Parker-Hannifin (PH)

• Market cap: $90.2B
• 1 day: 0.93%
• 5 days: 1.52%
• 1 month: 8.23%
• 3 months: 0.38%
• 6 months: 21.07%
• Year to date: 11.24%
• 1 year: 34.17%
• 5 years: 230.56%
• 10 years: 468.38%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Fabricated Metal Products

About: Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.

Employees: 61,120

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

96% more first-time investments, than exits

New positions opened: 174 | Existing positions closed: 89

20% more capital invested

Capital invested by funds: $55.9B [Q2] → $67.1B (+$11.2B) [Q3]

17% more repeat investments, than reductions

Existing positions increased: 584 | Existing positions reduced: 499

13% more funds holding in top 10

Funds holding in top 10: 30 [Q2] → 34 (+4) [Q3]

5% more funds holding

Funds holding: 1,425 [Q2] → 1,497 (+72) [Q3]

7% less call options, than puts

Call options by funds: $387M | Put options by funds: $414M

2.82% less ownership

Funds ownership: 85.91% [Q2] → 83.09% (-2.82%) [Q3]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $691 1% downside
• Avg. target: $786 12% upside
• High target: $842 20% upside

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

Citigroup Andrew Kaplowitz 51% 1-year accuracy 41 / 81 met price target	14% upside $795	Buy Initiated	7 Feb 2025
UBS Amit Mehrotra 17% 1-year accuracy 2 / 12 met price target	15% upside $805	Buy Maintained	31 Jan 2025
Stifel Nathan Jones 52% 1-year accuracy 36 / 69 met price target	1% downside $691	Hold Maintained	31 Jan 2025
Keybanc Jeffrey Holford 0 / 0 met price target	13% upside $790	Overweight Maintained	31 Jan 2025
Wells Fargo Joseph O'Dea 61% 1-year accuracy 22 / 36 met price target	11% upside $775	Overweight Maintained	31 Jan 2025