NYSE:PH - Parker-Hannifin Stock Price, News, & Analysis

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

Parker-Hannifin declared a quarterly dividend on Wednesday, October 24th. Investors of record on Friday, November 9th will be paid a dividend of $0.76 per share on Friday, December 7th. This represents a $3.04 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend is Thursday, November 8th. View Parker-Hannifin's Dividend History.

Parker-Hannifin Corp (NYSE:PH) announced its earnings results on Thursday, November, 1st. The industrial products company reported $2.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.53 by $0.31. The industrial products company earned $3.48 billion during the quarter, compared to analyst estimates of $3.54 billion. Parker-Hannifin had a net margin of 7.98% and a return on equity of 25.49%. The firm's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.24 earnings per share. View Parker-Hannifin's Earnings History.

Parker-Hannifin is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Parker-Hannifin.

Parker-Hannifin updated its FY19 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $11.10-11.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $11.42. Parker-Hannifin also updated its FY 2019 guidance to $11.10-11.70 EPS.

19 analysts have issued 1 year price targets for Parker-Hannifin's shares. Their predictions range from $164.00 to $212.00. On average, they expect Parker-Hannifin's share price to reach $186.7059 in the next year. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for Parker-Hannifin.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last year. There are currently 2 sell ratings, 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Parker-Hannifin.

Media coverage about PH stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Parker-Hannifin earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.

Parker-Hannifin saw a decline in short interest in October. As of October 31st, there was short interest totalling 1,720,352 shares, a decline of 39.0% from the October 15th total of 2,820,077 shares. Based on an average daily volume of 1,657,166 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.3% of the shares of the company are sold short. View Parker-Hannifin's Current Options Chain.

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), NF Energy Saving (NFEC), ZK International Group (ZKIN), Hebron Technology (HEBT), Highway (HIHO) and Shengkai Innovations (VALV).

Parker-Hannifin's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.16%), Capital World Investors (5.64%), Jennison Associates LLC (3.13%), Longview Partners Guernsey LTD (3.00%), JPMorgan Chase & Co. (2.22%) and Janus Henderson Group PLC (1.80%). 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 Jennison Associates LLC, PNC Financial Services Group Inc., Deutsche Bank AG, FMR LLC, Schroder Investment Management Group, Mitsubishi UFJ Trust & Banking Corp, American Century Companies Inc. and Janus Henderson Group PLC. 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, Linda S Harty, Robert W Bond, Robert W Malone, Roger S Sherrard, Thomas C Gentile and William R Bowman. View Insider Buying and Selling for Parker-Hannifin.

PH stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., Victory Capital Management Inc., Loomis Sayles & Co. L P, JPMorgan Chase & Co., Capital World Investors, CI Investments Inc. and Alliancebernstein L.P.. 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 $166.72.

Parker-Hannifin has a market capitalization of $21.84 billion and generates $14.30 billion in revenue each year. The industrial products company earns $1.06 billion in net income (profit) each year or $10.42 on an earnings per share basis. Parker-Hannifin employs 57,170 workers across the globe.

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

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.