Representative Byron Donalds (Republican-Florida) recently sold shares of Parker-Hannifin Corporation (NYSE:PH). In a filing disclosed on September 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Parker-Hannifin stock on August 11th. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.
Representative Byron Donalds also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 8/12/2026.
- Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 8/11/2026.
Parker-Hannifin Stock Up 0.7%
Shares of NYSE PH opened at $925.53 on Friday. Parker-Hannifin Corporation has a 52-week low of $715.37 and a 52-week high of $1,099.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.26. The business has a fifty day moving average of $987.26 and a two-hundred day moving average of $944.53. The stock has a market cap of $116.66 billion, a PE ratio of 32.49, a PEG ratio of 2.86 and a beta of 1.13.
Parker-Hannifin Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Monday, August 31st were paid a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, August 31st. Parker-Hannifin’s dividend payout ratio is currently 28.08%.
Analyst Ratings Changes
PH has been the topic of a number of research analyst reports. Susquehanna increased their price target on Parker-Hannifin from $1,100.00 to $1,250.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Stifel Nicolaus set a $1,075.00 price objective on Parker-Hannifin in a research note on Friday, August 7th. KeyCorp increased their target price on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a research note on Friday, July 17th. Finally, Wall Street Zen cut Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Seventeen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,114.55.
Get Our Latest Stock Report on Parker-Hannifin
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Archer Investment Corp bought a new stake in shares of Parker-Hannifin during the second quarter worth $28,000. Lloyd Advisory Services LLC. bought a new stake in Parker-Hannifin during the 4th quarter worth about $31,000. NFSG Corp raised its holdings in Parker-Hannifin by 94.4% during the 1st quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 17 shares during the last quarter. Bell Investment Advisors Inc acquired a new position in Parker-Hannifin during the 2nd quarter valued at about $35,000. Finally, First Command Advisory Services Inc. lifted its position in Parker-Hannifin by 1,133.3% during the 4th quarter. First Command Advisory Services Inc. now owns 37 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 34 shares during the period. Institutional investors and hedge funds own 82.44% of the company’s stock.
Insider Activity at Parker-Hannifin
In other news, VP Berend Bracht sold 602 shares of Parker-Hannifin stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the completion of the sale, the vice president owned 4,399 shares in the company, valued at $4,577,027.53. The trade was a 12.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.32% of the stock is currently owned by corporate insiders.
About Representative Donalds
Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.
Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.
Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.
Parker-Hannifin Company Profile
Parker-Hannifin Corporation (NYSE:PH) is a diversified manufacturer of motion and control technologies. The company develops and produces systems and components that manage the movement and flow of liquids, gases and other materials for industrial, mobile and aerospace applications.
Its products include hydraulic and pneumatic systems, fluid connectors, filtration and process-control equipment, electromechanical technologies, seals, thermal-management solutions and aerospace systems. Parker-Hannifin serves manufacturers and operators in markets such as factory automation, transportation, energy, construction, life sciences and aviation.
Founded in 1917, Parker-Hannifin is headquartered in Cleveland, Ohio, and serves customers through manufacturing, distribution and sales operations across North America, Europe, Asia and other international markets.
Recommended Stories
- Five stocks we like better than Parker-Hannifin
- Aeluma’s Selloff Could Be Setting Up Its Next Big Move
- Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
Receive News & Ratings for Parker-Hannifin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parker-Hannifin and related companies with MarketBeat.com's FREE daily email newsletter.
