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NYSE:PH

Parker-Hannifin Stock Forecast, Price & News

$311.66
+6.26 (+2.05%)
(As of 12/6/2021 04:00 PM ET)
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Compare
Today's Range
$307.11
$314.51
50-Day Range
$279.62
$334.00
52-Week Range
$247.41
$334.98
Volume
710,313 shs
Average Volume
870,722 shs
Market Capitalization
$40.05 billion
P/E Ratio
21.81
Dividend Yield
1.35%
Beta
1.72
30 days | 90 days | 365 days | Advanced Chart
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Parker-Hannifin logo

About Parker-Hannifin

Parker-Hannifin Corp. engages in the manufacture of motion and control technologies and systems. It operates through Diversified Industrial and Aerospace segments. The Diversified Industrial segment sells products to both original equipment manufacturers and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, mobile construction, refrigeration and air conditioning, agricultural and military machinery, and equipment industries. The Aerospace segment offers products primarily in the commercial and military aerospace markets to both OEMs and to end users for spares, maintenance, repair, and overhaul. The company was founded by Arthur L. Parker in 1918 and is headquartered in Cleveland, OH.

Headlines

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Industry, Sector and Symbol

Industry
Miscellaneous fabricated metal products
Sub-Industry
Industrial Machinery
CUSIP
70109410
Employees
54,640
Year Founded
1917

Sales & Book Value

Annual Sales
$14.35 billion
Cash Flow
$20.29 per share
Book Value
$66.19 per share

Profitability

Net Income
$1.75 billion
Pretax Margin
16.17%

Debt

Price-To-Earnings

Miscellaneous

Free Float
126,626,000
Market Cap
$40.05 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend
11/10/2021
Dividend Payable
12/03/2021
Today
12/06/2021
Next Earnings (Estimated)
2/03/2022
Fiscal Year End
6/30/2022

Social Links


MarketRank

Overall MarketRank

2.94 out of 5 stars

Industrial Products Sector

27th out of 246 stocks

Miscellaneous Fabricated Metal Products Industry

2nd out of 13 stocks

Analyst Opinion: 3.4Community Rank: 4.4Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Parker-Hannifin (NYSE:PH) Frequently Asked Questions

Is Parker-Hannifin a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Parker-Hannifin stock.
View analyst ratings for Parker-Hannifin
or view top-rated stocks.

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

Parker-Hannifin's stock was trading at $147.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PH stock has increased by 111.1% and is now trading at $311.66.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Parker-Hannifin?

Parker-Hannifin saw a drop in short interest in the month of October. As of October 29th, there was short interest totaling 872,600 shares, a drop of 29.6% from the October 14th total of 1,240,000 shares. Based on an average daily volume of 864,900 shares, the short-interest ratio is presently 1.0 days. Currently, 0.7% of the company's shares are sold short.
View Parker-Hannifin's Short Interest
.

When is Parker-Hannifin's next earnings date?

Parker-Hannifin is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for Parker-Hannifin
.

How were Parker-Hannifin's earnings last quarter?

Parker-Hannifin Co. (NYSE:PH) issued its quarterly earnings data on Thursday, November, 4th. The industrial products company reported $4.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.68 by $0.58. The industrial products company earned $3.76 billion during the quarter, compared to analysts' expectations of $3.64 billion. Parker-Hannifin had a net margin of 12.60% and a trailing twelve-month return on equity of 27.02%. Parker-Hannifin's revenue was up 16.5% compared to the same quarter last year. During the same quarter last year, the firm posted $3.07 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 announced a quarterly dividend on Wednesday, October 27th. Shareholders of record on Friday, November 12th will be paid a dividend of $1.03 per share on Friday, December 3rd. This represents a $4.12 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Wednesday, November 10th.
View Parker-Hannifin's dividend history
.

Is Parker-Hannifin a good dividend stock?

Parker-Hannifin pays an annual dividend of $4.12 per share and currently has a dividend yield of 1.35%. Parker-Hannifin does not yet have a strong track record of dividend growth. The dividend payout ratio of Parker-Hannifin is 28.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Parker-Hannifin will have a dividend payout ratio of 21.99% next year. This indicates that Parker-Hannifin will be able to sustain or increase its dividend.
View Parker-Hannifin's dividend history.

What guidance has Parker-Hannifin issued on next quarter's earnings?

Parker-Hannifin issued an update on its FY 2022 earnings guidance on Thursday, November, 25th. The company provided EPS guidance of $16.950-$17.650 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $16.900. The company issued revenue guidance of -.

What price target have analysts set for PH?

14 equities research analysts have issued 12-month price targets for Parker-Hannifin's stock. Their forecasts range from $300.00 to $440.00. On average, they anticipate Parker-Hannifin's share price to reach $358.21 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price.
View analysts' price targets for Parker-Hannifin
or view top-rated stocks among Wall Street analysts.

Who are Parker-Hannifin's key executives?

Parker-Hannifin's management team includes the following people:
  • Thomas L. Williams, Chairman & Chief Executive Officer
  • Lee C. Banks, Vice Chairman & President
  • Jennifer A. Parmentier, Chief Operating Officer
  • Todd M. Leombruno, Chief Financial Officer & Executive Vice President
  • Dinu Parel, Chief Digital & Information Officer, VP

What is Tom Williams' approval rating as Parker-Hannifin's CEO?

442 employees have rated Parker-Hannifin CEO Tom Williams on Glassdoor.com. Tom Williams has an approval rating of 76% among Parker-Hannifin's employees.

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 Johnson & Johnson (JNJ), AT&T (T), NVIDIA (NVDA), Verizon Communications (VZ), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), QUALCOMM (QCOM), CVS Health (CVS) and Home Depot (HD).

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 Viking Global Investors LP (2.41%), Geode Capital Management LLC (1.75%), Maj Invest Holding A S (1.07%), Victory Capital Management Inc. (0.92%), Goldman Sachs Group Inc. (0.90%) and Dimensional Fund Advisors LP (0.86%). Company insiders that own Parker-Hannifin stock include Ake Svensson, Andrew D Ross, Andrew M Weeks, Candy M Obourn, Catherine A Suever, Erwan Faiveley, Jennifer A Parmentier, Joseph Scaminace, Lee C Banks, Linda S Harty, Mark J Hart, Mark T Czaja, Martin C Maxwell, Robert W Malone, Roger S Sherrard, Thomas L Williams 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 Capital World Investors, Nordea Investment Management AB, Wellington Management Group LLP, Public Sector Pension Investment Board, Morgan Stanley, Neuberger Berman Group LLC, Jane Street Group LLC, and Bank of Nova Scotia. Company insiders that have sold Parker-Hannifin company stock in the last year include Andrew D Ross, Andrew M Weeks, Erwan Faiveley, Lee C Banks, Linda S Harty, Mark J Hart, Mark T Czaja, Roger S Sherrard, and Thomas L Williams.
View insider buying and selling activity for Parker-Hannifin
or view top insider-selling stocks.

Which institutional investors are buying Parker-Hannifin stock?

PH stock was acquired by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Alliancebernstein L.P., Invesco Ltd., EP Wealth Advisors LLC, Senator Investment Group LP, Maj Invest Holding A S, Renaissance Technologies LLC, and Moors & Cabot Inc..
View insider buying and selling activity for Parker-Hannifin
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Parker-Hannifin's stock price today?

One share of PH stock can currently be purchased for approximately $311.66.

How much money does Parker-Hannifin make?

Parker-Hannifin has a market capitalization of $40.05 billion and generates $14.35 billion in revenue each year. The industrial products company earns $1.75 billion in net income (profit) each year or $14.29 on an earnings per share basis.

How many employees does Parker-Hannifin have?

Parker-Hannifin employs 54,640 workers across the globe.

Does Parker-Hannifin have any subsidiaries?

The following companies are subsidiares of Parker-Hannifin: Acadia Elastomers Corporation, Acofab, Advanced Products Company, AirTek, Alenco (Holdings) Limited, Altair (UK) Limited, Altair Filter Technology Inc., Atenas, Atlantic Tubing, BHA Altair LLC, Baldwin Filters (Aust) Pty Ltd, Baldwin Filters Inc., Bayside Controls, Byron Valve, CBL Systems, CLARCOR Inc., CLARCOR International Investments C.V., CLARCOR Total Filtration Inc., Cabett Subsea, Clarcor Air Filtration Products Inc., Clarcor Filtration (China) Co Ltd, Clarcor International Investments LLC, Clark Filter Inc., Commercial Intertech, Commercial Intertech Holdings Limited, Denison International, Domnick Hunter Fabrication Limited, Domnick Hunter Group, Domnick Hunter Group Limited, EMFCO Holdings Incorporated, Exotic Metals, Extrudit, Filtran Aftermarket Products, Finn-Filter Oy, General Valve Corporation, HDA Acessorios e Equipamentos, HTR Holding, Hanil Hydraulics, Hargraves Technology, Haser Elektronik, Helac Corp., Herl Company, Hydraulik-Ring, Hydroflex, Ingenieria y Servicios Metalcrom, Jaeger Automobil-Technik GmbH & Co KG, Kay Pneumatics, Kenmore International, Kittiwake Developments Limited, Kuroda Pneumatics, LORD Corporation, Legris, Markwel Hose Industries, Micro Thermo Technologies, Mitos Technologies, Olaer Group, Olaer Group Limited, Origa Group, PECOFacet (Asia Pacific) Sdn. Bhd., PECOFacet (Canada) ULC, PECOFacet (Holland) B.V., PG Square LLC, PGI International, Page International, Parker Canada Holding Co., Parker Hannifin (Australia) Pty. Limited, Parker Hannifin (Barbados) SRL, Parker Hannifin (Bermuda) Ltd., Parker Hannifin (GB) Limited, Parker Hannifin (Gibraltar) Acquisitions Limited, Parker Hannifin (Gibraltar) Holding Limited, Parker Hannifin (Gibraltar) Properties Limited, Parker Hannifin (Holdings) Limited, Parker Hannifin (Luxembourg) S.a.r.l., Parker Hannifin (Norway) Holdings AS, Parker Hannifin 2007 LLP, Parker Hannifin ACD Europe LLC, Parker Hannifin Aktiebolag, Parker Hannifin Australia Assets Pty Limited, Parker Hannifin Australia Holding Pty Limited, Parker Hannifin B.V., Parker Hannifin Bermuda Luxembourg S.C.S., Parker Hannifin CFA LLC, Parker Hannifin Canada, Parker Hannifin Cartera Industrial S.L., Parker Hannifin Cartera Industrial S.L. Bilboa (Espagne) succursale de Carouge, Parker Hannifin Connectors Ltd., Parker Hannifin EMEA S.a.r.l., Parker Hannifin España S.L., Parker Hannifin Europe S.à r.l., Parker Hannifin Filtration (Houston) LLC, Parker Hannifin Filtration (US) Inc., Parker Hannifin Fluid Power Systems & Components (Shanghai) Co. Ltd., Parker Hannifin France Finance SAS, Parker Hannifin France Holding SAS, Parker Hannifin France SAS, Parker Hannifin Ges.m.b.H., Parker Hannifin Global Capital Management S.a.r.l., Parker Hannifin GmbH, Parker Hannifin Holding EMEA S.a.r.l., Parker Hannifin Holding GmbH, Parker Hannifin Hong Kong Ltd., Parker Hannifin Hydraulics (Shanghai) Co. Ltd., Parker Hannifin Hydraulics (Tianjin) Co. Ltd, Parker Hannifin India Private Ltd., Parker Hannifin Industrial (M) Sdn Bhd, Parker Hannifin Industrial s.r.o., Parker Hannifin Industries Limited, Parker Hannifin Industries and Assets Holding S.L., Parker Hannifin Indústria e Comércio Ltda., Parker Hannifin Italy S.R.L., Parker Hannifin Japan Holdings GK, Parker Hannifin Japan Ltd., Parker Hannifin Limited, Parker Hannifin Lux FinCo S.a.r.l., Parker Hannifin Lux Finco S.à.r.l. FZ LLC - UAE Branch, Parker Hannifin Luxembourg Acquisitions S.a.r.l., Parker Hannifin Luxembourg Finance S.à r.l., Parker Hannifin Luxembourg Investments 1 S.a.r.l., Parker Hannifin Manufacturing (Ireland) Limited, Parker Hannifin Manufacturing (UK) Limited, Parker Hannifin Manufacturing Finland Oy, Parker Hannifin Manufacturing France SAS, Parker Hannifin Manufacturing Germany GmbH & Co. KG, Parker Hannifin Manufacturing Holding Belgium SPRL, Parker Hannifin Manufacturing Holding Czech Republic s.r.o., Parker Hannifin Manufacturing Holding Denmark ApS, Parker Hannifin Manufacturing Holding Italy srl, Parker Hannifin Manufacturing Limited, Parker Hannifin Manufacturing Netherlands (Process Filtration) B.V., Parker Hannifin Manufacturing Sweden AB, Parker Hannifin Manufacturing Switzerland SA, Parker Hannifin Manufacturing srl, Parker Hannifin Motion & Control (Shanghai) Co. Ltd., Parker Hannifin Motion & Control (Wuxi) Company Ltd, Parker Hannifin Netherlands Holdings 2 B.V., Parker Hannifin Netherlands Holdings B.V., Parker Hannifin Partner I GP, Parker Hannifin Partner II GP, Parker Hannifin Partnership S.C.S., Parker Hannifin Singapore Private Limited, Parker Hannifin VAS Netherlands B.V., Parker Hannifin de Mexico S.A. de C.V., Parker Hareket ve Kontrol Sistemleri Tic. Ltd. Şti., Parker Industrial S. de R.L. de C.V., Parker Intangibles LLC, Parker International Capital Management Hungary Limited Liability Company, Parker Italy (PH Espana Holding) LLC, Parker Italy Holding LLC, Parker Korea Ltd., Parker Olaer Holdings LLC, Parker Ontario Holding Inc., Parker Royalty Partnership, Parker Seal de Mexico, Parker-Hannifin International Corp., Perry Holdings de Mexico S. de R.L. de C.V., Phyre Technologies, Polyflex Schwarz Group, Porter Instrument Company, Power Components of Midwest, PpTek, President Engineering Group, Purolator Facet Inc., Rayco (Wuxi) Technologies Co. Ltd., Rayco Technologies, Rectus, S.B.C. Elettronica, SAES-Parker UHP Components, SSD Drives Inc, SSD Drives India, SSD Drives Limited, SSD Korea, Scan Subsea, SciLog, Sea Recovery, Shaw Aero Devices, Silver Cloud Manufacturing, Snap-tite Inc, Sporlan Valve, SprayCool, Sterling Hydraulics, Symetrics, T Squared Manufacturing, TAIYO Ltd, Taiyo Ltd., TexLoc, Texas Thermowell, Titan Industries, Total Filtration Services Inc., TransWeb LLC., Trilogy Systems, Twin Filter B.V., United Air Specialists Inc., VOAC Hydraulics, Vansco Electronics, Velcon Filters, Veriflo, Webb Enterprises, Winco Enterprises Inc., and Wynn's International.

When was Parker-Hannifin founded?

Parker-Hannifin was founded in 1917.

What is Parker-Hannifin's official website?

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

Where are Parker-Hannifin's headquarters?

Parker-Hannifin is headquartered at 6035 PARKLAND BOULEVARD, CLEVELAND OH, 44124.

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 or via fax at 216-896-4000.


This page was last updated on 12/6/2021 by MarketBeat.com Staff

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