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 $1,001 and $15,000 in Parker-Hannifin stock on March 27th. The trade occurred in the Representative's "ROCKEFELLER CAPITAL MANAGEMENT (1)" 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 Up 0.5 %
Shares of PH stock traded up $3.09 during trading hours on Tuesday, reaching $572.70. 45,638 shares of the stock were exchanged, compared to its average volume of 709,283. The business's fifty day moving average is $628.88 and its two-hundred day moving average is $650.57. The firm has a market capitalization of $73.72 billion, a P/E ratio of 23.65, a P/E/G ratio of 2.85 and a beta of 1.39. Parker-Hannifin Co. has a 12-month low of $488.45 and a 12-month high of $718.44. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.06 and a quick ratio of 0.59.
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, beating analysts' consensus estimates of $6.23 by $0.30. Parker-Hannifin had a net margin of 15.87% and a return on equity of 27.34%. As a group, research analysts expect that Parker-Hannifin Co. will post 26.71 EPS for the current fiscal year.
Parker-Hannifin Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 7th were paid a $1.63 dividend. This represents a $6.52 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend was Friday, February 7th. Parker-Hannifin's payout ratio is presently 26.99%.
Institutional Trading of Parker-Hannifin
Large investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in Parker-Hannifin in the 4th quarter worth about $1,106,132,000. GAMMA Investing LLC raised its stake in shares of Parker-Hannifin by 66,111.8% in the 1st quarter. GAMMA Investing LLC now owns 1,735,412 shares of the industrial products company's stock worth $1,054,870,000 after buying an additional 1,732,791 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of Parker-Hannifin by 116,370.3% in the fourth quarter. Proficio Capital Partners LLC now owns 1,140,244 shares of the industrial products company's stock valued at $725,229,000 after buying an additional 1,139,265 shares during the period. Royal Bank of Canada grew its holdings in Parker-Hannifin by 99.8% during the fourth quarter. Royal Bank of Canada now owns 2,277,001 shares of the industrial products company's stock worth $1,448,241,000 after acquiring an additional 1,137,564 shares during the period. Finally, Capital World Investors bought a new stake in Parker-Hannifin in the fourth quarter worth about $418,174,000. 82.44% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on PH shares. Barclays lowered their price objective on Parker-Hannifin from $750.00 to $700.00 and set an "overweight" rating for the company in a research report on Thursday, April 10th. KeyCorp dropped their price target on shares of Parker-Hannifin from $790.00 to $690.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. UBS Group reduced their price objective on shares of Parker-Hannifin from $842.00 to $805.00 and set a "buy" rating for the company in a research report on Friday, January 31st. Wells Fargo & Company lifted their price target on shares of Parker-Hannifin from $710.00 to $775.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, Citigroup dropped their price objective on Parker-Hannifin from $795.00 to $665.00 and set a "buy" rating on the stock in a report on Monday. Four equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, Parker-Hannifin has an average rating of "Moderate Buy" and an average target price of $705.35.
Read Our Latest Analysis on Parker-Hannifin
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.
About Parker-Hannifin
(
Get Free Report)
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.
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