Parker-Hannifin Corporation $PH Stock Holdings Raised by CX Institutional

Key Points

• CX Institutional increased its Parker-Hannifin stake by 159.9% in the third quarter, bringing its holdings to 11,886 shares valued at approximately $11.4 million. Institutional investors collectively own 82.44% of PH stock.
• Parker-Hannifin reported quarterly EPS of $9.27, exceeding estimates of $8.31, while revenue rose 9.8% year over year to $5.75 billion. The company maintained FY 2027 EPS guidance of $34.25–$35.25.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $1,119.55, compared with the reported share price of $973.64. The company also pays a quarterly dividend of $2.00 per share, yielding 0.8% annually.

CX Institutional increased its position in Parker-Hannifin Corporation (NYSE:PH - Free Report) by 159.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,886 shares of the industrial products company's stock after acquiring an additional 7,312 shares during the quarter. CX Institutional's holdings in Parker-Hannifin were worth $11,356,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of PH. E Fund Management Co. Ltd. grew its position in shares of Parker-Hannifin by 2.1% during the 2nd quarter. E Fund Management Co. Ltd. now owns 477 shares of the industrial products company's stock valued at $467,000 after purchasing an additional 10 shares in the last quarter. Optas LLC grew its position in Parker-Hannifin by 3.1% during the first quarter. Optas LLC now owns 370 shares of the industrial products company's stock worth $331,000 after buying an additional 11 shares in the last quarter. RFG Advisory LLC increased its stake in Parker-Hannifin by 0.3% in the 1st quarter. RFG Advisory LLC now owns 3,740 shares of the industrial products company's stock worth $3,348,000 after acquiring an additional 12 shares during the last quarter. Allen Capital Group LLC raised its holdings in shares of Parker-Hannifin by 4.8% in the 1st quarter. Allen Capital Group LLC now owns 264 shares of the industrial products company's stock valued at $236,000 after acquiring an additional 12 shares in the last quarter. Finally, Doliver Advisors LP grew its holdings in shares of Parker-Hannifin by 0.6% during the second quarter. Doliver Advisors LP now owns 2,011 shares of the industrial products company's stock worth $1,967,000 after purchasing an additional 12 shares in the last quarter. Institutional investors own 82.44% of the company's stock.

Parker-Hannifin Price Performance

Shares of PH stock traded up $7.76 during trading hours on Friday, hitting $973.64. 344,618 shares of the company's stock were exchanged, compared to its average volume of 696,271. The company has a market capitalization of $122.79 billion, a PE ratio of 34.17, a PEG ratio of 2.97 and a beta of 1.12. Parker-Hannifin Corporation has a 12-month low of $715.37 and a 12-month high of $1,099.94. The business's 50 day simple moving average is $988.24 and its 200-day simple moving average is $945.71. The company has a current ratio of 1.26, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44.

Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.31 by $0.96. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The company had revenue of $5.75 billion during the quarter, compared to analysts' expectations of $5.57 billion. During the same quarter in the prior year, the company earned $7.69 EPS. The firm's revenue was up 9.8% on a year-over-year basis. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, equities research analysts anticipate that Parker-Hannifin Corporation will post 35.02 earnings per share for the current year.

Parker-Hannifin Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 31st were paid a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, August 31st. Parker-Hannifin's dividend payout ratio (DPR) is 28.08%.

Insider Activity at Parker-Hannifin

In other news, VP Berend Bracht sold 602 shares of the business's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total value of $626,362.94. Following the completion of the sale, the vice president owned 4,399 shares of the company's stock, valued at approximately $4,577,027.53. The trade was a 12.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.35% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on PH shares. BNP Paribas Exane restated an "outperform" rating and issued a $1,220.00 price objective (up from $1,090.00) on shares of Parker-Hannifin in a research report on Friday, August 7th. Wells Fargo & Company began coverage on shares of Parker-Hannifin in a research note on Thursday, September 24th. They issued an "equal weight" rating and a $1,050.00 price target for the company. BMO Capital Markets restated an "outperform" rating and set a $1,214.00 price objective on shares of Parker-Hannifin in a research report on Friday, August 7th. Wall Street Zen lowered shares of Parker-Hannifin from a "buy" rating to a "hold" rating in a research report on Saturday, August 22nd. Finally, Susquehanna increased their target price on Parker-Hannifin from $1,100.00 to $1,250.00 and gave the company a "positive" rating in a research note on Friday, August 7th. Sixteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Parker-Hannifin has an average rating of "Moderate Buy" and an average price target of $1,119.55.

About Parker-Hannifin

Parker-Hannifin Corporation is a diversified manufacturer of motion and control technologies. The company develops and produces components and systems that manage the movement and control of liquids, gases and mechanical force across industrial, mobile and aerospace applications.

Its product portfolio includes hydraulic and pneumatic systems, electromechanical technologies, filtration and fluid-management equipment, seals and shielding products, connectors, pumps, valves, sensors, thermal-management solutions and related engineered systems.

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