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S&P 500   3,911.74
DOW   31,500.68
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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:PH

Parker-Hannifin Stock Forecast, Price & News

$253.10
+13.14 (+5.48%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$242.10
$253.50
50-Day Range
$236.37
$290.58
52-Week Range
$230.44
$340.00
Volume
921,181 shs
Average Volume
655,313 shs
Market Capitalization
$32.49 billion
P/E Ratio
19.57
Dividend Yield
2.22%
Price Target
$351.08
30 days | 90 days | 365 days | Advanced Chart

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PH Stock Forecast (MarketRank)

Overall MarketRank

3.07 out of 5 stars

Industrial Products Sector

24th out of 255 stocks

Miscellaneous Fabricated Metal Products Industry

2nd out of 11 stocks

Analyst Opinion: 3.4Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -
Parker-Hannifin logo

About Parker-Hannifin (NYSE:PH)

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.

PH Stock News Headlines

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Industry, Sector and Symbol

Industry
Miscellaneous fabricated metal products
Sub-Industry
Industrial Machinery
CUSIP
70109410
Employees
54,640
Year Founded
1917

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 6/3 Dividend
5/12/2022
Dividend Payable
6/03/2022
Today
6/26/2022
Fiscal Year End
6/30/2022
Next Earnings (Estimated)
8/04/2022

Price Target and Rating

Average Stock Price Forecast
$351.08
High Stock Price Forecast
$440.00
Low Stock Price Forecast
$287.00
Forecasted Upside/Downside
+38.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78571428571429
Research Coverage
14 Analysts

Profitability

Net Income
$1.75 billion
Pretax Margin
13.77%

Debt

Sales & Book Value

Annual Sales
$14.35 billion
Cash Flow
$20.93 per share
Book Value
$65.19 per share

Miscellaneous

Free Float
126,485,000
Market Cap
$32.49 billion
Optionable
Optionable
Beta
1.57

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Parker-Hannifin Frequently Asked Questions

Should I buy or sell Parker-Hannifin stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Parker-Hannifin stock.
View analyst ratings for Parker-Hannifin
or view top-rated stocks.

What is Parker-Hannifin's stock price forecast for 2022?

14 Wall Street research analysts have issued 1 year price targets for Parker-Hannifin's shares. Their PH stock forecasts range from $287.00 to $440.00. On average, they predict Parker-Hannifin's share price to reach $351.08 in the next twelve months. This suggests a possible upside of 38.7% from the stock's current price.
View analysts' price targets for Parker-Hannifin
or view top-rated stocks among Wall Street analysts.

How has Parker-Hannifin's stock performed in 2022?

Parker-Hannifin's stock was trading at $318.12 at the beginning of the year. Since then, PH stock has decreased by 20.4% and is now trading at $253.10.
View the best growth stocks for 2022 here
.

Are investors shorting Parker-Hannifin?

Parker-Hannifin saw a decline in short interest in May. As of May 31st, there was short interest totaling 1,250,000 shares, a decline of 24.7% from the May 15th total of 1,660,000 shares. Based on an average daily trading volume, of 707,600 shares, the short-interest ratio is presently 1.8 days. Currently, 1.0% of the company's stock are sold short.
View Parker-Hannifin's Short Interest
.

When is Parker-Hannifin's next earnings date?

Parker-Hannifin is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Parker-Hannifin
.

How were Parker-Hannifin's earnings last quarter?

Parker-Hannifin Co. (NYSE:PH) posted its quarterly earnings data on Thursday, May, 5th. The industrial products company reported $4.83 EPS for the quarter, beating analysts' consensus estimates of $4.61 by $0.22. The industrial products company earned $4.09 billion during the quarter, compared to analyst estimates of $4.07 billion. Parker-Hannifin had a trailing twelve-month return on equity of 27.07% and a net margin of 10.82%. The firm's revenue was up 9.1% compared to the same quarter last year. During the same period last year, the firm earned $4.11 EPS.
View Parker-Hannifin's earnings history
.

How often does Parker-Hannifin pay dividends? What is the dividend yield for Parker-Hannifin?

Parker-Hannifin announced a quarterly dividend on Thursday, April 28th. Investors of record on Friday, May 13th will be paid a dividend of $1.33 per share on Friday, June 3rd. This represents a $5.32 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Thursday, May 12th. This is a boost from Parker-Hannifin's previous quarterly dividend of $1.03.
View Parker-Hannifin's dividend history
.

Is Parker-Hannifin a good dividend stock?

Parker-Hannifin(NYSE:PH) pays an annual dividend of $5.32 per share and currently has a dividend yield of 2.22%. Parker-Hannifin has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Parker-Hannifin is 41.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Parker-Hannifin will have a dividend payout ratio of 27.18% next year. This indicates that Parker-Hannifin will be able to sustain or increase its dividend.
View Parker-Hannifin's dividend history.

What guidance has Parker-Hannifin issued on next quarter's earnings?

Parker-Hannifin updated its FY 2022 earnings guidance on Monday, May, 23rd. The company provided EPS guidance of $18.00-$18.30 for the period, compared to the consensus earnings per share estimate of $18.27. The company issued revenue guidance of -.

Who are Parker-Hannifin's key executives?

Parker-Hannifin's management team includes the following people:

What is Tom Williams' approval rating as Parker-Hannifin's CEO?

442 employees have rated Parker-Hannifin CEO Tom Williams on Glassdoor.com. Tom Williams has an approval rating of 76% among Parker-Hannifin's employees.

What other stocks do shareholders of Parker-Hannifin own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Parker-Hannifin investors own include Johnson & Johnson (JNJ), AT&T (T), NVIDIA (NVDA), Verizon Communications (VZ), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), QUALCOMM (QCOM), CVS Health (CVS) and Home Depot (HD).

What is Parker-Hannifin's stock symbol?

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

Who are Parker-Hannifin's major shareholders?

Parker-Hannifin's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.67%), BlackRock Inc. (6.52%), State Street Corp (4.63%), JPMorgan Chase & Co. (4.16%), Bank of America Corp DE (3.65%) and Viking Global Investors LP (2.47%). Company insiders that own Parker-Hannifin stock include Ake Svensson, Andrew D Ross, Andrew M Weeks, Andrew M Weeks, Candy M Obourn, Catherine A Suever, Catherine A Suever, Erwan Faiveley, James L Wainscott, Jennifer A Parmentier, Joseph R Leonti, Joseph Scaminace, Lee C Banks, Linda S Harty, Linda S Harty, Mark J Hart, Mark T Czaja, Martin C Maxwell, Robert W Malone, Roger S Sherrard, Thomas L Williams and William R Bowman.
View institutional ownership trends for Parker-Hannifin
.

Which institutional investors are selling Parker-Hannifin stock?

PH stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Winslow Capital Management LLC, Goldman Sachs Group Inc., Ceredex Value Advisors LLC, State Street Corp, American Century Companies Inc., Royal Bank of Canada, and Fort Washington Investment Advisors Inc. OH. Company insiders that have sold Parker-Hannifin company stock in the last two years include Ake Svensson, Andrew D Ross, Andrew M Weeks, Candy M Obourn, Catherine A Suever, Erwan Faiveley, Jennifer A Parmentier, Joseph Scaminace, Lee C Banks, Linda S Harty, Mark J Hart, Mark T Czaja, Martin C Maxwell, Robert W Malone, Roger S Sherrard, Thomas L Williams, and William R Bowman.
View insider buying and selling activity for Parker-Hannifin
or view top insider-selling stocks.

Which institutional investors are buying Parker-Hannifin stock?

PH stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Alyeska Investment Group L.P., Vanguard Group Inc., Boston Partners, JPMorgan Chase & Co., APG Asset Management N.V., Viking Global Investors LP, and Lord Abbett & CO. LLC.
View insider buying and selling activity for Parker-Hannifin
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Parker-Hannifin's stock price today?

One share of PH stock can currently be purchased for approximately $253.10.

How much money does Parker-Hannifin make?

Parker-Hannifin (NYSE:PH) has a market capitalization of $32.49 billion and generates $14.35 billion in revenue each year. The industrial products company earns $1.75 billion in net income (profit) each year or $12.93 on an earnings per share basis.

How many employees does Parker-Hannifin have?

Parker-Hannifin employs 54,640 workers across the globe.

Does Parker-Hannifin have any subsidiaries?

The following companies are subsidiares of Parker-Hannifin: Acadia Elastomers Corporation, Acofab, Advanced Products Company, AirTek, Alenco (Holdings) Limited, Altair (UK) Limited, Altair Filter Technology Inc., Atenas, Atlantic Tubing, BHA Altair LLC, Baldwin Filters (Aust) Pty Ltd, Baldwin Filters Inc., Bayside Controls, Byron Valve, CBL Systems, CLARCOR Inc., CLARCOR International Investments C.V., CLARCOR Total Filtration Inc., Cabett Subsea, Clarcor Air Filtration Products Inc., Clarcor Filtration (China) Co Ltd, Clarcor International Investments LLC, Clark Filter Inc., Commercial Intertech, Commercial Intertech Holdings Limited, Denison International, Domnick Hunter Fabrication Limited, Domnick Hunter Group, Domnick Hunter Group Limited, EMFCO Holdings Incorporated, Exotic Metals, Extrudit, Filtran Aftermarket Products, Finn-Filter Oy, General Valve Corporation, HDA Acessorios e Equipamentos, HTR Holding, Hanil Hydraulics, Hargraves Technology, Haser Elektronik, Helac Corp., Herl Company, Hydraulik-Ring, Hydroflex, Ingenieria y Servicios Metalcrom, Jaeger Automobil-Technik GmbH & Co KG, Kay Pneumatics, Kenmore International, Kittiwake Developments Limited, Kuroda Pneumatics, LORD Corporation, Legris, Markwel Hose Industries, Micro Thermo Technologies, Mitos Technologies, Olaer Group, Olaer Group Limited, Origa Group, PECOFacet (Asia Pacific) Sdn. Bhd., PECOFacet (Canada) ULC, PECOFacet (Holland) B.V., PG Square LLC, PGI International, Page International, Parker Canada Holding Co., Parker Hannifin (Australia) Pty. Limited, Parker Hannifin (Barbados) SRL, Parker Hannifin (Bermuda) Ltd., Parker Hannifin (GB) Limited, Parker Hannifin (Gibraltar) Acquisitions Limited, Parker Hannifin (Gibraltar) Holding Limited, Parker Hannifin (Gibraltar) Properties Limited, Parker Hannifin (Holdings) Limited, Parker Hannifin (Luxembourg) S.a.r.l., Parker Hannifin (Norway) Holdings AS, Parker Hannifin 2007 LLP, Parker Hannifin ACD Europe LLC, Parker Hannifin Aktiebolag, Parker Hannifin Australia Assets Pty Limited, Parker Hannifin Australia Holding Pty Limited, Parker Hannifin B.V., Parker Hannifin Bermuda Luxembourg S.C.S., Parker Hannifin CFA LLC, Parker Hannifin Canada, Parker Hannifin Cartera Industrial S.L., Parker Hannifin Cartera Industrial S.L. Bilboa (Espagne) succursale de Carouge, Parker Hannifin Connectors Ltd., Parker Hannifin EMEA S.a.r.l., Parker Hannifin España S.L., Parker Hannifin Europe S.à r.l., Parker Hannifin Filtration (Houston) LLC, Parker Hannifin Filtration (US) Inc., Parker Hannifin Fluid Power Systems & Components (Shanghai) Co. Ltd., Parker Hannifin France Finance SAS, Parker Hannifin France Holding SAS, Parker Hannifin France SAS, Parker Hannifin Ges.m.b.H., Parker Hannifin Global Capital Management S.a.r.l., Parker Hannifin GmbH, Parker Hannifin Holding EMEA S.a.r.l., Parker Hannifin Holding GmbH, Parker Hannifin Hong Kong Ltd., Parker Hannifin Hydraulics (Shanghai) Co. Ltd., Parker Hannifin Hydraulics (Tianjin) Co. Ltd, Parker Hannifin India Private Ltd., Parker Hannifin Industrial (M) Sdn Bhd, Parker Hannifin Industrial s.r.o., Parker Hannifin Industries Limited, Parker Hannifin Industries and Assets Holding S.L., Parker Hannifin Indústria e Comércio Ltda., Parker Hannifin Italy S.R.L., Parker Hannifin Japan Holdings GK, Parker Hannifin Japan Ltd., Parker Hannifin Limited, Parker Hannifin Lux FinCo S.a.r.l., Parker Hannifin Lux Finco S.à.r.l. FZ LLC - UAE Branch, Parker Hannifin Luxembourg Acquisitions S.a.r.l., Parker Hannifin Luxembourg Finance S.à r.l., Parker Hannifin Luxembourg Investments 1 S.a.r.l., Parker Hannifin Manufacturing (Ireland) Limited, Parker Hannifin Manufacturing (UK) Limited, Parker Hannifin Manufacturing Finland Oy, Parker Hannifin Manufacturing France SAS, Parker Hannifin Manufacturing Germany GmbH & Co. KG, Parker Hannifin Manufacturing Holding Belgium SPRL, Parker Hannifin Manufacturing Holding Czech Republic s.r.o., Parker Hannifin Manufacturing Holding Denmark ApS, Parker Hannifin Manufacturing Holding Italy srl, Parker Hannifin Manufacturing Limited, Parker Hannifin Manufacturing Netherlands (Process Filtration) B.V., Parker Hannifin Manufacturing Sweden AB, Parker Hannifin Manufacturing Switzerland SA, Parker Hannifin Manufacturing srl, Parker Hannifin Motion & Control (Shanghai) Co. Ltd., Parker Hannifin Motion & Control (Wuxi) Company Ltd, Parker Hannifin Netherlands Holdings 2 B.V., Parker Hannifin Netherlands Holdings B.V., Parker Hannifin Partner I GP, Parker Hannifin Partner II GP, Parker Hannifin Partnership S.C.S., Parker Hannifin Singapore Private Limited, Parker Hannifin VAS Netherlands B.V., Parker Hannifin de Mexico S.A. de C.V., Parker Hareket ve Kontrol Sistemleri Tic. Ltd. Şti., Parker Industrial S. de R.L. de C.V., Parker Intangibles LLC, Parker International Capital Management Hungary Limited Liability Company, Parker Italy (PH Espana Holding) LLC, Parker Italy Holding LLC, Parker Korea Ltd., Parker Olaer Holdings LLC, Parker Ontario Holding Inc., Parker Royalty Partnership, Parker Seal de Mexico, Parker-Hannifin International Corp., Perry Holdings de Mexico S. de R.L. de C.V., Phyre Technologies, Polyflex Schwarz Group, Porter Instrument Company, Power Components of Midwest, PpTek, President Engineering Group, Purolator Facet Inc., Rayco (Wuxi) Technologies Co. Ltd., Rayco Technologies, Rectus, S.B.C. Elettronica, SAES-Parker UHP Components, SSD Drives Inc, SSD Drives India, SSD Drives Limited, SSD Korea, Scan Subsea, SciLog, Sea Recovery, Shaw Aero Devices, Silver Cloud Manufacturing, Snap-tite Inc, Sporlan Valve, SprayCool, Sterling Hydraulics, Symetrics, T Squared Manufacturing, TAIYO Ltd, Taiyo Ltd., TexLoc, Texas Thermowell, Titan Industries, Total Filtration Services Inc., TransWeb LLC., Trilogy Systems, Twin Filter B.V., United Air Specialists Inc., VOAC Hydraulics, Vansco Electronics, Velcon Filters, Veriflo, Webb Enterprises, Winco Enterprises Inc., and Wynn's International.
Read More

When was Parker-Hannifin founded?

Parker-Hannifin was founded in 1917.

How can I contact Parker-Hannifin?

Parker-Hannifin's mailing address is 6035 PARKLAND BOULEVARD, CLEVELAND OH, 44124. The official website for Parker-Hannifin is www.parker.com. The industrial products company can be reached via phone at (216) 896-3000 or via fax at 216-896-4000.

This page (NYSE:PH) was last updated on 6/26/2022 by MarketBeat.com Staff

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