About Parker-Hannifin Corporation
Parker-Hannifin Corporation is a manufacturer of motion and control technologies and systems, providing precision engineered solutions for a range of mobile, industrial and aerospace markets. The Company operates through segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial Segment is an aggregation of several business units, which manufacture motion-control and fluid power system components for builders and users of various types of manufacturing, packaging, processing, transportation, agricultural, construction, and military vehicles and equipment. The Diversified Industrial Segment consists of Automation Group, Engineered Materials Group, Filtration Group, Fluid Connectors Group, Hydraulics Group and Instrumentation Group. The Aerospace Systems Segment produces hydraulic, fuel, pneumatic and electro-mechanical systems and components, which are utilized on domestic commercial, military and general aviation aircrafts.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Industrial Equipment & Components
- Sub-Industry: Industrial Machinery
- Exchange: NYSE
- Symbol: PH
- CUSIP: 70109410
- Previous Close: $155.62
- 50 Day Moving Average: $147.18
- 200 Day Moving Average: $133.70
- 52-Week Range: $98.46 - $156.84
- Trailing P/E Ratio: 24.01
- Foreward P/E Ratio: 19.88
- P/E Growth: 1.94
- Market Cap: $20.74B
- Outstanding Shares: 133,293,000
- Beta: 1.28
- Net Margins: 7.86%
- Return on Equity: 20.08%
- Return on Assets: 7.89%
Companies Related to Parker-Hannifin Corporation:
- Debt-to-Equity Ratio: 0.59%
- Current Ratio: 2.16%
- Quick Ratio: 1.65%
What is Parker-Hannifin Corporation's stock symbol?
Parker-Hannifin Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "PH."
How often does Parker-Hannifin Corporation pay dividends? What is the dividend yield for Parker-Hannifin Corporation?
Parker-Hannifin Corporation declared a quarterly dividend on Thursday, January 26th. Shareholders of record on Friday, February 10th will be paid a dividend of $0.66 per share on Friday, March 3rd. This represents a $2.64 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Wednesday, February 8th. This is a positive change from Parker-Hannifin Corporation's previous quarterly dividend of $0.63.
Where is Parker-Hannifin Corporation's stock going? Where will Parker-Hannifin Corporation's stock price be in 2017?
18 analysts have issued 12-month target prices for Parker-Hannifin Corporation's shares. Their predictions range from $109.00 to $180.00. On average, they anticipate Parker-Hannifin Corporation's stock price to reach $147.53 in the next year.
When will Parker-Hannifin Corporation announce their earnings?
Parker-Hannifin Corporation is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.
What are analysts saying about Parker-Hannifin Corporation stock?
Here are some recent quotes from research analysts about Parker-Hannifin Corporation stock:
According to Zacks Investment Research, "Parker-Hannifin kept its earnings beat streak alive in its second-quarter fiscal 2017 results, as its adjusted earnings beat the Zacks Consensus Estimate by over 36%. The company has been recording bottom-line growth, largely driven by its successful cost containment actions and the revamped Win Strategy. Going forward, the company expects to gain some traction from improving demand and incremental savings from its realignment actions. The company is acquiring CLARCOR, which will be integrated into its filtration business, helping double the sales of this unit. Also, the company made a strategic product line addition to its Hydraulics Unit with the Helac acquisition, which will boost revenues. On the flip side, prolonged sluggishness in the natural resources market and softness in key end-markets remain major concerns for the company." (2/6/2017)
Jefferies Group LLC analysts commented, "We provide a proforma model and raise our price target as higher multiple filtration grows as a percent of Parker’s business. We believe the acquisition makes strategic sense for Parker and cost synergies while not conservative should be achievable. Still, Parker paid a premium price and current valuation reflects the combined potential, in our view." (12/5/2016)
Who owns Parker-Hannifin Corporation stock?
Parker-Hannifin Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.39%), Hotchkis & Wiley Capital Management LLC (1.44%), AQR Capital Management LLC (1.07%), Vulcan Value Partners LLC (0.85%), Edge Asset Management Inc. (0.54%) and Dimensional Fund Advisors LP (0.45%). Company insiders that own Parker-Hannifin Corporation stock include Andrew M Weeks, Candy M Obourn, Catherine A Suever, Donald E Washkewicz, Jeffery A Cullman, John G Dedinsky Jr, John R Greco, Jon P Marten, Kurt A Keller, Lee C Banks, Martin C Maxwell, Robert W Bond and Wolfgang R Schmitt.
Who sold Parker-Hannifin Corporation stock? Who is selling Parker-Hannifin Corporation stock?
Parker-Hannifin Corporation's stock was sold by a variety of institutional investors in the last quarter, including Vulcan Value Partners LLC, O Shaughnessy Asset Management LLC, Hotchkis & Wiley Capital Management LLC, Dimensional Fund Advisors LP, Edge Asset Management Inc., Franklin Resources Inc., Prudential PLC and Thrivent Financial for Lutherans. Company insiders that have sold Parker-Hannifin Corporation stock in the last year include Candy M Obourn, Catherine A Suever, Donald E Washkewicz, John G Dedinsky Jr, John R Greco, Jon P Marten, Kurt A Keller, Lee C Banks, Martin C Maxwell, Robert W Bond and Wolfgang R Schmitt.
Who bought Parker-Hannifin Corporation stock? Who is buying Parker-Hannifin Corporation stock?
Parker-Hannifin Corporation's stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, State Street Corp, NN Investment Partners Holdings N.V., Asset Management One Co. Ltd., Janus Capital Management LLC, Vantis Investment Advisers L.P., Castleark Management LLC and Ardevora Asset Management LLP.
How do I buy Parker-Hannifin Corporation stock?
Shares of Parker-Hannifin Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Parker-Hannifin Corporation stock cost?
One share of Parker-Hannifin Corporation stock can currently be purchased for approximately $155.86.