Capital International Inc. CA Grows Position in Parker-Hannifin Corporation $PH

Capital International Inc. CA boosted its stake in Parker-Hannifin Corporation (NYSE:PH) by 2.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,788 shares of the industrial products company’s stock after buying an additional 669 shares during the quarter. Capital International Inc. CA’s holdings in Parker-Hannifin were worth $24,425,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. HFM Investment Advisors LLC raised its position in Parker-Hannifin by 1,000.0% in the 4th quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock valued at $29,000 after buying an additional 30 shares during the last quarter. Texas Capital Bancshares Inc TX purchased a new stake in Parker-Hannifin in the 3rd quarter valued at $25,000. Lloyd Advisory Services LLC. purchased a new stake in Parker-Hannifin in the 4th quarter valued at $31,000. Mowery & Schoenfeld Wealth Management LLC raised its position in Parker-Hannifin by 80.0% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after buying an additional 16 shares during the last quarter. Finally, First Command Advisory Services Inc. increased its position in shares of Parker-Hannifin by 1,133.3% during the 4th quarter. First Command Advisory Services Inc. now owns 37 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 34 shares during the last quarter. 82.44% of the stock is owned by hedge funds and other institutional investors.

Parker-Hannifin Stock Up 0.1%

PH stock opened at $883.20 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. The company has a market capitalization of $111.36 billion, a price-to-earnings ratio of 32.58, a PEG ratio of 2.57 and a beta of 1.14. Parker-Hannifin Corporation has a fifty-two week low of $646.51 and a fifty-two week high of $1,034.96. The stock has a fifty day moving average of $907.35 and a 200-day moving average of $916.54.

Parker-Hannifin (NYSE:PH) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, topping the consensus estimate of $7.84 by $0.33. The company had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.40 billion. Parker-Hannifin had a return on equity of 27.97% and a net margin of 16.58%.The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $6.94 EPS. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. As a group, equities research analysts predict that Parker-Hannifin Corporation will post 31.26 earnings per share for the current year.

Parker-Hannifin Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 8th were paid a $2.00 dividend. The ex-dividend date was Friday, May 8th. This represents a $8.00 annualized dividend and a yield of 0.9%. This is an increase from Parker-Hannifin’s previous quarterly dividend of $1.80. Parker-Hannifin’s dividend payout ratio is 29.51%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on PH shares. Mizuho set a $1,050.00 target price on Parker-Hannifin in a research report on Friday, May 1st. Citigroup raised their target price on Parker-Hannifin from $1,137.00 to $1,141.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Parker-Hannifin in a research report on Tuesday, April 21st. BMO Capital Markets started coverage on Parker-Hannifin in a research report on Friday, March 27th. They set an “outperform” rating and a $1,090.00 target price for the company. Finally, Stifel Nicolaus raised their target price on Parker-Hannifin from $965.00 to $1,000.00 and gave the company a “hold” rating in a research report on Friday, April 10th. Seventeen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Parker-Hannifin currently has an average rating of “Moderate Buy” and a consensus price target of $1,020.80.

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.