Parker-Hannifin Corporation $PH Holdings Trimmed by Raub Brock Capital Management LP

Key Points

• Raub Brock Capital Management cut its Parker-Hannifin stake by 21.2% in the second quarter, selling 4,203 shares and retaining 15,606 shares valued at $15.3 million. Institutional investors collectively own 82.44% of PH.
• Parker-Hannifin reported a strong quarter, with EPS of $9.27 beating estimates of $8.31 and revenue of $5.75 billion exceeding expectations. Revenue increased 9.8% year over year, and the company issued fiscal 2027 EPS guidance of $34.25–$35.25.
• Analysts remain broadly bullish, with 18 Buy ratings and four Holds, producing a “Moderate Buy” consensus and an average price target of $1,091.38. PH recently traded at $1,069.26, near its one-year high of $1,099.94.

Raub Brock Capital Management LP lessened its stake in Parker-Hannifin Corporation (NYSE:PH - Free Report) by 21.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 15,606 shares of the industrial products company's stock after selling 4,203 shares during the quarter. Parker-Hannifin accounts for approximately 4.2% of Raub Brock Capital Management LP's portfolio, making the stock its 5th biggest position. Raub Brock Capital Management LP's holdings in Parker-Hannifin were worth $15,264,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in PH. Brighton Jones LLC raised its holdings in shares of Parker-Hannifin by 5.9% in the 4th quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company's stock valued at $1,150,000 after purchasing an additional 101 shares in the last quarter. Bison Wealth LLC grew its stake 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 last quarter. Empowered Funds LLC increased its stake in shares of Parker-Hannifin by 0.5% during the first quarter. Empowered Funds LLC now owns 2,894 shares of the industrial products company's stock worth $1,759,000 after acquiring an additional 15 shares during the period. Acadian Asset Management LLC raised 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 worth $484,000 after buying an additional 166 shares in the last quarter. Finally, Sivia Capital Partners LLC raised its position in Parker-Hannifin by 3.6% in the second quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company's stock worth $300,000 after acquiring an additional 15 shares in the last quarter. 82.44% of the stock is currently owned by hedge funds and other institutional investors.

Parker-Hannifin Stock Up 0.7%

PH opened at $1,069.26 on Thursday. The firm has a 50 day moving average price of $964.20 and a 200 day moving average price of $943.82. Parker-Hannifin Corporation has a 1 year low of $715.37 and a 1 year high of $1,099.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.26. The company has a market cap of $134.82 billion, a PE ratio of 37.53, a price-to-earnings-growth ratio of 2.77 and a beta of 1.12.

Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.31 by $0.96. The firm had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The firm's quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Sell-side analysts expect that Parker-Hannifin Corporation will post 34.88 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on PH. Sanford C. Bernstein reiterated an "outperform" rating and set a $1,037.00 price target on shares of Parker-Hannifin in a research report on Thursday, July 16th. KeyCorp lifted their price target on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Susquehanna upped their target price on Parker-Hannifin from $1,100.00 to $1,250.00 and gave the company a "positive" rating in a research note on Friday, August 7th. BMO Capital Markets restated an "outperform" rating and issued a $1,214.00 target price on shares of Parker-Hannifin in a report on Friday, August 7th. Finally, Wells Fargo & Company decreased their price objective on Parker-Hannifin from $980.00 to $950.00 and set an "overweight" rating on the stock in a report on Tuesday, May 26th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,091.38.

Parker-Hannifin Profile

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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