Oppenheimer Asset Management Inc. Has $16.83 Million Position in Parker-Hannifin Corporation $PH

Oppenheimer Asset Management Inc. trimmed its holdings in Parker-Hannifin Corporation (NYSE:PH) by 4.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,142 shares of the industrial products company’s stock after selling 990 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Parker-Hannifin were worth $16,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in PH. ING Groep NV purchased a new position in shares of Parker-Hannifin in the 3rd quarter worth approximately $26,398,000. Procyon Advisors LLC boosted its holdings in shares of Parker-Hannifin by 158,565.9% in the 3rd quarter. Procyon Advisors LLC now owns 5,069,374 shares of the industrial products company’s stock worth $3,843,346,000 after purchasing an additional 5,066,179 shares during the period. Citigroup Inc. boosted its holdings in shares of Parker-Hannifin by 54.7% in the 3rd quarter. Citigroup Inc. now owns 158,668 shares of the industrial products company’s stock worth $120,294,000 after purchasing an additional 56,103 shares during the period. Wilkinson Global Asset Management LLC boosted its holdings in shares of Parker-Hannifin by 28.2% in the 3rd quarter. Wilkinson Global Asset Management LLC now owns 48,434 shares of the industrial products company’s stock worth $36,720,000 after purchasing an additional 10,653 shares during the period. Finally, Advisors Capital Management LLC boosted its holdings in Parker-Hannifin by 140.0% during the 3rd quarter. Advisors Capital Management LLC now owns 2,232 shares of the industrial products company’s stock valued at $1,693,000 after acquiring an additional 1,302 shares during the period. Institutional investors own 82.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. BMO Capital Markets assumed coverage on Parker-Hannifin in a report on Friday, March 27th. They set an “outperform” rating and a $1,090.00 price objective for the company. KeyCorp restated an “overweight” rating and set a $1,100.00 price objective on shares of Parker-Hannifin in a report on Friday, January 30th. Jefferies Financial Group boosted their price objective on Parker-Hannifin from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, January 30th. Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a report on Tuesday, April 21st. Finally, Truist Financial set a $1,139.00 price objective on Parker-Hannifin in a report on Friday, January 30th. Seventeen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,000.60.

Parker-Hannifin Price Performance

Shares of PH stock opened at $910.39 on Friday. Parker-Hannifin Corporation has a twelve month low of $595.71 and a twelve month high of $1,034.96. The stock has a market capitalization of $114.91 billion, a price-to-earnings ratio of 33.20, a P/E/G ratio of 3.05 and a beta of 1.25. The stock has a fifty day simple moving average of $948.12 and a two-hundred day simple moving average of $900.79. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 0.52.

Parker-Hannifin (NYSE:PH) last issued its earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, topping the consensus estimate of $7.84 by $0.33. Parker-Hannifin had a return on equity of 27.56% and a net margin of 17.29%.The business had revenue of $5.49 billion during the quarter, compared to analysts’ expectations of $5.40 billion. During the same period in the prior year, the business earned $6.94 EPS. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. On average, analysts predict that Parker-Hannifin Corporation will post 31.04 EPS for the current fiscal year.

Parker-Hannifin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 8th will be issued a $2.00 dividend. The ex-dividend date is Friday, May 8th. This represents a $8.00 annualized dividend and a dividend yield of 0.9%. This is a positive change from Parker-Hannifin’s previous quarterly dividend of $1.80. Parker-Hannifin’s dividend payout ratio (DPR) is currently 26.26%.

Insiders Place Their Bets

In other Parker-Hannifin news, VP Berend Bracht sold 1,457 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $946.48, for a total value of $1,379,021.36. Following the completion of the sale, the vice president directly owned 2,580 shares in the company, valued at approximately $2,441,918.40. This represents a 36.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Todd M. Leombruno sold 2,062 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $1,002.34, for a total value of $2,066,825.08. Following the completion of the sale, the chief financial officer owned 20,610 shares of the company’s stock, valued at $20,658,227.40. This represents a 9.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 10,063 shares of company stock worth $9,891,214. 0.32% of the stock is owned by company insiders.

Trending Headlines about Parker-Hannifin

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

• Positive Sentiment: Quarterly beat — Adjusted EPS of $8.17 and record quarterly sales of $5.49B topped estimates; adjusted EPS rose ~18% YoY and revenue was up 10.6%. Parker Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Raised FY2026 outlook — Company set adjusted EPS guidance at $31.20 and raised its sales outlook; management highlighted record margins and year‑to‑date operating cash flow. Parker-Hannifin Tops Q3 Earnings & Sales Estimates, Updates 26′ View
• Positive Sentiment: Record backlog and capital returns — Backlog hit ~$12.5B (supports forward revenue), company raised dividend and repurchased $275M of stock in the quarter. Parker Hannifin Backlog Hits Record $12.5 Billion, Lifts Outlook
• Neutral Sentiment: Earnings call context — Transcripts and analyst summaries show management is confident in aerospace and industrial end markets; read call highlights for details on order trends and margin drivers. Parker-Hannifin (PH) Q3 2026 Earnings Transcript PH Q3 2026 Earnings Call Transcript
• Negative Sentiment: Sell‑the‑news reaction — Despite beats, shares pulled back as the raised outlook was close to consensus and GAAP EPS fell YoY (prior quarter had a one‑time tax benefit), creating disappointment. Parker-Hannifin shares slide as investors digest Q3 results and a raised—but not blowout—full-year outlook
• Negative Sentiment: Insider selling and positioning — Multiple recent insider sales and some institutional trimming were highlighted in flow/ownership reports, which can add selling pressure. Insider and institutional activity summary
• Negative Sentiment: Guidance nuance — Revenue guidance (~$21.2B) came in roughly flat to consensus (some reports note it’s slightly below analyst revenue models), which tempered upside expectations. Parker Reports Fiscal 2026 Third Quarter Results

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.