Siemens Fonds Invest GmbH Has $5.36 Million Stake in Parker-Hannifin Corporation $PH

Siemens Fonds Invest GmbH lifted its stake in shares of Parker-Hannifin Corporation (NYSE:PH) by 28.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,029 shares of the industrial products company’s stock after buying an additional 1,334 shares during the period. Siemens Fonds Invest GmbH’s holdings in Parker-Hannifin were worth $5,359,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PH. Norges Bank acquired a new stake in shares of Parker-Hannifin during the 4th quarter worth approximately $1,756,230,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Parker-Hannifin during the 4th quarter worth approximately $185,532,000. Focus Partners Wealth grew its position in shares of Parker-Hannifin by 1,535.3% during the 4th quarter. Focus Partners Wealth now owns 221,010 shares of the industrial products company’s stock worth $194,106,000 after buying an additional 207,495 shares during the period. Capital World Investors grew its position in shares of Parker-Hannifin by 7.0% during the 3rd quarter. Capital World Investors now owns 2,584,141 shares of the industrial products company’s stock worth $1,959,166,000 after buying an additional 169,073 shares during the period. Finally, PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Parker-Hannifin during the 4th quarter worth approximately $104,040,000. Institutional investors and hedge funds own 82.44% of the company’s stock.

Parker-Hannifin Price Performance

Shares of PH opened at $937.82 on Wednesday. Parker-Hannifin Corporation has a 12-month low of $646.51 and a 12-month high of $1,034.96. The business’s fifty day moving average is $908.24 and its 200 day moving average is $919.87. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46. The stock has a market cap of $118.25 billion, a P/E ratio of 34.59, a P/E/G ratio of 2.67 and a beta of 1.14.

Parker-Hannifin (NYSE:PH) last issued its earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $5.40 billion. During the same period last year, the business earned $6.94 EPS. Parker-Hannifin’s quarterly revenue 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. Sell-side analysts anticipate that Parker-Hannifin Corporation will post 31.26 earnings per share for the current fiscal year.

Parker-Hannifin Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on PH shares. Mizuho set a $1,050.00 price objective on shares of Parker-Hannifin in a research report on Friday, May 1st. Morgan Stanley raised their price objective on shares of Parker-Hannifin from $945.00 to $1,038.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. Stifel Nicolaus raised their price objective on shares of Parker-Hannifin from $965.00 to $1,000.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. Citigroup reaffirmed a “buy” rating on shares of Parker-Hannifin in a research report on Monday, June 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Parker-Hannifin in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,021.05.

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.