Parker-Hannifin (NYSE:PH) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Parker-Hannifin (NYSE:PH) from a buy rating to a hold rating in a research note released on Tuesday.

Several other equities research analysts have also recently issued reports on the stock. Argus reaffirmed a “buy” rating and set a $900.00 price target on shares of Parker-Hannifin in a research note on Monday, November 10th. Morgan Stanley restated a “positive” rating on shares of Parker-Hannifin in a research report on Wednesday, January 14th. Mizuho boosted their price target on Parker-Hannifin from $800.00 to $825.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Barclays increased their price target on Parker-Hannifin from $950.00 to $990.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 7th. Finally, Truist Financial upped their target price on Parker-Hannifin from $977.00 to $1,097.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. 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, Parker-Hannifin has a consensus rating of “Moderate Buy” and a consensus target price of $954.47.

Parker-Hannifin Stock Performance

NYSE:PH opened at $949.49 on Tuesday. Parker-Hannifin has a fifty-two week low of $488.45 and a fifty-two week high of $965.00. The stock has a market cap of $119.82 billion, a PE ratio of 33.83, a price-to-earnings-growth ratio of 3.19 and a beta of 1.25. The firm’s fifty day simple moving average is $895.47 and its 200-day simple moving average is $804.72. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.54.

Parker-Hannifin (NYSE:PH) last posted its earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share for the quarter, beating the consensus estimate of $7.11 by $0.54. Parker-Hannifin had a net margin of 18.17% and a return on equity of 27.23%. The firm had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $5.07 billion. Analysts expect that Parker-Hannifin will post 26.71 earnings per share for the current fiscal year.

Parker-Hannifin Announces Dividend

The company also recently declared 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. This represents a $7.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, February 6th. Parker-Hannifin’s payout ratio is 25.65%.

Insiders Place Their Bets

In other news, VP Rachid Bendali sold 1,437 shares of the firm’s stock in a transaction dated 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 transaction, the vice president directly owned 2,714 shares in the company, valued at $2,315,014.86. This trade represents a 34.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Berend Bracht sold 3,507 shares of the business’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 sale, the vice president owned 2,580 shares of the company’s stock, valued at $2,230,616.40. The trade was a 57.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 7,432 shares of company stock worth $6,484,116 over the last three months. 0.32% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Texas Capital Bancshares Inc TX bought a new position in Parker-Hannifin during the 3rd quarter worth approximately $25,000. Mowery & Schoenfeld Wealth Management LLC raised its position in shares of Parker-Hannifin by 80.0% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 16 shares in the last quarter. Chilton Capital Management LLC bought a new position in Parker-Hannifin during the third quarter worth $29,000. Ameriflex Group Inc. boosted its holdings in Parker-Hannifin by 366.7% in the third quarter. Ameriflex Group Inc. now owns 42 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 33 shares during the period. Finally, Avion Wealth increased its stake in Parker-Hannifin by 35.5% during the fourth quarter. Avion Wealth now owns 42 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 11 shares during the last quarter. 82.44% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Parker-Hannifin

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

Parker-Hannifin Company 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.