Caldwell Trust Co Invests $2.60 Million in Parker-Hannifin Corporation $PH

Caldwell Trust Co acquired a new stake in shares of Parker-Hannifin Corporation (NYSE:PH) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,715 shares of the industrial products company’s stock, valued at approximately $2,595,000.

Other large investors have also recently bought and sold shares of the company. Fidelis Capital Partners LLC raised its position in shares of Parker-Hannifin by 1.3% during the 2nd quarter. Fidelis Capital Partners LLC now owns 1,071 shares of the industrial products company’s stock worth $747,000 after purchasing an additional 14 shares during the period. Cascade Financial Partners LLC increased its position in Parker-Hannifin by 3.1% in the first quarter. Cascade Financial Partners LLC now owns 498 shares of the industrial products company’s stock worth $303,000 after buying an additional 15 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its stake in Parker-Hannifin by 0.8% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 1,814 shares of the industrial products company’s stock valued at $1,103,000 after buying an additional 15 shares during the last quarter. Bingham Private Wealth LLC boosted its holdings in shares of Parker-Hannifin by 3.3% during the second quarter. Bingham Private Wealth LLC now owns 472 shares of the industrial products company’s stock valued at $330,000 after acquiring an additional 15 shares during the period. Finally, Meadow Creek Wealth Advisors LLC grew its position in shares of Parker-Hannifin by 3.6% during the second quarter. Meadow Creek Wealth Advisors LLC now owns 430 shares of the industrial products company’s stock worth $300,000 after acquiring an additional 15 shares during the last quarter. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Trading Down 1.6%

Shares of Parker-Hannifin stock opened at $884.58 on Monday. The business has a fifty day simple moving average of $807.88 and a 200-day simple moving average of $751.72. Parker-Hannifin Corporation has a fifty-two week low of $488.45 and a fifty-two week high of $908.35. The firm has a market cap of $111.63 billion, a price-to-earnings ratio of 31.51, a price-to-earnings-growth ratio of 3.08 and a beta of 1.25. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.54.

Parker-Hannifin (NYSE:PH) last issued its quarterly earnings results on Thursday, November 6th. The industrial products company reported $7.22 EPS for the quarter, topping the consensus estimate of $6.62 by $0.60. Parker-Hannifin had a net margin of 18.17% and a return on equity of 27.23%. The firm had revenue of $5.08 billion for the quarter, compared to analysts’ expectations of $4.94 billion. During the same period in the previous year, the business earned $6.20 earnings per share. Parker-Hannifin’s revenue for the quarter was up 3.7% compared to the same quarter last year. 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. On average, equities analysts forecast that Parker-Hannifin Corporation will post 26.71 EPS for the current fiscal year.

Parker-Hannifin Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts recently weighed in on PH shares. Deutsche Bank Aktiengesellschaft downgraded shares of Parker-Hannifin from a “buy” rating to a “hold” rating and set a $809.00 price objective on the stock. in a research report on Thursday, September 4th. Wall Street Zen lowered Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Parker-Hannifin in a research note on Wednesday, October 8th. Stifel Nicolaus reduced their price target on Parker-Hannifin from $726.00 to $723.00 and set a “hold” rating for the company in a research report on Monday, October 20th. Finally, Citigroup raised their price target on Parker-Hannifin from $960.00 to $1,006.00 and gave the company a “buy” rating in a report on Monday, December 8th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $889.50.

Insider Activity at Parker-Hannifin

In other Parker-Hannifin news, VP Rachid Bendali sold 1,437 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $852.99, for a total value of $1,225,746.63. Following the transaction, the vice president owned 2,714 shares of the company’s stock, valued at approximately $2,315,014.86. This represents a 34.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Berend Bracht sold 3,507 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $864.58, for a total value of $3,032,082.06. Following the sale, the vice president directly owned 2,580 shares of the company’s stock, valued at approximately $2,230,616.40. This represents a 57.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.32% of the company’s stock.

Parker-Hannifin Company 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.