S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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Parker-Hannifin Stock Forecast, Price & News

-5.95 (-2.04 %)
(As of 01/15/2021 12:00 AM ET)
Today's Range
Now: $285.17
50-Day Range
MA: $274.17
52-Week Range
Now: $285.17
Volume870,264 shs
Average Volume802,926 shs
Market Capitalization$36.73 billion
P/E Ratio30.76
Dividend Yield1.21%
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 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. The 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.
Parker-Hannifin logo


Overall MarketRank

2.15 out of 5 stars

Industrial Products Sector

21st out of 333 stocks

Miscellaneous Fabricated Metal Products Industry

1st out of 15 stocks

Analyst Opinion: 2.5Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery



Sales & Book Value

Annual Sales$13.70 billion
Cash Flow$19.47 per share
Book Value$47.80 per share


Net Income$1.21 billion


Market Cap$36.73 billion
Next Earnings Date2/4/2021 (Estimated)
-5.95 (-2.04 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Parker-Hannifin (NYSE:PH) Frequently Asked Questions

How has Parker-Hannifin's stock been impacted by Coronavirus (COVID-19)?

Parker-Hannifin's stock was trading at $147.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PH shares have increased by 93.1% and is now trading at $285.17.
View which stocks have been most impacted by COVID-19

Is Parker-Hannifin a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last year. There are currently 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Parker-Hannifin stock.
View analyst ratings for Parker-Hannifin
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Parker-Hannifin?

Wall Street analysts have given Parker-Hannifin a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Parker-Hannifin wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Parker-Hannifin's next earnings date?

Parker-Hannifin is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Parker-Hannifin

How were Parker-Hannifin's earnings last quarter?

Parker-Hannifin Co. (NYSE:PH) released its quarterly earnings data on Thursday, November, 5th. The industrial products company reported $3.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.29 by $0.78. The industrial products company had revenue of $3.23 billion for the quarter, compared to the consensus estimate of $2.98 billion. Parker-Hannifin had a return on equity of 22.54% and a net margin of 8.81%. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.76 earnings per share.
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 Wednesday, October 28th. Stockholders of record on Friday, November 6th will be given a dividend of $0.88 per share on Friday, December 4th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, November 5th.
View Parker-Hannifin's dividend history

Is Parker-Hannifin a good dividend stock?

Parker-Hannifin pays an annual dividend of $3.52 per share and currently has a dividend yield of 1.21%. The dividend payout ratio of Parker-Hannifin is 32.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Parker-Hannifin will have a dividend payout ratio of 26.35% 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 issued an update on its FY21 earnings guidance on Thursday, November, 5th. The company provided EPS guidance of $11.70-$12.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.88.

What price target have analysts set for PH?

13 Wall Street analysts have issued 12 month target prices for Parker-Hannifin's shares. Their forecasts range from $150.00 to $330.00. On average, they anticipate Parker-Hannifin's share price to reach $247.92 in the next twelve months. This suggests that the stock has a possible downside of 13.1%.
View analysts' price targets for Parker-Hannifin
or view Wall Street analyst' top-rated stocks.

Who are some of Parker-Hannifin's key competitors?

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 The Home Depot (HD).

Who are Parker-Hannifin's key executives?

Parker-Hannifin's management team includes the following people:
  • Mr. Thomas L. Williams, Chairman & CEO (Age 61, Pay $4.53M)
  • Mr. Lee C. Banks, Pres, COO & Director (Age 57, Pay $2.92M)
  • Ms. Catherine A. Suever, Exec. VP of Fin. & Admin. and CFO (Age 62, Pay $2M)
  • Mr. Joseph R. Leonti, VP, Gen. Counsel & Sec. (Age 48, Pay $1.65M)
  • Mr. Andrew M. Weeks, VP & Pres of Engineered Materials Group (Age 57, Pay $1.86M)
  • Ms. Robin J. Davenport, VP of Corp. Fin.
  • Mr. M. Craig Maxwell, VP and Chief Technology & Innovation Officer (Age 62)
  • Mr. Dinu J. Parel, VP & Chief Information Officer (Age 40)
  • Mr. Michael J. O'Hara, VP of Global Sales & Marketing
  • Mr. Mark J. Hart, Exec. VP of HR & External Affairs (Age 55)

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 number of institutional and retail investors. Top institutional shareholders include Huntington National Bank (0.21%), Gateway Investment Advisers LLC (0.08%), Wedge Capital Management L L P NC (0.05%), State of Alaska Department of Revenue (0.02%), Pegasus Asset Management Inc. (0.01%) and IFM Investors Pty Ltd (0.01%). Company insiders that own Parker-Hannifin stock include Ake Svensson, Andrew D Ross, Andrew M Weeks, Candy M Obourn, Catherine A Suever, Jennifer A Parmentier, Joseph R Leonti, Joseph Scaminace, Lee C Banks, Linda S Harty, Mark J Hart, Martin C Maxwell, Robert W Malone, Roger S Sherrard, Thomas L Williams, Todd M Leombruno 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 Wedge Capital Management L L P NC, State of Alaska Department of Revenue, Boston Trust Walden Corp, Pinnacle Financial Partners Inc., Bowling Portfolio Management LLC, Crossmark Global Holdings Inc., Fruth Investment Management, and Diversified Trust Co. Company insiders that have sold Parker-Hannifin company stock in the last year include Ake Svensson, Andrew D Ross, Andrew M Weeks, Candy M Obourn, Catherine A Suever, Jennifer A Parmentier, Joseph Scaminace, Lee C Banks, Mark J Hart, Martin C Maxwell, Robert W Malone, 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 Huntington National Bank, First Hawaiian Bank, Gateway Investment Advisers LLC, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Clarius Group LLC, Clarus Wealth Advisors, and Brookstone Capital Management.
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.

What is Parker-Hannifin's stock price today?

One share of PH stock can currently be purchased for approximately $285.17.

How big of a company is Parker-Hannifin?

Parker-Hannifin has a market capitalization of $36.73 billion and generates $13.70 billion in revenue each year. The industrial products company earns $1.21 billion in net income (profit) each year or $10.79 on an earnings per share basis. Parker-Hannifin employs 50,520 workers across the globe.

What is Parker-Hannifin's official website?

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

How can I contact Parker-Hannifin?

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.

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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