In a filing, Parker-Hannifin Corp revealed its VP & Pres.-Aerospace Grp. Reidy Jay unloaded Company’s shares for reported $93056.0 on May 02 ’25. In the deal valued at $620.37 per share,150 shares were sold. As a result of this transaction, Reidy Jay now holds 2,083 shares worth roughly $1.41 million.
Then, Jay Reidy bought 150 shares, generating $93,000 in total proceeds.
Before that, Czaja Mark T sold 375 shares. Parker-Hannifin Corp shares valued at $266,948 were divested by the VP & Chief Tech. & Innov. Off. at a price of $711.86 per share. As a result of the transaction, Czaja Mark T now holds 3,238 shares, worth roughly $2.2 million.
Wolfe Research downgraded its Parker-Hannifin Corp [PH] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early February with a ‘”a Buy”‘ rating. Wolfe Research also remained covering PH and has increased its forecast on December 12, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Stifel revised its rating on November 18, 2024. It rated PH as “a Hold” which previously was an “a Buy”.
Price Performance Review of PH
On Tuesday, Parker-Hannifin Corp [NYSE:PH] saw its stock jump 1.44% to $678.42. Over the last five days, the stock has gained 10.51%. Parker-Hannifin Corp shares have risen nearly 6.66% since the year began. Nevertheless, the stocks have risen 21.00% over the past one year. While a 52-week high of $718.44 was reached on 01/31/25, a 52-week low of $488.45 was recorded on 04/07/25. SMA at 50 days reached $604.12, while 200 days put it at $630.83.
Levels Of Support And Resistance For PH Stock
The 24-hour chart illustrates a support level at 668.96, which if violated will result in even more drops to 659.50. On the upside, there is a resistance level at 686.36. A further resistance level may holdings at 694.30. The Relative Strength Index (RSI) on the 14-day chart is 71.85, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 42.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.46%. Stochastics %K at 91.59% indicates the stock is a selling.
The most recent change occurred on November 13, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $842 price target.
