Rep. Greg Landsman Sells Off Shares of Parker-Hannifin Co. (NYSE:PH)

Representative Greg Landsman (D-Ohio) recently sold shares of Parker-Hannifin Co. (NYSE:PH). In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Parker-Hannifin stock on March 27th. The trade occurred in the Representative’s “ROCKEFELLER CAPITAL MANAGEMENT (1)” account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of CrowdStrike (NASDAQ:CRWD) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Cadence Design Systems (NASDAQ:CDNS) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Simon Property Group (NYSE:SPG) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of L3Harris Technologies (NYSE:LHX) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Visa (NYSE:V) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Cencora (NYSE:COR) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Ameriprise Financial (NYSE:AMP) on 3/27/2025.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 3/27/2025.
• Sold $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 3/27/2025.

Parker-Hannifin Stock Up 13.6 %

Shares of NYSE PH opened at $596.76 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.59 and a current ratio of 1.06. The firm has a market capitalization of $76.81 billion, a price-to-earnings ratio of 24.70, a PEG ratio of 2.85 and a beta of 1.39. The stock has a 50 day moving average price of $636.52 and a 200 day moving average price of $651.76. Parker-Hannifin Co. has a 52-week low of $488.45 and a 52-week high of $718.44.

Parker-Hannifin (NYSE:PH) last announced its quarterly earnings results on Thursday, January 30th. The industrial products company reported $6.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.23 by $0.30. Parker-Hannifin had a return on equity of 27.34% and a net margin of 15.87%. Sell-side analysts expect that Parker-Hannifin Co. will post 26.71 earnings per share for the current year.

Parker-Hannifin Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 7th were given a $1.63 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $6.52 annualized dividend and a yield of 1.09%. Parker-Hannifin’s dividend payout ratio is currently 26.99%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Citigroup assumed coverage on Parker-Hannifin in a research report on Friday, February 7th. They issued a “buy” rating and a $795.00 target price on the stock. Truist Financial cut their target price on Parker-Hannifin from $842.00 to $717.00 and set a “buy” rating on the stock in a research report on Tuesday. Evercore ISI upped their price target on shares of Parker-Hannifin from $777.00 to $824.00 and gave the company an “outperform” rating in a report on Wednesday, February 19th. UBS Group lowered their price target on shares of Parker-Hannifin from $842.00 to $805.00 and set a “buy” rating on the stock in a report on Friday, January 31st. Finally, Stifel Nicolaus upped their price target on shares of Parker-Hannifin from $689.00 to $691.00 and gave the company a “hold” rating in a report on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $723.41.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. EP Wealth Advisors LLC raised its holdings in Parker-Hannifin by 25.7% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,432 shares of the industrial products company’s stock valued at $2,168,000 after acquiring an additional 701 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Parker-Hannifin by 7.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 37,800 shares of the industrial products company’s stock worth $23,883,000 after buying an additional 2,495 shares during the last quarter. Groupama Asset Managment increased its holdings in shares of Parker-Hannifin by 14,546.1% during the 3rd quarter. Groupama Asset Managment now owns 132,840 shares of the industrial products company’s stock worth $83,931,000 after buying an additional 131,933 shares during the last quarter. Geller Advisors LLC acquired a new stake in shares of Parker-Hannifin during the 3rd quarter worth approximately $222,000. Finally, Continuum Advisory LLC increased its holdings in shares of Parker-Hannifin by 2.9% during the 3rd quarter. Continuum Advisory LLC now owns 1,277 shares of the industrial products company’s stock worth $891,000 after buying an additional 36 shares during the last quarter. Institutional investors and hedge funds own 82.44% of the company’s stock.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio’s 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio’s 1st Congressional District. He declared candidacy for the 2026 election.

Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor’s Office of Faith-Based and Community Initiatives.

About Parker-Hannifin

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.