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NYSE:PHParker-Hannifin Stock Price, Forecast & News

$179.97
+1.15 (+0.64 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$176.44
Now: $179.97
$182.08
50-Day Range
$126.00
MA: $151.01
$183.69
52-Week Range
$93.00
Now: $179.97
$215.94
Volume1.75 million shs
Average Volume1.40 million shs
Market Capitalization$23.08 billion
P/E Ratio17.70
Dividend Yield1.97%
Beta1.65
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: 2.4Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.95 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$15.68 per share
Book Value$49.19 per share

Profitability

Net Income$1.51 billion

Miscellaneous

Employees55,610
Market Cap$23.08 billion
Next Earnings Date8/6/2020 (Estimated)
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 Coronavirus reached pandemic status according to the World Health Organization. Since then, PH stock has increased by 21.9% and is now trading at $179.97. View which stocks have been most impacted by Coronavirus.

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

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parker-Hannifin in the last year. There are currently 3 hold ratings and 13 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) posted its quarterly earnings data on Thursday, April, 30th. The industrial products company reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.68. The industrial products company had revenue of $3.70 billion for the quarter, compared to analysts' expectations of $3.56 billion. Parker-Hannifin had a return on equity of 24.30% and a net margin of 9.32%. The company's quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.17 EPS. 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, April 22nd. Investors of record on Friday, May 8th will be paid a dividend of $0.88 per share on Friday, June 5th. This represents a $3.52 annualized dividend and a dividend yield of 1.96%. 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?

16 brokerages have issued 1-year price targets for Parker-Hannifin's stock. Their forecasts range from $150.00 to $230.00. On average, they anticipate Parker-Hannifin's stock price to reach $189.36 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View analysts' price targets for Parker-Hannifin.

Has Parker-Hannifin been receiving favorable news coverage?

Media coverage about PH stock has been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. 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 -1.4 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the near term. View the latest news aboutParker-Hannifin.

Are investors shorting Parker-Hannifin?

Parker-Hannifin saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,960,000 shares, a drop of 23.1% from the April 30th total of 2,550,000 shares. Based on an average daily volume of 1,660,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.5% of the company's shares are short sold. 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (6.72%), Longview Partners Guernsey LTD (5.22%), Capital World Investors (4.35%), JPMorgan Chase & Co. (4.20%), State Street Corp (3.94%) and Aristotle Capital Management LLC (2.91%). 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 Capital World Investors, JPMorgan Chase & Co., Loomis Sayles & Co. L P, Alyeska Investment Group L.P., Nuveen Asset Management LLC, AQR Capital Management LLC, Robeco Institutional Asset Management B.V., and Morgan Stanley. 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, Robert W Malone, 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 acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, BlackRock Inc., The Manufacturers Life Insurance Company , Fort Washington Investment Advisors Inc. OH, Aristotle Capital Management LLC, Bessemer Group Inc., Swiss National Bank, and Korea Investment CORP. 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 $179.97.

How big of a company is Parker-Hannifin?

Parker-Hannifin has a market capitalization of $23.08 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 5/30/2020 by MarketBeat.com Staff

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