Parker-Hannifin Corporation $PH Shares Acquired by MGO One Seven LLC

MGO One Seven LLC boosted its position in shares of Parker-Hannifin Corporation (NYSE:PH) by 309.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,514 shares of the industrial products company’s stock after buying an additional 5,680 shares during the quarter. MGO One Seven LLC’s holdings in Parker-Hannifin were worth $5,697,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fidelis Capital Partners LLC lifted its holdings in Parker-Hannifin by 1.3% in the 2nd quarter. Fidelis Capital Partners LLC now owns 1,071 shares of the industrial products company’s stock valued at $747,000 after acquiring an additional 14 shares during the last quarter. Bingham Private Wealth LLC raised its holdings in shares of Parker-Hannifin by 3.3% in the 2nd quarter. Bingham Private Wealth LLC now owns 472 shares of the industrial products company’s stock worth $330,000 after purchasing an additional 15 shares in the last quarter. Meadow Creek Wealth Advisors LLC lifted its stake in Parker-Hannifin by 3.6% during the second quarter. Meadow Creek Wealth Advisors LLC now owns 430 shares of the industrial products company’s stock valued at $300,000 after purchasing an additional 15 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in Parker-Hannifin by 0.8% during the second quarter. Valeo Financial Advisors LLC now owns 1,833 shares of the industrial products company’s stock valued at $1,280,000 after purchasing an additional 15 shares during the last quarter. Finally, Sivia Capital Partners LLC boosted its holdings in Parker-Hannifin by 3.6% during the second quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company’s stock worth $300,000 after buying an additional 15 shares in the last quarter. 82.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PH has been the topic of several research reports. Wells Fargo & Company upped their price target on Parker-Hannifin from $925.00 to $1,000.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Barclays boosted their target price on Parker-Hannifin from $950.00 to $990.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Citigroup reiterated a “buy” rating on shares of Parker-Hannifin in a research report on Monday. Mizuho lifted their price target on Parker-Hannifin from $800.00 to $825.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Susquehanna reaffirmed a “positive” rating and set a $1,000.00 price objective on shares of Parker-Hannifin in a research note on Wednesday, November 12th. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Parker-Hannifin has a consensus rating of “Moderate Buy” and an average target price of $932.11.

Insider Activity

In other news, VP Rachid Bendali sold 1,437 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were 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 of the company’s stock, valued at approximately $2,315,014.86. This represents a 34.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Andrew D. Ross sold 2,488 shares of the 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 approximately $11,739,907.20. This represents a 15.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,432 shares of company stock worth $6,484,116 in the last ninety days. Corporate insiders own 0.32% of the company’s stock.

Parker-Hannifin Trading Up 0.8%

Shares of NYSE PH opened at $928.24 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.54. Parker-Hannifin Corporation has a one year low of $488.45 and a one year high of $933.33. The business has a 50-day moving average price of $866.59 and a two-hundred day moving average price of $785.30. The firm has a market capitalization of $117.13 billion, a PE ratio of 33.07, a PEG ratio of 3.20 and a beta of 1.25.

Parker-Hannifin (NYSE:PH) last posted its quarterly earnings results on Thursday, November 6th. The industrial products company reported $7.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.62 by $0.60. The business had revenue of $5.08 billion during the quarter, compared to analyst estimates of $4.94 billion. Parker-Hannifin had a net margin of 18.17% and a return on equity of 27.23%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.20 earnings per share. 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. As a group, analysts predict that Parker-Hannifin Corporation will post 26.71 earnings per share for the current fiscal year.

Parker-Hannifin Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 7th were paid a dividend of $1.80 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.8%. Parker-Hannifin’s dividend payout ratio (DPR) is 25.65%.

About Parker-Hannifin

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.