Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Position in Parker-Hannifin Corporation $PH

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Parker-Hannifin Corporation (NYSE:PHFree Report) by 3.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,165 shares of the industrial products company’s stock after acquiring an additional 2,914 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Parker-Hannifin worth $66,842,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Procyon Advisors LLC grew its holdings in shares of Parker-Hannifin by 158,565.9% during the third quarter. Procyon Advisors LLC now owns 5,069,374 shares of the industrial products company’s stock worth $3,843,346,000 after buying an additional 5,066,179 shares during the last quarter. Norges Bank acquired a new stake in Parker-Hannifin during the 2nd quarter worth approximately $1,352,509,000. Canada Pension Plan Investment Board grew its stake in shares of Parker-Hannifin by 115.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 367,904 shares of the industrial products company’s stock valued at $256,970,000 after purchasing an additional 197,317 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Parker-Hannifin by 9.1% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,639,582 shares of the industrial products company’s stock valued at $1,145,199,000 after purchasing an additional 136,359 shares during the period. Finally, Lazard Freres Gestion S.A.S. purchased a new stake in shares of Parker-Hannifin during the third quarter worth approximately $103,284,000. Institutional investors and hedge funds own 82.44% of the company’s stock.

Parker-Hannifin Price Performance

PH stock opened at $928.81 on Wednesday. The firm has a 50 day moving average of $880.87 and a 200-day moving average of $795.03. The company has a market cap of $117.20 billion, a price-to-earnings ratio of 33.09, a PEG ratio of 3.28 and a beta of 1.25. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.54. Parker-Hannifin Corporation has a 12-month low of $488.45 and a 12-month high of $950.00.

Parker-Hannifin (NYSE:PHGet Free Report) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $7.22 earnings per share for the quarter, beating the consensus estimate of $6.62 by $0.60. The firm had revenue of $5.08 billion during the quarter, compared to the consensus estimate of $4.94 billion. Parker-Hannifin had a return on equity of 27.23% and a net margin of 18.17%.Parker-Hannifin’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the business posted $6.20 EPS. Parker-Hannifin has set its FY 2026 guidance at 29.600-30.400 EPS and its FY 2026 guidance at 29.600-30.400 EPS. As a group, equities analysts expect that Parker-Hannifin Corporation will post 26.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PH. BNP Paribas started coverage on shares of Parker-Hannifin in a research note on Thursday, December 4th. They issued an “outperform” rating and a $1,020.00 price objective on the stock. Mizuho lifted their target price on shares of Parker-Hannifin from $800.00 to $825.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Truist Financial increased their price target on shares of Parker-Hannifin from $977.00 to $1,097.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. KeyCorp lifted their price objective on Parker-Hannifin from $935.00 to $1,050.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Finally, Wall Street Zen raised Parker-Hannifin from a “hold” rating to a “buy” rating in a research note on Monday. Seventeen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Parker-Hannifin presently has an average rating of “Moderate Buy” and a consensus target price of $946.17.

View Our Latest Research Report on PH

Insider Transactions at Parker-Hannifin

In other Parker-Hannifin news, VP Berend Bracht sold 3,507 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total value of $3,032,082.06. Following the sale, the vice president owned 2,580 shares of the company’s stock, valued at $2,230,616.40. This represents a 57.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Andrew D. Ross sold 2,488 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $894.81, for a total transaction of $2,226,287.28. Following the transaction, the chief operating officer directly owned 13,120 shares of the company’s stock, valued at approximately $11,739,907.20. This trade represents a 15.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,432 shares of company stock valued at $6,484,116 in the last 90 days. 0.32% of the stock is currently owned by insiders.

About Parker-Hannifin

(Free Report)

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.

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Institutional Ownership by Quarter for Parker-Hannifin (NYSE:PH)

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