Port Capital LLC Lowers Holdings in Parker-Hannifin Corporation $PH

Posted by George Bondi on Aug 27th, 2026

Port Capital LLC reduced its position in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 2.0% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 82,922 shares of the industrial products company’s stock after selling 1,716 shares during the quarter. Parker-Hannifin comprises about 3.3% of Port Capital LLC’s holdings, making the stock its 11th largest position. Port Capital LLC’s holdings in Parker-Hannifin were worth $81,108,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Texas Capital Bancshares Inc TX acquired a new stake in shares of Parker-Hannifin in the 3rd quarter worth $25,000. HFM Investment Advisors LLC increased its stake in shares of Parker-Hannifin by 1,000.0% during the fourth quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 30 shares during the period. Lloyd Advisory Services LLC. purchased a new position in Parker-Hannifin during the fourth quarter worth about $31,000. NFSG Corp lifted its position in Parker-Hannifin by 94.4% in the first quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 17 shares during the period. Finally, First Command Advisory Services Inc. lifted its position in Parker-Hannifin by 1,133.3% in the fourth quarter. First Command Advisory Services Inc. now owns 37 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 34 shares during the period. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Trading Up 2.4%

Shares of PH opened at $1,040.76 on Thursday. The company has a current ratio of 1.26, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44. The firm’s 50-day moving average is $989.76 and its two-hundred day moving average is $949.93. Parker-Hannifin Corporation has a twelve month low of $715.37 and a twelve month high of $1,099.94. The firm has a market capitalization of $131.19 billion, a P/E ratio of 36.53, a PEG ratio of 2.65 and a beta of 1.12.

Parker-Hannifin (NYSE:PH – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, research analysts predict that Parker-Hannifin Corporation will post 34.93 earnings per share for the current fiscal year.

Parker-Hannifin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Monday, August 31st will be issued a dividend of $2.00 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $8.00 annualized dividend and a yield of 0.8%. Parker-Hannifin’s payout ratio is currently 28.08%.

Analysts Set New Price Targets

Several research firms have issued reports on PH. Mizuho set a $1,050.00 target price on Parker-Hannifin in a research report on Friday, May 1st. KeyCorp raised their price target on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Stifel Nicolaus set a $1,075.00 price target on Parker-Hannifin in a research note on Friday, August 7th. JPMorgan Chase & Co. dropped their price objective on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Finally, Evercore set a $1,064.00 price objective on Parker-Hannifin in a research report on Monday, May 11th. Seventeen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Parker-Hannifin has a consensus rating of “Moderate Buy” and a consensus price target of $1,100.00.

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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.