Parker-Hannifin Corporation $PH Shares Sold by Artemis Investment Management LLP

Key Points

• Insider selling: CFO Todd Leombruno and COO Andrew Ross sold 2,062 and 4,664 shares respectively on Feb. 11, and insiders have sold 10,063 shares (~$9.9M) in the last three months, leaving corporate insiders owning 0.32% of the stock.
• Q3 beat & raised guidance: Parker‑Hannifin reported adjusted EPS of $8.17 (vs. $7.84 expected) and $5.49B revenue, raised FY2026 adjusted EPS guidance to $31.20, and cited a record $12.5B backlog plus ~$275M in buybacks and a dividend increase.
• Market and analyst view: Shares opened at $881.74 (down ~3%), market cap ~$111.3B and P/E 32.2; sell‑side coverage is largely positive with 17 Buys and 4 Holds and an average target near $1,012.45.

Artemis Investment Management LLP reduced its stake in shares of Parker-Hannifin Corporation (NYSE:PH - Free Report) by 6.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 120,527 shares of the industrial products company's stock after selling 7,875 shares during the quarter. Parker-Hannifin accounts for approximately 1.3% of Artemis Investment Management LLP's portfolio, making the stock its 20th largest holding. Artemis Investment Management LLP owned 0.10% of Parker-Hannifin worth $105,938,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PH. Composition Wealth LLC increased its holdings in Parker-Hannifin by 4.6% during the 4th quarter. Composition Wealth LLC now owns 7,762 shares of the industrial products company's stock valued at $6,823,000 after acquiring an additional 344 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new position in Parker-Hannifin during the 4th quarter valued at about $104,040,000. Manhattan West Asset Management LLC purchased a new position in Parker-Hannifin during the 4th quarter valued at about $230,000. Horizon Investments LLC raised its stake in Parker-Hannifin by 78.8% in the 4th quarter. Horizon Investments LLC now owns 8,829 shares of the industrial products company's stock valued at $7,760,000 after purchasing an additional 3,892 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC raised its stake in Parker-Hannifin by 11.3% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 1,163 shares of the industrial products company's stock valued at $1,022,000 after purchasing an additional 118 shares during the last quarter. Hedge funds and other institutional investors own 82.44% of the company's stock.

Insider Buying and Selling at Parker-Hannifin

In related news, CFO Todd M. Leombruno sold 2,062 shares of the firm's stock in a transaction 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 transaction, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Andrew D. Ross sold 4,664 shares of the stock in a transaction dated 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 completion of the sale, the chief operating officer directly owned 13,120 shares in the company, valued at approximately $13,106,880. This trade represents a 26.23% decrease in their position. The SEC filing for this sale provides additional information. 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.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Mizuho set a $1,050.00 target price on shares of Parker-Hannifin in a research note on Friday. Jefferies Financial Group boosted their target price on shares of 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. Wells Fargo & Company reduced their price target on Parker-Hannifin from $1,050.00 to $980.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 1st. Weiss Ratings reissued a "buy (b)" rating on shares of Parker-Hannifin in a research note on Tuesday, April 21st. Finally, Wall Street Zen raised Parker-Hannifin from a "hold" rating to a "buy" rating in a research note on Wednesday, February 4th. Seventeen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $1,012.45.

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

Parker-Hannifin Stock Down 3.0%

Shares of NYSE:PH opened at $881.74 on Friday. The stock has a market capitalization of $111.29 billion, a P/E ratio of 32.16, a PEG ratio of 2.92 and a beta of 1.25. Parker-Hannifin Corporation has a 1 year low of $608.31 and a 1 year high of $1,034.96. The stock has a 50-day simple moving average of $948.12 and a 200-day simple moving average of $900.79. 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 (NYSE:PH - Get Free Report) last released its quarterly earnings results 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 analysts' expectations of $5.40 billion. Parker-Hannifin had a return on equity of 27.97% and a net margin of 16.58%.Parker-Hannifin's quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.94 EPS. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Equities analysts forecast that Parker-Hannifin Corporation will post 31.04 earnings per share for the current year.

Parker-Hannifin Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be given a dividend of $2.00 per share. The ex-dividend date of this dividend is Friday, May 8th. This is an increase from Parker-Hannifin's previous quarterly dividend of $1.80. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.9%. Parker-Hannifin's dividend payout ratio is 29.18%.

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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