Rothschild Investment LLC Sells 62 Shares of Parker-Hannifin Corporation $PH

Rothschild Investment LLC reduced its stake in shares of Parker-Hannifin Corporation (NYSE:PH) by 5.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 983 shares of the industrial products company’s stock after selling 62 shares during the quarter. Rothschild Investment LLC’s holdings in Parker-Hannifin were worth $687,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in 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 purchasing an additional 101 shares during the last quarter. Bison Wealth LLC increased its holdings 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 worth $476,000 after buying an additional 32 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Parker-Hannifin by 6.8% during the first quarter. Private Advisor Group LLC now owns 5,685 shares of the industrial products company’s stock worth $3,456,000 after buying an additional 364 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Parker-Hannifin by 50.3% in the first quarter. J.W. Cole Advisors Inc. now owns 3,677 shares of the industrial products company’s stock valued at $2,235,000 after acquiring an additional 1,230 shares during the last quarter. Finally, Crestwood Advisors Group LLC boosted its holdings in shares of Parker-Hannifin by 11.7% in the 1st quarter. Crestwood Advisors Group LLC now owns 2,347 shares of the industrial products company’s stock worth $1,427,000 after acquiring an additional 245 shares in the last quarter. 82.44% of the stock is owned by institutional investors.

Parker-Hannifin Price Performance

Parker-Hannifin stock opened at $816.88 on Wednesday. The firm has a market capitalization of $103.08 billion, a P/E ratio of 30.12, a PEG ratio of 3.21 and a beta of 1.37. Parker-Hannifin Corporation has a 1 year low of $488.45 and a 1 year high of $869.36. The business has a 50-day moving average of $770.01 and a 200-day moving average of $725.92. The company has a current ratio of 1.19, a quick ratio of 0.71 and a debt-to-equity ratio of 0.55.

Parker-Hannifin (NYSE:PH) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $7.22 earnings per share for the quarter, topping analysts’ consensus estimates of $6.62 by $0.60. Parker-Hannifin had a net margin of 17.79% and a return on equity of 26.80%. The company had revenue of $5.08 billion for the quarter, compared to analysts’ expectations of $4.94 billion. During the same period last year, the firm posted $6.20 earnings per share. The business’s quarterly 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. FY 2026 guidance at 29.600-30.400 EPS. On average, equities analysts anticipate that Parker-Hannifin Corporation will post 26.71 EPS for the current year.

Parker-Hannifin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 7th will be issued a dividend of $1.80 per share. The ex-dividend date is Friday, November 7th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.9%. Parker-Hannifin’s dividend payout ratio (DPR) is presently 25.65%.

Wall Street Analysts Forecast Growth

PH has been the subject of a number of recent analyst reports. Citigroup raised their price target on Parker-Hannifin from $831.00 to $874.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Wells Fargo & Company increased their target price on Parker-Hannifin from $840.00 to $925.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Robert W. Baird lifted their price target on Parker-Hannifin from $930.00 to $960.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Barclays upped their price target on shares of Parker-Hannifin from $785.00 to $906.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Finally, Wall Street Zen upgraded shares of Parker-Hannifin from a “hold” rating to a “buy” rating in a research report on Saturday, September 20th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $860.71.

Insider Activity at Parker-Hannifin

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 completion of the transaction, the vice president owned 2,714 shares in the company, valued at $2,315,014.86. This trade represents a 34.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joseph R. Leonti sold 4,625 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $750.84, for a total value of $3,472,635.00. Following the completion of the transaction, the executive vice president owned 13,878 shares of the company’s stock, valued at approximately $10,420,157.52. This represents a 25.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 9,569 shares of company stock valued at $7,730,464. 0.32% of the stock is owned by insiders.

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.