Parker-Hannifin Corporation $PH Shares Acquired by DekaBank Deutsche Girozentrale

Key Points

• DekaBank Deutsche Girozentrale increased its stake in Parker-Hannifin by 0.6%, owning approximately 0.37% of the company, worth around $332.4 million.
• Institutional investors now control 82.44% of Parker-Hannifin's shares, with significant increases from multiple firms including Vanguard, Price T Rowe Associates, and Wellington Management.
• Parker-Hannifin reported $7.69 EPS for the last quarter, exceeding estimates and indicating a 1.1% year-over-year revenue growth, while setting FY 2026 guidance at $28.400-29.400 EPS.

DekaBank Deutsche Girozentrale lifted its position in shares of Parker-Hannifin Corporation (NYSE:PH - Free Report) by 0.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 469,619 shares of the industrial products company's stock after purchasing an additional 2,828 shares during the period. DekaBank Deutsche Girozentrale owned about 0.37% of Parker-Hannifin worth $332,426,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Parker-Hannifin by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 11,023,764 shares of the industrial products company's stock valued at $6,700,795,000 after acquiring an additional 168,990 shares during the period. Price T Rowe Associates Inc. MD increased its position in Parker-Hannifin by 52.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,443,104 shares of the industrial products company's stock valued at $1,485,042,000 after acquiring an additional 842,262 shares during the period. Wellington Management Group LLP increased its position in Parker-Hannifin by 11.6% in the 1st quarter. Wellington Management Group LLP now owns 2,009,250 shares of the industrial products company's stock valued at $1,221,323,000 after acquiring an additional 208,573 shares during the period. Charles Schwab Investment Management Inc. increased its position in Parker-Hannifin by 0.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,594,347 shares of the industrial products company's stock valued at $969,124,000 after acquiring an additional 11,815 shares during the period. Finally, Nuveen LLC acquired a new position in Parker-Hannifin in the 1st quarter valued at about $933,089,000. Institutional investors and hedge funds own 82.44% of the company's stock.

Insider Buying and Selling at Parker-Hannifin

In other Parker-Hannifin news, COO Andrew D. Ross sold 4,361 shares of the stock in a transaction on Friday, August 8th. The stock was sold at an average price of $732.66, for a total transaction of $3,195,130.26. Following the sale, the chief operating officer owned 13,120 shares in the company, valued at approximately $9,612,499.20. This represents a 24.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert W. Malone sold 2,257 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $730.66, for a total value of $1,649,099.62. Following the sale, the vice president owned 5,866 shares in the company, valued at approximately $4,286,051.56. This trade represents a 27.79% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,039 shares of company stock worth $10,356,566. Corporate insiders own 0.32% of the company's stock.

Parker-Hannifin Price Performance

Shares of NYSE:PH opened at $734.26 on Monday. The business's 50 day simple moving average is $750.51 and its 200-day simple moving average is $690.48. The firm has a market capitalization of $92.91 billion, a price-to-earnings ratio of 27.07, a price-to-earnings-growth ratio of 3.03 and a beta of 1.35. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.19 and a quick ratio of 0.71. Parker-Hannifin Corporation has a 12 month low of $488.45 and a 12 month high of $779.77.

Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The industrial products company reported $7.69 EPS for the quarter, topping the consensus estimate of $7.08 by $0.61. The business had revenue of $5.24 billion for the quarter, compared to analyst estimates of $5.10 billion. Parker-Hannifin had a return on equity of 26.80% and a net margin of 17.79%.The company's quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.77 EPS. Parker-Hannifin has set its FY 2026 guidance at 28.400-29.400 EPS. As a group, equities analysts forecast that Parker-Hannifin Corporation will post 26.71 earnings per share for the current fiscal year.

Parker-Hannifin Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $1.80 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $7.20 annualized dividend and a dividend yield of 1.0%. Parker-Hannifin's payout ratio is 26.55%.

Wall Street Analyst Weigh In

PH has been the topic of several recent research reports. Evercore ISI restated an "outperform" rating on shares of Parker-Hannifin in a research report on Tuesday, August 19th. Weiss Ratings restated a "buy (b)" rating on shares of Parker-Hannifin in a research report on Wednesday, October 8th. Citigroup boosted their target price on Parker-Hannifin from $831.00 to $874.00 and gave the stock a "buy" rating in a research report on Thursday, October 9th. Mizuho boosted their target price on Parker-Hannifin from $800.00 to $825.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Truist Financial boosted their target price on Parker-Hannifin from $822.00 to $910.00 and gave the stock a "buy" rating in a research report on Wednesday, October 8th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, Parker-Hannifin presently has an average rating of "Moderate Buy" and an average price target of $789.83.

Parker-Hannifin Company Profile

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.

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