Aware Super Pty Ltd as trustee of Aware Super Has $19.25 Million Stake in Parker-Hannifin Corporation $PH

Key Points

• Aware Super Pty Ltd has reduced its stake in Parker-Hannifin Corporation by 16.8%, holding 27,557 shares worth approximately $19.25 million after selling 5,555 shares in Q2.
• Parker-Hannifin reported $7.69 EPS for the last quarter, beating the consensus estimate, and provided FY 2026 guidance of 28.400-29.400 EPS.
• The company recently declared a quarterly dividend of $1.80 per share, resulting in an annualized dividend of $7.20 and a yield of 1.0%.

Aware Super Pty Ltd as trustee of Aware Super trimmed its position in Parker-Hannifin Corporation (NYSE:PH - Free Report) by 16.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,557 shares of the industrial products company's stock after selling 5,555 shares during the period. Aware Super Pty Ltd as trustee of Aware Super's holdings in Parker-Hannifin were worth $19,248,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Preservation Advisors LLC bought a new stake in Parker-Hannifin in the 1st quarter valued at approximately $27,000. Saudi Central Bank acquired a new stake in shares of Parker-Hannifin in the first quarter valued at approximately $31,000. Interchange Capital Partners LLC bought a new stake in shares of Parker-Hannifin in the second quarter worth $31,000. Olde Wealth Management LLC acquired a new position in Parker-Hannifin during the first quarter worth $35,000. Finally, Chilton Capital Management LLC grew its position in Parker-Hannifin by 1,500.0% in the first quarter. Chilton Capital Management LLC now owns 64 shares of the industrial products company's stock valued at $39,000 after purchasing an additional 60 shares in the last quarter. Institutional investors and hedge funds own 82.44% of the company's stock.

Parker-Hannifin Stock Down 0.1%

PH stock opened at $736.06 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.71 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $93.14 billion, a PE ratio of 27.14, a PEG ratio of 3.04 and a beta of 1.35. Parker-Hannifin Corporation has a 1-year low of $488.45 and a 1-year high of $779.77. The business's 50 day simple moving average is $750.39 and its 200 day simple moving average is $687.48.

Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The industrial products company reported $7.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.08 by $0.61. Parker-Hannifin had a return on equity of 26.80% and a net margin of 17.79%.The business had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter last year, the firm posted $6.77 EPS. The company's quarterly revenue was up 1.1% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 28.400-29.400 EPS. As a group, research analysts anticipate that Parker-Hannifin Corporation will post 26.71 EPS for the current year.

Parker-Hannifin Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were issued a dividend of $1.80 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $7.20 annualized dividend and a dividend yield of 1.0%. Parker-Hannifin's payout ratio is presently 26.55%.

Analyst Ratings Changes

Several brokerages have commented on PH. Wells Fargo & Company boosted their price target on shares of Parker-Hannifin from $800.00 to $840.00 and gave the stock an "overweight" rating in a research report on Monday, October 6th. Truist Financial upped their target price on Parker-Hannifin from $822.00 to $910.00 and gave the stock a "buy" rating in a report on Wednesday, October 8th. Weiss Ratings reissued a "buy (b)" rating on shares of Parker-Hannifin in a research report on Wednesday, October 8th. Wall Street Zen raised Parker-Hannifin from a "hold" rating to a "buy" rating in a research report on Saturday, September 20th. Finally, Stifel Nicolaus increased their price objective on Parker-Hannifin from $717.00 to $726.00 and gave the company a "hold" rating in a report on Friday, August 8th. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $787.61.

Insiders Place Their Bets

In other news, VP Angela R. Ives sold 810 shares of the company's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $727.36, for a total value of $589,161.60. Following the transaction, the vice president owned 2,798 shares of the company's stock, valued at approximately $2,035,153.28. This represents a 22.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Joseph R. Leonti sold 4,625 shares of Parker-Hannifin stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $750.84, for a total value of $3,472,635.00. Following the sale, the executive vice president directly owned 13,878 shares of the company's stock, valued at approximately $10,420,157.52. The trade was a 25.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 14,039 shares of company stock worth $10,356,566 in the last 90 days. Corporate insiders own 0.32% of the company's stock.

Parker-Hannifin Company Profile

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.

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