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Indivisible Partners Purchases Shares of 7,694 Parker-Hannifin Corporation $PH

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Key Points

  • Indivisible Partners bought a new stake of 7,694 shares of Parker‑Hannifin valued at about $6.76 million, representing roughly 0.7% of the fund’s portfolio and the firm's 25th-largest holding.
  • Insider sales saw COO Andrew D. Ross sell 4,664 shares at about $999 each (~$4.66M, a 26.23% reduction) and CFO Todd M. Leombruno sell 2,062 shares at about $1,002 each (~$2.07M, a 9.09% reduction).
  • Company results and payout: Parker‑Hannifin beat Q results (EPS $8.17 vs. $7.84, revenue $5.49B, +10.6% YoY), set FY2026 guidance of ~31.20 EPS, and raised the quarterly dividend to $2.00 (annualized $8.00, 0.9% yield).
  • Five stocks we like better than Parker-Hannifin.

Indivisible Partners purchased a new stake in shares of Parker-Hannifin Corporation (NYSE:PH - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 7,694 shares of the industrial products company's stock, valued at approximately $6,763,000. Parker-Hannifin accounts for approximately 0.7% of Indivisible Partners' investment portfolio, making the stock its 25th biggest holding.

A number of other large investors have also made changes to their positions in PH. Brighton Jones LLC grew its stake in shares of Parker-Hannifin by 5.9% during the 4th quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company's stock valued at $1,150,000 after acquiring an additional 101 shares during the period. Bison Wealth LLC grew its stake in shares of Parker-Hannifin by 4.5% during the 4th quarter. Bison Wealth LLC now owns 749 shares of the industrial products company's stock valued at $476,000 after acquiring an additional 32 shares during the period. Empowered Funds LLC grew its stake in shares of Parker-Hannifin by 0.5% during the 1st quarter. Empowered Funds LLC now owns 2,894 shares of the industrial products company's stock valued at $1,759,000 after acquiring an additional 15 shares during the period. Acadian Asset Management LLC grew its stake in shares of Parker-Hannifin by 26.2% during the 1st quarter. Acadian Asset Management LLC now owns 799 shares of the industrial products company's stock valued at $484,000 after acquiring an additional 166 shares during the period. Finally, Sivia Capital Partners LLC grew its stake in shares of Parker-Hannifin by 3.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company's stock valued at $300,000 after acquiring an additional 15 shares during the period. 82.44% of the stock is currently owned by institutional investors.

Insider Activity at Parker-Hannifin

In other news, COO Andrew D. Ross sold 4,664 shares of the company's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $999.00, for a total transaction of $4,659,336.00. Following the sale, the chief operating officer directly owned 13,120 shares of the company's stock, valued at $13,106,880. This represents a 26.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Todd M. Leombruno sold 2,062 shares of the company's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $1,002.34, for a total value of $2,066,825.08. Following the sale, the chief financial officer directly owned 20,610 shares in the company, valued at $20,658,227.40. This trade represents a 9.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on PH shares. Morgan Stanley boosted their price objective on Parker-Hannifin from $945.00 to $1,038.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 24th. Jefferies Financial Group boosted their price objective on Parker-Hannifin from $1,050.00 to $1,100.00 and gave the company a "buy" rating in a research note on Friday, January 30th. Stifel Nicolaus boosted their price objective on Parker-Hannifin from $965.00 to $1,000.00 and gave the company a "hold" rating in a research note on Friday, April 10th. Wells Fargo & Company cut their price objective on Parker-Hannifin from $1,050.00 to $980.00 and set an "overweight" rating for the company in a research note on Wednesday, April 1st. Finally, BMO Capital Markets started coverage on Parker-Hannifin in a research note on Friday, March 27th. They set an "outperform" rating and a $1,090.00 price objective for the company. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $1,012.45.

Get Our Latest Research Report on Parker-Hannifin

Parker-Hannifin Trading Up 0.6%

PH stock opened at $872.54 on Wednesday. Parker-Hannifin Corporation has a 1-year low of $608.31 and a 1-year high of $1,034.96. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.13 and a quick ratio of 0.66. The company has a market capitalization of $110.13 billion, a price-to-earnings ratio of 32.19, a PEG ratio of 2.78 and a beta of 1.18. The business has a 50 day simple moving average of $945.13 and a two-hundred day simple moving average of $904.12.

Parker-Hannifin (NYSE:PH - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, topping the consensus estimate of $7.84 by $0.33. Parker-Hannifin had a return on equity of 27.97% and a net margin of 16.58%.The business had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.40 billion. During the same period in the prior year, the company posted $6.94 EPS. The firm's revenue for the quarter was up 10.6% compared to the same quarter last year. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Research analysts anticipate that Parker-Hannifin Corporation will post 31.1 EPS for the current fiscal year.

Parker-Hannifin Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be issued a dividend of $2.00 per share. This is a positive change from Parker-Hannifin's previous quarterly dividend of $1.80. The ex-dividend date of this dividend is Friday, May 8th. This represents a $8.00 annualized dividend and a dividend yield of 0.9%. Parker-Hannifin's payout ratio is currently 26.56%.

About Parker-Hannifin

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Parker-Hannifin Corporation (NYSE:PH - Free Report).

Institutional Ownership by Quarter for Parker-Hannifin (NYSE:PH)

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