Global Retirement Partners LLC Grows Stock Holdings in Parker-Hannifin Corporation $PH

Global Retirement Partners LLC lifted its position in shares of Parker-Hannifin Corporation (NYSE:PH) by 74.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,512 shares of the industrial products company’s stock after purchasing an additional 1,503 shares during the period. Global Retirement Partners LLC’s holdings in Parker-Hannifin were worth $3,087,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Capital World Investors lifted its stake in Parker-Hannifin by 7.0% in the 3rd quarter. Capital World Investors now owns 2,584,141 shares of the industrial products company’s stock worth $1,959,166,000 after purchasing an additional 169,073 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in Parker-Hannifin in the 4th quarter worth $104,040,000. California Public Employees Retirement System lifted its stake in Parker-Hannifin by 51.3% in the 3rd quarter. California Public Employees Retirement System now owns 336,247 shares of the industrial products company’s stock worth $254,926,000 after purchasing an additional 114,008 shares in the last quarter. Freestone Grove Partners LP purchased a new stake in Parker-Hannifin in the 3rd quarter worth $86,046,000. Finally, Danske Bank A S purchased a new stake in Parker-Hannifin in the 3rd quarter worth $70,822,000. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Trading Up 0.2%

Shares of PH stock opened at $866.34 on Friday. Parker-Hannifin Corporation has a 1 year low of $637.21 and a 1 year high of $1,034.96. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.13 and a quick ratio of 0.66. The stock’s 50 day simple moving average is $916.89 and its two-hundred day simple moving average is $913.51. The company has a market cap of $109.35 billion, a PE ratio of 31.96, a price-to-earnings-growth ratio of 2.52 and a beta of 1.18.

Parker-Hannifin (NYSE:PH) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.84 by $0.33. Parker-Hannifin had a return on equity of 27.97% and a net margin of 16.58%.The business had revenue of $5.49 billion for the quarter, compared to the consensus estimate of $5.40 billion. During the same period in the prior year, the business 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. Research analysts predict that Parker-Hannifin Corporation will post 31.26 earnings per share for the current year.

Parker-Hannifin Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 8th will be given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a yield of 0.9%. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date is Friday, May 8th. Parker-Hannifin’s dividend payout ratio (DPR) is currently 29.51%.

Key Parker-Hannifin News

Here are the key news stories impacting Parker-Hannifin this week:

• Positive Sentiment: The CIRCOR Aerospace deal should strengthen Parker-Hannifin’s aerospace and defense portfolio by adding complementary flight-critical motion and flow control capabilities, which management says could boost sales growth, margins, adjusted EPS, and cash flow. Article Title
• Positive Sentiment: Several recent writeups suggest the acquisition fits Parker-Hannifin’s strategy of focusing on higher-growth, higher-margin aerospace businesses, with CIRCOR’s unit expected to generate about $270 million in 2026 sales and more than 40% adjusted EBITDA margin before synergies. Article Title
• Neutral Sentiment: Wall Street coverage remains broadly constructive, with recent analyst notes and price targets still pointing to optimism around Parker-Hannifin’s long-term earnings power. Article Title
• Negative Sentiment: The market may also be weighing the deal’s premium valuation and execution risk, since the purchase is large and still needs regulatory approval before closing in the second half of 2026. Article Title

Analysts Set New Price Targets

Several analysts have commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a research note on Tuesday, April 21st. JPMorgan Chase & Co. decreased their price target on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Barclays boosted their price target on shares of Parker-Hannifin from $990.00 to $1,020.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Jefferies Financial Group boosted their price target on shares of Parker-Hannifin from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Finally, Citigroup boosted 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 note on Friday, May 1st. Seventeen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,022.30.

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.