GenTrust LLC Has $333,000 Stock Position in Parker-Hannifin Corporation $PH

GenTrust LLC trimmed its holdings in shares of Parker-Hannifin Corporation (NYSE:PH) by 11.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 477 shares of the industrial products company’s stock after selling 61 shares during the period. GenTrust LLC’s holdings in Parker-Hannifin were worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of PH. Nuveen LLC acquired a new position in Parker-Hannifin during the first quarter valued at $933,089,000. Price T Rowe Associates Inc. MD raised its position in Parker-Hannifin by 52.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,443,104 shares of the industrial products company’s stock valued at $1,485,042,000 after buying an additional 842,262 shares during the period. Wellington Management Group LLP raised its position in Parker-Hannifin by 11.6% during the first quarter. Wellington Management Group LLP now owns 2,009,250 shares of the industrial products company’s stock valued at $1,221,323,000 after buying an additional 208,573 shares during the period. Goldman Sachs Group Inc. raised its position in Parker-Hannifin by 23.8% during the first quarter. Goldman Sachs Group Inc. now owns 996,738 shares of the industrial products company’s stock valued at $605,867,000 after buying an additional 191,799 shares during the period. Finally, Vanguard Group Inc. raised its position in Parker-Hannifin by 1.6% during the first quarter. Vanguard Group Inc. now owns 11,023,764 shares of the industrial products company’s stock valued at $6,700,795,000 after buying an additional 168,990 shares during the period. 82.44% of the stock is owned by institutional investors and hedge funds.

Parker-Hannifin Price Performance

Shares of NYSE:PH opened at $766.20 on Friday. The business has a 50 day moving average price of $750.77 and a 200 day moving average price of $694.45. Parker-Hannifin Corporation has a twelve month low of $488.45 and a twelve month high of $779.77. The company has a market cap of $96.96 billion, a price-to-earnings ratio of 28.25, a PEG ratio of 3.07 and a beta of 1.35. The company has a quick ratio of 0.71, a current ratio of 1.19 and a debt-to-equity ratio of 0.55.

Parker-Hannifin (NYSE:PH) last announced 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. Parker-Hannifin had a return on equity of 26.80% and a net margin of 17.79%.The company had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter last year, the company earned $6.77 EPS. The company’s quarterly revenue was up 1.1% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 28.400-29.400 EPS. Research analysts predict that Parker-Hannifin Corporation will post 26.71 earnings per share for the current year.

Parker-Hannifin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 7th will be given a $1.80 dividend. The ex-dividend date is Friday, November 7th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.9%. Parker-Hannifin’s dividend payout ratio (DPR) is currently 26.55%.

Insider Buying and Selling

In related news, VP Angela R. Ives sold 810 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $727.36, for a total transaction of $589,161.60. Following the completion of the transaction, the vice president owned 2,798 shares in the company, valued at $2,035,153.28. This trade represents a 22.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert W. Malone sold 2,257 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $730.66, for a total value of $1,649,099.62. Following the transaction, the vice president owned 5,866 shares of the company’s stock, valued at $4,286,051.56. This trade represents a 27.79% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,039 shares of company stock worth $10,356,566. 0.32% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on PH shares. Evercore ISI restated an “outperform” rating on shares of Parker-Hannifin in a research note on Tuesday, August 19th. Deutsche Bank Aktiengesellschaft downgraded Parker-Hannifin from a “buy” rating to a “hold” rating and set a $809.00 target price on the stock. in a research note on Thursday, September 4th. Susquehanna started coverage on Parker-Hannifin in a research note on Friday, August 15th. They issued a “positive” rating and a $860.00 target price on the stock. Raymond James Financial boosted their target price on Parker-Hannifin from $735.00 to $845.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. Finally, Wells Fargo & Company upped their price target on Parker-Hannifin from $800.00 to $840.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Parker-Hannifin has an average rating of “Moderate Buy” and a consensus price target of $789.67.

Parker-Hannifin 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.