Rep. Byron Donalds Sells Off Parker-Hannifin Corporation (NYSE:PH) Shares

Key Points

• Rep. Byron Donalds sold $1,001–$15,000 of Parker-Hannifin shares from his MORAN WEALTH IRA on August 11, 2026. He also bought Netflix and sold Howmet Aerospace shares in separate transactions.
• Parker-Hannifin reported strong quarterly results, with adjusted EPS of $9.27 and revenue of $5.75 billion, beating analyst estimates; revenue rose 9.8% year over year.
• PH shares recently traded at $919.17, while analysts maintained a broadly positive outlook, with a “Moderate Buy” consensus and an average price target of $1,114.55. The company also pays a quarterly dividend of $2 per share.

Representative Byron Donalds (Republican-Florida) recently sold shares of Parker-Hannifin Corporation NYSE: PH. In a filing disclosed on September 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Parker-Hannifin stock on August 11th. The trade occurred in the Representative's "MORAN WEALTH IRA" account.

Representative Byron Donalds also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 8/12/2026.
• Sold $1,001 - $15,000 in shares of Howmet Aerospace NYSE: HWM on 8/11/2026.

Parker-Hannifin Trading Down 0.6%

Shares of Parker-Hannifin stock opened at $919.17 on Thursday. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44. Parker-Hannifin Corporation has a 12-month low of $715.37 and a 12-month high of $1,099.94. The company has a market capitalization of $115.86 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 2.88 and a beta of 1.13. The firm's 50-day moving average price is $987.72 and its two-hundred day moving average price is $945.12.

Parker-Hannifin (NYSE:PH - Get Free Report) last issued its earnings results on Thursday, August 6th. The industrial products company reported $9.27 EPS for the quarter, beating the consensus estimate of $8.31 by $0.96. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The company had revenue of $5.75 billion during the quarter, compared to analysts' expectations of $5.57 billion. During the same period in the previous year, the company earned $7.69 EPS. The business's revenue for the quarter was up 9.8% compared to the same quarter last year. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, analysts forecast that Parker-Hannifin Corporation will post 34.95 earnings per share for the current fiscal year.

Parker-Hannifin Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 31st were given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, August 31st. Parker-Hannifin's dividend payout ratio is presently 28.08%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PH. Tortoise Investment Management LLC lifted its position in shares of Parker-Hannifin by 6.4% during the second quarter. Tortoise Investment Management LLC now owns 629 shares of the industrial products company's stock worth $615,000 after acquiring an additional 38 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Parker-Hannifin by 10.0% in the second quarter. Sequoia Financial Advisors LLC now owns 60,061 shares of the industrial products company's stock valued at $58,747,000 after purchasing an additional 5,473 shares in the last quarter. Archford Capital Strategies LLC raised its stake in shares of Parker-Hannifin by 77.5% during the 2nd quarter. Archford Capital Strategies LLC now owns 2,072 shares of the industrial products company's stock valued at $2,027,000 after purchasing an additional 905 shares during the period. National Pension Service raised its stake in shares of Parker-Hannifin by 3.0% during the 2nd quarter. National Pension Service now owns 367,138 shares of the industrial products company's stock valued at $359,105,000 after purchasing an additional 10,590 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its holdings in Parker-Hannifin by 7.7% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 780 shares of the industrial products company's stock worth $763,000 after purchasing an additional 56 shares in the last quarter. 82.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on PH shares. Wall Street Zen downgraded shares of Parker-Hannifin from a "buy" rating to a "hold" rating in a research note on Saturday, August 22nd. Wells Fargo & Company decreased their target price on shares of Parker-Hannifin from $980.00 to $950.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 26th. BNP Paribas Exane reiterated an "outperform" rating and issued a $1,220.00 price target (up from $1,090.00) on shares of Parker-Hannifin in a research note on Friday, August 7th. Stifel Nicolaus set a $1,075.00 price objective on Parker-Hannifin in a report on Friday, August 7th. Finally, Citigroup boosted their price objective on Parker-Hannifin from $1,141.00 to $1,232.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Seventeen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Parker-Hannifin currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,114.55.

Insider Buying and Selling

In related news, VP Berend Bracht sold 602 shares of the company's stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the sale, the vice president owned 4,399 shares of the company's stock, valued at approximately $4,577,027.53. This represents a 12.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.32% of the stock is currently owned by corporate insiders.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida's 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida's 19th Congressional District. He declared candidacy for the 2026 election. Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor's degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

About Parker-Hannifin

Parker-Hannifin Corporation NYSE: PH is a diversified manufacturer of motion and control technologies. The company develops and produces systems and components that manage the movement and flow of liquids, gases and other materials for industrial, mobile and aerospace applications.

Its products include hydraulic and pneumatic systems, fluid connectors, filtration and process-control equipment, electromechanical technologies, seals, thermal-management solutions and aerospace systems. Parker-Hannifin serves manufacturers and operators in markets such as factory automation, transportation, energy, construction, life sciences and aviation.

Founded in 1917, Parker-Hannifin is headquartered in Cleveland, Ohio, and serves customers through manufacturing, distribution and sales operations across North America, Europe, Asia and other international markets.

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