Heartland Bank & Trust Co Purchases 650 Shares of Parker-Hannifin Corporation $PH

Posted by on Jul 18th, 2026

Heartland Bank & Trust Co raised its position in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 156.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,066 shares of the industrial products company’s stock after purchasing an additional 650 shares during the quarter. Heartland Bank & Trust Co’s holdings in Parker-Hannifin were worth $954,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in PH. Fideuram Asset Management Ireland dac bought a new position in shares of Parker-Hannifin in the fourth quarter worth about $1,253,000. Truist Financial Corp increased its stake in Parker-Hannifin by 2.7% in the 4th quarter. Truist Financial Corp now owns 174,852 shares of the industrial products company’s stock worth $153,687,000 after buying an additional 4,673 shares during the period. Y.D. More Investments Ltd bought a new stake in Parker-Hannifin during the 4th quarter valued at about $3,800,000. BCS Wealth Management lifted its holdings in Parker-Hannifin by 83.3% during the 4th quarter. BCS Wealth Management now owns 3,120 shares of the industrial products company’s stock valued at $2,742,000 after buying an additional 1,418 shares in the last quarter. Finally, Shepherd Street Advisors LLC purchased a new stake in Parker-Hannifin in the 4th quarter valued at about $1,736,000. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Price Performance

Shares of PH opened at $953.13 on Friday. The company has a market cap of $120.18 billion, a price-to-earnings ratio of 35.16, a price-to-earnings-growth ratio of 2.56 and a beta of 1.11. Parker-Hannifin Corporation has a twelve month low of $692.02 and a twelve month high of $1,034.96. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46. The company has a 50 day moving average of $912.84 and a two-hundred day moving average of $933.05.

Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping 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 firm posted $6.94 earnings per share. The business’s quarterly revenue was up 10.6% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. As a group, analysts predict that Parker-Hannifin Corporation will post 31.26 earnings per share for the current fiscal year.

Parker-Hannifin Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 8th were paid a dividend of $2.00 per share. This is a positive change from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date was Friday, May 8th. This represents a $8.00 annualized dividend and a yield of 0.8%. Parker-Hannifin’s dividend payout ratio (DPR) is presently 29.51%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Mizuho set a $1,050.00 target price on shares of Parker-Hannifin in a research note on Friday, May 1st. Evercore set a $1,064.00 price target on shares of Parker-Hannifin in a research note on Monday, May 11th. Truist Financial boosted their price target on Parker-Hannifin from $1,147.00 to $1,269.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Wells Fargo & Company dropped their price objective on Parker-Hannifin from $980.00 to $950.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 26th. Finally, BMO Capital Markets assumed coverage on Parker-Hannifin in a report on Friday, March 27th. They set an “outperform” rating and a $1,090.00 price objective on the stock. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,027.38.

View Our Latest Stock Report on Parker-Hannifin

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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