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 given 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 1.84%. The ex-dividend date of this dividend is Wednesday, May 9th. This is an increase from Parker-Hannifin's previous quarterly dividend of $0.66. View Parker-Hannifin's Dividend History.

Parker-Hannifin Corp (NYSE:PH) posted its earnings results on Thursday, April, 26th. The industrial products company reported $2.80 earnings per share (EPS) for the quarter, beating the 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%. Parker-Hannifin's revenue was up 20.2% on a year-over-year basis. During the same quarter 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 estimate of $9.96.

15 analysts have issued 12 month price objectives for Parker-Hannifin's shares. Their forecasts range from $164.00 to $206.00. On average, they anticipate Parker-Hannifin's stock price to reach $188.00 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Ratings for Parker-Hannifin.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

Media coverage about PH stock has been trending positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Parker-Hannifin earned a news impact score of 0.26 on Accern's scale. They also gave news articles about the industrial products company an impact score of 46.64 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Parker-Hannifin's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.26%), Sit Investment Associates Inc. (0.12%), Huntington National Bank (0.10%), Retirement Systems of Alabama (0.05%), Nisa Investment Advisors LLC (0.03%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%). 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 Selz Capital LLC, Westpac Banking Corp, Hartford Investment Management Co., Central Bank & Trust Co., Sit Investment Associates Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Union Bankshares Corp and Amalgamated Bank. 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 bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Cibc Bank USA, Huntington National Bank, Carderock Capital Management Inc., IFM Investors Pty Ltd, Campbell & CO Investment Adviser LLC, DnB Asset Management AS and Atria Investments 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 $165.08.

Parker-Hannifin has a market capitalization of $21.11 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.