Parker-Hannifin (PH) – Research Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Parker-Hannifin (NYSE: PH) in the last few weeks:

• 1/31/2025 – Parker-Hannifin had its price target raised by analysts at KeyCorp from $775.00 to $790.00. They now have an “overweight” rating on the stock.
• 1/31/2025 – Parker-Hannifin had its price target raised by analysts at Wells Fargo & Company from $710.00 to $775.00. They now have an “overweight” rating on the stock.
• 1/31/2025 – Parker-Hannifin had its price target lowered by analysts at Barclays PLC from $800.00 to $791.00. They now have an “overweight” rating on the stock.
• 1/31/2025 – Parker-Hannifin was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/31/2025 – Parker-Hannifin had its price target raised by analysts at Stifel Nicolaus from $689.00 to $691.00. They now have a “hold” rating on the stock.
• 1/31/2025 – Parker-Hannifin had its price target lowered by analysts at UBS Group AG from $842.00 to $805.00. They now have a “buy” rating on the stock.
• 1/24/2025 – Parker-Hannifin had its price target lowered by analysts at Stifel Nicolaus from $691.00 to $689.00. They now have a “hold” rating on the stock.
• 1/7/2025 – Parker-Hannifin had its price target lowered by analysts at Wells Fargo & Company from $770.00 to $710.00. They now have an “overweight” rating on the stock.
• 12/19/2024 – Parker-Hannifin had its price target raised by analysts at Truist Financial Co. from $788.00 to $842.00. They now have a “buy” rating on the stock.
• 12/12/2024 – Parker-Hannifin was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating. They now have a $786.00 price target on the stock.
• 12/6/2024 – Parker-Hannifin had its price target raised by analysts at Jefferies Financial Group Inc. from $765.00 to $810.00. They now have a “buy” rating on the stock.

Parker-Hannifin Stock Down 0.8 %

Parker-Hannifin stock traded down $5.56 during midday trading on Tuesday, hitting $690.21. 527,947 shares of the company were exchanged, compared to its average volume of 669,354. The company’s fifty day moving average price is $666.68 and its 200-day moving average price is $631.59. The company has a market cap of $88.84 billion, a PE ratio of 28.57, a price-to-earnings-growth ratio of 2.90 and a beta of 1.45. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.06 and a quick ratio of 0.59. Parker-Hannifin Co. has a fifty-two week low of $492.71 and a fifty-two week high of $718.44.

Parker-Hannifin (NYSE:PH) last released its quarterly earnings results on Thursday, January 30th. The industrial products company reported $6.53 EPS for the quarter, topping the consensus estimate of $6.23 by $0.30. Parker-Hannifin had a return on equity of 27.34% and a net margin of 15.87%. On average, research analysts predict that Parker-Hannifin Co. will post 26.67 EPS for the current fiscal year.

Parker-Hannifin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 7th will be issued a $1.63 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.94%. Parker-Hannifin’s dividend payout ratio (DPR) is 26.99%.

Insider Activity at Parker-Hannifin

In other news, COO Andrew D. Ross sold 4,864 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $706.04, for a total transaction of $3,434,178.56. Following the completion of the transaction, the chief operating officer now owns 13,120 shares in the company, valued at approximately $9,263,244.80. This represents a 27.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Thomas C. Gentile sold 2,430 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $701.16, for a total transaction of $1,703,818.80. Following the transaction, the vice president now owns 5,465 shares of the company’s stock, valued at $3,831,839.40. This represents a 30.78 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,200 shares of company stock valued at $8,595,207. Corporate insiders own 0.39% of the company’s stock.

Hedge Funds Weigh In On Parker-Hannifin

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Global Retirement Partners LLC grew its position in Parker-Hannifin by 1.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,392 shares of the industrial products company’s stock valued at $886,000 after buying an additional 15 shares in the last quarter. FFT Wealth Management LLC boosted its position in shares of Parker-Hannifin by 1.3% during the 4th quarter. FFT Wealth Management LLC now owns 1,150 shares of the industrial products company’s stock valued at $732,000 after purchasing an additional 15 shares in the last quarter. CVA Family Office LLC boosted its position in shares of Parker-Hannifin by 3.9% during the 3rd quarter. CVA Family Office LLC now owns 425 shares of the industrial products company’s stock valued at $269,000 after purchasing an additional 16 shares in the last quarter. Grove Bank & Trust boosted its position in shares of Parker-Hannifin by 11.9% during the 4th quarter. Grove Bank & Trust now owns 150 shares of the industrial products company’s stock valued at $95,000 after purchasing an additional 16 shares in the last quarter. Finally, Moody Lynn & Lieberson LLC boosted its position in shares of Parker-Hannifin by 0.6% during the 4th quarter. Moody Lynn & Lieberson LLC now owns 2,709 shares of the industrial products company’s stock valued at $1,723,000 after purchasing an additional 16 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.