Wall Street Zen Upgrades Parker-Hannifin (NYSE:PH) to “Buy”

Parker-Hannifin (NYSE:PH) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Wednesday.

PH has been the topic of a number of other reports. KeyCorp reaffirmed an “overweight” rating and set a $1,100.00 price target on shares of Parker-Hannifin in a research note on Friday, January 30th. Barclays upped their target price on Parker-Hannifin from $990.00 to $1,020.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Industrial Alliance Securities set a $1,032.00 price target on shares of Parker-Hannifin in a research report on Thursday, January 29th. JPMorgan Chase & Co. raised their price objective on shares of Parker-Hannifin from $1,083.00 to $1,100.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Finally, BNP Paribas Exane started coverage on shares of Parker-Hannifin in a report on Thursday, December 4th. They set an “outperform” rating and a $1,020.00 price objective for the company. Seventeen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $990.47.

Parker-Hannifin Stock Performance

NYSE:PH opened at $967.28 on Wednesday. The stock’s 50-day moving average is $906.08 and its 200-day moving average is $813.12. Parker-Hannifin has a 1-year low of $488.45 and a 1-year high of $979.44. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 0.52. The stock has a market cap of $122.09 billion, a P/E ratio of 35.28, a price-to-earnings-growth ratio of 3.30 and a beta of 1.25.

Parker-Hannifin (NYSE:PH) last issued its quarterly earnings results on Thursday, January 29th. The industrial products company reported $7.65 EPS for the quarter, topping analysts’ consensus estimates of $7.11 by $0.54. The company had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.07 billion. Parker-Hannifin had a net margin of 17.29% and a return on equity of 27.56%. Parker-Hannifin’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.53 earnings per share. Equities research analysts anticipate that Parker-Hannifin will post 26.71 earnings per share for the current year.

Insiders Place Their Bets

In related news, VP Dinu J. Parel sold 1,316 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $950.05, for a total value of $1,250,265.80. Following the transaction, the vice president owned 6,534 shares in the company, valued at approximately $6,207,626.70. This represents a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Andrew D. Ross sold 2,488 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $894.81, for a total value of $2,226,287.28. Following the completion of the sale, the chief operating officer owned 13,120 shares in the company, valued at approximately $11,739,907.20. The trade was a 15.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 10,769 shares of company stock valued at $9,649,169. Company insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Parker-Hannifin

Several hedge funds have recently made changes to their positions in PH. Intrua Financial LLC grew its position in shares of Parker-Hannifin by 7.7% during the 4th quarter. Intrua Financial LLC now owns 701 shares of the industrial products company’s stock valued at $616,000 after purchasing an additional 50 shares in the last quarter. Tucker Asset Management LLC bought a new stake in Parker-Hannifin during the fourth quarter valued at $38,000. Gamco Investors INC. ET AL purchased a new position in Parker-Hannifin during the fourth quarter worth about $239,000. Passumpsic Savings Bank purchased a new position in Parker-Hannifin during the fourth quarter worth about $3,369,000. Finally, North Dakota State Investment Board bought a new position in Parker-Hannifin in the 4th quarter worth about $3,881,000. 82.44% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Parker-Hannifin

Here are the key news stories impacting Parker-Hannifin this week:

• Positive Sentiment: Truist called out margin strength following PH’s Q2 earnings beat, highlighting better‑than‑expected operating leverage that supports profit outlook and valuation. Read More.
• Positive Sentiment: Quarterly results and commentary: PH reported stronger Q4/Q2 revenue and EPS versus estimates, with revenue growth and expanded margins cited as key drivers — fundamentals that can underpin upside. Read More.
• Positive Sentiment: Street support: several firms (JPMorgan, Truist, Barclays and others) recently raised targets or reiterated buy/overweight views, and Wall Street Zen upgraded the rating — analyst upgrades help sustain demand. Read More.
• Positive Sentiment: Dividend confirmed: PH disclosed a quarterly dividend (ex‑dividend early February), which is modest but supports income investors and reduces downside volatility for some holders. Read More.
• Neutral Sentiment: Momentum/coverage pieces (e.g., Zacks, MarketBeat writeups) are drawing attention from momentum traders but don’t materially change fundamentals. Read More.
• Negative Sentiment: Insider selling: multiple senior VPs sold stock in early Feb (Matthew A. Jacobson, Dinu J. Parel, Berend Bracht), each filing with the SEC shows significant reductions in their holdings — this cluster of sales is being framed in the press as “quiet” cash‑outs and is pressuring sentiment. Read More.
• Negative Sentiment: Additional SEC filings detail Parel’s sale. Multiple executive sales in close succession can raise short‑term investor concern even if sales are pre‑planned or for diversification. Read More.
• Negative Sentiment: Bracht’s Form 4 confirms another sizable sale; aggregated coverage (TipRanks, MarketBeat) is amplifying negative perception and likely contributed to elevated intraday volume. Read More. Read More.

About Parker-Hannifin

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.