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

Representative David Taylor (R-Ohio) recently sold shares of Parker-Hannifin Corporation (NYSE:PH). In a filing disclosed on February 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Parker-Hannifin stock on January 16th. 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 Microsoft (NASDAQ:MSFT) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 1/29/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 1/29/2026.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 1/29/2026.

Parker-Hannifin Stock Up 1.3%

Shares of Parker-Hannifin stock opened at $963.94 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. Parker-Hannifin Corporation has a 1-year low of $488.45 and a 1-year high of $972.80. The business’s fifty day moving average price is $901.84 and its two-hundred day moving average price is $810.94. The company has a market capitalization of $121.67 billion, a P/E ratio of 35.15, a PEG ratio of 3.25 and a beta of 1.25.

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

Parker-Hannifin Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 6th will be given a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, February 6th. Parker-Hannifin’s dividend payout ratio (DPR) is currently 26.26%.

Hedge Funds Weigh In On Parker-Hannifin

A number of large investors have recently made changes to their positions in PH. NewEdge Wealth LLC increased its stake in Parker-Hannifin by 20.9% in the 4th quarter. NewEdge Wealth LLC now owns 13,710 shares of the industrial products company’s stock valued at $12,051,000 after buying an additional 2,372 shares during the period. RB Capital Management LLC acquired a new position in shares of Parker-Hannifin in the fourth quarter worth $363,000. Crossmark Global Holdings Inc. raised its holdings in shares of Parker-Hannifin by 13.5% during the fourth quarter. Crossmark Global Holdings Inc. now owns 11,334 shares of the industrial products company’s stock worth $9,962,000 after acquiring an additional 1,351 shares in the last quarter. Ethic Inc. boosted its position in Parker-Hannifin by 11.4% during the fourth quarter. Ethic Inc. now owns 14,055 shares of the industrial products company’s stock valued at $12,354,000 after purchasing an additional 1,439 shares during the last quarter. Finally, Ballentine Partners LLC grew its stake in Parker-Hannifin by 1.8% in the fourth quarter. Ballentine Partners LLC now owns 1,658 shares of the industrial products company’s stock valued at $1,457,000 after purchasing an additional 29 shares in the last quarter. Institutional investors and hedge funds own 82.44% of the company’s stock.

Insiders Place Their Bets

In related news, COO Andrew D. Ross sold 2,488 shares of the business’s stock in a transaction that occurred 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 owned 13,120 shares of the company’s stock, valued at approximately $11,739,907.20. The trade was a 15.94% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Berend Bracht sold 3,507 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $864.58, for a total transaction of $3,032,082.06. Following the completion of the sale, the vice president directly owned 2,580 shares of the company’s stock, valued at $2,230,616.40. This represents a 57.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,432 shares of company stock valued at $6,484,116 in the last three months. Insiders own 0.32% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Truist Financial set a $1,139.00 price objective on Parker-Hannifin in a report on Friday. Robert W. Baird set a $1,050.00 price objective on shares of Parker-Hannifin in a research note on Friday. Morgan Stanley reiterated a “positive” rating on shares of Parker-Hannifin in a report on Wednesday, January 14th. BNP Paribas Exane initiated coverage on shares of Parker-Hannifin in a report on Thursday, December 4th. They set an “outperform” rating and a $1,020.00 target price for the company. Finally, Citigroup upped their price target on Parker-Hannifin from $1,074.00 to $1,092.00 and gave the company a “buy” rating in a report on Friday, January 30th. Seventeen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $990.47.

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.