Tred Avon Family Wealth LLC Purchases Shares of 1,421 Parker-Hannifin Corporation $PH

18 Jan 2026, 15:36 by Tristan Rich · The Markets Daily

Tred Avon Family Wealth LLC acquired a new position in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) in the third quarter, HoldingsChannel reports. The fund acquired 1,421 shares of the industrial products company’s stock, valued at approximately $1,077,000.

Other large investors have also made changes to their positions in the company. Quadrant Capital Group LLC boosted its position in Parker-Hannifin by 20.1% during the 2nd quarter. Quadrant Capital Group LLC now owns 3,610 shares of the industrial products company’s stock worth $2,521,000 after purchasing an additional 604 shares during the period. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Parker-Hannifin in the second quarter valued at about $733,000. Procyon Advisors LLC lifted its stake in shares of Parker-Hannifin by 158,565.9% during the third 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. Vanguard Group Inc. boosted its position in shares of Parker-Hannifin by 0.9% in the second quarter. Vanguard Group Inc. now owns 11,125,240 shares of the industrial products company’s stock worth $7,770,646,000 after buying an additional 101,476 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Parker-Hannifin by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 2,075,234 shares of the industrial products company’s stock valued at $1,449,496,000 after buying an additional 14,534 shares in the last quarter. 82.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PH. Truist Financial boosted their price target on Parker-Hannifin from $977.00 to $1,097.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Citigroup reissued a “buy” rating on shares of Parker-Hannifin in a research report on Monday, January 12th. Barclays upped their target price on shares of Parker-Hannifin from $950.00 to $990.00 and gave the company an “overweight” rating in a research note on Wednesday, January 7th. Stifel Nicolaus boosted their price objective on shares of Parker-Hannifin from $850.00 to $869.00 and gave the stock a “hold” rating in a report on Tuesday, December 16th. Finally, Morgan Stanley restated a “positive” rating on shares of Parker-Hannifin in a research note on Wednesday. Seventeen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $946.17.

View Our Latest Stock Report on PH

Parker-Hannifin Price Performance

Shares of NYSE PH opened at $944.14 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $119.14 billion, a price-to-earnings ratio of 33.64, a price-to-earnings-growth ratio of 3.28 and a beta of 1.25. Parker-Hannifin Corporation has a twelve month low of $488.45 and a twelve month high of $950.00. The business has a 50 day simple moving average of $877.39 and a 200-day simple moving average of $791.40.

Parker-Hannifin (NYSE:PH – Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The industrial products company reported $7.22 earnings per share for the quarter, topping analysts’ consensus estimates of $6.62 by $0.60. Parker-Hannifin had a return on equity of 27.23% and a net margin of 18.17%.The business had revenue of $5.08 billion for the quarter, compared to analysts’ expectations of $4.94 billion. During the same period in the prior year, the firm earned $6.20 EPS. The business’s quarterly revenue was up 3.7% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 29.600-30.400 EPS and its FY 2026 guidance at 29.600-30.400 EPS. As a group, equities research analysts expect that Parker-Hannifin Corporation will post 26.71 earnings per share for the current year.

Parker-Hannifin Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Friday, November 7th were issued a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, November 7th. Parker-Hannifin’s dividend payout ratio (DPR) is 25.65%.

Insider Activity at Parker-Hannifin

In other Parker-Hannifin news, VP Berend Bracht sold 3,507 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total transaction of $3,032,082.06. Following the completion of the transaction, the vice president directly owned 2,580 shares of the company’s stock, valued at $2,230,616.40. The trade was a 57.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Andrew D. Ross sold 2,488 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $894.81, for a total transaction of $2,226,287.28. Following the completion of the transaction, the chief operating officer owned 13,120 shares of the company’s stock, valued at approximately $11,739,907.20. This trade represents a 15.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,432 shares of company stock worth $6,484,116 in the last ninety days. 0.32% of the stock is owned by insiders.

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.