Parker-Hannifin Corporation Company Profile (NYSE:PH)

Parker-Hannifin Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "PH."

Parker-Hannifin Corporation declared a quarterly dividend on Thursday, April 20th. Stockholders of record on Wednesday, May 10th will be given a dividend of $0.66 per share on Friday, June 2nd. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Monday, May 8th. View Parker-Hannifin Corporation's Dividend History.

Parker-Hannifin Corporation (NYSE:PH) released its quarterly earnings data on Thursday, April, 27th. The company reported $2.11 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.86 by $0.25. The business had revenue of $3.12 billion for the quarter, compared to analyst estimates of $3.03 billion. Parker-Hannifin Corporation had a net margin of 8.11% and a return on equity of 22.14%. The firm's quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.51 earnings per share. View Parker-Hannifin Corporation's Earnings History.

Parker-Hannifin Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Parker-Hannifin Corporation.

18 analysts have issued 1-year target prices for Parker-Hannifin Corporation's stock. Their predictions range from $109.00 to $189.00. On average, they expect Parker-Hannifin Corporation's share price to reach $158.67 in the next year. View Analyst Ratings for Parker-Hannifin Corporation.

Here are some recent quotes from research analysts about Parker-Hannifin Corporation stock:

• 1. According to Zacks Investment Research, "Over the past one year, Parker-Hannifin’s shares have outperformed the Zacks categorized Machinery - General Industrial industry’s average. The company also has a robust earnings surprise history, with consecutive earnings beats in the four trailing quarters. Parker-Hannifin expects that its revamped Win strategy will help deliver a growth rate of 8% in earnings, over the next five years. Going forward, the company expects to gain some traction from improving demand and incremental savings from its realignment actions. Parker-Hannifin has acquired CLARCOR, which will be integrated into its filtration business, helping double the sales of this unit.  Also, the company made a strategic product line addition to its Hydraulics Unit with the Helac acquisition, which will boost revenues. On the flip side, prolonged sluggishness in the natural resources market and softness in key end-markets remain major concerns for the company." (4/10/2017)
• 2. Cowen and Company analysts commented, "Updating model to reflect most recent results, outlook, and the closing of the CLARCOR transaction. Our $140 target implies 11x FY18 EV/EBITDA, in line with comps such as EMR and ETN. PH has been impressive of late in terms of strategy and execution - but we have a hard time arriving at Street for FY18 absent org. growth nearly 2x our 3.6% estimate. Not impossible but a tough baseline expectation." (3/13/2017)
• 3. Jefferies Group LLC analysts commented, "We provide a proforma model and raise our price target as higher multiple filtration grows as a percent of Parker’s business. We believe the acquisition makes strategic sense for Parker and cost synergies while not conservative should be achievable. Still, Parker paid a premium price and current valuation reflects the combined potential, in our view." (12/5/2016)

Some companies that are related to Parker-Hannifin Corporation include Roper Technologies (ROP), Ingersoll-Rand PLC (Ireland) (IR), Stanley Black & Decker (SWK), Pall (PLL), Dover Corporation (DOV), W.W. Grainger (GWW), Snap-On Incorporated (SNA), Crane Company (CR), Woodward (WWD), Spirax-Sarco Engineering plc (SPX), Weir Group PLC (WEIR), Timken Company (The) (TKR), IMI plc (IMI), Barnes Group (B), Gardner Denver Holdings (GDI), Manitowoc Food Service (WBT), KLX (KLXI) and Hillenbrand (HI).

Parker-Hannifin Corporation's management team includes the folowing people:

• Lee C. Banks, President, Chief Operating Officer, Director
• Thomas L II Williams, Chief Executive Officer, Director
• Catherine A. Suever, Acting Chief Financial Officer, Acting Principal Financial Officer, Vice President, Controller
• Mark J. Hart, Executive Vice President – Human Resources & External Affairs
• Martin Craig Maxwell, Vice President, Chief Technology and Innovation Officer
• William G. Eline, Vice President, Chief Information Officer
• Joseph R. Leonti, Vice President, General Counsel, Secretary
• Robert W. Bond, Vice President – eBusiness, IoT and Services
• Yoon Chung, Vice President and President – Automation Group
• John G. Dedinsky Jr., Vice President - Global Supply Chain and Procurement

Parker-Hannifin Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.50%), BlackRock Inc. (6.13%), State Street Corp (4.39%), Longview Partners Guernsey LTD (3.58%), Jennison Associates LLC (3.51%) and Harris Associates L P (1.92%). Company insiders that own Parker-Hannifin Corporation stock include Andrew M Weeks, Candy M Obourn, Catherine A Suever, Donald E Washkewicz, John G Dedinsky Jr, John R Greco, Jon P Marten, Klaus Peter Muller, Kurt A Keller, Lee C Banks, Martin C Maxwell, Robert W Bond, Robert W Malone, Thomas L Williams, William G Eline, William R Bowman, Wolfgang R Schmitt and Yoon Michael Chung. View Institutional Ownership Trends for Parker-Hannifin Corporation.

Parker-Hannifin Corporation's stock was sold by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Hotchkis & Wiley Capital Management LLC, Bank of Montreal Can, Vanguard Group Inc., Longview Partners Guernsey LTD, TIAA CREF Investment Management LLC, Victory Capital Management Inc. and O Shaughnessy Asset Management LLC. Company insiders that have sold Parker-Hannifin Corporation stock in the last year include Candy M Obourn, Catherine A Suever, John G Dedinsky Jr, Jon P Marten, Kurt A Keller, Lee C Banks, Martin C Maxwell, Robert W Bond, Robert W Malone, Thomas L Williams, William G Eline, William R Bowman, Wolfgang R Schmitt and Yoon Michael Chung. View Insider Buying and Selling for Parker-Hannifin Corporation.

Parker-Hannifin Corporation's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Old Mutual Global Investors UK Ltd., Jennison Associates LLC, USS Investment Management Ltd, Morgan Stanley, MARSHALL WACE ASIA Ltd and Marshall Wace North America L.P.. View Insider Buying and Selling for Parker-Hannifin Corporation.

Shares of Parker-Hannifin Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Parker-Hannifin Corporation stock can currently be purchased for approximately $159.63.