Parker-Hannifin Corporation $PH Stock Holdings Raised by U.S. Capital Wealth Advisors LLC

Key Points

• U.S. Capital Wealth Advisors LLC increased its stake in Parker-Hannifin Corporation by 21.4%, owning 7,911 shares worth approximately $5.5 million after acquiring more shares in the second quarter.
• Insiders have sold a total of 14,039 shares in the last three months, with EVP Joseph R. Leonti reducing his stake by 25% after selling shares valued at approximately $3.47 million.
• Parker-Hannifin recently announced a quarterly dividend of $1.80 per share, reflecting a 0.9% yield and a payout ratio of 26.55%.

U.S. Capital Wealth Advisors LLC grew its stake in Parker-Hannifin Corporation (NYSE:PH - Free Report) by 21.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,911 shares of the industrial products company's stock after purchasing an additional 1,397 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Parker-Hannifin were worth $5,526,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC grew its position in shares of Parker-Hannifin by 27.2% in the 1st quarter. SG Americas Securities LLC now owns 31,011 shares of the industrial products company's stock worth $18,850,000 after acquiring an additional 6,630 shares in the last quarter. Alley Investment Management Company LLC bought a new position in Parker-Hannifin during the first quarter worth $7,996,000. Community Financial Services Group LLC boosted its holdings in Parker-Hannifin by 1,338.2% in the first quarter. Community Financial Services Group LLC now owns 6,630 shares of the industrial products company's stock worth $4,030,000 after purchasing an additional 6,169 shares during the period. Inspire Investing LLC increased its stake in Parker-Hannifin by 5.1% during the first quarter. Inspire Investing LLC now owns 12,386 shares of the industrial products company's stock valued at $7,529,000 after purchasing an additional 596 shares during the last quarter. Finally, Heartland Bank & Trust Co acquired a new stake in shares of Parker-Hannifin during the first quarter worth $260,000. 82.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Parker-Hannifin

In other news, EVP Joseph R. Leonti sold 4,625 shares of the company's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $750.84, for a total value of $3,472,635.00. Following the completion of the sale, the executive vice president directly owned 13,878 shares of the company's stock, valued at approximately $10,420,157.52. This represents a 25.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Angela R. Ives sold 810 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $727.36, for a total transaction of $589,161.60. Following the completion of the transaction, the vice president owned 2,798 shares of the company's stock, valued at $2,035,153.28. This trade represents a 22.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,039 shares of company stock worth $10,356,566 in the last three months. Insiders own 0.39% of the company's stock.

Parker-Hannifin Stock Performance

Shares of PH stock opened at $760.74 on Tuesday. Parker-Hannifin Corporation has a 12-month low of $488.45 and a 12-month high of $779.77. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.19 and a quick ratio of 0.71. The firm has a market capitalization of $97.21 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 3.13 and a beta of 1.35. The business has a 50 day simple moving average of $741.46 and a 200 day simple moving average of $673.22.

Parker-Hannifin (NYSE:PH - Get Free Report) last announced its earnings results on Thursday, August 7th. The industrial products company reported $7.69 earnings per share for the quarter, beating the consensus estimate of $7.08 by $0.61. Parker-Hannifin had a return on equity of 26.80% and a net margin of 17.79%.The firm had revenue of $5.24 billion for the quarter, compared to the consensus estimate of $5.10 billion. During the same quarter in the previous year, the business earned $6.77 EPS. The firm's revenue for the quarter was up 1.1% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 28.400-29.400 EPS. On average, equities research analysts anticipate that Parker-Hannifin Corporation will post 26.71 EPS for the current year.

Parker-Hannifin Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $1.80 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $7.20 annualized dividend and a yield of 0.9%. Parker-Hannifin's dividend payout ratio (DPR) is presently 26.55%.

Analyst Ratings Changes

Several research analysts have recently commented on PH shares. Deutsche Bank Aktiengesellschaft lowered shares of Parker-Hannifin from a "buy" rating to a "hold" rating and set a $809.00 price target for the company. in a report on Thursday, September 4th. Wells Fargo & Company lifted their target price on Parker-Hannifin from $770.00 to $800.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Stifel Nicolaus upped their target price on Parker-Hannifin from $717.00 to $726.00 and gave the company a "hold" rating in a report on Friday, August 8th. Barclays raised their price target on Parker-Hannifin from $750.00 to $776.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Finally, Evercore ISI restated an "outperform" rating on shares of Parker-Hannifin in a research note on Tuesday, August 19th. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $770.94.

Parker-Hannifin Profile

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.

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