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 annualized dividend and a yield of 1.77%. The ex-dividend date is Thursday, November 8th. View Parker-Hannifin's Dividend History.

Parker-Hannifin Corp (NYSE:PH) released its quarterly earnings results on Thursday, November, 1st. The industrial products company reported $2.84 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.53 by $0.31. The industrial products company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.54 billion. Parker-Hannifin had a return on equity of 25.49% and a net margin of 7.98%. The business's revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.24 EPS. 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 estimate of $11.42. Parker-Hannifin also updated its FY 2019 guidance to $11.10-11.70 EPS.

19 brokers have issued 12-month target prices for Parker-Hannifin's shares. Their forecasts range from $164.00 to $212.00. On average, they expect Parker-Hannifin's stock price to reach $186.7059 in the next twelve months. This suggests a possible upside of 9.0% 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 headlines about PH stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Parker-Hannifin earned a news sentiment score of 3.2 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.

Parker-Hannifin saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,720,352 shares, a drop 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 short-interest ratio is currently 1.0 days. Approximately 1.3% of the shares of the stock 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), NF Energy Saving (NFEC), ARC Group WorldWide (ARCW), ZK International Group (ZKIN), Hebron Technology (HEBT), Highway (HIHO) and Shengkai Innovations (VALV).

Parker-Hannifin's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 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., AQR Capital Management LLC, Capital World Investors and CI Investments Inc.. 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 $171.31.

Parker-Hannifin has a market capitalization of $22.67 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.