Breed s Hill Capital LLC Purchases New Stake in Parker-Hannifin Corporation $PH

Breed s Hill Capital LLC acquired a new position in shares of Parker-Hannifin Corporation (NYSE:PH) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 324 shares of the industrial products company’s stock, valued at approximately $226,000.

A number of other hedge funds and other institutional investors have also modified their holdings of PH. Wealth Preservation Advisors LLC purchased a new stake in shares of Parker-Hannifin in the first quarter valued at about $27,000. Saudi Central Bank acquired a new position in Parker-Hannifin in the 1st quarter valued at about $31,000. Interchange Capital Partners LLC purchased a new stake in shares of Parker-Hannifin in the 2nd quarter valued at approximately $31,000. Accent Capital Management LLC acquired a new stake in shares of Parker-Hannifin during the 1st quarter worth approximately $41,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in shares of Parker-Hannifin by 421.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 73 shares of the industrial products company’s stock valued at $44,000 after buying an additional 59 shares during the period. 82.44% of the stock is owned by institutional investors and hedge funds.

Parker-Hannifin Trading Down 0.5%

NYSE PH opened at $853.61 on Thursday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.71 and a current ratio of 1.19. The firm has a market cap of $108.02 billion, a price-to-earnings ratio of 31.48, a PEG ratio of 3.21 and a beta of 1.37. The firm has a 50 day simple moving average of $764.38 and a 200-day simple moving average of $718.91. Parker-Hannifin Corporation has a one year low of $488.45 and a one year high of $869.36.

Parker-Hannifin (NYSE:PH) last released its earnings results on Thursday, November 6th. The industrial products company reported $7.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.62 by $0.60. Parker-Hannifin had a net margin of 17.79% and a return on equity of 26.80%. The company had revenue of $5.08 billion for the quarter, compared to analyst estimates of $4.94 billion. During the same period in the prior year, the business earned $6.20 EPS. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 29.600-30.400 EPS. FY 2026 guidance at 29.600-30.400 EPS. Equities research analysts anticipate that Parker-Hannifin Corporation will post 26.71 EPS for the current fiscal year.

Parker-Hannifin Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 7th will be issued a $1.80 dividend. The ex-dividend date is Friday, November 7th. This represents a $7.20 dividend on an annualized basis and a yield of 0.8%. Parker-Hannifin’s dividend payout ratio (DPR) is 25.65%.

Insider Buying and Selling

In other Parker-Hannifin news, EVP Joseph R. Leonti sold 4,625 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $750.84, for a total transaction of $3,472,635.00. Following the sale, the executive vice president owned 13,878 shares in the company, valued at $10,420,157.52. This represents a 25.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.32% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PH. Wall Street Zen upgraded Parker-Hannifin from a “hold” rating to a “buy” rating in a research report on Saturday, September 20th. Raymond James Financial increased their price target on Parker-Hannifin from $735.00 to $845.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Robert W. Baird boosted their price objective on shares of Parker-Hannifin from $930.00 to $960.00 and gave the company an “outperform” rating in a report on Wednesday. Cowen reaffirmed a “hold” rating on shares of Parker-Hannifin in a research report on Friday, August 29th. Finally, Susquehanna reiterated a “positive” rating and set a $1,000.00 price target on shares of Parker-Hannifin in a research report on Wednesday. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Parker-Hannifin currently has a consensus rating of “Moderate Buy” and a consensus target price of $860.71.

Parker-Hannifin Profile

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.