Fintel reports that on November 13, 2024, UBS initiated coverage of Parker-Hannifin (LSE:0KFZ) with a Buy recommendation.
Analyst Price Forecast Suggests 1.22% Downside
As of October 22, 2024, the average one-year price target for Parker-Hannifin is 690.55 GBX/share. The forecasts range from a low of 495.40 GBX to a high of 823.19 GBX. The average price target represents a decrease of 1.22% from its latest reported closing price of 699.05 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Parker-Hannifin is 20,951MM, an increase of 4.83%. The projected annual non-GAAP EPS is 24.36.
What is the Fund Sentiment?
There are 2,462 funds or institutions reporting positions in Parker-Hannifin. This is an increase of 85 owner(s) or 3.58% in the last quarter. Average portfolio weight of all funds dedicated to 0KFZ is 0.39%, an increase of 2.36%. Total shares owned by institutions increased in the last three months by 10.28% to 128,077K shares.
What are Other Shareholders Doing?
BlackRock holds 8,544K shares representing 6.64% ownership of the company.
Bank Of America holds 4,167K shares representing 3.24% ownership of the company. In its prior filing, the firm reported owning 4,276K shares , representing a decrease of 2.62%. The firm decreased its portfolio allocation in 0KFZ by 16.37% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,063K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 4,037K shares , representing an increase of 0.65%. The firm decreased its portfolio allocation in 0KFZ by 10.92% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 3,300K shares representing 2.56% ownership of the company. In its prior filing, the firm reported owning 3,236K shares , representing an increase of 1.93%. The firm decreased its portfolio allocation in 0KFZ by 12.16% over the last quarter.
Aristotle Capital Management holds 3,288K shares representing 2.55% ownership of the company. In its prior filing, the firm reported owning 3,354K shares , representing a decrease of 2.02%. The firm decreased its portfolio allocation in 0KFZ by 7.03% over the last quarter.
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