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 announced 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 annualized dividend and a yield of 1.79%. 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 Corp (NYSE:PH) issued its quarterly earnings results on Thursday, April, 26th. The industrial products company reported $2.80 earnings per share for the quarter, beating analysts' consensus estimates 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%. The company's revenue for the quarter was up 20.2% on a year-over-year basis. During the same period in the prior 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 updated its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $9.95-10.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.96.

14 analysts have issued 1-year price targets for Parker-Hannifin's shares. Their forecasts range from $180.00 to $225.00. On average, they expect 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 volume of 1,129,811 shares, the short-interest ratio is presently 2.8 days. Approximately 2.4% of the company's shares 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 coverage about PH stock has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Parker-Hannifin earned a news sentiment score of 0.20 on Accern's scale. They also gave news headlines about the industrial products company an impact score of 46.10 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Parker-Hannifin's stock is owned by a number of of retail and institutional 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 $169.55.

Parker-Hannifin has a market capitalization of $22.73 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.