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. 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 yield of 1.86%. The ex-dividend date 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 Corp (NYSE:PH) announced its earnings results on Thursday, April, 26th. The industrial products company reported $2.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.62 by $0.18. The industrial products company earned $3.75 billion during 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%. Parker-Hannifin's quarterly revenue was up 20.2% on a year-over-year basis. During the same period last year, the firm earned $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 earnings per share guidance of $9.95-10.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.96.

14 brokers have issued 1-year target prices for Parker-Hannifin's shares. Their predictions range from $180.00 to $225.00. On average, they anticipate Parker-Hannifin's share price to reach $197.8571 in the next twelve months. View Analyst Ratings for Parker-Hannifin.

Parker-Hannifin saw a increase in short interest during the month of 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 trading volume, of 1,129,811 shares, the short-interest ratio is currently 2.8 days. Approximately 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).

News headlines about PH stock have trended somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Parker-Hannifin earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 46.96 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Parker-Hannifin's stock is owned by a number of of institutional and retail 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 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 $163.61.

Parker-Hannifin has a market capitalization of $22.54 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.