Dynamic Advisor Solutions LLC Acquires 108 Shares of Parker-Hannifin Corporation $PH

Dynamic Advisor Solutions LLC boosted its holdings in Parker-Hannifin Corporation (NYSE:PH) by 5.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,152 shares of the industrial products company’s stock after buying an additional 108 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Parker-Hannifin were worth $1,503,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in PH. Wealth Preservation Advisors LLC bought a new stake in shares of Parker-Hannifin during the first quarter valued at approximately $27,000. Saudi Central Bank bought a new stake in shares of Parker-Hannifin during the first quarter valued at approximately $31,000. Olde Wealth Management LLC bought a new stake in shares of Parker-Hannifin during the first quarter valued at approximately $35,000. Chilton Capital Management LLC increased its position in shares of Parker-Hannifin by 1,500.0% during the first quarter. Chilton Capital Management LLC now owns 64 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 60 shares during the period. Finally, Accent Capital Management LLC bought a new stake in shares of Parker-Hannifin during the first quarter valued at approximately $41,000. 82.44% of the stock is owned by institutional investors.

Parker-Hannifin Price Performance

Parker-Hannifin stock opened at $755.68 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.71 and a current ratio of 1.19. The firm has a market cap of $96.56 billion, a P/E ratio of 27.86, a P/E/G ratio of 3.06 and a beta of 1.35. The business’s fifty day moving average is $739.68 and its two-hundred day moving average is $670.93. Parker-Hannifin Corporation has a 52 week low of $488.45 and a 52 week high of $779.77.

Parker-Hannifin (NYSE:PH) last posted its quarterly earnings data on Thursday, August 7th. The industrial products company reported $7.69 EPS for the quarter, topping analysts’ consensus estimates of $7.08 by $0.61. The company had revenue of $5.24 billion for the quarter, compared to analyst estimates of $5.10 billion. Parker-Hannifin had a return on equity of 26.80% and a net margin of 17.79%.The business’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.77 earnings per share. Parker-Hannifin has set its FY 2026 guidance at 28.400-29.400 EPS. Equities research analysts forecast that Parker-Hannifin Corporation will post 26.71 earnings per share for the current fiscal year.

Parker-Hannifin Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were paid a $1.80 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $7.20 dividend on an annualized basis and a yield of 1.0%. Parker-Hannifin’s payout ratio is currently 26.55%.

Insider Buying and Selling

In other news, COO Andrew D. Ross sold 4,361 shares of the company’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $732.66, for a total transaction of $3,195,130.26. Following the transaction, the chief operating officer owned 13,120 shares of the company’s stock, valued at $9,612,499.20. This represents a 24.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Angela R. Ives sold 810 shares of the company’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $727.36, for a total value of $589,161.60. Following the transaction, the vice president directly owned 2,798 shares in the company, valued at $2,035,153.28. This trade represents a 22.45% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,039 shares of company stock valued at $10,356,566. Insiders own 0.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on PH. KeyCorp boosted their price objective on Parker-Hannifin from $790.00 to $810.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Wall Street Zen cut Parker-Hannifin from a “buy” rating to a “hold” rating in a research report on Sunday, September 7th. Morgan Stanley boosted their price target on Parker-Hannifin from $700.00 to $725.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 9th. Cowen reaffirmed a “hold” rating on shares of Parker-Hannifin in a research note on Friday, August 29th. Finally, Barclays boosted their price target on Parker-Hannifin from $750.00 to $776.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $770.94.

Parker-Hannifin Company Profile

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.