Federated Hermes Inc. Increases Holdings in Parker-Hannifin Corporation $PH

Federated Hermes Inc. raised its stake in Parker-Hannifin Corporation (NYSE:PH) by 4.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,789 shares of the industrial products company’s stock after acquiring an additional 2,557 shares during the period. Federated Hermes Inc.’s holdings in Parker-Hannifin were worth $43,055,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of PH. Vanguard Group Inc. raised its holdings in Parker-Hannifin by 0.9% in the second quarter. Vanguard Group Inc. now owns 11,125,240 shares of the industrial products company’s stock worth $7,770,646,000 after buying an additional 101,476 shares during the last quarter. Procyon Advisors LLC raised its holdings 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 acquiring an additional 5,066,179 shares during the last quarter. Invesco Ltd. lifted its position in Parker-Hannifin by 1.8% in the 2nd quarter. Invesco Ltd. now owns 2,345,922 shares of the industrial products company’s stock valued at $1,638,556,000 after acquiring an additional 41,221 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Parker-Hannifin by 4.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,194,687 shares of the industrial products company’s stock valued at $1,533,177,000 after acquiring an additional 92,913 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Parker-Hannifin by 0.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,075,234 shares of the industrial products company’s stock valued at $1,449,496,000 after purchasing an additional 14,534 shares during the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on PH shares. JPMorgan Chase & Co. upped their price target on Parker-Hannifin from $1,050.00 to $1,083.00 and gave the company an “overweight” rating in a report on Friday, January 16th. BNP Paribas Exane began coverage on Parker-Hannifin in a research report on Thursday, December 4th. They issued an “outperform” rating and a $1,020.00 target price for the company. KeyCorp raised their price target on shares of Parker-Hannifin from $935.00 to $1,050.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Wells Fargo & Company boosted their price objective on shares of Parker-Hannifin from $925.00 to $1,000.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Finally, Argus restated a “buy” rating and set a $900.00 price objective on shares of Parker-Hannifin in a research report on Monday, November 10th. Seventeen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Parker-Hannifin currently has an average rating of “Moderate Buy” and an average price target of $954.47.

Insider Activity at Parker-Hannifin

In other Parker-Hannifin news, COO Andrew D. Ross sold 2,488 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $894.81, for a total transaction of $2,226,287.28. Following the completion of the sale, the chief operating officer owned 13,120 shares of the company’s stock, valued at approximately $11,739,907.20. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Rachid Bendali sold 1,437 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $852.99, for a total value of $1,225,746.63. Following the completion of the transaction, the vice president directly owned 2,714 shares in the company, valued at $2,315,014.86. This trade represents a 34.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 7,432 shares of company stock worth $6,484,116. Corporate insiders own 0.32% of the company’s stock.

More Parker-Hannifin News

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

• Positive Sentiment: Q2 results beat expectations — revenue of ~$5.17B, adjusted EPS of $7.65 (beat estimates), record sales and organic sales growth (~6.6%), and margin expansion. These driven fundamentals are the main catalyst behind today’s share strength. Parker Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Company raised its annual profit outlook citing stronger aerospace parts demand and momentum across businesses, which supports higher forward earnings expectations. Parker-Hannifin raises annual profit forecast on aerospace parts demand
• Neutral Sentiment: Analyst activity: Stifel raised its price target to $941, providing price-target support, but kept a Hold rating — a mixed signal for investors weighing upside vs. valuation. Stifel Revises Parker-Hannifin (PH) Outlook in Diversified Industrials Review
• Neutral Sentiment: Company materials and transcripts (earnings release, slide deck, call transcripts) are now available — useful for investors who want details on segment trends, buyback/dividend plans, and free cash flow assumptions. View Press Release (slide deck)
• Negative Sentiment: On a GAAP basis net income and EPS were down versus last year because the prior-year quarter included a one-time after‑tax divestiture gain — a reminder to focus on adjusted results and the sustainability of margin gains. Parker Reports Fiscal 2026 Second Quarter Results

Parker-Hannifin Price Performance

NYSE PH opened at $949.49 on Friday. The company has a 50-day moving average price of $895.47 and a 200-day moving average price of $804.72. Parker-Hannifin Corporation has a 52 week low of $488.45 and a 52 week high of $965.00. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $119.82 billion, a P/E ratio of 33.83, a PEG ratio of 3.19 and a beta of 1.25.

Parker-Hannifin (NYSE:PH) last announced its earnings results 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. Parker-Hannifin had a net margin of 18.17% and a return on equity of 27.23%. The company had revenue of $5.17 billion during the quarter, compared to analyst estimates of $5.07 billion. Equities research analysts anticipate that Parker-Hannifin Corporation will post 26.71 earnings per share for the current year.

Parker-Hannifin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 6th will be issued a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, February 6th. Parker-Hannifin’s dividend payout ratio (DPR) is currently 25.65%.

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.