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 declared a quarterly dividend on Thursday, April 19th. Shareholders 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 yield of 1.71%. The ex-dividend date of this dividend is Wednesday, May 9th. This is a boost from Parker Hannifin's previous quarterly dividend of $0.66. View Parker Hannifin's Dividend History.

Parker Hannifin (NYSE:PH) released its quarterly earnings data on Thursday, April, 26th. The industrial products company reported $2.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.62 by $0.18. The industrial products company had revenue of $3.75 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the prior year, the business posted $2.11 earnings per share. 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 earnings per share (EPS) guidance of $9.95-10.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.96.

14 brokerages have issued twelve-month target prices for Parker Hannifin's stock. Their forecasts range from $180.00 to $225.00. On average, they expect Parker Hannifin's stock 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 trading volume of 1,129,811 shares, the days-to-cover ratio is presently 2.8 days. Approximately 2.4% of the shares of the company are sold short.

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 Wireless Solutions (ARCW), Hebron Technology (HEBT), NF Energy Saving (NFEC), Highway (HIHO) and Shengkai Innovations, Inc. Common Stock (VALV).

News stories about PH stock have trended positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Parker Hannifin earned a media sentiment score of 0.33 on Accern's scale. They also assigned media coverage about the industrial products company an impact score of 45.35 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Parker Hannifin's stock is owned by a number of of retail and institutional investors. Top institutional investors 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, John G Dedinsky Jr, 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 acquired 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 $177.48.

Parker Hannifin has a market capitalization of $23.65 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.