Parker-Hannifin Corporation has been experiencing a flurry of activity on the market. A majority of financial brokerages gave the company an average
Moderate Buy rating. Stake changes have also been constant of late. Comerica Bank, OMERS Administration Corp, Eisler Capital Management Ltd and others have sold their shares, while stakes from Northwestern Mutual Wealth Management Co, Oarsman Capital Inc, Allstate Corp were increased. Moreover, the companyβs stocks hit a record high of 745.58 USD.
Q4 earnings have surpassed expectations with significant increases in aerospace sales Y/Y and a forecast upgrade. The surge came after beating earnings expectations and issuing a strong guidance.
VP Scott Patrick has sold shares totaling $1.15m, yet Summit Financial LLC, and Silvat Capital Management LLC among others have incremented their stakes. With Declaration of $1.80 quarterly dividends and a 20M shares repurchase program, coupled with strong growth and strategic acquisition, Parker-Hannifin offers promise. PHβs
EPS beat analyst forecasts connoting marked potential upsides in the future.
Parker-Hannifin Corporation PH News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 30 Aug 2025 23:25:56 GMT -
Rating 8
- Innovation 4
- Information 6
- Rumor -6
