PBU The Pension Fund of Early Childhood & Youth Educators Makes New Investment in Parker-Hannifin Corporation $PH

PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in shares of Parker-Hannifin Corporation (NYSE:PH) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 14,430 shares of the industrial products company’s stock, valued at approximately $12,683,000.

Other large investors have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC boosted its stake in shares of Parker-Hannifin by 6.8% during the 4th quarter. JFS Wealth Advisors LLC now owns 173 shares of the industrial products company’s stock worth $152,000 after buying an additional 11 shares during the last quarter. Avion Wealth boosted its stake in shares of Parker-Hannifin by 35.5% during the 4th quarter. Avion Wealth now owns 42 shares of the industrial products company’s stock worth $36,000 after buying an additional 11 shares during the last quarter. 180 Wealth Advisors LLC boosted its stake in shares of Parker-Hannifin by 1.9% during the 4th quarter. 180 Wealth Advisors LLC now owns 652 shares of the industrial products company’s stock worth $573,000 after buying an additional 12 shares during the last quarter. Altfest L J & Co. Inc. boosted its stake in shares of Parker-Hannifin by 4.4% during the 4th quarter. Altfest L J & Co. Inc. now owns 286 shares of the industrial products company’s stock worth $251,000 after buying an additional 12 shares during the last quarter. Finally, Berkshire Asset Management LLC PA boosted its stake in shares of Parker-Hannifin by 1.1% during the 3rd quarter. Berkshire Asset Management LLC PA now owns 1,208 shares of the industrial products company’s stock worth $916,000 after buying an additional 13 shares during the last quarter. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Trading Up 1.3%

Shares of NYSE:PH opened at $883.20 on Friday. Parker-Hannifin Corporation has a 52-week low of $646.51 and a 52-week high of $1,034.96. The company has a market capitalization of $111.36 billion, a P/E ratio of 32.58, a price-to-earnings-growth ratio of 2.54 and a beta of 1.14. The company has a 50-day simple moving average of $907.35 and a 200 day simple moving average of $915.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13.

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, beating the consensus estimate of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The business had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.40 billion. During the same period last year, the business posted $6.94 EPS. Parker-Hannifin’s revenue was up 10.6% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Sell-side analysts forecast that Parker-Hannifin Corporation will post 31.26 earnings per share for the current 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 paid a $2.00 dividend. This is an increase from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date was Friday, May 8th. This represents a $8.00 annualized dividend and a yield of 0.9%. Parker-Hannifin’s dividend payout ratio (DPR) is 29.51%.

Analyst Upgrades and Downgrades

PH has been the subject of a number of recent research reports. Morgan Stanley increased 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 note on Tuesday, February 24th. Mizuho set a $1,050.00 price objective on shares of Parker-Hannifin in a research note on Friday, May 1st. JPMorgan Chase & Co. reduced their price objective on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Citigroup increased their price objective on shares of Parker-Hannifin from $1,137.00 to $1,141.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Truist Financial set a $1,147.00 target price on shares of Parker-Hannifin in a research note on Friday, May 1st. Seventeen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,020.80.

Parker-Hannifin 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.