Quent Long Short Global Small Cap Fund LP Invests $891,000 in Parker-Hannifin Corporation $PH

24 Apr 2026, 06:52 by Jessica Moore · The Cerbat Gem

Quent Long Short Global Small Cap Fund LP purchased a new position in Parker-Hannifin Corporation (NYSE:PH – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,013 shares of the industrial products company’s stock, valued at approximately $891,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Procyon Advisors LLC boosted its position in shares of Parker-Hannifin by 158,565.9% in the 3rd quarter. Procyon Advisors LLC now owns 5,069,374 shares of the industrial products company’s stock worth $3,843,346,000 after purchasing an additional 5,066,179 shares in the last quarter. Bank of America Corp DE boosted its stake in Parker-Hannifin by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 3,904,591 shares of the industrial products company’s stock worth $2,960,266,000 after purchasing an additional 22,706 shares in the last quarter. Capital World Investors boosted its stake in Parker-Hannifin by 7.0% in the 3rd quarter. Capital World Investors now owns 2,584,141 shares of the industrial products company’s stock worth $1,959,166,000 after purchasing an additional 169,073 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Parker-Hannifin by 0.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,207,996 shares of the industrial products company’s stock worth $1,674,132,000 after purchasing an additional 13,309 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Parker-Hannifin by 0.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 817,094 shares of the industrial products company’s stock worth $619,480,000 after purchasing an additional 4,454 shares in the last quarter. 82.44% of the stock is owned by institutional investors.

Insider Transactions at Parker-Hannifin

In other news, VP Berend Bracht sold 1,457 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $946.48, for a total value of $1,379,021.36. Following the transaction, the vice president owned 2,580 shares in the company, valued at $2,441,918.40. This represents a 36.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Andrew D. Ross sold 4,664 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $999.00, for a total transaction of $4,659,336.00. Following the completion of the transaction, the chief operating officer owned 13,120 shares in the company, valued at $13,106,880. This trade represents a 26.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 10,063 shares of company stock worth $9,891,214. 0.32% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on PH shares. Citigroup upped their price target on shares of Parker-Hannifin from $1,092.00 to $1,137.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a research note on Tuesday. Truist Financial set a $1,139.00 price objective on Parker-Hannifin in a research report on Friday, January 30th. Wall Street Zen raised Parker-Hannifin from a “hold” rating to a “buy” rating in a research report on Wednesday, February 4th. Finally, Wells Fargo & Company lowered their price objective on Parker-Hannifin from $1,050.00 to $980.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 1st. Seventeen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,000.60.

Check Out Our Latest Research Report on Parker-Hannifin

Parker-Hannifin Price Performance

PH opened at $974.58 on Friday. The company’s 50-day simple moving average is $953.12 and its two-hundred day simple moving average is $893.52. The stock has a market capitalization of $123.01 billion, a P/E ratio of 35.54, a P/E/G ratio of 3.07 and a beta of 1.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.66 and a current ratio of 1.18. Parker-Hannifin Corporation has a 52-week low of $576.26 and a 52-week high of $1,034.96.

Parker-Hannifin (NYSE:PH – Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share for the quarter, beating the consensus estimate of $7.11 by $0.54. Parker-Hannifin had a return on equity of 27.56% and a net margin of 17.29%.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 posted $6.53 EPS. As a group, analysts predict that Parker-Hannifin Corporation will post 30.99 EPS for the current year.

Parker-Hannifin Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be issued a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, May 8th. This is a positive change from Parker-Hannifin’s previous quarterly dividend of $1.80. Parker-Hannifin’s payout ratio is currently 26.26%.

About Parker-Hannifin

(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.