Parker-Hannifin Corporation $PH Stock Position Cut by Kestra Advisory Services LLC

Kestra Advisory Services LLC trimmed its stake in Parker-Hannifin Corporation (NYSE:PH) by 1.3% in the third quarter, HoldingsChannel.com reports. The firm owned 606,838 shares of the industrial products company’s stock after selling 7,966 shares during the period. Parker-Hannifin accounts for about 1.6% of Kestra Advisory Services LLC’s investment portfolio, making the stock its 6th largest holding. Kestra Advisory Services LLC’s holdings in Parker-Hannifin were worth $579,785,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PH. BlackRock Inc. bought a new position in shares of Parker-Hannifin during the second quarter worth about $10,163,362,000. State Street Corp lifted its stake in shares of Parker-Hannifin by 0.5% in the second quarter. State Street Corp now owns 9,385,389 shares of the industrial products company’s stock worth $9,180,037,000 after acquiring an additional 42,548 shares during the period. Bank of America Corp DE bought a new stake in Parker-Hannifin in the second quarter valued at approximately $3,273,507,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Parker-Hannifin by 2.5% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,032,942 shares of the industrial products company’s stock valued at $1,010,341,000 after acquiring an additional 25,167 shares during the last quarter. Finally, Deutsche Bank AG bought a new stake in Parker-Hannifin in the second quarter valued at approximately $987,587,000. 82.44% of the stock is owned by institutional investors.

Key Stories Impacting Parker-Hannifin

Here are the key news stories impacting Parker-Hannifin this week:

• Positive Sentiment: Fiscal Q1 sales rose 18% year over year to a record $6.0 billion, while adjusted EPS increased 23% to a record $8.90, beating consensus estimates. Organic sales grew 11.5%, and adjusted segment operating margin expanded to 28.6%. Parker delivers record fiscal 2027 first-quarter results
• Positive Sentiment: Management raised its FY2027 outlook: adjusted EPS guidance is now $36.45–$37.25, above the cited $35.61 consensus, and revenue guidance of $24.9–$25.6 billion is also above consensus. The company cited demand across market verticals and record backlog levels. PH Q1 earnings beat estimates on industrial and aerospace strength
• Neutral Sentiment: Despite the upbeat results and outlook, reports described a sharp swing in the shares after earnings. The stock’s retreat may reflect profit-taking or investors digesting the news; available reports do not establish a single cause. Parker-Hannifin drops on Q1 2027 earnings filing day
• Negative Sentiment: One report also flagged rising debt alongside the improved outlook, a potential concern for investors, although the provided coverage did not specify the size or implications of the increase. Parker-Hannifin earnings rise as orders lift outlook and debt climbs

Insider Buying and Selling at Parker-Hannifin

In related news, VP Berend Bracht sold 602 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total value of $626,362.94. Following the transaction, the vice president owned 4,399 shares in the company, valued at approximately $4,577,027.53. This represents a 12.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.35% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Parker-Hannifin from $1,071.00 to $1,165.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Wells Fargo & Company assumed coverage on shares of Parker-Hannifin in a research note on Thursday, September 24th. They issued an “equal weight” rating and a $1,050.00 price objective on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a research report on Thursday, October 15th. JPMorgan Chase & Co. lowered their target price on shares of Parker-Hannifin from $1,140.00 to $1,131.00 and set an “overweight” rating for the company in a research note on Friday, October 9th. Finally, KeyCorp boosted their target price on shares of Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Eighteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,146.35.

Parker-Hannifin Trading Down 1.9%

NYSE PH opened at $893.24 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44. Parker-Hannifin Corporation has a 52 week low of $806.22 and a 52 week high of $1,099.94. The business has a 50 day moving average price of $948.25 and a 200-day moving average price of $949.31. The company has a market cap of $112.65 billion, a price-to-earnings ratio of 28.17, a P/E/G ratio of 2.53 and a beta of 1.15.

Parker-Hannifin (NYSE:PH) last posted its earnings results on Thursday, November 5th. The industrial products company reported $8.90 EPS for the quarter, topping the consensus estimate of $8.21 by $0.69. The company had revenue of $5.99 billion during the quarter, compared to the consensus estimate of $5.81 billion. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the previous year, the firm posted $7.22 earnings per share. Parker-Hannifin has set its FY 2027 guidance at 36.450-37.250 EPS. As a group, equities analysts expect that Parker-Hannifin Corporation will post 35.72 earnings per share for the current fiscal year.

Parker-Hannifin Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, November 13th. Parker-Hannifin’s payout ratio is 28.08%.

Parker-Hannifin Company Profile

Parker-Hannifin Corporation is a diversified manufacturer of motion and control technologies and systems. The company serves aerospace, industrial, and other specialized markets with products designed to control the movement and flow of liquids and gases, as well as mechanical motion and power.

Its product portfolio includes hydraulic and pneumatic systems, filtration and process-control equipment, electromechanical technologies, sealing and shielding products, connectors, pumps, valves, and related components.