Rep. David Taylor Purchases Shares of Parker-Hannifin Corporation (NYSE:PH)

Representative David Taylor (Republican-Ohio) recently bought shares of Parker-Hannifin Corporation (NYSE:PH). In a filing disclosed on May 28th, the Representative disclosed that they had bought between $1,001 and $15,000 in Parker-Hannifin stock on May 15th. 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):

• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 5/15/2026.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 5/15/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 5/15/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 4/27/2026.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 4/27/2026.
• Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 4/27/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 4/27/2026.

Parker-Hannifin Stock Down 1.0%

NYSE:PH opened at $844.13 on Friday. Parker-Hannifin Corporation has a fifty-two week low of $646.51 and a fifty-two week high of $1,034.96. The stock has a market capitalization of $106.43 billion, a P/E ratio of 31.14, a P/E/G ratio of 2.48 and a beta of 1.18. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. The company’s 50-day simple moving average is $912.81 and its 200-day simple moving average is $915.57.

Parker-Hannifin (NYSE:PH) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, beating analysts’ consensus estimates of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The business had revenue of $5.49 billion for the quarter, compared to analysts’ expectations of $5.40 billion. During the same period last year, the business earned $6.94 EPS. The company’s revenue 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, equities analysts anticipate that Parker-Hannifin Corporation will post 31.26 earnings per share for the current fiscal year.

Parker-Hannifin Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.9%. This is an increase from Parker-Hannifin’s previous quarterly dividend of $1.80. Parker-Hannifin’s dividend payout ratio (DPR) is 29.51%.

Institutional Investors Weigh In On Parker-Hannifin

A number of large investors have recently modified their holdings of PH. Norges Bank purchased a new stake in shares of Parker-Hannifin during the fourth quarter worth $1,756,230,000. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Parker-Hannifin during the fourth quarter worth $185,532,000. Focus Partners Wealth grew its holdings in shares of Parker-Hannifin by 1,535.3% during the fourth quarter. Focus Partners Wealth now owns 221,010 shares of the industrial products company’s stock worth $194,106,000 after buying an additional 207,495 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Parker-Hannifin by 119.3% during the first quarter. Assenagon Asset Management S.A. now owns 340,727 shares of the industrial products company’s stock worth $305,032,000 after buying an additional 185,367 shares in the last quarter. Finally, Capital World Investors grew its holdings in shares of Parker-Hannifin by 7.0% during the third quarter. Capital World Investors now owns 2,584,141 shares of the industrial products company’s stock worth $1,959,166,000 after buying an additional 169,073 shares in the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on PH shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a research note on Tuesday, April 21st. KeyCorp reiterated an “overweight” rating and issued a $1,100.00 target price on shares of Parker-Hannifin in a research note on Friday, January 30th. Citigroup lifted their target price on shares of Parker-Hannifin from $1,137.00 to $1,141.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Wall Street Zen upgraded shares of Parker-Hannifin from a “hold” rating to a “buy” rating in a research note on Wednesday, February 4th. Finally, Robert W. Baird set a $1,050.00 target price on shares of Parker-Hannifin in a research note 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,020.80.

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.