NYSE:PH - Parker-Hannifin Stock Price, News, & Analysis

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

Parker-Hannifin announced a quarterly dividend on Wednesday, October 24th. Shareholders of record on Friday, November 9th will be paid a dividend of $0.76 per share on Friday, December 7th. This represents a $3.04 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Thursday, November 8th. View Parker-Hannifin's Dividend History.

Parker-Hannifin Corp (NYSE:PH) posted its quarterly earnings results on Thursday, November, 1st. The industrial products company reported $2.84 EPS for the quarter, topping the consensus estimate of $2.53 by $0.31. The industrial products company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.54 billion. Parker-Hannifin had a return on equity of 25.49% and a net margin of 7.98%. The firm's quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the business earned $2.24 EPS. View Parker-Hannifin's Earnings History.

Parker-Hannifin is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Parker-Hannifin.

Parker-Hannifin updated its FY19 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $11.10-11.70 for the period, compared to the Thomson Reuters consensus estimate of $11.42. Parker-Hannifin also updated its FY 2019 guidance to $11.10-11.70 EPS.

18 equities research analysts have issued 12 month price objectives for Parker-Hannifin's shares. Their predictions range from $164.00 to $212.00. On average, they anticipate Parker-Hannifin's stock price to reach $187.8125 in the next year. This suggests a possible upside of 21.7% from the stock's current price. View Analyst Price Targets for Parker-Hannifin.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last year. There are currently 2 sell ratings, 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Parker-Hannifin.

Media headlines about PH stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Parker-Hannifin earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Parker-Hannifin saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,720,352 shares, a drop of 39.0% from the October 15th total of 2,820,077 shares. Based on an average trading volume of 1,657,166 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.3% of the company's shares are short sold. View Parker-Hannifin's Current Options Chain.

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), NF Energy Saving (NFEC), ARC Group WorldWide (ARCW), ZK International Group (ZKIN), Highway (HIHO), Hebron Technology (HEBT) and Shengkai Innovations (VALV).

Parker-Hannifin's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (7.05%), BlackRock Inc. (6.16%), Capital World Investors (5.64%), Jennison Associates LLC (3.13%), Longview Partners Guernsey LTD (3.00%) and JPMorgan Chase & Co. (2.22%). 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 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 Jennison Associates LLC, PNC Financial Services Group Inc., Deutsche Bank AG, FMR LLC, Schroder Investment Management Group, Mitsubishi UFJ Trust & Banking Corp, American Century Companies Inc. and Janus Henderson Group PLC. Company insiders that have sold Parker-Hannifin company stock in the last year include Andrew M Weeks, Candy M Obourn, Catherine A Suever, Joseph R Leonti, Joseph Scaminace, Kurt A Keller, Robert W Malone, Roger S Sherrard, Thomas C Gentile and William R Bowman. View Insider Buying and Selling for Parker-Hannifin.

PH stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., Victory Capital Management Inc., Loomis Sayles & Co. L P, JPMorgan Chase & Co., AQR Capital Management LLC, Capital World Investors and CI Investments Inc.. 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 $154.37.

Parker-Hannifin has a market capitalization of $20.36 billion and generates $14.30 billion in revenue each year. The industrial products company earns $1.06 billion in net income (profit) each year or $10.42 on an earnings per share basis. Parker-Hannifin employs 57,170 workers across the globe.

The official website for Parker-Hannifin is http://www.parker.com.

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.