Regents Gate Capital LLP Takes Position in Parker-Hannifin Corporation $PH

Regents Gate Capital LLP purchased a new stake in shares of Parker-Hannifin Corporation (NYSE:PH) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 17,394 shares of the industrial products company’s stock, valued at approximately $12,149,000. Parker-Hannifin comprises about 4.3% of Regents Gate Capital LLP’s investment portfolio, making the stock its 5th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of PH. Brighton Jones LLC lifted its stake in shares of Parker-Hannifin by 5.9% during the 4th quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company’s stock worth $1,150,000 after buying an additional 101 shares during the last quarter. Bison Wealth LLC grew its stake in Parker-Hannifin by 4.5% in the 4th quarter. Bison Wealth LLC now owns 749 shares of the industrial products company’s stock valued at $476,000 after buying an additional 32 shares during the last quarter. Rossby Financial LCC bought a new position in Parker-Hannifin in the 1st quarter valued at about $69,000. Mutual Advisors LLC lifted its position in Parker-Hannifin by 14.9% during the first quarter. Mutual Advisors LLC now owns 757 shares of the industrial products company’s stock worth $453,000 after acquiring an additional 98 shares during the last quarter. Finally, IFM Investors Pty Ltd boosted its holdings in shares of Parker-Hannifin by 10.1% during the first quarter. IFM Investors Pty Ltd now owns 25,233 shares of the industrial products company’s stock worth $15,943,000 after acquiring an additional 2,321 shares during the period. 82.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Parker-Hannifin

In related news, COO Andrew D. Ross sold 4,361 shares of the company’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $732.66, for a total transaction of $3,195,130.26. Following the completion of the sale, the chief operating officer directly owned 13,120 shares in the company, valued at $9,612,499.20. This represents a 24.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Joseph R. Leonti sold 4,625 shares of the firm’s stock in a transaction dated 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 in the company, valued at $10,420,157.52. This trade represents a 25.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,039 shares of company stock worth $10,356,566 in the last three months. Insiders own 0.32% of the company’s stock.

Parker-Hannifin Price Performance

PH stock opened at $772.88 on Friday. The company’s 50-day moving average price is $754.74 and its two-hundred day moving average price is $705.10. The firm has a market cap of $97.80 billion, a P/E ratio of 28.50, a P/E/G ratio of 3.21 and a beta of 1.35. 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 12 month low of $488.45 and a 12 month high of $792.53.

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

Parker-Hannifin Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 7th will be paid a $1.80 dividend. The ex-dividend date is Friday, November 7th. This represents a $7.20 annualized dividend and a dividend yield of 0.9%. Parker-Hannifin’s dividend payout ratio (DPR) is presently 26.55%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on PH. Barclays increased their target price on Parker-Hannifin from $776.00 to $785.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 1st. KeyCorp upped their price objective on Parker-Hannifin from $810.00 to $825.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Wells Fargo & Company upped their price target on shares of Parker-Hannifin from $800.00 to $840.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Stifel Nicolaus cut their price objective on shares of Parker-Hannifin from $726.00 to $723.00 and set a “hold” rating for the company in a report on Monday, October 20th. Finally, Raymond James Financial raised their target price on shares of Parker-Hannifin from $735.00 to $845.00 and gave the stock an “outperform” rating in a report on Friday, August 8th. Thirteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $794.35.

Parker-Hannifin Company 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.