Laraway Financial Advisors Inc Acquires Shares of 1,278 Parker-Hannifin Corporation $PH

Posted by on Aug 15th, 2026

Laraway Financial Advisors Inc acquired a new position in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,278 shares of the industrial products company’s stock, valued at approximately $1,250,000. Parker-Hannifin makes up about 0.8% of Laraway Financial Advisors Inc’s investment portfolio, making the stock its 28th biggest position.

Several other institutional investors and hedge funds also recently modified their holdings of PH. Fideuram Asset Management Ireland dac acquired a new position in shares of Parker-Hannifin during the fourth quarter worth $1,253,000. Truist Financial Corp grew its holdings in Parker-Hannifin by 2.7% during the 4th quarter. Truist Financial Corp now owns 174,852 shares of the industrial products company’s stock valued at $153,687,000 after purchasing an additional 4,673 shares in the last quarter. Shepherd Street Advisors LLC purchased a new stake in Parker-Hannifin during the 4th quarter worth $1,736,000. Jefferies Financial Group Inc. acquired a new position in Parker-Hannifin in the 4th quarter worth $11,434,000. Finally, Horizon Investments LLC lifted its holdings in Parker-Hannifin by 78.8% in the 4th quarter. Horizon Investments LLC now owns 8,829 shares of the industrial products company’s stock worth $7,760,000 after buying an additional 3,892 shares in the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Trading Down 0.3%

NYSE PH opened at $1,055.34 on Friday. The company has a market capitalization of $133.07 billion, a price-to-earnings ratio of 37.04, a price-to-earnings-growth ratio of 2.76 and a beta of 1.12. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.26 and a quick ratio of 0.74. Parker-Hannifin Corporation has a 12 month low of $715.37 and a 12 month high of $1,099.94. The company’s fifty day moving average price is $971.32 and its two-hundred day moving average price is $945.51.

Parker-Hannifin (NYSE:PH – Get Free Report) last released its earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share for the quarter, topping the consensus estimate of $8.31 by $0.96. The company had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.57 billion. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The company’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. As a group, research analysts predict that Parker-Hannifin Corporation will post 34.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PH. Wall Street Zen upgraded Parker-Hannifin from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. JPMorgan Chase & Co. cut their price target on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Stifel Nicolaus set a $1,075.00 price target on Parker-Hannifin in a report on Friday, August 7th. Mizuho set a $1,050.00 price objective on Parker-Hannifin in a research note on Friday, May 1st. Finally, Sanford C. Bernstein lifted their price objective on Parker-Hannifin from $1,037.00 to $1,218.00 and gave the stock an “outperform” rating in a report on Friday. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,100.00.

Get Our Latest Analysis on Parker-Hannifin

Parker-Hannifin Profile

(Free Report)

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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Institutional Ownership by Quarter for Parker-Hannifin (NYSE:PH)

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