Key Points
- COO Andrew Ross sold 2,488 shares at an average of $894.81 for a total of $2,226,287.28, reducing his holdings to 13,120 shares — a 15.94% decrease in ownership.
- Parker-Hannifin beat expectations in its latest quarter with $7.22 EPS vs. $6.62 consensus and revenue of $5.08B, and issued FY2026 EPS guidance of 29.60–30.40, while the stock trades at a P/E of 31.48 and a market cap of about $111.5B.
- The company pays a quarterly dividend of $1.80 ($7.20 annualized, ~0.8% yield), has institutional ownership of 82.44%, and holds an average analyst rating of "Moderate Buy" with an average target near $889.50.
Parker-Hannifin Corporation (NYSE:PH - Get Free Report) COO Andrew Ross sold 2,488 shares of the company's stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $894.81, for a total value of $2,226,287.28. Following the sale, the chief operating officer owned 13,120 shares of the company's stock, valued at $11,739,907.20. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Parker-Hannifin Trading Down 0.1%
Shares of PH opened at $883.70 on Tuesday. 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 Corporation has a 52-week low of $488.45 and a 52-week high of $908.35. The firm has a market cap of $111.51 billion, a price-to-earnings ratio of 31.48, a PEG ratio of 3.08 and a beta of 1.25. The business's fifty day moving average is $810.26 and its 200-day moving average is $753.25.
Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The industrial products company reported $7.22 earnings per share for the quarter, topping the consensus estimate of $6.62 by $0.60. The business had revenue of $5.08 billion during the quarter, compared to the consensus estimate of $4.94 billion. Parker-Hannifin had a return on equity of 27.23% and a net margin of 18.17%.Parker-Hannifin's revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the company earned $6.20 EPS. Parker-Hannifin has set its FY 2026 guidance at 29.600-30.400 EPS and its FY 2026 guidance at 29.600-30.400 EPS. Equities analysts anticipate that Parker-Hannifin Corporation will post 26.71 EPS for the current fiscal year.
Parker-Hannifin Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Friday, November 7th were paid a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Friday, November 7th. Parker-Hannifin's dividend payout ratio (DPR) is presently 25.65%.
Institutional Investors Weigh In On Parker-Hannifin
Institutional investors have recently made changes to their positions in the stock. Texas Capital Bancshares Inc TX acquired a new stake in shares of Parker-Hannifin during the 3rd quarter worth approximately $25,000. Wealth Preservation Advisors LLC bought a new position in Parker-Hannifin during the first quarter worth $27,000. Chilton Capital Management LLC bought a new position in Parker-Hannifin during the third quarter worth $29,000. Interchange Capital Partners LLC acquired a new stake in Parker-Hannifin in the second quarter worth $31,000. Finally, Saudi Central Bank bought a new stake in Parker-Hannifin in the first quarter valued at $31,000. Institutional investors own 82.44% of the company's stock.
Analysts Set New Price Targets
PH has been the subject of several research reports. Cowen reissued a "hold" rating on shares of Parker-Hannifin in a research note on Friday, August 29th. Barclays increased their price target on Parker-Hannifin from $906.00 to $950.00 and gave the company an "overweight" rating in a research note on Thursday, December 4th. Weiss Ratings reissued a "buy (b)" rating on shares of Parker-Hannifin in a report on Wednesday, October 8th. Argus reaffirmed a "buy" rating and issued a $900.00 target price on shares of Parker-Hannifin in a report on Monday, November 10th. Finally, Deutsche Bank Aktiengesellschaft lowered Parker-Hannifin from a "buy" rating to a "hold" rating and set a $809.00 price target on the stock. in a research note on Thursday, September 4th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Parker-Hannifin currently has an average rating of "Moderate Buy" and an average target price of $889.50.
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About Parker-Hannifin
(
Get Free Report)
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.
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