Parker-Hannifin (PH)

• Market cap: $80.6B
• 1 day: -1.76%
• 5 days: 0.75%
• 1 month: -4.39%
• 3 months: -2.73%
• 6 months: -1.03%
• Year to date: -0.52%
• 1 year: 12.22%
• 5 years: 416.38%
• 10 years: 430.06%
• 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 Q4 regulatory filings by fund managers ($100M+ AUM)

139% more first-time investments, than exits

New positions opened: 203 | Existing positions closed: 85

127% more call options, than puts

Call options by funds: $392M | Put options by funds: $173M

14% more repeat investments, than reductions

Existing positions increased: 602 | Existing positions reduced: 529

7% more capital invested

Capital invested by funds: $67B [Q3] → $71.9B (+$4.97B) [Q4]

6% more funds holding

Funds holding: 1,504 [Q3] → 1,592 (+88) [Q4]

3.85% more ownership

Funds ownership: 82.98% [Q3] → 86.83% (+3.85%) [Q4]

3% more funds holding in top 10

Funds holding in top 10: 33 [Q3] → 34 (+1) [Q4]

Research analyst outlook

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

• Low target: $691 10% upside
• Avg. target: $776 24% upside
• High target: $824 32% upside

7 analyst ratings

• positive: 6 86%
• neutral: 1 14%
• negative: 0 0%

Barclays Julian Mitchell 48% 1-year accuracy 63 / 132 met price target	20% upside $750	Overweight Maintained	10 Mar 2025
Evercore ISI Group David Raso 35% 1-year accuracy 7 / 20 met price target	32% upside $824	Outperform Maintained	19 Feb 2025
Citigroup Andrew Kaplowitz 40% 1-year accuracy 33 / 82 met price target	27% upside $795	Buy Initiated	7 Feb 2025
UBS Amit Mehrotra 17% 1-year accuracy 2 / 12 met price target	29% upside $805	Buy Maintained	31 Jan 2025
Stifel Nathan Jones 43% 1-year accuracy 29 / 68 met price target	10% upside $691	Hold Maintained	31 Jan 2025