Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna Invests $608,000 in Parker-Hannifin Corporation $PH

Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in Parker-Hannifin Corporation (NYSE:PH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 692 shares of the industrial products company’s stock, valued at approximately $608,000.

A number of other institutional investors have also made changes to their positions in PH. Clearbridge Investments LLC raised its position in Parker-Hannifin by 2.4% during the fourth quarter. Clearbridge Investments LLC now owns 304,051 shares of the industrial products company’s stock worth $267,249,000 after acquiring an additional 7,255 shares in the last quarter. SouthState Bank Corp raised its position in Parker-Hannifin by 1.9% during the fourth quarter. SouthState Bank Corp now owns 35,834 shares of the industrial products company’s stock worth $31,497,000 after acquiring an additional 685 shares in the last quarter. Syon Capital LLC raised its position in Parker-Hannifin by 1.9% during the fourth quarter. Syon Capital LLC now owns 2,151 shares of the industrial products company’s stock worth $1,891,000 after acquiring an additional 41 shares in the last quarter. Capital World Investors raised its position in Parker-Hannifin by 0.6% during the fourth quarter. Capital World Investors now owns 2,600,844 shares of the industrial products company’s stock worth $2,286,038,000 after acquiring an additional 16,703 shares in the last quarter. Finally, Capital International Inc. CA raised its position in Parker-Hannifin by 2.5% during the fourth quarter. Capital International Inc. CA now owns 27,788 shares of the industrial products company’s stock worth $24,425,000 after acquiring an additional 669 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Price Performance

Shares of PH opened at $883.20 on Friday. The firm has a market capitalization of $111.36 billion, a PE ratio of 32.58, a PEG ratio of 2.57 and a beta of 1.14. The company’s 50-day moving average is $907.35 and its 200-day moving average is $915.87. Parker-Hannifin Corporation has a fifty-two week low of $646.51 and a fifty-two week high of $1,034.96. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.13 and a quick ratio of 0.66.

Parker-Hannifin (NYSE:PH) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, beating the consensus estimate of $7.84 by $0.33. The company had revenue of $5.49 billion for the quarter, compared to analyst estimates 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 was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm earned $6.94 earnings per share. 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 year.

Parker-Hannifin Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 8th were paid a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 0.9%. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date was Friday, May 8th. Parker-Hannifin’s dividend payout ratio is currently 29.51%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on PH shares. Stifel Nicolaus upped their price target on shares of Parker-Hannifin from $965.00 to $1,000.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. Morgan Stanley upped their price target on shares of Parker-Hannifin from $945.00 to $1,038.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. JPMorgan Chase & Co. dropped their price target on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. BMO Capital Markets initiated coverage on shares of Parker-Hannifin in a research report on Friday, March 27th. They issued an “outperform” rating and a $1,090.00 price objective on the stock. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Parker-Hannifin in a research report on Tuesday, April 21st. Seventeen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,020.80.

Parker-Hannifin Company Profile

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.