Mirae Asset Global Investments Co. Ltd. Purchases 2,341 Shares of Parker-Hannifin Corporation $PH

Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Parker-Hannifin Corporation (NYSE:PH) by 13.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,256 shares of the industrial products company’s stock after acquiring an additional 2,341 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Parker-Hannifin were worth $14,599,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Ballentine Partners LLC grew its stake in shares of Parker-Hannifin by 2.8% during the third quarter. Ballentine Partners LLC now owns 1,629 shares of the industrial products company’s stock valued at $1,235,000 after buying an additional 44 shares during the last quarter. Federated Hermes Inc. boosted its holdings in Parker-Hannifin by 4.7% during the 3rd quarter. Federated Hermes Inc. now owns 56,789 shares of the industrial products company’s stock valued at $43,055,000 after acquiring an additional 2,557 shares during the period. Valeo Financial Advisors LLC grew its position in Parker-Hannifin by 8.0% in the 3rd quarter. Valeo Financial Advisors LLC now owns 1,979 shares of the industrial products company’s stock valued at $1,500,000 after acquiring an additional 146 shares during the last quarter. Truist Financial Corp increased its stake in Parker-Hannifin by 2.3% in the third quarter. Truist Financial Corp now owns 170,179 shares of the industrial products company’s stock worth $129,021,000 after purchasing an additional 3,869 shares during the period. Finally, Master S Wealth Management Inc. lifted its position in shares of Parker-Hannifin by 4.6% during the third quarter. Master S Wealth Management Inc. now owns 1,200 shares of the industrial products company’s stock worth $909,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 82.44% of the company’s stock.

Insiders Place Their Bets

In other news, VP Rachid Bendali sold 1,437 shares of Parker-Hannifin stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $852.99, for a total transaction 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. The trade was a 34.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Berend Bracht sold 3,507 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $864.58, for a total value of $3,032,082.06. Following the transaction, the vice president owned 2,580 shares in the company, valued at $2,230,616.40. This represents a 57.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 7,432 shares of company stock valued at $6,484,116. 0.32% of the stock is currently owned by insiders.

Parker-Hannifin Stock Performance

Shares of Parker-Hannifin stock opened at $935.71 on Friday. The company has a 50 day moving average price of $897.38 and a 200 day moving average price of $806.27. Parker-Hannifin Corporation has a 52 week low of $488.45 and a 52 week high of $965.00. The company has a quick ratio of 0.61, a current ratio of 1.18 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $118.08 billion, a P/E ratio of 34.13, a PEG ratio of 3.30 and a beta of 1.25.

Parker-Hannifin (NYSE:PH) last posted its earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.11 by $0.54. The firm had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.07 billion. Parker-Hannifin had a net margin of 17.29% and a return on equity of 27.56%. During the same period in the previous year, the business posted $6.53 EPS. The business’s revenue was up 9.1% compared to the same quarter last year. Sell-side analysts expect that Parker-Hannifin Corporation will post 26.71 EPS for the current year.

Parker-Hannifin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 6th will be given a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, February 6th. Parker-Hannifin’s dividend payout ratio (DPR) is 25.65%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on PH shares. Barclays raised their price target on shares of Parker-Hannifin from $990.00 to $1,020.00 and gave the stock an “overweight” rating in a research note on Friday. Mizuho raised their target price on shares of Parker-Hannifin from $800.00 to $825.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Robert W. Baird set a $1,050.00 price target on Parker-Hannifin in a report on Friday. Morgan Stanley restated a “positive” rating on shares of Parker-Hannifin in a report on Wednesday, January 14th. Finally, Stifel Nicolaus increased their price target on Parker-Hannifin from $941.00 to $965.00 and gave the stock a “hold” rating in a research report on Friday. Seventeen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $990.47.

Parker-Hannifin News Roundup

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

• Positive Sentiment: Q2 results beat expectations — adjusted EPS $7.65 vs. consensus ~ $7.11 and revenue $5.17B vs. ~$5.07B; organic sales +6.6% and margin expansion drove better operating performance. Q2 Results
• Positive Sentiment: Company raised full‑year EPS guidance to $30.40–31.00 (vs. consensus ~30.36) and gave revenue guidance roughly $20.9B–$21.3B; management cited margin expansion and strategic moves (including the Filtration Group) as drivers of the higher outlook. Guidance & Deep Dive
• Positive Sentiment: Multiple brokers raised price targets and maintained buy/overweight views after the quarter (Jefferies, JPMorgan, Citi, Wells Fargo among others), signaling continued analyst confidence and upside potential. Analyst Raises
• Positive Sentiment: Company raised its annual profit forecast citing stronger aerospace parts demand, reinforcing the thesis that end‑market recovery is supporting sustainable earnings. Reuters: Forecast Raise
• Neutral Sentiment: Options flow shows notable institutional/large‑ticket activity — useful for short‑term positioning signals but not a directional confirmation by itself. Options Activity
• Neutral Sentiment: Technical note — PH crossed above its 20‑day moving average, a short‑term bullish sign that could attract momentum traders. Technical Note
• Neutral Sentiment: Analyst/third‑party research (Argus, Stifel coverage changes) produced mixed tone — some target increases but a few hold ratings remain, showing divergent views on valuation vs. growth. Analyst Report
• Negative Sentiment: Valuation concerns: some commentary argues PH is trading at a premium multiple after the recent rally, prompting profit‑taking by investors who see limited near‑term upside versus risk. Valuation Critique
• Negative Sentiment: Some GAAP metrics look mixed: reported net income was down year‑over‑year because the prior period included a one‑time divestiture gain — this nuance can temper enthusiasm despite strong adjusted results. GAAP vs Adjusted Note

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.