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 paid a dividend of $0.76 per share on Friday, June 1st. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.85%. 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 EPS for the quarter, topping the consensus estimate of $2.62 by $0.18. The industrial products company earned $3.75 billion during the quarter, compared to the consensus estimate of $3.67 billion. Parker-Hannifin had a return on equity of 23.63% and a net margin of 7.16%. The company's quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.11 earnings per share. 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 estimate of $9.96.

14 brokerages have issued twelve-month target prices for Parker-Hannifin's shares. Their forecasts range from $180.00 to $225.00. On average, they expect Parker-Hannifin's stock price to reach $197.8571 in the next year. View Analyst Ratings for Parker-Hannifin.

Parker-Hannifin saw a increase in short interest in 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 trading volume of 1,129,811 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.4% of the company's shares are short sold. 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), ZK International Group (ZKIN), ARC Group WorldWide (ARCW), Hebron Technology (HEBT), NF Energy Saving (NFEC), Highway (HIHO) and Shengkai Innovations, Inc. Common Stock (VALV).

Media stories about PH stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Parker-Hannifin earned a news impact score of 0.18 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 47.89 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Parker-Hannifin's stock is owned by many different of institutional and retail 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 $164.47.

Parker-Hannifin has a market capitalization of $22.54 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.