Vise Technologies Inc. Purchases 1,291 Shares of Parker-Hannifin Corporation $PH

Vise Technologies Inc. lifted its position in Parker-Hannifin Corporation (NYSE:PH) by 40.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,502 shares of the industrial products company’s stock after acquiring an additional 1,291 shares during the quarter. Vise Technologies Inc.’s holdings in Parker-Hannifin were worth $3,957,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PH. Texas Capital Bancshares Inc TX bought a new stake in shares of Parker-Hannifin in the 3rd quarter worth about $25,000. HFM Investment Advisors LLC lifted its holdings in shares of Parker-Hannifin by 1,000.0% in the 4th quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 30 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in Parker-Hannifin during the 4th quarter valued at about $31,000. Ameriflex Group Inc. lifted its holdings in Parker-Hannifin by 366.7% during the 3rd quarter. Ameriflex Group Inc. now owns 42 shares of the industrial products company’s stock valued at $32,000 after buying an additional 33 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC lifted its holdings in Parker-Hannifin by 80.0% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after buying an additional 16 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Trading Up 1.3%

NYSE PH opened at $883.20 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. The company has a market capitalization of $111.36 billion, a price-to-earnings ratio of 32.58, a price-to-earnings-growth ratio of 2.54 and a beta of 1.14. The company’s 50-day simple moving average is $907.35 and its two-hundred day simple moving average is $915.87. Parker-Hannifin Corporation has a one year low of $646.51 and a one year high of $1,034.96.

Parker-Hannifin (NYSE:PH) last posted its earnings results on Thursday, April 30th. The industrial products company reported $8.17 EPS for the quarter, beating analysts’ consensus estimates of $7.84 by $0.33. The business had revenue of $5.49 billion for the quarter, compared to the consensus estimate of $5.40 billion. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $6.94 EPS. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Equities analysts forecast that Parker-Hannifin Corporation will post 31.26 EPS for the current fiscal year.

Parker-Hannifin Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 8th were given a dividend of $2.00 per share. This is a positive change from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date of this dividend was Friday, May 8th. This represents a $8.00 dividend on an annualized basis and a yield of 0.9%. Parker-Hannifin’s payout ratio is 29.51%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on PH. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a report on Tuesday, April 21st. Evercore set a $1,064.00 price objective on shares of Parker-Hannifin in a report on Monday, May 11th. Wall Street Zen lowered shares of Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Saturday. BMO Capital Markets began coverage on shares of Parker-Hannifin in a report on Friday, March 27th. They set an “outperform” rating and a $1,090.00 price objective for the company. Finally, Citigroup lifted their price objective on shares of Parker-Hannifin from $1,137.00 to $1,141.00 and gave the company a “buy” rating in a report on Friday, May 1st. Seventeen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,020.80.

About Parker-Hannifin

Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.

Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.