AGF Management Ltd. Increases Stock Holdings in Parker-Hannifin Corporation $PH

AGF Management Ltd. boosted its holdings in shares of Parker-Hannifin Corporation (NYSE:PH) by 35.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,996 shares of the industrial products company’s stock after buying an additional 519 shares during the quarter. AGF Management Ltd.’s holdings in Parker-Hannifin were worth $1,513,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in shares of Parker-Hannifin by 5.9% during the fourth quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company’s stock valued at $1,150,000 after acquiring an additional 101 shares in the last quarter. Bison Wealth LLC increased its stake in Parker-Hannifin by 4.5% during the 4th 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 in the last quarter. 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 worth $1,759,000 after buying an additional 15 shares during the last quarter. Acadian Asset Management LLC lifted 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 valued at $300,000 after buying an additional 15 shares during the last quarter. Institutional investors and hedge funds own 82.44% of the company’s stock.

Parker-Hannifin Trading Down 0.1%

Parker-Hannifin stock opened at $967.28 on Friday. The firm has a market cap of $122.09 billion, a PE ratio of 35.28, a P/E/G ratio of 3.30 and a beta of 1.25. Parker-Hannifin Corporation has a 12 month low of $488.45 and a 12 month high of $979.44. The stock’s 50 day simple moving average is $906.08 and its two-hundred day simple moving average is $813.12. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 0.52.

Parker-Hannifin (NYSE:PH) last posted its earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.11 by $0.54. Parker-Hannifin had a net margin of 17.29% and a return on equity of 27.56%. The firm had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.07 billion. During the same period in the previous year, the business posted $6.53 EPS. The business’s revenue was up 9.1% compared to the same quarter last year. Analysts anticipate that Parker-Hannifin Corporation will post 26.71 earnings per share for the current year.

Parker-Hannifin Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 6th will be paid a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, February 6th. Parker-Hannifin’s dividend payout ratio is presently 26.26%.

Wall Street Analyst Weigh In

PH has been the subject of a number of research reports. BNP Paribas Exane initiated coverage on Parker-Hannifin in a research report on Thursday, December 4th. They set an “outperform” rating and a $1,020.00 price target for the company. Barclays lifted their target price on Parker-Hannifin from $990.00 to $1,020.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Citigroup raised their price target on shares of Parker-Hannifin from $1,074.00 to $1,092.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Stifel Nicolaus lifted their price objective on shares of Parker-Hannifin from $941.00 to $965.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Finally, Wall Street Zen upgraded shares of Parker-Hannifin from a “hold” rating to a “buy” rating in a research note on Wednesday. Seventeen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $990.47.

Insider Activity

In other Parker-Hannifin news, VP Dinu J. Parel sold 1,316 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $950.05, for a total value of $1,250,265.80. Following the sale, the vice president directly owned 6,534 shares of the company’s stock, valued at approximately $6,207,626.70. This trade represents a 16.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Matthew A. Jacobson sold 564 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $949.94, for a total value of $535,766.16. Following the transaction, the vice president directly owned 1,000 shares of the company’s stock, valued at approximately $949,940. The trade was a 36.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 10,769 shares of company stock worth $9,649,169. 0.32% of the stock is currently owned by corporate insiders.

Key Stories Impacting Parker-Hannifin

Here are the key news stories impacting Parker-Hannifin this week:

• Positive Sentiment: Truist called out margin strength following PH’s Q2 earnings beat, highlighting better‑than‑expected operating leverage that supports profit outlook and valuation. Read More.
• Positive Sentiment: Quarterly results and commentary: PH reported stronger Q4/Q2 revenue and EPS versus estimates, with revenue growth and expanded margins cited as key drivers — fundamentals that can underpin upside. Read More.
• Positive Sentiment: Street support: several firms (JPMorgan, Truist, Barclays and others) recently raised targets or reiterated buy/overweight views, and Wall Street Zen upgraded the rating — analyst upgrades help sustain demand. Read More.
• Positive Sentiment: Dividend confirmed: PH disclosed a quarterly dividend (ex‑dividend early February), which is modest but supports income investors and reduces downside volatility for some holders. Read More.
• Neutral Sentiment: Momentum/coverage pieces (e.g., Zacks, MarketBeat writeups) are drawing attention from momentum traders but don’t materially change fundamentals. Read More.
• Negative Sentiment: Insider selling: multiple senior VPs sold stock in early Feb (Matthew A. Jacobson, Dinu J. Parel, Berend Bracht), each filing with the SEC shows significant reductions in their holdings — this cluster of sales is being framed in the press as “quiet” cash‑outs and is pressuring sentiment. Read More.
• Negative Sentiment: Additional SEC filings detail Parel’s sale. Multiple executive sales in close succession can raise short‑term investor concern even if sales are pre‑planned or for diversification. Read More.
• Negative Sentiment: Bracht’s Form 4 confirms another sizable sale; aggregated coverage (TipRanks, MarketBeat) is amplifying negative perception and likely contributed to elevated intraday volume. Read More. Read More.

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.