Tema Etfs LLC Boosts Stock Position in Parker-Hannifin Corporation $PH

Key Points

• Tema Etfs LLC increased its holdings in Parker-Hannifin Corporation by 69.9% in Q1, now owning 14,652 shares valued at approximately $8.91 million.
• Parker-Hannifin reported $7.69 earnings per share for the last quarter, exceeding expectations, and has set its FY 2026 EPS guidance at $28.400-29.400.
• The company declared a quarterly dividend of $1.80 per share, with a dividend yield of 0.9%, to be paid on September 12th.

Tema Etfs LLC increased its holdings in Parker-Hannifin Corporation (NYSE:PH - Free Report) by 69.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,652 shares of the industrial products company's stock after acquiring an additional 6,028 shares during the period. Parker-Hannifin comprises approximately 2.7% of Tema Etfs LLC's portfolio, making the stock its 7th biggest holding. Tema Etfs LLC's holdings in Parker-Hannifin were worth $8,906,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of PH. Wealth Preservation Advisors LLC bought a new position in shares of Parker-Hannifin in the first quarter worth $27,000. Mpwm Advisory Solutions LLC bought a new position in shares of Parker-Hannifin in the fourth quarter worth $32,000. Olde Wealth Management LLC bought a new position in shares of Parker-Hannifin in the first quarter worth $35,000. Chilton Capital Management LLC boosted its holdings in shares of Parker-Hannifin by 1,500.0% in the first quarter. Chilton Capital Management LLC now owns 64 shares of the industrial products company's stock worth $39,000 after acquiring an additional 60 shares during the period. Finally, Accent Capital Management LLC bought a new position in shares of Parker-Hannifin in the first quarter worth $41,000. 82.44% of the stock is owned by institutional investors.

Parker-Hannifin Trading Down 0.9%

Shares of NYSE:PH traded down $7.08 on Monday, reaching $759.76. 890,872 shares of the company traded hands, compared to its average volume of 791,841. The business's 50-day simple moving average is $723.76 and its 200 day simple moving average is $662.96. Parker-Hannifin Corporation has a 52 week low of $488.45 and a 52 week high of $773.30. The stock has a market capitalization of $97.08 billion, a P/E ratio of 28.01, a price-to-earnings-growth ratio of 3.15 and a beta of 1.35. The company has a current ratio of 1.19, a quick ratio of 0.71 and a debt-to-equity ratio of 0.55.

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

Parker-Hannifin Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Tuesday, September 2nd will be paid a $1.80 dividend. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $7.20 annualized dividend and a dividend yield of 0.9%. Parker-Hannifin's dividend payout ratio (DPR) is presently 26.55%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Wells Fargo & Company raised their price target on Parker-Hannifin from $770.00 to $800.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Evercore ISI reiterated an "outperform" rating on shares of Parker-Hannifin in a research report on Tuesday, August 19th. Barclays increased their price objective on Parker-Hannifin from $750.00 to $776.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Parker-Hannifin in a research report on Friday, August 8th. Finally, KeyCorp increased their price objective on Parker-Hannifin from $790.00 to $810.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Fourteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $768.71.

Insider Buying and Selling

In related news, COO Andrew D. Ross sold 4,361 shares of the firm's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $732.66, for a total value of $3,195,130.26. Following the sale, the chief operating officer directly owned 13,120 shares of the company's stock, valued at $9,612,499.20. This trade represents a 24.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Joseph R. Leonti sold 4,625 shares of the firm's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $750.84, for a total value of $3,472,635.00. Following the completion of the sale, the executive vice president directly owned 13,878 shares in the company, valued at $10,420,157.52. The trade was a 25.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,039 shares of company stock valued at $10,356,566 over the last ninety days. Corporate insiders own 0.39% of the company's stock.

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.