Arkadios Wealth Advisors Grows Position in Parker-Hannifin Corporation $PH

Arkadios Wealth Advisors lifted its holdings in shares of Parker-Hannifin Corporation (NYSE:PH) by 176.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,200 shares of the industrial products company’s stock after purchasing an additional 2,041 shares during the quarter. Arkadios Wealth Advisors’ holdings in Parker-Hannifin were worth $2,426,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Procyon Advisors LLC grew its stake in 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 buying an additional 5,066,179 shares in the last quarter. Norges Bank bought a new stake in shares of Parker-Hannifin during the 2nd quarter worth $1,352,509,000. Canada Pension Plan Investment Board grew its position in Parker-Hannifin by 115.7% in the second quarter. Canada Pension Plan Investment Board now owns 367,904 shares of the industrial products company’s stock worth $256,970,000 after acquiring an additional 197,317 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in Parker-Hannifin by 9.1% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,639,582 shares of the industrial products company’s stock valued at $1,145,199,000 after acquiring an additional 136,359 shares during the last quarter. Finally, Lazard Freres Gestion S.A.S. purchased a new stake in Parker-Hannifin during the third quarter valued at about $103,284,000. 82.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Morgan Stanley reiterated a “positive” rating on shares of Parker-Hannifin in a report on Wednesday, January 14th. JPMorgan Chase & Co. boosted their target price on Parker-Hannifin from $1,050.00 to $1,083.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Mizuho increased their price target on shares of Parker-Hannifin from $800.00 to $825.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Argus reissued a “buy” rating and set a $900.00 price target on shares of Parker-Hannifin in a research note on Monday, November 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a report on Wednesday, October 8th. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Parker-Hannifin has an average rating of “Moderate Buy” and an average target price of $946.17.

Insider Activity at Parker-Hannifin

In related news, VP Rachid Bendali sold 1,437 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $852.99, for a total transaction of $1,225,746.63. Following the completion of the transaction, the vice president owned 2,714 shares of the company’s stock, valued at $2,315,014.86. This trade represents a 34.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Berend Bracht sold 3,507 shares of Parker-Hannifin stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total value of $3,032,082.06. Following the transaction, the vice president owned 2,580 shares of the company’s stock, valued at $2,230,616.40. The trade was a 57.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 7,432 shares of company stock valued at $6,484,116 in the last three months. Company insiders own 0.32% of the company’s stock.

Parker-Hannifin Stock Performance

Shares of PH stock opened at $944.81 on Thursday. The firm has a market capitalization of $119.22 billion, a price-to-earnings ratio of 33.66, a PEG ratio of 3.23 and a beta of 1.25. The stock has a fifty day moving average of $882.69 and a 200 day moving average of $796.07. Parker-Hannifin Corporation has a 52 week low of $488.45 and a 52 week high of $952.76. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.54.

Parker-Hannifin (NYSE:PH) last posted its earnings results on Thursday, November 6th. The industrial products company reported $7.22 EPS for the quarter, topping the consensus estimate of $6.62 by $0.60. Parker-Hannifin had a net margin of 18.17% and a return on equity of 27.23%. The firm had revenue of $5.08 billion during the quarter, compared to analysts’ expectations of $4.94 billion. During the same period last year, the company posted $6.20 EPS. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. Parker-Hannifin has set its FY 2026 guidance at 29.600-30.400 EPS and its FY 2026 guidance at 29.600-30.400 EPS. As a group, research analysts expect that Parker-Hannifin Corporation will post 26.71 earnings per share for the current year.

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.