Park-Ohio (NASDAQ:PKOH) Issues Quarterly Earnings Results

Park-Ohio (NASDAQ:PKOH) issued its earnings results on Wednesday. The industrial products company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01, Zacks reports. Park-Ohio had a net margin of 1.01% and a return on equity of 14.64%. Park-Ohio updated its FY 2025 guidance to EPS.

Park-Ohio Stock Down 0.4 %

NASDAQ:PKOH traded down $0.10 during mid-day trading on Wednesday, reaching $22.80. The company’s stock had a trading volume of 16,026 shares, compared to its average volume of 21,774. The company has a quick ratio of 1.26, a current ratio of 2.45 and a debt-to-equity ratio of 1.90. Park-Ohio has a 1 year low of $22.43 and a 1 year high of $34.50. The stock has a fifty day moving average of $24.93 and a 200-day moving average of $28.20. The firm has a market capitalization of $320.16 million, a PE ratio of 18.24 and a beta of 1.20.

Park-Ohio Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.50 annualized dividend and a dividend yield of 2.19%. Park-Ohio’s dividend payout ratio is currently 40.00%.

Analysts Set New Price Targets

Separately, StockNews.com raised Park-Ohio from a “hold” rating to a “buy” rating in a research note on Wednesday.

Insider Buying and Selling at Park-Ohio

In other Park-Ohio news, Director Patrick V. Auletta sold 9,800 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $31.43, for a total transaction of $308,014.00. Following the completion of the sale, the director now owns 12,135 shares in the company, valued at $381,403.05. This represents a 44.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert D. Vilsack sold 3,556 shares of the stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $31.67, for a total value of $112,618.52. Following the sale, the insider now directly owns 187,764 shares in the company, valued at $5,946,485.88. This trade represents a 1.86 % decrease in their position. The disclosure for this sale can be found here. Insiders own 33.04% of the company’s stock.

About Park-Ohio

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply Technologies, Assembly Components, and Engineered Products.