Varma Mutual Pension Insurance Co Has $28.54 Million Stock Holdings in Parker-Hannifin Corporation $PH

Key Points

• Varma Mutual Pension Insurance boosted its stake in Parker‑Hannifin by 11.8% to 32,475 shares, worth about $28.54 million as of the latest SEC filing.
• Parker‑Hannifin beat Q1 expectations with EPS of $8.17 (vs. $7.84 est.) and revenue of $5.49B (+10.6% YoY), and set FY2026 guidance at 31.20 EPS.
• The company raised its quarterly dividend to $2.00 (annualized $8.00, yield ~0.9%), while analysts hold a consensus "Moderate Buy" rating with an average price target of ~$1,012.45.

Varma Mutual Pension Insurance Co boosted its holdings in shares of Parker-Hannifin Corporation (NYSE:PH - Free Report) by 11.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 32,475 shares of the industrial products company's stock after acquiring an additional 3,438 shares during the period. Varma Mutual Pension Insurance Co's holdings in Parker-Hannifin were worth $28,544,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. ING Groep NV acquired a new stake in Parker-Hannifin during the 3rd quarter worth $26,398,000. Procyon Advisors LLC grew its holdings in Parker-Hannifin by 158,565.9% during the 3rd quarter. Procyon Advisors LLC now owns 5,069,374 shares of the industrial products company's stock worth $3,843,346,000 after acquiring an additional 5,066,179 shares during the period. Citigroup Inc. grew its holdings in shares of Parker-Hannifin by 54.7% in the 3rd quarter. Citigroup Inc. now owns 158,668 shares of the industrial products company's stock valued at $120,294,000 after buying an additional 56,103 shares during the period. Wilkinson Global Asset Management LLC grew its holdings in shares of Parker-Hannifin by 28.2% in the 3rd quarter. Wilkinson Global Asset Management LLC now owns 48,434 shares of the industrial products company's stock valued at $36,720,000 after buying an additional 10,653 shares during the period. Finally, Advisors Capital Management LLC grew its holdings in shares of Parker-Hannifin by 140.0% in the 3rd quarter. Advisors Capital Management LLC now owns 2,232 shares of the industrial products company's stock valued at $1,693,000 after buying an additional 1,302 shares during the period. Institutional investors and hedge funds own 82.44% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PH shares. Robert W. Baird set a $1,050.00 price target on shares of Parker-Hannifin in a report on Friday, January 30th. Wells Fargo & Company decreased their price target on shares of Parker-Hannifin from $1,050.00 to $980.00 and set an "overweight" rating for the company in a report on Wednesday, April 1st. Mizuho set a $1,050.00 price target on shares of Parker-Hannifin in a report on Friday. JPMorgan Chase & Co. boosted their price target on shares of Parker-Hannifin from $1,083.00 to $1,100.00 and gave the company an "overweight" rating in a report on Friday, January 30th. Finally, Truist Financial set a $1,147.00 price target on shares of Parker-Hannifin in a report on Friday. Seventeen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $1,012.45.

Parker-Hannifin Price Performance

Shares of NYSE PH opened at $881.74 on Monday. The firm has a market cap of $111.29 billion, a PE ratio of 32.52, a PEG ratio of 2.83 and a beta of 1.18. The company has a current ratio of 1.13, a quick ratio of 0.66 and a debt-to-equity ratio of 0.46. Parker-Hannifin Corporation has a 1-year low of $608.31 and a 1-year high of $1,034.96. The company has a fifty day moving average price of $948.12 and a 200 day moving average price of $903.15.

Parker-Hannifin (NYSE:PH - Get Free Report) last announced its earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, topping analysts' consensus estimates of $7.84 by $0.33. The firm had revenue of $5.49 billion during 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 for the quarter was up 10.6% compared to the same quarter last year. During the same period in the prior year, the business earned $6.94 EPS. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Research analysts predict that Parker-Hannifin Corporation will post 31.09 earnings per share for the current fiscal year.

Parker-Hannifin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 8th will be paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, May 8th. This is a boost from Parker-Hannifin's previous quarterly dividend of $1.80. Parker-Hannifin's dividend payout ratio (DPR) is currently 26.26%.

Insiders Place Their Bets

In related news, COO Andrew D. Ross sold 4,664 shares of the company's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $999.00, for a total value of $4,659,336.00. Following the completion of the transaction, the chief operating officer directly owned 13,120 shares of the company's stock, valued at approximately $13,106,880. This represents a 26.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Todd M. Leombruno sold 2,062 shares of the company's stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $1,002.34, for a total transaction of $2,066,825.08. Following the completion of the transaction, the chief financial officer directly owned 20,610 shares of the company's stock, valued at approximately $20,658,227.40. The trade was a 9.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.32% of the stock is currently owned by corporate insiders.

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.

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