Parker-Hannifin Corporation $PH Shares Sold by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP decreased its holdings in Parker-Hannifin Corporation (NYSE:PH) by 40.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,194 shares of the industrial products company’s stock after selling 8,216 shares during the quarter. Hudson Bay Capital Management LP’s holdings in Parker-Hannifin were worth $8,517,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PH. Brighton Jones LLC raised its position in shares of Parker-Hannifin by 5.9% during the fourth quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company’s stock worth $1,150,000 after purchasing an additional 101 shares during the period. Bison Wealth LLC boosted its position in shares of Parker-Hannifin by 4.5% in the 4th quarter. Bison Wealth LLC now owns 749 shares of the industrial products company’s stock valued at $476,000 after purchasing an additional 32 shares during the period. Horizon Investments LLC increased its stake in Parker-Hannifin by 4.5% in the 1st quarter. Horizon Investments LLC now owns 2,211 shares of the industrial products company’s stock worth $1,340,000 after purchasing an additional 96 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Parker-Hannifin by 30.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 891 shares of the industrial products company’s stock worth $542,000 after buying an additional 207 shares during the period. Finally, Cresset Asset Management LLC lifted its stake in Parker-Hannifin by 334.1% during the first quarter. Cresset Asset Management LLC now owns 11,850 shares of the industrial products company’s stock valued at $7,203,000 after buying an additional 9,120 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Stock Performance

Shares of PH opened at $884.58 on Monday. The firm has a market cap of $111.63 billion, a price-to-earnings ratio of 31.51, a price-to-earnings-growth ratio of 3.08 and a beta of 1.25. The company’s fifty day moving average is $807.88 and its 200-day moving average is $751.72. 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 Corporation has a 12 month low of $488.45 and a 12 month high of $908.35.

Parker-Hannifin (NYSE:PH) last released its quarterly earnings results on Thursday, November 6th. The industrial products company reported $7.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.62 by $0.60. The company had revenue of $5.08 billion during the quarter, compared to the consensus estimate of $4.94 billion. Parker-Hannifin had a return on equity of 27.23% and a net margin of 18.17%.The firm’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.20 EPS. 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. Equities analysts expect that Parker-Hannifin Corporation will post 26.71 EPS for the current fiscal year.

Parker-Hannifin Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 7th were given a $1.80 dividend. This represents a $7.20 annualized dividend and a yield of 0.8%. The ex-dividend date was Friday, November 7th. Parker-Hannifin’s dividend payout ratio (DPR) is currently 25.65%.

Insider Activity

In other news, VP Berend Bracht sold 3,507 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $864.58, for a total transaction of $3,032,082.06. Following the sale, the vice president directly owned 2,580 shares in the company, valued at approximately $2,230,616.40. The trade was a 57.61% 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 stock in a transaction on Wednesday, November 12th. The shares were 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 approximately $2,315,014.86. This represents a 34.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Parker-Hannifin from $840.00 to $925.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. KeyCorp increased their target price on Parker-Hannifin from $825.00 to $935.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Susquehanna reiterated a “positive” rating and set a $1,000.00 price target on shares of Parker-Hannifin in a report on Wednesday, November 12th. Citigroup upped their price target on Parker-Hannifin from $960.00 to $1,006.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Finally, Truist Financial restated a “buy” rating and set a $977.00 price objective (up from $910.00) on shares of Parker-Hannifin in a research report on Friday, November 7th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $889.50.

About Parker-Hannifin

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.