Rep. Byron Donalds Sells Shares of Parker-Hannifin Corporation (NYSE:PH)

Representative Byron Donalds (Republican-Florida) recently sold shares of Parker-Hannifin Corporation (NYSE:PH). In a filing disclosed on September 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Parker-Hannifin stock on August 11th. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.

Representative Byron Donalds also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 8/12/2026.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 8/11/2026.

Parker-Hannifin Price Performance

Shares of PH stock opened at $919.17 on Thursday. The firm has a market cap of $115.86 billion, a P/E ratio of 32.26, a P/E/G ratio of 2.88 and a beta of 1.13. Parker-Hannifin Corporation has a fifty-two week low of $715.37 and a fifty-two week high of $1,099.94. The business’s 50 day moving average price is $987.72 and its 200-day moving average price is $945.12. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.26.

Parker-Hannifin (NYSE:PH) last announced its earnings results on Thursday, August 6th. The industrial products company reported $9.27 EPS for the quarter, beating analysts’ consensus estimates of $8.31 by $0.96. The company had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.69 earnings per share. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, equities research analysts anticipate that Parker-Hannifin Corporation will post 34.95 earnings per share for the current year.

Parker-Hannifin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Monday, August 31st were issued a $2.00 dividend. The ex-dividend date was Monday, August 31st. This represents a $8.00 annualized dividend and a yield of 0.9%. Parker-Hannifin’s dividend payout ratio (DPR) is 28.08%.

Institutional Trading of Parker-Hannifin

A number of institutional investors and hedge funds have recently bought and sold shares of PH. Tortoise Investment Management LLC grew its holdings in shares of Parker-Hannifin by 6.4% during the second quarter. Tortoise Investment Management LLC now owns 629 shares of the industrial products company’s stock valued at $615,000 after buying an additional 38 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Parker-Hannifin by 10.0% in the second quarter. Sequoia Financial Advisors LLC now owns 60,061 shares of the industrial products company’s stock worth $58,747,000 after purchasing an additional 5,473 shares during the last quarter. Archford Capital Strategies LLC boosted its position in shares of Parker-Hannifin by 77.5% during the second quarter. Archford Capital Strategies LLC now owns 2,072 shares of the industrial products company’s stock valued at $2,027,000 after buying an additional 905 shares during the last quarter. National Pension Service raised its position in Parker-Hannifin by 3.0% in the 2nd quarter. National Pension Service now owns 367,138 shares of the industrial products company’s stock worth $359,105,000 after buying an additional 10,590 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its position in Parker-Hannifin by 7.7% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 780 shares of the industrial products company’s stock worth $763,000 after buying an additional 56 shares during the last quarter. 82.44% of the stock is currently owned by institutional investors.

Insider Activity at Parker-Hannifin

In other news, VP Berend Bracht sold 602 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the completion of the transaction, the vice president directly owned 4,399 shares of the company’s stock, valued at $4,577,027.53. The trade was a 12.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.32% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

PH has been the subject of several research analyst reports. KeyCorp raised their target price on shares of Parker-Hannifin from $1,100.00 to $1,210.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Wall Street Zen lowered Parker-Hannifin from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. BMO Capital Markets restated an “outperform” rating and set a $1,214.00 price target on shares of Parker-Hannifin in a research report on Friday, August 7th. UBS Group increased their price objective on Parker-Hannifin from $1,092.00 to $1,250.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and issued a $1,220.00 target price (up from $1,090.00) on shares of Parker-Hannifin in a research report on Friday, August 7th. Seventeen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,114.55.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.

Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

About Parker-Hannifin

Parker-Hannifin Corporation (NYSE:PH) is a diversified manufacturer of motion and control technologies. The company develops and produces systems and components that manage the movement and flow of liquids, gases and other materials for industrial, mobile and aerospace applications.

Its products include hydraulic and pneumatic systems, fluid connectors, filtration and process-control equipment, electromechanical technologies, seals, thermal-management solutions and aerospace systems. Parker-Hannifin serves manufacturers and operators in markets such as factory automation, transportation, energy, construction, life sciences and aviation.

Founded in 1917, Parker-Hannifin is headquartered in Cleveland, Ohio, and serves customers through manufacturing, distribution and sales operations across North America, Europe, Asia and other international markets.