Parker-Hannifin (NYSE:PH) Stock Unloaded Rep. Greg Landsman

Representative Greg Landsman (D-Ohio) recently sold shares of Parker-Hannifin Co. NYSE: PH. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in Parker-Hannifin stock on March 27th. The trade occurred in the Representative's "SARAH LANDSMAN TRADITIONAL IRA" account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Cadence Design Systems NASDAQ: CDNS on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Simon Property Group NYSE: SPG on 3/27/2025.
• Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Visa NYSE: V on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Cencora NYSE: COR on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Equinix NASDAQ: EQIX on 3/27/2025.

Parker-Hannifin Stock Down 0.2 %

Shares of Parker-Hannifin stock traded down $0.96 during midday trading on Tuesday, hitting $568.65. The company's stock had a trading volume of 440,726 shares, compared to its average volume of 710,954. Parker-Hannifin Co. has a 1-year low of $488.45 and a 1-year high of $718.44. The company has a quick ratio of 0.59, a current ratio of 1.06 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $73.20 billion, a P/E ratio of 23.54, a PEG ratio of 2.85 and a beta of 1.39. The stock has a 50-day simple moving average of $626.42 and a 200-day simple moving average of $650.00.

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Parker-Hannifin (NYSE:PH - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The industrial products company reported $6.53 EPS for the quarter, topping analysts' consensus estimates of $6.23 by $0.30. Parker-Hannifin had a return on equity of 27.34% and a net margin of 15.87%. As a group, sell-side analysts expect that Parker-Hannifin Co. will post 26.71 earnings per share for the current year.

Parker-Hannifin Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 7th were issued a $1.63 dividend. The ex-dividend date was Friday, February 7th. This represents a $6.52 dividend on an annualized basis and a dividend yield of 1.15%. Parker-Hannifin's payout ratio is currently 26.99%.

Institutional Investors Weigh In On Parker-Hannifin

Large investors have recently added to or reduced their stakes in the stock. EP Wealth Advisors LLC boosted its holdings in shares of Parker-Hannifin by 25.7% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,432 shares of the industrial products company's stock worth $2,168,000 after buying an additional 701 shares during the period. Nomura Asset Management Co. Ltd. lifted its position in Parker-Hannifin by 7.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 37,800 shares of the industrial products company's stock worth $23,883,000 after acquiring an additional 2,495 shares during the last quarter. Groupama Asset Managment boosted its holdings in Parker-Hannifin by 14,546.1% during the third quarter. Groupama Asset Managment now owns 132,840 shares of the industrial products company's stock valued at $83,931,000 after acquiring an additional 131,933 shares during the period. Geller Advisors LLC acquired a new stake in shares of Parker-Hannifin in the third quarter valued at about $222,000. Finally, Continuum Advisory LLC increased its stake in shares of Parker-Hannifin by 2.9% in the third quarter. Continuum Advisory LLC now owns 1,277 shares of the industrial products company's stock worth $891,000 after purchasing an additional 36 shares during the period. Institutional investors own 82.44% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on PH shares. Evercore ISI upped their price objective on shares of Parker-Hannifin from $777.00 to $824.00 and gave the company an "outperform" rating in a research note on Wednesday, February 19th. UBS Group dropped their price target on shares of Parker-Hannifin from $842.00 to $805.00 and set a "buy" rating on the stock in a research note on Friday, January 31st. Truist Financial reduced their price objective on Parker-Hannifin from $842.00 to $717.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Wells Fargo & Company upped their target price on Parker-Hannifin from $710.00 to $775.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Finally, Barclays cut their price target on Parker-Hannifin from $750.00 to $700.00 and set an "overweight" rating for the company in a research note on Thursday, April 10th. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, Parker-Hannifin has a consensus rating of "Moderate Buy" and a consensus price target of $705.35.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2026 election. Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.

Parker-Hannifin Company Profile

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.