Matthew Jacobson Sells 564 Shares of Parker-Hannifin (NYSE:PH) Stock

Parker-Hannifin Corporation (NYSE:PH) VP Matthew Jacobson sold 564 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $949.94, for a total transaction of $535,766.16. Following the completion of the transaction, the vice president owned 1,000 shares in the company, valued at approximately $949,940. This trade represents a 36.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Parker-Hannifin Stock Down 0.1%

Shares of NYSE PH opened at $967.28 on Friday. The firm’s 50 day moving average price is $906.08 and its 200 day moving average price is $813.12. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.66 and a current ratio of 1.18. The firm has a market cap of $122.09 billion, a P/E ratio of 35.28, a price-to-earnings-growth ratio of 3.30 and a beta of 1.25. Parker-Hannifin Corporation has a 1 year low of $488.45 and a 1 year high of $979.44.

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

Parker-Hannifin Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, February 6th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.7%. Parker-Hannifin’s dividend payout ratio is currently 26.26%.

Key Parker-Hannifin News

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.

Analyst Ratings Changes

Several brokerages recently commented on PH. Truist Financial set a $1,139.00 price target on shares of Parker-Hannifin in a research report on Friday, January 30th. Robert W. Baird set a $1,050.00 target price on Parker-Hannifin in a research report on Friday, January 30th. Susquehanna reissued a “positive” rating and set a $1,000.00 price target on shares of Parker-Hannifin in a research report on Wednesday, November 12th. Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a report on Thursday, January 22nd. Finally, Morgan Stanley reiterated a “positive” rating on shares of Parker-Hannifin in a report on Wednesday, January 14th. Seventeen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $990.47.

Institutional Investors Weigh In On Parker-Hannifin

Several hedge funds have recently modified their holdings of the stock. Brighton Jones LLC boosted its holdings 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 worth $1,150,000 after acquiring an additional 101 shares during the period. Bison Wealth LLC boosted its stake in shares of 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 grew its holdings in Parker-Hannifin by 0.5% during the 1st quarter. Empowered Funds LLC now owns 2,894 shares of the industrial products company’s stock valued at $1,759,000 after purchasing an additional 15 shares in the last quarter. Acadian Asset Management LLC increased its stake in Parker-Hannifin by 26.2% during the 1st 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 boosted its position in Parker-Hannifin by 3.6% in the 2nd 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. 82.44% of the stock is currently owned by hedge funds and other institutional investors.

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.