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 declared a quarterly dividend on Thursday, April 19th. Shareholders 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 1.88%. The ex-dividend date is Wednesday, May 9th. This is an increase from Parker-Hannifin's previous quarterly dividend of $0.66. View Parker-Hannifin's Dividend History.

Parker-Hannifin Corp (NYSE:PH) posted its earnings results on Thursday, April, 26th. The industrial products company reported $2.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.62 by $0.18. The industrial products company had revenue of $3.75 billion for the quarter, compared to analysts' expectations of $3.67 billion. Parker-Hannifin had a net margin of 7.16% and a return on equity of 23.63%. The company's quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter last year, the business earned $2.11 EPS. 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 earnings per share guidance of $9.95-10.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $9.96.

16 analysts have issued 1-year price objectives for Parker-Hannifin's stock. Their predictions range from $164.00 to $225.00. On average, they anticipate Parker-Hannifin's stock price to reach $190.3333 in the next year. This suggests a possible upside of 17.4% from the stock's current price. View Analyst Ratings for Parker-Hannifin.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last year. There are currently 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

News stories about PH stock have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Parker-Hannifin earned a news impact score of 0.01 on Accern's scale. They also assigned news headlines about the industrial products company an impact score of 46.10 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Parker-Hannifin's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.26%), Retirement Systems of Alabama (0.05%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), Cibc Bank USA (0.03%), DnB Asset Management AS (0.02%) and Central Bank & Trust Co. (0.02%). 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 Selz Capital LLC, Westpac Banking Corp, Central Bank & Trust Co., Fjarde AP Fonden Fourth Swedish National Pension Fund, Union Bankshares Corp, Amalgamated Bank, Smithfield Trust Co. and Retirement Systems of Alabama. 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 Bank of Montreal Can, Cibc Bank USA, Carderock Capital Management Inc., IFM Investors Pty Ltd, Campbell & CO Investment Adviser LLC, DnB Asset Management AS and Atria Investments 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 $162.10.

Parker-Hannifin has a market capitalization of $20.97 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.