Parker-Hannifin (NYSE:PH) Reaches New 52-Week High After Analyst Upgrade

Parker-Hannifin Corporation (NYSE:PH)’s stock price reached a new 52-week high on Wednesday after Wall Street Zen upgraded the stock from a hold rating to a buy rating. The company traded as high as $972.80 and last traded at $963.9350, with a volume of 697468 shares trading hands. The stock had previously closed at $952.00.

PH has been the subject of a number of other reports. Citigroup lifted 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 note on Friday, January 30th. Susquehanna restated a “positive” rating and issued a $1,000.00 target price on shares of Parker-Hannifin in a report on Wednesday, November 12th. BNP Paribas Exane assumed coverage on shares of Parker-Hannifin in a research note on Thursday, December 4th. They set an “outperform” rating and a $1,020.00 target price for the company. Robert W. Baird set a $1,050.00 price target on Parker-Hannifin in a research note on Friday, January 30th. Finally, Stifel Nicolaus lifted their price objective on Parker-Hannifin from $941.00 to $965.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Seventeen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $990.47.

Insider Buying and Selling

In other news, VP Berend Bracht sold 3,507 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $864.58, for a total value of $3,032,082.06. Following the transaction, the vice president owned 2,580 shares of the company’s stock, valued at $2,230,616.40. This trade represents a 57.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Dinu J. Parel sold 1,316 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $950.05, for a total value of $1,250,265.80. Following the transaction, the vice president 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 SEC filing for this sale provides additional information. Insiders sold 10,769 shares of company stock worth $9,649,169 in the last quarter. Company insiders own 0.32% of the company’s stock.

Parker-Hannifin News Roundup

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.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PH. Vanguard Group Inc. boosted its stake in Parker-Hannifin by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 11,142,535 shares of the industrial products company’s stock valued at $9,793,843,000 after buying an additional 33,606 shares during the last quarter. Procyon Advisors LLC raised its holdings in shares of Parker-Hannifin by 158,565.9% during the 3rd quarter. Procyon Advisors LLC now owns 5,069,374 shares of the industrial products company’s stock worth $3,843,346,000 after acquiring an additional 5,066,179 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Parker-Hannifin by 0.6% during the 3rd quarter. Bank of America Corp DE now owns 3,904,591 shares of the industrial products company’s stock worth $2,960,266,000 after acquiring an additional 22,706 shares in the last quarter. Capital World Investors boosted its position in shares of Parker-Hannifin by 7.0% during the 3rd quarter. Capital World Investors now owns 2,584,141 shares of the industrial products company’s stock valued at $1,959,166,000 after acquiring an additional 169,073 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Parker-Hannifin by 1.8% in the second quarter. Invesco Ltd. now owns 2,345,922 shares of the industrial products company’s stock valued at $1,638,556,000 after purchasing an additional 41,221 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Price Performance

The company has a market cap of $122.09 billion, a P/E ratio of 35.28, a PEG ratio of 3.30 and a beta of 1.25. The firm’s 50-day moving average is $906.08 and its two-hundred day moving average is $813.12. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.18 and a quick ratio of 0.66.

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

Parker-Hannifin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Friday, February 6th will be given a dividend of $1.80 per share. The ex-dividend date is Friday, February 6th. This represents a $7.20 dividend on an annualized basis and a yield of 0.7%. Parker-Hannifin’s dividend payout ratio is 26.26%.

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.