World Investment Advisors Has $2.50 Million Holdings in Parker-Hannifin Corporation $PH

World Investment Advisors grew its stake in Parker-Hannifin Corporation (NYSE:PH) by 47.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,848 shares of the industrial products company’s stock after buying an additional 912 shares during the quarter. World Investment Advisors’ holdings in Parker-Hannifin were worth $2,503,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Boyd Watterson Asset Management LLC OH lifted its position in shares of Parker-Hannifin by 1.6% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 5,676 shares of the industrial products company’s stock worth $4,989,000 after purchasing an additional 92 shares in the last quarter. Seelaus Asset Management LLC bought a new stake in shares of Parker-Hannifin in the fourth quarter worth $220,000. Argos Wealth Advisors LLC bought a new stake in shares of Parker-Hannifin in the fourth quarter worth $343,000. Meridian Wealth Management LLC lifted its position in shares of Parker-Hannifin by 1.0% in the fourth quarter. Meridian Wealth Management LLC now owns 2,051 shares of the industrial products company’s stock worth $1,803,000 after purchasing an additional 21 shares in the last quarter. Finally, AG2R LA Mondiale Gestion D Actifs lifted its position in shares of Parker-Hannifin by 4.3% in the fourth quarter. AG2R LA Mondiale Gestion D Actifs now owns 5,122 shares of the industrial products company’s stock worth $4,502,000 after purchasing an additional 212 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Morgan Stanley boosted 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. Robert W. Baird set a $1,050.00 price objective on shares of Parker-Hannifin in a research report on Friday, January 30th. Citigroup upped their price target on shares of Parker-Hannifin from $1,137.00 to $1,141.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Parker-Hannifin in a research report on Thursday, January 29th. Seventeen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,022.30.

Parker-Hannifin Stock Performance

NYSE PH opened at $861.31 on Friday. 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 firm’s fifty day moving average price is $925.06 and its two-hundred day moving average price is $910.46. Parker-Hannifin Corporation has a 1 year low of $637.21 and a 1 year high of $1,034.96. The firm has a market capitalization of $108.71 billion, a P/E ratio of 31.77, a price-to-earnings-growth ratio of 2.56 and a beta of 1.18.

Parker-Hannifin (NYSE:PH) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.40 billion. During the same period in the prior year, the firm posted $6.94 earnings per share. The company’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. As a group, research analysts anticipate that Parker-Hannifin Corporation will post 31.26 EPS for the current year.

Parker-Hannifin Increases Dividend

The business 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. The ex-dividend date of this dividend is Friday, May 8th. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. This represents a $8.00 annualized dividend and a dividend yield of 0.9%. Parker-Hannifin’s payout ratio is currently 29.51%.

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.