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NYSE:PHParker-Hannifin Stock Price, Forecast & News

$175.40
-0.92 (-0.52 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$174.50
Now: $175.40
$176.91
50-Day Range
$166.88
MA: $181.50
$196.30
52-Week Range
$93.00
Now: $175.40
$215.94
Volume1.20 million shs
Average Volume1.07 million shs
Market Capitalization$22.49 billion
P/E Ratio17.25
Dividend Yield2.00%
Beta1.67
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides static and dynamic sealing devices; 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; hydraulic, pneumatic, and electromechanical components and systems for builders and users of industrial and mobile machinery and equipment; and critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, as well as components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions. This segment sells its products to original equipment manufacturers and their replacement markets in manufacturing, packaging, processing, transportation, mobile 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, including control actuation systems and components, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inserting systems, hydraulic systems and components, lubrication components, pneumatic control components, power conditioning and management systems, thermal management products, and wheels and brakes. This segment markets its products directly to original equipment manufacturers and end users. The company markets its products through direct-sales employees, independent distributors, and sales representatives. Parker-Hannifin Corporation was founded in 1918 and is headquartered in Cleveland, Ohio.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.00 out of 5 stars


Industry, Sector and Symbol

Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
CUSIP70109410
Phone216-896-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.32 billion
Cash Flow$15.49 per share
Book Value$46.52 per share

Profitability

Net Income$1.51 billion

Miscellaneous

Employees55,610
Market Cap$22.49 billion
Next Earnings Date8/6/2020 (Confirmed)
OptionableOptionable

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Parker-Hannifin (NYSE:PH) Frequently Asked Questions

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

Parker-Hannifin's stock was trading at $147.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PH shares have increased by 18.8% and is now trading at $175.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Parker-Hannifin?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last year. There are currently 1 hold rating and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Parker-Hannifin.

When is Parker-Hannifin's next earnings date?

Parker-Hannifin is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Parker-Hannifin.

How were Parker-Hannifin's earnings last quarter?

Parker-Hannifin Corp (NYSE:PH) issued its quarterly earnings data on Thursday, April, 30th. The industrial products company reported $2.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.24 by $0.68. The industrial products company earned $3.70 billion during the quarter, compared to the consensus estimate of $3.56 billion. Parker-Hannifin had a return on equity of 24.30% and a net margin of 9.32%. Parker-Hannifin's revenue was up .4% on a year-over-year basis. During the same quarter last year, the firm earned $3.17 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 declared a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Friday, May 8th will be given a dividend of $0.88 per share on Friday, June 5th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, May 7th. View Parker-Hannifin's dividend history.

What price target have analysts set for PH?

15 equities research analysts have issued 12 month price targets for Parker-Hannifin's shares. Their forecasts range from $150.00 to $230.00. On average, they expect Parker-Hannifin's share price to reach $203.50 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View analysts' price targets for Parker-Hannifin.

Has Parker-Hannifin been receiving favorable news coverage?

Media headlines about PH stock have trended somewhat negative this week, according to InfoTrie. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Parker-Hannifin earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned news coverage 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 stock's share price in the next several days. View the latest news about Parker-Hannifin.

Are investors shorting Parker-Hannifin?

Parker-Hannifin saw a decline in short interest in June. As of June 30th, there was short interest totaling 1,790,000 shares, a decline of 22.2% from the June 15th total of 2,300,000 shares. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.4% of the shares of the company are sold short. View Parker-Hannifin's Current Options Chain.

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 AT&T (T), AbbVie (ABBV), Verizon Communications (VZ), Johnson & Johnson (JNJ), Walt Disney (DIS), NVIDIA (NVDA), CVS Health (CVS), UnitedHealth Group (UNH), Cisco Systems (CSCO) and 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 60)
  • Mr. Lee C. Banks, Pres, COO & Director (Age 56)
  • Ms. Catherine A. Suever, Exec. VP of Fin. & Admin. and CFO (Age 61)
  • Mr. Joseph R. Leonti, VP, Gen. Counsel & Sec. (Age 47)
  • Mr. Robert W. Malone, VP & Pres of Filtration Group (Age 56)

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 many different retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.07%), Wedge Capital Management L L P NC (0.06%), Manning & Napier Group LLC (0.04%), DNB Asset Management AS (0.02%), State of Alaska Department of Revenue (0.02%) and Carnegie Capital Asset Management LLC (0.01%). Company insiders that own Parker-Hannifin stock include 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, Robert G Bohn, 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 DNB Asset Management AS, Carnegie Capital Asset Management LLC, and Farmers Trust Co.. Company insiders that have sold Parker-Hannifin company stock in the last year include Andrew D Ross, Andrew M Weeks, Catherine A Suever, Jennifer A Parmentier, Joseph R Leonti, Joseph Scaminace, Lee C Banks, Mark J Hart, Thomas L Williams, and William R Bowman. View insider buying and selling activity for Parker-Hannifin.

Which institutional investors are buying Parker-Hannifin stock?

PH stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Wedge Capital Management L L P NC, Municipal Employees Retirement System of Michigan, Courier Capital LLC, Manning & Napier Group LLC, Hummer Financial Advisory Services Inc, Groesbeck Investment Management Corp NJ, and Rockland Trust Co.. Company insiders that have bought Parker-Hannifin stock in the last two years include Linda S Harty, and Robert G Bohn. View insider buying and selling activity for Parker-Hannifin.

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 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 $175.40.

How big of a company is Parker-Hannifin?

Parker-Hannifin has a market capitalization of $22.49 billion and generates $14.32 billion in revenue each year. The industrial products company earns $1.51 billion in net income (profit) each year or $11.85 on an earnings per share basis. Parker-Hannifin employs 55,610 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 7/11/2020 by MarketBeat.com Staff

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