Independent Advisor Alliance Trims Stock Holdings in Parker-Hannifin Corporation $PH

Independent Advisor Alliance cut its stake in Parker-Hannifin Corporation (NYSE:PH) by 26.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,796 shares of the industrial products company’s stock after selling 4,498 shares during the quarter. Independent Advisor Alliance’s holdings in Parker-Hannifin were worth $9,701,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Fidelis Capital Partners LLC raised its position in Parker-Hannifin by 1.3% during the second quarter. Fidelis Capital Partners LLC now owns 1,071 shares of the industrial products company’s stock valued at $747,000 after purchasing an additional 14 shares in the last quarter. High Net Worth Advisory Group LLC grew its position in Parker-Hannifin by 0.3% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 4,694 shares of the industrial products company’s stock worth $3,559,000 after acquiring an additional 14 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Parker-Hannifin by 3.6% in the second quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company’s stock worth $300,000 after purchasing an additional 15 shares during the last quarter. Empowered Funds LLC grew its holdings in Parker-Hannifin by 0.5% in the 1st quarter. Empowered Funds LLC now owns 2,894 shares of the industrial products company’s stock worth $1,759,000 after acquiring an additional 15 shares during the last quarter. Finally, Bingham Private Wealth LLC grew its stake in shares of Parker-Hannifin by 3.3% in the second quarter. Bingham Private Wealth LLC now owns 472 shares of the industrial products company’s stock worth $330,000 after purchasing an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Key Headlines Impacting Parker-Hannifin

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

• Positive Sentiment: Q2 results beat expectations — adjusted EPS $7.65 vs. consensus ~ $7.11 and revenue $5.17B vs. ~$5.07B; organic sales +6.6% and margin expansion drove better operating performance. Q2 Results
• Positive Sentiment: Company raised full‑year EPS guidance to $30.40–31.00 (vs. consensus ~30.36) and gave revenue guidance roughly $20.9B–$21.3B; management cited margin expansion and strategic moves (including the Filtration Group) as drivers of the higher outlook. Guidance & Deep Dive
• Positive Sentiment: Multiple brokers raised price targets and maintained buy/overweight views after the quarter (Jefferies, JPMorgan, Citi, Wells Fargo among others), signaling continued analyst confidence and upside potential. Analyst Raises
• Positive Sentiment: Company raised its annual profit forecast citing stronger aerospace parts demand, reinforcing the thesis that end‑market recovery is supporting sustainable earnings. Reuters: Forecast Raise
• Neutral Sentiment: Options flow shows notable institutional/large‑ticket activity — useful for short‑term positioning signals but not a directional confirmation by itself. Options Activity
• Neutral Sentiment: Technical note — PH crossed above its 20‑day moving average, a short‑term bullish sign that could attract momentum traders. Technical Note
• Neutral Sentiment: Analyst/third‑party research (Argus, Stifel coverage changes) produced mixed tone — some target increases but a few hold ratings remain, showing divergent views on valuation vs. growth. Analyst Report
• Negative Sentiment: Valuation concerns: some commentary argues PH is trading at a premium multiple after the recent rally, prompting profit‑taking by investors who see limited near‑term upside versus risk. Valuation Critique
• Negative Sentiment: Some GAAP metrics look mixed: reported net income was down year‑over‑year because the prior period included a one‑time divestiture gain — this nuance can temper enthusiasm despite strong adjusted results. GAAP vs Adjusted Note

Parker-Hannifin Price Performance

Shares of NYSE:PH opened at $935.71 on Friday. The firm has a market cap of $118.08 billion, a price-to-earnings ratio of 34.13, a P/E/G ratio of 3.30 and a beta of 1.25. The firm has a fifty day moving average price of $897.38 and a 200 day moving average price of $806.95. Parker-Hannifin Corporation has a fifty-two week low of $488.45 and a fifty-two week high of $965.00. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.61 and a current ratio of 1.18.

Parker-Hannifin (NYSE:PH) last released its quarterly earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.11 by $0.54. Parker-Hannifin had a net margin of 17.29% and a return on equity of 27.56%. The company had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $5.07 billion. During the same quarter in the prior year, the firm earned $6.53 earnings per share. Parker-Hannifin’s revenue was up 9.1% on a year-over-year basis. As a group, sell-side analysts expect that Parker-Hannifin Corporation will post 26.71 earnings per share for the current fiscal year.

Parker-Hannifin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 6th will be given a dividend of $1.80 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.8%. Parker-Hannifin’s dividend payout ratio is presently 25.65%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Industrial Alliance Securities set a $1,032.00 target price on shares of Parker-Hannifin in a research note on Thursday. JPMorgan Chase & Co. lifted their price objective on Parker-Hannifin from $1,083.00 to $1,100.00 and gave the company an “overweight” rating in a research note on Friday. Mizuho lifted their target price on shares of Parker-Hannifin from $800.00 to $825.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Barclays boosted their price target on Parker-Hannifin from $990.00 to $1,020.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Wall Street Zen cut shares of Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Tuesday, January 27th. Seventeen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $990.47.

Insiders Place Their Bets

In related news, VP Berend Bracht sold 3,507 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total transaction of $3,032,082.06. Following the completion of the sale, the vice president owned 2,580 shares of the company’s stock, valued at $2,230,616.40. This represents a 57.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Andrew D. Ross sold 2,488 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $894.81, for a total value of $2,226,287.28. Following the sale, the chief operating officer owned 13,120 shares of the company’s stock, valued at approximately $11,739,907.20. This represents a 15.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 7,432 shares of company stock worth $6,484,116 in the last three months. Corporate insiders own 0.32% of the company’s stock.

About Parker-Hannifin

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.