Parker-Hannifin Corporation $PH Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC lessened its holdings in shares of Parker-Hannifin Corporation (NYSE:PH) by 1.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 606,838 shares of the industrial products company’s stock after selling 7,966 shares during the quarter. Parker-Hannifin accounts for approximately 1.6% of Kestra Advisory Services LLC’s holdings, making the stock its 6th largest holding. Kestra Advisory Services LLC owned 0.48% of Parker-Hannifin worth $579,785,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PH. BlackRock Inc. bought a new position in shares of Parker-Hannifin during the 2nd quarter valued at about $10,163,362,000. State Street Corp increased its stake in Parker-Hannifin by 0.5% during the 2nd quarter. State Street Corp now owns 9,385,389 shares of the industrial products company’s stock worth $9,180,037,000 after purchasing an additional 42,548 shares in the last quarter. Bank of America Corp DE bought a new stake in Parker-Hannifin during the 2nd quarter worth approximately $3,273,507,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Parker-Hannifin by 2.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,032,942 shares of the industrial products company’s stock worth $1,010,341,000 after buying an additional 25,167 shares during the period. Finally, Deutsche Bank AG acquired a new stake in Parker-Hannifin during the 2nd quarter worth approximately $987,587,000. 82.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PH. UBS Group set a $950.00 target price on Parker-Hannifin in a report on Wednesday, October 14th. Argus lifted their price target on Parker-Hannifin from $1,030.00 to $1,200.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Stifel Nicolaus set a $1,002.00 price target on Parker-Hannifin in a report on Monday, October 19th. Raymond James Financial upped their price objective on Parker-Hannifin from $1,050.00 to $1,250.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Finally, Wall Street Zen upgraded Parker-Hannifin from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Parker-Hannifin presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,146.35.

Parker-Hannifin Price Performance

NYSE:PH opened at $893.24 on Friday. Parker-Hannifin Corporation has a 1-year low of $806.22 and a 1-year high of $1,099.94. The company has a current ratio of 1.26, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44. The firm has a fifty day simple moving average of $948.25 and a 200 day simple moving average of $949.31. The stock has a market capitalization of $112.65 billion, a PE ratio of 28.17, a P/E/G ratio of 2.53 and a beta of 1.15.

Parker-Hannifin (NYSE:PH) last issued its earnings results on Thursday, November 5th. The industrial products company reported $8.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.21 by $0.69. The company had revenue of $5.99 billion for the quarter, compared to analysts’ expectations of $5.81 billion. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. Parker-Hannifin’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.22 EPS. Parker-Hannifin has set its FY 2027 guidance at 36.450-37.250 EPS. On average, research analysts expect that Parker-Hannifin Corporation will post 35.72 EPS for the current fiscal year.

Parker-Hannifin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be issued a $2.00 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $8.00 dividend on an annualized basis and a yield of 0.9%. Parker-Hannifin’s payout ratio is currently 28.08%.

Key Stories Impacting Parker-Hannifin

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

• Positive Sentiment: Fiscal Q1 sales rose 18% year over year to a record $6.0 billion, while adjusted EPS increased 23% to a record $8.90, beating consensus estimates. Organic sales grew 11.5%, and adjusted segment operating margin expanded to 28.6%. Parker delivers record fiscal 2027 first-quarter results
• Positive Sentiment: Management raised its FY2027 outlook: adjusted EPS guidance is now $36.45–$37.25, above the cited $35.61 consensus, and revenue guidance of $24.9–$25.6 billion is also above consensus. The company cited demand across market verticals and record backlog levels. PH Q1 earnings beat estimates on industrial and aerospace strength
• Neutral Sentiment: Despite the upbeat results and outlook, reports described a sharp swing in the shares after earnings. The stock’s retreat may reflect profit-taking or investors digesting the news; available reports do not establish a single cause. Parker-Hannifin drops on Q1 2027 earnings filing day
• Negative Sentiment: One report also flagged rising debt alongside the improved outlook, a potential concern for investors, although the provided coverage did not specify the size or implications of the increase. Parker-Hannifin earnings rise as orders lift outlook and debt climbs

Insider Activity

In related news, VP Berend Bracht sold 602 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total value of $626,362.94. Following the completion of the sale, the vice president directly owned 4,399 shares in the company, valued at approximately $4,577,027.53. The trade was a 12.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.35% of the stock is currently owned by insiders.

About Parker-Hannifin

Parker-Hannifin Corporation is a diversified manufacturer of motion and control technologies and systems. The company serves aerospace, industrial, and other specialized markets with products designed to control the movement and flow of liquids and gases, as well as mechanical motion and power.

Its product portfolio includes hydraulic and pneumatic systems, filtration and process-control equipment, electromechanical technologies, sealing and shielding products, connectors, pumps, valves, and related components.