15,110 Shares in Parker-Hannifin Corporation $PH Purchased by Wealthfront Advisers LLC

Posted by Francis Steltz on Aug 19th, 2026

Wealthfront Advisers LLC bought a new stake in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,110 shares of the industrial products company’s stock, valued at approximately $14,779,000.

Other institutional investors also recently bought and sold shares of the company. Foster & Motley Inc. purchased a new stake in Parker-Hannifin during the second quarter worth about $555,000. Main Street Financial Solutions LLC boosted its stake in shares of Parker-Hannifin by 28.3% in the second quarter. Main Street Financial Solutions LLC now owns 929 shares of the industrial products company’s stock valued at $909,000 after purchasing an additional 205 shares during the period. Sagace Wealth Management LLC purchased a new position in shares of Parker-Hannifin in the second quarter valued at approximately $260,000. Alpine Woods Capital Investors LLC acquired a new position in shares of Parker-Hannifin in the second quarter valued at approximately $270,000. Finally, Meeder Advisory Services Inc. acquired a new position in shares of Parker-Hannifin in the second quarter valued at approximately $6,030,000. 82.44% of the stock is owned by institutional investors and hedge funds.

Parker-Hannifin Stock Down 1.1%

Shares of NYSE:PH opened at $1,041.64 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44. Parker-Hannifin Corporation has a fifty-two week low of $715.37 and a fifty-two week high of $1,099.94. The stock has a market cap of $131.34 billion, a price-to-earnings ratio of 36.56, a price-to-earnings-growth ratio of 2.75 and a beta of 1.12. The firm’s 50 day moving average price is $977.50 and its 200 day moving average price is $947.39.

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

Analysts Set New Price Targets

PH has been the topic of a number of research reports. Truist Financial increased their target price on shares of Parker-Hannifin from $1,269.00 to $1,358.00 and gave the stock a “buy” rating in a report on Friday, August 7th. UBS Group boosted their price target on shares of Parker-Hannifin from $1,092.00 to $1,250.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Susquehanna upped their price objective on Parker-Hannifin from $1,100.00 to $1,250.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a research note on Friday, July 17th. Finally, Mizuho set a $1,050.00 target price on Parker-Hannifin in a report on Friday, May 1st. Seventeen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Parker-Hannifin currently has a consensus rating of “Moderate Buy” and an average price target of $1,100.00.

Read Our Latest Stock 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.