Axxcess Wealth Management LLC Buys 2,730 Shares of Parker-Hannifin Corporation $PH

Axxcess Wealth Management LLC lifted its stake in shares of Parker-Hannifin Corporation (NYSE:PH) by 216.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,993 shares of the industrial products company’s stock after acquiring an additional 2,730 shares during the period. Axxcess Wealth Management LLC’s holdings in Parker-Hannifin were worth $3,510,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Texas Capital Bancshares Inc TX bought a new position in shares of Parker-Hannifin in the 3rd quarter valued at approximately $25,000. Chilton Capital Management LLC bought a new stake in Parker-Hannifin during the third quarter worth approximately $29,000. HFM Investment Advisors LLC boosted its position in Parker-Hannifin by 1,000.0% during the fourth quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 30 shares during the period. Ameriflex Group Inc. boosted its position in Parker-Hannifin by 366.7% during the third quarter. Ameriflex Group Inc. now owns 42 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 33 shares during the period. Finally, Mowery & Schoenfeld Wealth Management LLC boosted its position in Parker-Hannifin by 80.0% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 16 shares during the period. Institutional investors and hedge funds own 82.44% of the company’s stock.

Parker-Hannifin Stock Down 0.1%

PH opened at $866.34 on Monday. Parker-Hannifin Corporation has a 1-year low of $637.21 and a 1-year high of $1,034.96. The company has a current ratio of 1.13, a quick ratio of 0.66 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $109.35 billion, a price-to-earnings ratio of 31.96, a P/E/G ratio of 2.52 and a beta of 1.18. The business has a 50 day moving average of $916.89 and a 200-day moving average of $914.51.

Parker-Hannifin (NYSE:PH) last posted 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. Parker-Hannifin had a return on equity of 27.97% and a net margin of 16.58%.The company had revenue of $5.49 billion during the quarter, compared to analysts’ expectations of $5.40 billion. During the same period in the prior year, the business earned $6.94 earnings per share. Parker-Hannifin’s revenue for the quarter was up 10.6% compared to the same quarter last year. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. As a group, sell-side analysts anticipate that Parker-Hannifin Corporation will post 31.26 earnings per share for the current year.

Parker-Hannifin Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be given a $2.00 dividend. This is a positive change from Parker-Hannifin’s previous quarterly dividend of $1.80. This represents a $8.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, May 8th. Parker-Hannifin’s dividend payout ratio (DPR) is currently 29.51%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. iA Financial set a $1,032.00 target price on Parker-Hannifin in a research report on Thursday, January 29th. Wall Street Zen raised Parker-Hannifin from a “hold” rating to a “buy” rating in a research report on Wednesday, February 4th. Evercore set a $1,064.00 target price on Parker-Hannifin in a research report on Monday, May 11th. JPMorgan Chase & Co. decreased their target price on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Parker-Hannifin in a research report on Thursday, January 29th. Seventeen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,022.30.

Trending Headlines about Parker-Hannifin

Here are the key news stories impacting Parker-Hannifin this week:

• Positive Sentiment: The CIRCOR Aerospace deal should strengthen Parker-Hannifin’s aerospace and defense portfolio by adding complementary flight-critical motion and flow control capabilities, which management says could boost sales growth, margins, adjusted EPS, and cash flow. Article Title
• Positive Sentiment: Several recent writeups suggest the acquisition fits Parker-Hannifin’s strategy of focusing on higher-growth, higher-margin aerospace businesses, with CIRCOR’s unit expected to generate about $270 million in 2026 sales and more than 40% adjusted EBITDA margin before synergies. Article Title
• Neutral Sentiment: Wall Street coverage remains broadly constructive, with recent analyst notes and price targets still pointing to optimism around Parker-Hannifin’s long-term earnings power. Article Title
• Negative Sentiment: The market may also be weighing the deal’s premium valuation and execution risk, since the purchase is large and still needs regulatory approval before closing in the second half of 2026. Article Title

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.