Rep. David Taylor Buys Parker-Hannifin Corporation (NYSE:PH) Stock

Representative David Taylor (Republican-Ohio) recently bought shares of Parker-Hannifin Corporation (NYSE:PH). In a filing disclosed on March 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Parker-Hannifin stock on March 12th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 2/26/2026.

Parker-Hannifin Trading Up 1.9%

Shares of PH stock opened at $923.62 on Wednesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.18 and a quick ratio of 0.66. The company has a market cap of $116.58 billion, a price-to-earnings ratio of 33.68, a PEG ratio of 2.92 and a beta of 1.23. Parker-Hannifin Corporation has a 1 year low of $488.45 and a 1 year high of $1,034.96. The firm has a fifty day moving average price of $957.23 and a 200-day moving average price of $866.61.

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. Parker-Hannifin had a return on equity of 27.56% and a net margin of 17.29%.During the same period in the previous year, the company posted $6.53 EPS. The company’s revenue was up 9.1% compared to the same quarter last year. As a group, equities analysts predict that Parker-Hannifin Corporation will post 26.71 earnings per share for the current year.

Parker-Hannifin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Friday, February 6th were given a dividend of $1.80 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.8%. Parker-Hannifin’s payout ratio is presently 26.26%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PH. Jefferies Financial Group raised their price objective on Parker-Hannifin from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Wall Street Zen raised shares of Parker-Hannifin from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. Citigroup raised their target price on shares of Parker-Hannifin from $1,074.00 to $1,092.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. lifted their price target on shares of Parker-Hannifin from $1,083.00 to $1,100.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Finally, iA Financial set a $1,032.00 price target on shares of Parker-Hannifin in a research report on Thursday, January 29th. Sixteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $995.37.

Institutional Trading of Parker-Hannifin

Several institutional investors and hedge funds have recently added to or reduced their stakes in PH. HFM Investment Advisors LLC raised its position in shares of Parker-Hannifin by 1,000.0% during the fourth quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock valued at $29,000 after buying an additional 30 shares during the last quarter. Texas Capital Bancshares Inc TX bought a new position in shares of Parker-Hannifin during the third quarter worth $25,000. Lloyd Advisory Services LLC. purchased a new position in Parker-Hannifin during the fourth quarter valued at $31,000. Mowery & Schoenfeld Wealth Management LLC grew its stake in Parker-Hannifin by 80.0% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 16 shares in the last quarter. Finally, First Command Advisory Services Inc. increased its holdings in Parker-Hannifin by 1,133.3% in the 4th quarter. First Command Advisory Services Inc. now owns 37 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 34 shares during the last quarter. Institutional investors own 82.44% of the company’s stock.

Insiders Place Their Bets

In other Parker-Hannifin news, CFO Todd M. Leombruno sold 2,062 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $1,002.34, for a total transaction of $2,066,825.08. Following the completion of the transaction, the chief financial officer owned 20,610 shares of the company’s stock, valued at $20,658,227.40. This represents a 9.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Berend Bracht sold 1,457 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $946.48, for a total value of $1,379,021.36. Following the transaction, the vice president owned 2,580 shares of the company’s stock, valued at approximately $2,441,918.40. The trade was a 36.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 10,063 shares of company stock worth $9,891,214. 0.32% of the stock is owned by corporate insiders.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.