Parker-Hannifin (PH)

• Market cap: $85.9B
• 1 day: -4.10%
• 5 days: -4.23%
• 1 month: -1.69%
• 3 months: -5.08%
• 6 months: 13.83%
• Year to date: 5.95%
• 1 year: 27.35%
• 5 years: 209.93%
• 10 years: 441.64%
• 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)

126% more call options, than puts

Call options by funds: $391M | Put options by funds: $173M

124% more first-time investments, than exits

New positions opened: 186 | Existing positions closed: 83

14% more repeat investments, than reductions

Existing positions increased: 591 | Existing positions reduced: 518

7% more capital invested

Capital invested by funds: $67.1B [Q3] → $71.5B (+$4.46B) [Q4]

3.33% more ownership

Funds ownership: 83.11% [Q3] → 86.44% (+3.33%) [Q4]

3% more funds holding in top 10

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

3% more funds holding

Funds holding: 1,501 [Q3] → 1,546 (+45) [Q4]

Research analyst outlook

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

• Low target: $691 4% upside
• Avg. target: $791 19% upside
• High target: $842 26% upside

9 analyst ratings

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

Evercore ISI Group David Raso 85% 1-year accuracy 17 / 20 met price target	24% upside $824	Outperform Maintained	19 Feb 2025
Citigroup Andrew Kaplowitz 54% 1-year accuracy 44 / 81 met price target	19% upside $795	Buy Initiated	7 Feb 2025
UBS Amit Mehrotra 33% 1-year accuracy 4 / 12 met price target	21% upside $805	Buy Maintained	31 Jan 2025
Stifel Nathan Jones 59% 1-year accuracy 42 / 71 met price target	4% upside $691	Hold Maintained	31 Jan 2025
Keybanc Jeffrey Holford 0 / 0 met price target	18% upside $790	Overweight Maintained	31 Jan 2025