McHugh Group LLC Acquires New Holdings in Parker-Hannifin Corporation $PH

Key Points

• McHugh Group LLC opened a new position in Parker‑Hannifin in Q4, buying 1,650 shares worth about $1.45 million (≈0.8% of its portfolio and the firm’s 23rd largest holding).
• Parker‑Hannifin beat Q3 expectations with adjusted EPS of $8.17 and ~$5.49B revenue, raised FY‑2026 adjusted EPS guidance to $31.20, and cited a record $12.5B backlog plus strong cash flow that funded ~$275M of buybacks and a dividend raise to $2.00 quarterly.
• Despite positive fundamentals and a consensus "Moderate Buy" (avg. target ≈$1,012), the stock saw a sell‑the‑news reaction amid heavy insider selling (COO sold 4,664 shares; CFO sold 2,062) and mixed institutional flows; institutional ownership stands at ~82.44%.

McHugh Group LLC bought a new stake in shares of Parker-Hannifin Corporation (NYSE:PH - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,650 shares of the industrial products company's stock, valued at approximately $1,450,000. Parker-Hannifin comprises 0.8% of McHugh Group LLC's investment portfolio, making the stock its 23rd biggest position.

Several other hedge funds have also bought and sold shares of PH. Texas Capital Bancshares Inc TX bought a new stake in Parker-Hannifin during the third quarter valued at approximately $25,000. Chilton Capital Management LLC bought a new stake in Parker-Hannifin during the third quarter valued at approximately $29,000. Ameriflex Group Inc. lifted its position in Parker-Hannifin by 366.7% during the third quarter. Ameriflex Group Inc. now owns 42 shares of the industrial products company's stock valued at $32,000 after purchasing an additional 33 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC lifted its position in Parker-Hannifin by 80.0% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company's stock valued at $32,000 after purchasing an additional 16 shares during the last quarter. Finally, Morse Asset Management Inc lifted its position in Parker-Hannifin by 164.7% during the third quarter. Morse Asset Management Inc now owns 45 shares of the industrial products company's stock valued at $34,000 after purchasing an additional 28 shares during the last quarter. 82.44% of the stock is currently owned by institutional investors.

More Parker-Hannifin News

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

• Positive Sentiment: Q3 beat and raised outlook — Adjusted EPS of $8.17 (+18% YoY) and record quarterly revenue (~$5.5B). Management lifted FY‑2026 adjusted EPS guidance to $31.20, signaling continued demand and execution. Parker Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Record backlog and aerospace strength — Backlog hit $12.5B and aerospace organic growth/expanding margins were highlighted as the primary tailwinds supporting near‑term revenue visibility. Parker Hannifin Backlog Hits Record $12.5 Billion, Lifts Outlook
• Positive Sentiment: Cash generation & buybacks/dividend — Year‑to‑date operating cash flow remains strong (record), the company repurchased ~$275M in the quarter and raised its dividend (70th consecutive hike), supporting shareholder returns. Parker Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Analyst coverage remains constructive — Multiple buy/overweight ratings and a median price target around $1,038 suggest upside among sell‑side analysts, which can limit downside but also set high expectations. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Neutral Sentiment: Institutional flows mixed — Large asset managers trimmed positions while other funds added; this rebalancing increases intra‑day volume and can amplify moves without signaling a clear directional consensus. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Negative Sentiment: Sell‑the‑news reaction — Despite beats, shares fell after the print as investors digested that the raise wasn’t a major upside surprise and that GAAP net income/EPS fell vs. prior year (prior quarter included a discrete tax benefit). Parker-Hannifin shares slide as investors digest Q3 results and a raised—but not blowout—full-year outlook
• Negative Sentiment: Heavy insider selling — Public filings show no insider purchases and numerous sales by senior executives in recent months; that can spook momentum traders even if sales may be for diversification or tax planning. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Negative Sentiment: Guidance details mixed — Adjusted EPS guidance slightly above consensus but revenue guidance (~$21.2B) was roughly in line or slightly below some street models; not a clear upward re‑rating catalyst. Parker-Hannifin Tops Q3 Earnings & Sales Estimates, Updates 26' View

Insiders Place Their Bets

In related news, COO Andrew D. Ross sold 4,664 shares of the company's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $999.00, for a total transaction of $4,659,336.00. Following the completion of the sale, the chief operating officer directly owned 13,120 shares in the company, valued at $13,106,880. This represents a 26.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Todd M. Leombruno sold 2,062 shares of the company's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $1,002.34, for a total transaction of $2,066,825.08. Following the sale, the chief financial officer owned 20,610 shares of the company's stock, valued at $20,658,227.40. This represents a 9.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.32% of the company's stock.

Parker-Hannifin Trading Down 0.1%

Shares of PH opened at $881.74 on Monday. The firm has a market cap of $111.29 billion, a price-to-earnings ratio of 32.52, a PEG ratio of 2.83 and a beta of 1.18. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. Parker-Hannifin Corporation has a fifty-two week low of $608.31 and a fifty-two week high of $1,034.96. The firm has a 50 day moving average price of $948.12 and a 200-day moving average price of $903.15.

Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, topping analysts' consensus estimates of $7.84 by $0.33. The firm had revenue of $5.49 billion during the quarter, compared to analyst estimates of $5.40 billion. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The business's quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the business posted $6.94 EPS. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. As a group, equities research analysts forecast that Parker-Hannifin Corporation will post 31.09 earnings per share for the current year.

Parker-Hannifin Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 8th will be issued a dividend of $2.00 per share. The ex-dividend date is Friday, May 8th. This represents a $8.00 dividend on an annualized basis and a yield of 0.9%. This is an increase from Parker-Hannifin's previous quarterly dividend of $1.80. Parker-Hannifin's dividend payout ratio (DPR) is currently 26.26%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on PH shares. Morgan Stanley increased their price objective on Parker-Hannifin from $945.00 to $1,038.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 24th. Jefferies Financial Group boosted their target price on Parker-Hannifin from $1,050.00 to $1,100.00 and gave the stock a "buy" rating in a research report on Friday, January 30th. Wells Fargo & Company dropped their target price on Parker-Hannifin from $1,050.00 to $980.00 and set an "overweight" rating for the company in a research report on Wednesday, April 1st. Barclays boosted their target price on Parker-Hannifin from $990.00 to $1,020.00 and gave the stock an "overweight" rating in a research report on Friday, January 30th. Finally, Truist Financial set a $1,147.00 price objective on shares of Parker-Hannifin in a report on Friday. Seventeen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, Parker-Hannifin has a consensus rating of "Moderate Buy" and an average target price of $1,012.45.

About Parker-Hannifin

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.

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