Rep. Julie Johnson Sells Off Shares of Parker-Hannifin Corporation (NYSE:PH)

Key Points

• Representative Julie Johnson sold between $1,001 and $15,000 in shares of Parker-Hannifin Corporation (NYSE:PH) on July 25th, as disclosed in a filing.
• Shares of Parker-Hannifin are currently trading down 2.1% at $729.68, having a market cap of $93.24 billion and a P/E ratio of 26.91.
• Parker-Hannifin recently reported $7.69 earnings per share for the quarter, surpassing analysts' expectations of $7.08, with revenues hitting $5.24 billion.

Representative Julie Johnson (D-Texas) recently sold shares of Parker-Hannifin Corporation NYSE: PH. In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Parker-Hannifin stock on July 25th. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Seagate Technology NASDAQ: STX on 7/29/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.
• Purchased $1,001 - $15,000 in shares of Packaging Corporation of America NYSE: PKG on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of Chevron NYSE: CVX on 7/25/2025.
• Sold $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/25/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 7/24/2025.
• Sold $1,001 - $15,000 in shares of Philip Morris International NYSE: PM on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of CME Group NASDAQ: CME on 7/22/2025.
• Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Packaging Corporation of America NYSE: PKG on 7/22/2025.

Parker-Hannifin Trading Down 1.3%

Shares of PH traded down $9.8680 during trading hours on Thursday, reaching $733.1020. The stock had a trading volume of 237,663 shares, compared to its average volume of 751,048. The company has a quick ratio of 0.71, a current ratio of 1.19 and a debt-to-equity ratio of 0.55. Parker-Hannifin Corporation has a 52 week low of $488.45 and a 52 week high of $763.99. The firm has a 50-day moving average of $709.74 and a 200 day moving average of $659.97. The company has a market cap of $93.68 billion, a P/E ratio of 27.04, a P/E/G ratio of 3.09 and a beta of 1.37.

Parker-Hannifin (NYSE:PH - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The industrial products company reported $7.69 EPS for the quarter, beating analysts' consensus estimates of $7.08 by $0.61. Parker-Hannifin had a net margin of 17.79% and a return on equity of 26.80%. The business had revenue of $5.24 billion during the quarter, compared to analysts' expectations of $5.10 billion. During the same quarter in the prior year, the company earned $6.77 EPS. The firm's quarterly revenue 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, sell-side analysts expect that Parker-Hannifin Corporation will post 26.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, VP Thomas C. Gentile sold 1,133 shares of the company's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $729.50, for a total value of $826,523.50. Following the sale, the vice president directly owned 5,465 shares of the company's stock, valued at approximately $3,986,717.50. This represents a 17.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Robert W. Malone sold 2,257 shares of the company's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $730.66, for a total transaction of $1,649,099.62. Following the completion of the sale, the vice president directly owned 5,866 shares in the company, valued at approximately $4,286,051.56. The trade was a 27.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,414 shares of company stock worth $6,883,931 in the last 90 days. 0.39% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Susquehanna assumed coverage on shares of Parker-Hannifin in a research note on Friday, August 15th. They issued a "positive" rating and a $860.00 target price for the company. Morgan Stanley upped their target price on shares of Parker-Hannifin from $700.00 to $725.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 9th. Raymond James Financial upped their target price on shares of Parker-Hannifin from $735.00 to $845.00 and gave the stock an "outperform" rating in a research note on Friday, August 8th. Citigroup reaffirmed a "buy" rating and issued a $831.00 target price (up from $709.00) on shares of Parker-Hannifin in a research note on Monday, July 14th. Finally, Barclays upped their target price on shares of Parker-Hannifin from $750.00 to $776.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Fourteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $768.71.

Hedge Funds Weigh In On Parker-Hannifin

A number of large investors have recently modified their holdings of PH. Wealth Preservation Advisors LLC acquired a new position in shares of Parker-Hannifin during the 1st quarter worth about $27,000. Saudi Central Bank acquired a new position in shares of Parker-Hannifin during the 1st quarter worth about $31,000. Interchange Capital Partners LLC acquired a new position in shares of Parker-Hannifin during the 2nd quarter worth about $31,000. Mpwm Advisory Solutions LLC acquired a new position in shares of Parker-Hannifin during the 4th quarter worth about $32,000. Finally, Olde Wealth Management LLC bought a new stake in shares of Parker-Hannifin in the 1st quarter valued at about $35,000. 82.44% of the stock is currently owned by institutional investors and hedge funds.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

About Parker-Hannifin

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.