Czech National Bank grew its holdings in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) by 4.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,889 shares of the industrial products company’s stock after purchasing an additional 1,514 shares during the quarter. Czech National Bank’s holdings in Parker-Hannifin were worth $35,104,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of PH. Texas Capital Bancshares Inc TX acquired a new position in Parker-Hannifin during the third quarter worth about $25,000. HFM Investment Advisors LLC raised its holdings in Parker-Hannifin by 1,000.0% in the 4th quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 30 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in Parker-Hannifin in the 4th quarter valued at about $31,000. NFSG Corp lifted its stake in Parker-Hannifin by 94.4% in the 1st quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 17 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC boosted its holdings in shares of Parker-Hannifin by 80.0% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 16 shares during the last quarter. 82.44% of the stock is owned by hedge funds and other institutional investors.
Parker-Hannifin Stock Up 7.5%
PH stock opened at $1,071.30 on Friday. Parker-Hannifin Corporation has a one year low of $708.18 and a one year high of $1,099.94. The firm has a market cap of $135.08 billion, a PE ratio of 39.52, a PEG ratio of 2.67 and a beta of 1.12. The firm’s 50 day moving average price is $945.98 and its 200-day moving average price is $940.22. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a research report on Friday, July 17th. Mizuho set a $1,050.00 price objective on Parker-Hannifin in a research report on Friday, May 1st. Stifel Nicolaus upped their target price on Parker-Hannifin from $965.00 to $1,000.00 and gave the company a “hold” rating in a report on Friday, April 10th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $1,037.00 target price on shares of Parker-Hannifin in a research note on Thursday, July 16th. Finally, JPMorgan Chase & Co. reduced their price target on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Parker-Hannifin currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,027.38.
Read Our Latest Stock Report on PH
Key Stories Impacting Parker-Hannifin
Here are the key news stories impacting Parker-Hannifin this week:
- Positive Sentiment: Quarterly results exceeded expectations: Fiscal fourth-quarter sales rose 9.8% year over year to approximately $5.8 billion, while adjusted EPS increased 21% to a record $9.27, topping analyst estimates near $8.26–$8.29. Parker Reports Record Fiscal 2026 Fourth Quarter and Full Year Results
- Positive Sentiment: Broad operating momentum supported the beat: Organic sales grew 8%, adjusted segment operating margin expanded, and strength in aerospace and industrial markets helped drive record results. Total backlog reached $12.8 billion, including an $8.5 billion aerospace backlog. PH Q4 Earnings Beat Estimates on Aerospace and Industrial Growth
- Positive Sentiment: Fiscal 2027 guidance pointed to another record year: Parker-Hannifin forecast adjusted EPS of $34.25 to $35.25, slightly above the roughly $34.09 consensus, alongside reported and organic sales growth of 5.5% to 8.5%. Management also raised its long-term adjusted segment operating margin target to 30% by fiscal 2031. Parker-Hannifin Q4 2026 Earnings Call Transcript
- Neutral Sentiment: The company completed its Curtis Instruments acquisition and announced agreements to acquire Filtration Group and CIRCOR’s aerospace business. The transactions could expand Parker’s portfolio but also introduce integration and execution considerations.
- Negative Sentiment: Fiscal 2027 revenue guidance of approximately $20.9 billion to $21.5 billion was below one reported consensus estimate of $22.7 billion. In addition, PH’s valuation is elevated, its median analyst target is about $1,060, and reported insider activity showed selling rather than purchases.
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.
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