8,908 Shares in Parker-Hannifin Corporation $PH Bought by Rokos Capital Management LLP

Rokos Capital Management LLP purchased a new position in shares of Parker-Hannifin Corporation (NYSE:PH) during the 1st quarter, HoldingsChannel reports. The firm purchased 8,908 shares of the industrial products company’s stock, valued at approximately $7,974,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Texas Capital Bancshares Inc TX purchased a new position in Parker-Hannifin in the third quarter worth approximately $25,000. HFM Investment Advisors LLC increased its position in shares of 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 purchasing an additional 30 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of Parker-Hannifin in the 4th quarter valued at approximately $31,000. NFSG Corp raised its holdings in shares of Parker-Hannifin by 94.4% in the 1st quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 17 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC raised its holdings in shares of Parker-Hannifin by 80.0% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Truist Financial lifted their price objective on shares of Parker-Hannifin from $1,147.00 to $1,269.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Wall Street Zen cut Parker-Hannifin from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. JPMorgan Chase & Co. decreased their price target on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Evercore set a $1,064.00 price objective on Parker-Hannifin in a research report on Monday, May 11th. Finally, Stifel Nicolaus increased their price objective on Parker-Hannifin from $965.00 to $1,000.00 and gave the company a “hold” rating in a report on Friday, April 10th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,027.38.

Parker-Hannifin Trading Up 0.0%

Shares of Parker-Hannifin stock opened at $987.98 on Tuesday. 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 company has a fifty day simple moving average of $924.86 and a 200-day simple moving average of $936.61. The stock has a market cap of $124.57 billion, a price-to-earnings ratio of 36.44, a PEG ratio of 2.64 and a beta of 1.11. Parker-Hannifin Corporation has a 12-month low of $692.02 and a 12-month high of $1,034.96.

Parker-Hannifin (NYSE:PH) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $5.40 billion. During the same period in the previous year, the company earned $6.94 earnings per share. Parker-Hannifin’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. On average, equities analysts forecast that Parker-Hannifin Corporation will post 31.26 EPS for the current fiscal year.

About Parker-Hannifin

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.