AE Wealth Management LLC Purchases 707 Shares of Parker-Hannifin Corporation $PH

AE Wealth Management LLC lifted its holdings in Parker-Hannifin Corporation (NYSE:PH) by 6.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,430 shares of the industrial products company’s stock after buying an additional 707 shares during the quarter. AE Wealth Management LLC’s holdings in Parker-Hannifin were worth $9,424,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Procyon Advisors LLC increased its stake in Parker-Hannifin by 158,565.9% in the third quarter. Procyon Advisors LLC now owns 5,069,374 shares of the industrial products company’s stock worth $3,843,346,000 after purchasing an additional 5,066,179 shares during the period. Norges Bank purchased a new position in Parker-Hannifin in the 2nd quarter worth about $1,352,509,000. Canada Pension Plan Investment Board increased its stake in Parker-Hannifin by 115.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 367,904 shares of the industrial products company’s stock worth $256,970,000 after buying an additional 197,317 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in Parker-Hannifin by 9.1% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,639,582 shares of the industrial products company’s stock valued at $1,145,199,000 after buying an additional 136,359 shares in the last quarter. Finally, Lazard Freres Gestion S.A.S. purchased a new stake in Parker-Hannifin in the 3rd quarter valued at about $103,284,000. 82.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on PH shares. Morgan Stanley reaffirmed a “positive” rating on shares of Parker-Hannifin in a research report on Wednesday, January 14th. Wall Street Zen downgraded Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Tuesday. Wells Fargo & Company upped their target price on Parker-Hannifin from $1,000.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Friday. Truist Financial set a $1,139.00 price target on Parker-Hannifin in a research report on Friday. Finally, Industrial Alliance Securities set a $1,032.00 price objective on Parker-Hannifin in a report on Thursday. Seventeen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Parker-Hannifin has an average rating of “Moderate Buy” and an average target price of $990.47.

Parker-Hannifin Trading Down 1.3%

Shares of NYSE PH opened at $935.71 on Friday. Parker-Hannifin Corporation has a 1-year low of $488.45 and a 1-year high of $965.00. The business has a fifty day moving average price of $897.38 and a 200 day moving average price of $806.27. The stock has a market capitalization of $118.08 billion, a P/E ratio of 34.13, a price-to-earnings-growth ratio of 3.30 and a beta of 1.25. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.18 and a quick ratio of 0.61.

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

Parker-Hannifin Announces Dividend

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

Key Stories 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

Insiders Place Their Bets

In other news, VP Rachid Bendali sold 1,437 shares of the company’s stock in a transaction on 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 transaction, the vice president directly owned 2,714 shares of the company’s stock, valued at approximately $2,315,014.86. This represents a 34.62% decrease in their ownership of the stock. 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 firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $894.81, for a total value of $2,226,287.28. Following the completion of the sale, the chief operating officer directly owned 13,120 shares of the company’s stock, valued at $11,739,907.20. The trade was a 15.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, 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 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.