Sigma Planning Corp Sells 1,445 Shares of Parker-Hannifin Corporation $PH

Key Points

• Sigma Planning Corp cut its stake in Parker‑Hannifin by 49.4% in Q4, selling 1,445 shares and leaving 1,478 shares worth about $1.30 million; institutional investors now own roughly 82.44% of the stock.
• Parker‑Hannifin beat Q3 estimates (EPS $8.17 vs. $7.84; revenue $5.49B vs. $5.40B), raised FY2026 adjusted EPS guidance to $31.20, reported a record $12.5B backlog and boosted its quarterly dividend to $2.00.
• There has been notable insider selling (CFO and COO sold sizable stakes), while analysts remain mostly constructive with a consensus rating of Moderate Buy and a median target around $1,012.45.

Sigma Planning Corp cut its stake in Parker-Hannifin Corporation (NYSE:PH - Free Report) by 49.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,478 shares of the industrial products company's stock after selling 1,445 shares during the period. Sigma Planning Corp's holdings in Parker-Hannifin were worth $1,299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of PH. Citizens Financial Group Inc. RI lifted its position in shares of Parker-Hannifin by 0.6% in the fourth quarter. Citizens Financial Group Inc. RI now owns 34,733 shares of the industrial products company's stock worth $30,528,000 after purchasing an additional 210 shares in the last quarter. Wealth High Governance Capital Ltda bought a new position in Parker-Hannifin in the fourth quarter valued at $18,774,000. Bogart Wealth LLC grew its position in Parker-Hannifin by 130.4% in the fourth quarter. Bogart Wealth LLC now owns 53 shares of the industrial products company's stock valued at $47,000 after purchasing an additional 30 shares in the last quarter. Sage Rhino Capital LLC bought a new position in shares of Parker-Hannifin in the 4th quarter valued at about $208,000. Finally, Simplicity Wealth LLC raised its holdings in Parker-Hannifin by 24.8% during the fourth quarter. Simplicity Wealth LLC now owns 488 shares of the industrial products company's stock worth $429,000 after acquiring an additional 97 shares in the last quarter. Institutional investors and hedge funds own 82.44% of the company's stock.

Parker-Hannifin Trading Down 0.1%

Shares of PH stock opened at $881.74 on Monday. Parker-Hannifin Corporation has a 12-month low of $608.31 and a 12-month high of $1,034.96. The company has a market capitalization of $111.29 billion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 2.83 and a beta of 1.18. The firm has a 50 day moving average price of $948.12 and a two-hundred day moving average price of $903.15. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46.

Parker-Hannifin (NYSE:PH - Get Free Report) last announced its 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 company had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.40 billion. Parker-Hannifin had a return on equity of 27.97% and a net margin of 16.58%.The firm's quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the company earned $6.94 earnings per share. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. As a group, analysts predict that Parker-Hannifin Corporation will post 31.09 earnings per share for the current year.

Parker-Hannifin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be given a $2.00 dividend. The ex-dividend date of this dividend is Friday, May 8th. This is a boost 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 (DPR) is presently 26.26%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on PH shares. Mizuho set a $1,050.00 price objective on Parker-Hannifin in a report on Friday. JPMorgan Chase & Co. upped their target price on shares of Parker-Hannifin from $1,083.00 to $1,100.00 and gave the company an "overweight" rating in a report on Friday, January 30th. BMO Capital Markets assumed coverage on Parker-Hannifin in a research report on Friday, March 27th. They issued an "outperform" rating and a $1,090.00 price objective for the company. Robert W. Baird set a $1,050.00 target price on Parker-Hannifin in a report on Friday, January 30th. Finally, Wells Fargo & Company dropped 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. Seventeen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Parker-Hannifin currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,012.45.

Parker-Hannifin News Roundup

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 Transactions at Parker-Hannifin

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

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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