Parker-Hannifin Corporation $PH Stock: Sterling Capital Management LLC Grows Position

Posted by Francis Steltz on Oct 24th, 2026

Sterling Capital Management LLC boosted its holdings in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 9.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,935 shares of the industrial products company’s stock after purchasing an additional 670 shares during the quarter. Sterling Capital Management LLC’s holdings in Parker-Hannifin were worth $7,581,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. E Fund Management Co. Ltd. grew its position in Parker-Hannifin by 2.1% in the 2nd quarter. E Fund Management Co. Ltd. now owns 477 shares of the industrial products company’s stock valued at $467,000 after buying an additional 10 shares during the last quarter. Optas LLC increased its stake in shares of Parker-Hannifin by 3.1% during the first quarter. Optas LLC now owns 370 shares of the industrial products company’s stock worth $331,000 after acquiring an additional 11 shares during the period. RFG Advisory LLC lifted its position in Parker-Hannifin by 0.3% in the first quarter. RFG Advisory LLC now owns 3,740 shares of the industrial products company’s stock valued at $3,348,000 after purchasing an additional 12 shares during the period. Allen Capital Group LLC boosted its holdings in Parker-Hannifin by 4.8% in the 1st quarter. Allen Capital Group LLC now owns 264 shares of the industrial products company’s stock valued at $236,000 after purchasing an additional 12 shares in the last quarter. Finally, Doliver Advisors LP boosted its holdings in Parker-Hannifin by 0.6% in the 2nd quarter. Doliver Advisors LP now owns 2,011 shares of the industrial products company’s stock valued at $1,967,000 after purchasing an additional 12 shares in the last quarter. Institutional investors and hedge funds own 82.44% of the company’s stock.

Insider Activity

In related news, VP Berend Bracht sold 602 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the sale, the vice president owned 4,399 shares of the company’s stock, valued at $4,577,027.53. This trade represents a 12.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.35% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PH. BNP Paribas Exane increased their target price on Parker-Hannifin from $1,220.00 to $1,270.00 and gave the stock an “outperform” rating in a research note on Friday, September 18th. Argus upped their price objective on Parker-Hannifin from $1,030.00 to $1,200.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a research report on Thursday, October 15th. Wells Fargo & Company initiated coverage on shares of Parker-Hannifin in a report on Thursday, September 24th. They set an “equal weight” rating and a $1,050.00 price objective on the stock. Finally, KeyCorp lifted their price target on shares of Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Eighteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Parker-Hannifin has a consensus rating of “Moderate Buy” and an average target price of $1,146.35.

Read Our Latest Analysis on PH

Parker-Hannifin Price Performance

Shares of PH stock traded down $13.18 during trading hours on Friday, hitting $880.03. The company’s stock had a trading volume of 884,243 shares, compared to its average volume of 545,080. 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 business has a fifty day moving average of $966.89 and a 200-day moving average of $951.03. Parker-Hannifin Corporation has a twelve month low of $755.10 and a twelve month high of $1,099.94. The stock has a market cap of $110.98 billion, a price-to-earnings ratio of 30.89, a P/E/G ratio of 2.49 and a beta of 1.12.

Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.31 by $0.96. The firm had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. As a group, equities research analysts anticipate that Parker-Hannifin Corporation will post 35.72 EPS for the current year.

Parker-Hannifin Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Monday, August 31st were given a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Monday, August 31st. Parker-Hannifin’s dividend payout ratio is currently 28.08%.

About Parker-Hannifin

(Free Report)

Parker-Hannifin Corporation is a diversified manufacturer of motion and control technologies and systems. The company serves aerospace, industrial, and other specialized markets with products designed to control the movement and flow of liquids and gases, as well as mechanical motion and power.

Its product portfolio includes hydraulic and pneumatic systems, filtration and process-control equipment, electromechanical technologies, sealing and shielding products, connectors, pumps, valves, and related components.