AGF Management Ltd. Buys 519 Shares of Parker-Hannifin Corporation $PH

AGF Management Ltd. increased its stake in Parker-Hannifin Corporation (NYSE:PH) by 35.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,996 shares of the industrial products company’s stock after buying an additional 519 shares during the quarter. AGF Management Ltd.’s holdings in Parker-Hannifin were worth $1,513,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Fidelis Capital Partners LLC boosted its stake in shares of Parker-Hannifin by 1.3% during the 2nd quarter. Fidelis Capital Partners LLC now owns 1,071 shares of the industrial products company’s stock worth $747,000 after purchasing an additional 14 shares during the period. High Net Worth Advisory Group LLC boosted its position in shares of Parker-Hannifin by 0.3% during the third quarter. High Net Worth Advisory Group LLC now owns 4,694 shares of the industrial products company’s stock valued at $3,559,000 after buying an additional 14 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Parker-Hannifin by 3.6% during the second quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company’s stock valued at $300,000 after buying an additional 15 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Parker-Hannifin by 0.5% in the first quarter. Empowered Funds LLC now owns 2,894 shares of the industrial products company’s stock worth $1,759,000 after buying an additional 15 shares during the period. Finally, Meadow Creek Wealth Advisors LLC lifted its stake in shares of Parker-Hannifin by 3.6% during the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 430 shares of the industrial products company’s stock worth $300,000 after acquiring an additional 15 shares during the last quarter. Institutional investors own 82.44% of the company’s stock.

Insider Activity at Parker-Hannifin

In other Parker-Hannifin news, VP Matthew A. Jacobson sold 564 shares of Parker-Hannifin stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $949.94, for a total value of $535,766.16. Following the transaction, the vice president owned 1,000 shares in the company, valued at $949,940. The trade was a 36.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Berend Bracht sold 1,457 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $946.48, for a total transaction of $1,379,021.36. Following the sale, the vice president directly owned 2,580 shares of the company’s stock, valued at approximately $2,441,918.40. The trade was a 36.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,769 shares of company stock valued at $9,649,169 over the last 90 days. Company insiders own 0.32% of the company’s stock.

Key Stories Impacting Parker-Hannifin

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

• Positive Sentiment: Truist called out margin strength following PH’s Q2 earnings beat, highlighting better‑than‑expected operating leverage that supports profit outlook and valuation. Read More.
• Positive Sentiment: Quarterly results and commentary: PH reported stronger Q4/Q2 revenue and EPS versus estimates, with revenue growth and expanded margins cited as key drivers — fundamentals that can underpin upside. Read More.
• Positive Sentiment: Street support: several firms (JPMorgan, Truist, Barclays and others) recently raised targets or reiterated buy/overweight views, and Wall Street Zen upgraded the rating — analyst upgrades help sustain demand. Read More.
• Positive Sentiment: Dividend confirmed: PH disclosed a quarterly dividend (ex‑dividend early February), which is modest but supports income investors and reduces downside volatility for some holders. Read More.
• Neutral Sentiment: Momentum/coverage pieces (e.g., Zacks, MarketBeat writeups) are drawing attention from momentum traders but don’t materially change fundamentals. Read More.
• Negative Sentiment: Insider selling: multiple senior VPs sold stock in early Feb (Matthew A. Jacobson, Dinu J. Parel, Berend Bracht), each filing with the SEC shows significant reductions in their holdings — this cluster of sales is being framed in the press as “quiet” cash‑outs and is pressuring sentiment. Read More.
• Negative Sentiment: Additional SEC filings detail Parel’s sale. Multiple executive sales in close succession can raise short‑term investor concern even if sales are pre‑planned or for diversification. Read More.
• Negative Sentiment: Bracht’s Form 4 confirms another sizable sale; aggregated coverage (TipRanks, MarketBeat) is amplifying negative perception and likely contributed to elevated intraday volume. Read More. Read More.

Parker-Hannifin Trading Down 0.1%

NYSE:PH opened at $967.28 on Friday. The firm has a 50-day simple moving average of $906.08 and a 200-day simple moving average of $813.12. Parker-Hannifin Corporation has a one year low of $488.45 and a one year high of $979.44. The firm has a market cap of $122.09 billion, a P/E ratio of 35.28, a P/E/G ratio of 3.30 and a beta of 1.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.66 and a current ratio of 1.18.

Parker-Hannifin (NYSE:PH) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $7.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.11 by $0.54. The company had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.07 billion. Parker-Hannifin had a net margin of 17.29% and a return on equity of 27.56%. Parker-Hannifin’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the company posted $6.53 earnings per share. Equities analysts anticipate that Parker-Hannifin Corporation will post 26.71 EPS for the current fiscal year.

Parker-Hannifin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 6th will be paid a dividend of $1.80 per share. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, February 6th. Parker-Hannifin’s dividend payout ratio is 26.26%.

Analyst Ratings Changes

Several brokerages have commented on PH. JPMorgan Chase & Co. upped their price objective on Parker-Hannifin from $1,083.00 to $1,100.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Wells Fargo & Company upped their price target on shares of Parker-Hannifin from $1,000.00 to $1,050.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Barclays lifted their price objective on shares of Parker-Hannifin from $990.00 to $1,020.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Mizuho raised their target price on shares of Parker-Hannifin from $800.00 to $825.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Parker-Hannifin in a report on Thursday, January 29th. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Parker-Hannifin currently has an average rating of “Moderate Buy” and an average price target of $990.47.

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.