Keybank National Association OH Lowers Stock Holdings in Parker-Hannifin Corporation $PH

Keybank National Association OH lowered its position in Parker-Hannifin Corporation (NYSE:PH) by 5.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 416,978 shares of the industrial products company’s stock after selling 25,607 shares during the period. Parker-Hannifin comprises approximately 1.1% of Keybank National Association OH’s holdings, making the stock its 19th largest position. Keybank National Association OH’s holdings in Parker-Hannifin were worth $316,132,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PH. Chilton Capital Management LLC bought a new position in shares of Parker-Hannifin in the third quarter worth about $29,000. Interchange Capital Partners LLC purchased a new position in Parker-Hannifin in the 2nd quarter worth approximately $31,000. Valley Wealth Managers Inc. bought a new position in Parker-Hannifin in the 3rd quarter worth approximately $36,000. State of Wyoming purchased a new stake in Parker-Hannifin during the 2nd quarter valued at approximately $38,000. Finally, Princeton Global Asset Management LLC raised its position in shares of Parker-Hannifin by 56.1% during the second quarter. Princeton Global Asset Management LLC now owns 64 shares of the industrial products company’s stock valued at $45,000 after buying an additional 23 shares during the last quarter. 82.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Parker-Hannifin

In related news, VP Berend Bracht sold 3,507 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total transaction of $3,032,082.06. Following the transaction, the vice president directly owned 2,580 shares in the company, valued at approximately $2,230,616.40. This represents a 57.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Andrew D. Ross sold 2,488 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $894.81, for a total transaction of $2,226,287.28. Following the completion of the sale, the chief operating officer directly owned 13,120 shares in the company, valued at $11,739,907.20. This trade represents a 15.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,432 shares of company stock worth $6,484,116 over the last quarter. Insiders own 0.32% of the company’s stock.

Parker-Hannifin Trading Down 1.3%

PH opened at $935.71 on Friday. The stock has a 50-day moving average of $897.38 and a 200 day moving average of $806.27. The company has a current ratio of 1.18, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52. Parker-Hannifin Corporation has a 12 month low of $488.45 and a 12 month high of $965.00. The firm has a market cap of $118.08 billion, a P/E ratio of 34.13, a P/E/G ratio of 3.30 and a beta of 1.25.

Parker-Hannifin (NYSE:PH) last posted its quarterly earnings data 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 business had revenue of $5.17 billion during the quarter, compared to analyst estimates of $5.07 billion. Parker-Hannifin had a return on equity of 27.56% and a net margin of 17.29%.The company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the company earned $6.53 EPS. As a group, research analysts forecast 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, March 6th. Shareholders of record on Friday, February 6th will be paid a dividend of $1.80 per share. This represents a $7.20 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, February 6th. Parker-Hannifin’s payout ratio is presently 25.65%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on PH shares. The Goldman Sachs Group restated a “buy” rating on shares of Parker-Hannifin in a research report on Thursday. Robert W. Baird set a $1,050.00 price objective on shares of Parker-Hannifin in a report on Friday. Citigroup lifted their target price on Parker-Hannifin from $1,074.00 to $1,092.00 and gave the stock a “buy” rating in a report on Friday. Wells Fargo & Company increased their price target on Parker-Hannifin from $1,000.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Friday. Finally, BNP Paribas Exane assumed coverage on Parker-Hannifin in a report on Thursday, December 4th. They set an “outperform” rating and a $1,020.00 price target for the company. Seventeen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Parker-Hannifin presently has an average rating of “Moderate Buy” and an average target price of $990.47.

Key Headlines Impacting Parker-Hannifin

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

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.