AustralianSuper Pty Ltd increased its position in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) by 60.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,796 shares of the industrial products company’s stock after buying an additional 3,317 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Parker-Hannifin were worth $6,669,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in Parker-Hannifin by 5.9% in the 4th quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company’s stock valued at $1,150,000 after purchasing an additional 101 shares during the last quarter. Bison Wealth LLC increased its stake in Parker-Hannifin by 4.5% in the fourth quarter. Bison Wealth LLC now owns 749 shares of the industrial products company’s stock valued at $476,000 after purchasing an additional 32 shares during the period. Empowered Funds LLC raised its holdings in shares of Parker-Hannifin by 0.5% in the first quarter. Empowered Funds LLC now owns 2,894 shares of the industrial products company’s stock valued at $1,759,000 after buying an additional 15 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of Parker-Hannifin by 26.2% during the first quarter. Acadian Asset Management LLC now owns 799 shares of the industrial products company’s stock worth $484,000 after buying an additional 166 shares during the period. Finally, Sivia Capital Partners LLC grew its holdings in shares of Parker-Hannifin by 3.6% during the second quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company’s stock worth $300,000 after buying an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.
Parker-Hannifin Price Performance
Parker-Hannifin stock opened at $949.49 on Friday. The company has a market cap of $119.82 billion, a P/E ratio of 33.83, a price-to-earnings-growth ratio of 3.19 and a beta of 1.25. Parker-Hannifin Corporation has a one year low of $488.45 and a one year high of $965.00. The business has a fifty day moving average of $895.47 and a two-hundred day moving average of $804.72. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.61 and a current ratio of 1.07.
Parker-Hannifin Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 6th will be given a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, February 6th. Parker-Hannifin’s dividend payout ratio (DPR) is presently 25.65%.
Analysts Set New Price Targets
Several analysts have commented on the company. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Parker-Hannifin in a research note on Thursday. Morgan Stanley restated a “positive” rating on shares of Parker-Hannifin in a research note on Wednesday, January 14th. Industrial Alliance Securities set a $1,032.00 price target on Parker-Hannifin in a report on Thursday. Stifel Nicolaus boosted their price objective on shares of Parker-Hannifin from $869.00 to $941.00 and gave the company a “hold” rating in a research note on Friday, January 23rd. Finally, Wells Fargo & Company raised their target price on shares of Parker-Hannifin from $925.00 to $1,000.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Seventeen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Parker-Hannifin has a consensus rating of “Moderate Buy” and a consensus price target of $954.47.
View Our Latest Research Report on Parker-Hannifin
Parker-Hannifin News Roundup
Here are the key news stories impacting Parker-Hannifin this week:
- Positive Sentiment: Q2 results beat expectations — revenue of ~$5.17B, adjusted EPS of $7.65 (beat estimates), record sales and organic sales growth (~6.6%), and margin expansion. These driven fundamentals are the main catalyst behind today’s share strength. Parker Reports Fiscal 2026 Second Quarter Results
- Positive Sentiment: Company raised its annual profit outlook citing stronger aerospace parts demand and momentum across businesses, which supports higher forward earnings expectations. Parker-Hannifin raises annual profit forecast on aerospace parts demand
- Neutral Sentiment: Analyst activity: Stifel raised its price target to $941, providing price-target support, but kept a Hold rating — a mixed signal for investors weighing upside vs. valuation. Stifel Revises Parker-Hannifin (PH) Outlook in Diversified Industrials Review
- Neutral Sentiment: Company materials and transcripts (earnings release, slide deck, call transcripts) are now available — useful for investors who want details on segment trends, buyback/dividend plans, and free cash flow assumptions. View Press Release (slide deck)
- Negative Sentiment: On a GAAP basis net income and EPS were down versus last year because the prior-year quarter included a one-time after‑tax divestiture gain — a reminder to focus on adjusted results and the sustainability of margin gains. Parker Reports Fiscal 2026 Second Quarter Results
Insider Transactions 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 sale, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Berend Bracht sold 3,507 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total value of $3,032,082.06. Following the completion of the transaction, the vice president owned 2,580 shares of the company’s stock, valued at approximately $2,230,616.40. This represents a 57.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 7,432 shares of company stock valued at $6,484,116 in the last quarter. 0.32% of the stock is currently owned by corporate insiders.
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.
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