average – What’s Next?

Shares of Park-Ohio Holdings Corp. (NASDAQ:PKOH) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.35 and traded as high as $23.40. Park-Ohio shares last traded at $22.84, with a volume of 23,958 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Park-Ohio in a research note on Thursday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Park-Ohio currently has an average rating of “Hold”.

Park-Ohio Trading Down 0.5%

The stock has a market cap of $328.90 million, a PE ratio of 13.60 and a beta of 1.17. The company’s fifty day moving average is $21.68 and its 200-day moving average is $20.35. The company has a debt-to-equity ratio of 1.74, a current ratio of 2.56 and a quick ratio of 1.32.

Park-Ohio (NASDAQ:PKOH) last announced its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.18). Park-Ohio had a return on equity of 10.53% and a net margin of 1.46%.The firm had revenue of $398.60 million for the quarter, compared to analysts’ expectations of $417.30 million. Park-Ohio has set its FY 2025 guidance at 2.700-2.900 EPS.

Park-Ohio Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, February 6th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, February 6th. Park-Ohio’s payout ratio is presently 29.76%.

Insider Buying and Selling

In other Park-Ohio news, Director Ronna Romney sold 2,975 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $20.29, for a total transaction of $60,362.75. Following the completion of the sale, the director directly owned 28,944 shares in the company, valued at approximately $587,273.76. The trade was a 9.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 31.51% of the company’s stock.

Institutional Trading of Park-Ohio

A number of institutional investors have recently made changes to their positions in PKOH. CWM LLC increased its position in shares of Park-Ohio by 238.4% during the third quarter. CWM LLC now owns 1,215 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 856 shares in the last quarter. BNP Paribas Financial Markets boosted its stake 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 during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Park-Ohio by 377.7% during the second 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 in the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Park-Ohio in the first quarter valued at about $80,000. Finally, Russell Investments Group Ltd. lifted 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 buying an additional 1,659 shares in the last quarter. 51.38% of the stock is owned by institutional investors and hedge funds.

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.