Parker-Hannifin Corporation $PH Shares Acquired by Horizon Investments LLC

Key Points

• Horizon Investments LLC boosted its stake in Parker‑Hannifin by 78.8% in Q4, owning 8,829 shares valued at about $7.76 million after buying an additional 3,892 shares.
• Q3 beat and outlook lift: Parker‑Hannifin reported 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; the company also repurchased ~$275M and increased its dividend.
• Analyst sentiment is mostly positive—17 Buys vs. 4 Holds with a consensus "Moderate Buy" and median target near $1,012—but shares slid after the print and insiders have sold ~10,063 shares (~$9.9M) in the past three months, creating mixed signals for investors.

Horizon Investments LLC lifted its stake in shares of Parker-Hannifin Corporation (NYSE:PH - Free Report) by 78.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,829 shares of the industrial products company's stock after acquiring an additional 3,892 shares during the period. Horizon Investments LLC's holdings in Parker-Hannifin were worth $7,760,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of PH. Texas Capital Bancshares Inc TX acquired a new position in Parker-Hannifin in the 3rd quarter valued at about $25,000. Mowery & Schoenfeld Wealth Management LLC increased its holdings in shares of Parker-Hannifin by 80.0% during the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company's stock worth $32,000 after buying an additional 16 shares during the last quarter. Chilton Capital Management LLC acquired a new stake in shares of Parker-Hannifin during the 3rd quarter worth approximately $29,000. Ameriflex Group Inc. raised its position in shares of Parker-Hannifin by 366.7% during the 3rd quarter. Ameriflex Group Inc. now owns 42 shares of the industrial products company's stock valued at $32,000 after buying an additional 33 shares during the period. Finally, Avion Wealth lifted its holdings in Parker-Hannifin by 35.5% in the fourth quarter. Avion Wealth now owns 42 shares of the industrial products company's stock valued at $36,000 after acquiring an additional 11 shares during the last quarter. Hedge funds and other institutional investors own 82.44% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PH. Wall Street Zen upgraded Parker-Hannifin from a "hold" rating to a "buy" rating in a research report on Wednesday, February 4th. Mizuho set a $1,050.00 price target on Parker-Hannifin in a research note on Friday. JPMorgan Chase & Co. increased their price target on Parker-Hannifin from $1,083.00 to $1,100.00 and gave the stock an "overweight" rating in a report on Friday, January 30th. Barclays raised their price objective 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, KeyCorp restated an "overweight" rating and issued a $1,100.00 price objective on shares of Parker-Hannifin in a report on Friday, January 30th. 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.com, Parker-Hannifin currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,012.45.

Parker-Hannifin News Summary

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

Insider Buying and Selling at Parker-Hannifin

In related news, VP Dinu J. Parel sold 1,316 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $950.05, for a total transaction of $1,250,265.80. Following the sale, the vice president directly owned 6,534 shares of the company's stock, valued at $6,207,626.70. This represents a 16.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Todd M. Leombruno sold 2,062 shares of the 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 transaction of $2,066,825.08. Following the sale, the chief financial officer owned 20,610 shares in the company, valued at approximately $20,658,227.40. This trade represents a 9.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 10,063 shares of company stock valued at $9,891,214. Corporate insiders own 0.32% of the company's stock.

Parker-Hannifin Stock Down 3.0%

NYSE:PH opened at $881.74 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46. The stock's fifty day moving average is $948.12 and its two-hundred day moving average is $901.99. Parker-Hannifin Corporation has a 52 week low of $608.31 and a 52 week high of $1,034.96. The stock has a market capitalization of $111.29 billion, a price-to-earnings ratio of 32.52, a price-to-earnings-growth ratio of 2.84 and a beta of 1.18.

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

Parker-Hannifin Increases Dividend

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.