NYSE:PH - Parker-Hannifin Stock Price, Price Target & More

Parker-Hannifin trades on the New York Stock Exchange (NYSE) under the ticker symbol "PH."

Parker-Hannifin announced a quarterly dividend on Thursday, April 19th. Investors of record on Thursday, May 10th will be paid a dividend of $0.76 per share on Friday, June 1st. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date is Wednesday, May 9th. This is a positive change from Parker-Hannifin's previous quarterly dividend of $0.66. View Parker-Hannifin's Dividend History.

Parker-Hannifin Corp (NYSE:PH) released its quarterly earnings data on Thursday, April, 26th. The industrial products company reported $2.80 EPS for the quarter, beating the Zacks' consensus estimate of $2.62 by $0.18. The industrial products company earned $3.75 billion during the quarter, compared to analyst estimates of $3.67 billion. Parker-Hannifin had a return on equity of 23.63% and a net margin of 7.16%. The business's quarterly revenue was up 20.2% on a year-over-year basis. During the same period last year, the firm posted $2.11 EPS. View Parker-Hannifin's Earnings History.

Parker-Hannifin is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Parker-Hannifin.

Parker-Hannifin issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $9.95-10.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.96.

14 Wall Street analysts have issued 1 year price objectives for Parker-Hannifin's shares. Their forecasts range from $180.00 to $225.00. On average, they expect Parker-Hannifin's share price to reach $197.8571 in the next year. View Analyst Ratings for Parker-Hannifin.

Parker-Hannifin saw a increase in short interest in May. As of May 15th, there was short interest totalling 3,125,593 shares, an increase of 42.4% from the April 30th total of 2,194,907 shares. Based on an average daily volume of 1,129,811 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.4% of the company's stock are short sold.

Some companies that are related to Parker-Hannifin include Crane (CR), Barnes Group (B), Watts Water Technologies (WTS), Mueller Water Products (MWA), Sun Hydraulics (SNHY), CIRCOR International (CIR), ZK International Group (ZKIN), ARC Group WorldWide (ARCW), Hebron Technology (HEBT), NF Energy Saving (NFEC), Highway (HIHO) and Shengkai Innovations, Inc. Common Stock (VALV).

Press coverage about PH stock has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Parker-Hannifin earned a media sentiment score of 0.07 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 45.44 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Parker-Hannifin's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.21%), Northern Trust Corp (1.23%), Diamond Hill Capital Management Inc. (1.15%), Thomaspartners Inc. (1.01%), Boston Partners (0.95%) and Principal Financial Group Inc. (0.60%). Company insiders that own Parker-Hannifin stock include Andrew D Ross, Andrew M Weeks, Candy M Obourn, Catherine A Suever, John G Dedinsky Jr, Jon P Marten, Joseph R Leonti, Joseph Scaminace, Klaus Peter Muller, Kurt A Keller, Lee C Banks, Linda S Harty, Mark J Hart, Martin C Maxwell, Robert W Bond, Robert W Malone, Roger S Sherrard, Thomas C Gentile, Thomas L Williams, William G Eline, William R Bowman, Wolfgang R Schmitt and Yoon Michael Chung. View Institutional Ownership Trends for Parker-Hannifin.

PH stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, American Century Companies Inc., Pzena Investment Management LLC, Royal Bank of Canada, BlackRock Inc., Northern Trust Corp, Victory Capital Management Inc. and Schroder Investment Management Group. Company insiders that have sold Parker-Hannifin company stock in the last year include Andrew D Ross, Andrew M Weeks, Candy M Obourn, Catherine A Suever, Joseph R Leonti, Joseph Scaminace, Kurt A Keller, Lee C Banks, Linda S Harty, Mark J Hart, Martin C Maxwell, Robert W Bond, Robert W Malone, Roger S Sherrard and Thomas C Gentile. View Insider Buying and Selling for Parker-Hannifin.

PH stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Eaton Vance Management, State of New Jersey Common Pension Fund D, Summit Trail Advisors LLC, The Manufacturers Life Insurance Company, Interval Partners LP, Element Capital Management LLC and Minneapolis Portfolio Management Group LLC. View Insider Buying and Selling for Parker-Hannifin.

Shares of PH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PH stock can currently be purchased for approximately $164.17.

Parker-Hannifin has a market capitalization of $22.73 billion and generates $12.03 billion in revenue each year. The industrial products company earns $983.41 million in net income (profit) each year or $8.11 on an earnings per share basis. Parker-Hannifin employs 56,690 workers across the globe.

Parker-Hannifin's mailing address is 6035 PARKLAND BOULEVARD, CLEVELAND OH, 44124. The industrial products company can be reached via phone at 216-896-3000.