Legacy Edge Advisors LLC Makes New Investment in Parker-Hannifin Corporation $PH

Legacy Edge Advisors LLC bought a new position in shares of Parker-Hannifin Corporation (NYSE:PH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 599 shares of the industrial products company’s stock, valued at approximately $526,000.

Several other hedge funds and other institutional investors have also modified their holdings of PH. Texas Capital Bancshares Inc TX purchased a new position in shares of Parker-Hannifin during the third quarter worth $25,000. Chilton Capital Management LLC purchased a new position in shares of Parker-Hannifin during the third quarter worth $29,000. Ameriflex Group Inc. boosted its position in shares of Parker-Hannifin by 366.7% during the third quarter. Ameriflex Group Inc. now owns 42 shares of the industrial products company’s stock worth $32,000 after buying an additional 33 shares during the period. Mowery & Schoenfeld Wealth Management LLC boosted its position in shares of Parker-Hannifin by 80.0% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock worth $32,000 after buying an additional 16 shares during the period. Finally, Morse Asset Management Inc boosted its position in shares of Parker-Hannifin by 164.7% during the third quarter. Morse Asset Management Inc now owns 45 shares of the industrial products company’s stock worth $34,000 after buying an additional 28 shares during the period. 82.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on PH. JPMorgan Chase & Co. raised their price target on Parker-Hannifin from $1,083.00 to $1,100.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Barclays raised their price target on Parker-Hannifin from $990.00 to $1,020.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Wall Street Zen upgraded Parker-Hannifin from a “hold” rating to a “buy” rating in a research report on Wednesday, February 4th. KeyCorp restated an “overweight” rating and set a $1,100.00 price target on shares of Parker-Hannifin in a research report on Friday, January 30th. Finally, Morgan Stanley raised their price target on Parker-Hannifin from $945.00 to $1,038.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 24th. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Parker-Hannifin currently has a consensus rating of “Moderate Buy” and an average target price of $1,012.45.

Parker-Hannifin Stock Performance

Shares of PH opened at $881.74 on Friday. Parker-Hannifin Corporation has a 1 year low of $608.31 and a 1 year high of $1,034.96. The stock has a market capitalization of $111.29 billion, a PE ratio of 32.52, a PEG ratio of 2.84 and a beta of 1.18. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. The stock has a 50-day simple moving average of $948.12 and a 200-day simple moving average of $901.99.

Parker-Hannifin (NYSE:PH) last released its earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, topping analysts’ consensus estimates of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The firm had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.40 billion. During the same period in the prior year, the firm earned $6.94 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. On average, analysts predict that Parker-Hannifin Corporation will post 31.09 earnings per share for the current fiscal year.

Parker-Hannifin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 8th will be paid a dividend of $2.00 per share. The ex-dividend date is Friday, May 8th. This is a positive change from Parker-Hannifin’s previous quarterly dividend of $1.80. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.9%. Parker-Hannifin’s payout ratio is currently 26.26%.

More Parker-Hannifin News

Here are the key news stories impacting Parker-Hannifin this week:

• Positive Sentiment: Q3 beat and raised outlook — Adjusted EPS of $8.17 (+18% YoY) and record quarterly revenue (~$5.5B). Management lifted FY‑2026 adjusted EPS guidance to $31.20, signaling continued demand and execution. Parker Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Record backlog and aerospace strength — Backlog hit $12.5B and aerospace organic growth/expanding margins were highlighted as the primary tailwinds supporting near‑term revenue visibility. Parker Hannifin Backlog Hits Record $12.5 Billion, Lifts Outlook
• Positive Sentiment: Cash generation & buybacks/dividend — Year‑to‑date operating cash flow remains strong (record), the company repurchased ~$275M in the quarter and raised its dividend (70th consecutive hike), supporting shareholder returns. Parker Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Analyst coverage remains constructive — Multiple buy/overweight ratings and a median price target around $1,038 suggest upside among sell‑side analysts, which can limit downside but also set high expectations. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Neutral Sentiment: Institutional flows mixed — Large asset managers trimmed positions while other funds added; this rebalancing increases intra‑day volume and can amplify moves without signaling a clear directional consensus. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Negative Sentiment: Sell‑the‑news reaction — Despite beats, shares fell after the print as investors digested that the raise wasn’t a major upside surprise and that GAAP net income/EPS fell vs. prior year (prior quarter included a discrete tax benefit). Parker-Hannifin shares slide as investors digest Q3 results and a raised—but not blowout—full-year outlook
• Negative Sentiment: Heavy insider selling — Public filings show no insider purchases and numerous sales by senior executives in recent months; that can spook momentum traders even if sales may be for diversification or tax planning. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Negative Sentiment: Guidance details mixed — Adjusted EPS guidance slightly above consensus but revenue guidance (~$21.2B) was roughly in line or slightly below some street models; not a clear upward re‑rating catalyst. Parker-Hannifin Tops Q3 Earnings & Sales Estimates, Updates 26′ View

Insider Activity

In related news, VP Dinu J. Parel sold 1,316 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $950.05, for a total transaction of $1,250,265.80. Following the sale, the vice president directly owned 6,534 shares in the company, valued at approximately $6,207,626.70. This represents a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Matthew A. Jacobson sold 564 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $949.94, for a total transaction of $535,766.16. Following the sale, the vice president owned 1,000 shares in the company, valued at $949,940. The trade was a 36.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 10,063 shares of company stock valued at $9,891,214. 0.32% of the stock is owned by corporate insiders.

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.