Mirabella Financial Services LLP Purchases 5,219 Shares of Parker-Hannifin Corporation $PH

Mirabella Financial Services LLP grew its holdings in shares of Parker-Hannifin Corporation (NYSE:PH) by 215.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,644 shares of the industrial products company’s stock after buying an additional 5,219 shares during the quarter. Mirabella Financial Services LLP’s holdings in Parker-Hannifin were worth $5,343,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PH. Brighton Jones LLC lifted its holdings in Parker-Hannifin by 5.9% during the 4th quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company’s stock valued at $1,150,000 after buying an additional 101 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Parker-Hannifin by 4.5% during the fourth quarter. Bison Wealth LLC now owns 749 shares of the industrial products company’s stock valued at $476,000 after acquiring an additional 32 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Parker-Hannifin by 23.8% in the first quarter. Goldman Sachs Group Inc. now owns 996,738 shares of the industrial products company’s stock valued at $605,867,000 after purchasing an additional 191,799 shares during the period. Vanguard Group Inc. grew its stake in Parker-Hannifin by 1.6% in the first quarter. Vanguard Group Inc. now owns 11,023,764 shares of the industrial products company’s stock worth $6,700,795,000 after purchasing an additional 168,990 shares in the last quarter. Finally, Exencial Wealth Advisors LLC lifted its holdings in shares of Parker-Hannifin by 8.2% in the 1st quarter. Exencial Wealth Advisors LLC now owns 2,149 shares of the industrial products company’s stock worth $1,306,000 after buying an additional 163 shares during the period. 82.44% of the stock is owned by institutional investors.

Parker-Hannifin Stock Up 0.5%

Parker-Hannifin stock opened at $873.11 on Friday. Parker-Hannifin Corporation has a fifty-two week low of $488.45 and a fifty-two week high of $879.66. The company has a market cap of $110.18 billion, a PE ratio of 31.10, a PEG ratio of 3.02 and a beta of 1.25. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.61 and a current ratio of 1.07. The business’s 50-day simple moving average is $792.81 and its two-hundred day simple moving average is $741.51.

Parker-Hannifin (NYSE:PH) last released its earnings results on Thursday, November 6th. The industrial products company reported $7.22 EPS for the quarter, topping analysts’ consensus estimates of $6.62 by $0.60. Parker-Hannifin had a return on equity of 27.23% and a net margin of 18.17%.The firm had revenue of $5.08 billion during the quarter, compared to the consensus estimate of $4.94 billion. During the same quarter in the previous year, the company posted $6.20 earnings per share. The company’s revenue was up 3.7% compared to the same quarter last year. 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 year.

Parker-Hannifin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 7th will be issued a $1.80 dividend. This represents a $7.20 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, November 7th. Parker-Hannifin’s payout ratio is 25.65%.

Insider Activity at Parker-Hannifin

In other Parker-Hannifin news, VP Rachid Bendali sold 1,437 shares of the company’s stock in a transaction that occurred on 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 sale, the vice president owned 2,714 shares in the company, valued at approximately $2,315,014.86. This represents a 34.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Berend Bracht sold 3,507 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total transaction of $3,032,082.06. Following the completion of the transaction, the vice president owned 2,580 shares of the company’s stock, valued at approximately $2,230,616.40. This represents a 57.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on PH shares. Mizuho boosted their price target on shares of Parker-Hannifin from $800.00 to $825.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a research note on Wednesday, October 8th. Truist Financial reaffirmed a “buy” rating and set a $977.00 price objective (up previously from $910.00) on shares of Parker-Hannifin in a research report on Friday, November 7th. Barclays boosted their target price on shares of Parker-Hannifin from $906.00 to $950.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Evercore ISI reissued an “outperform” rating on shares of Parker-Hannifin in a report on Tuesday, August 19th. Fifteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Parker-Hannifin currently has a consensus rating of “Moderate Buy” and a consensus target price of $872.00.

Parker-Hannifin Profile

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.