Parker-Hannifin Corporation (PH)
| Market Cap | 87.33B |
| Revenue (ttm) | 19.99B |
| Net Income (ttm) | 2.89B |
| Shares Out | 128.72M |
| EPS (ttm) | 22.19 |
| PE Ratio | 30.57 |
| Forward PE | 24.50 |
| Dividend | $6.52 (0.96%) |
| Ex-Dividend Date | Nov 8, 2024 |
| Volume | 440,523 |
| Open | 677.83 |
| Previous Close | 669.46 |
| Day's Range | 673.00 - 680.00 |
| 52-Week Range | 463.16 - 712.42 |
| Beta | 1.45 |
| Analysts | Strong Buy |
| Price Target | 718.73 (+5.94%) |
| Earnings Date | Jan 30, 2025 |
About PH
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers various motion-control systems and components, such as active and passive vibration control, high purity sealing, coatings, high temperature sealing, cryogenic valves and fittings, HVAC/R controls and monitoring, elastomeric, fabric reinforced, metal, precisi... [Read more]
Financial Performance
In 2024, Parker-Hannifin's revenue was $19.93 billion, an increase of 4.53% compared to the previous year's $19.07 billion. Earnings were $2.84 billion, an increase of 36.55%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for PH stock is "Strong Buy." The 12-month stock price forecast is $718.73, which is an increase of 5.94% from the latest price.
News
Parker Hannifin, 3M and six other manufacturing stocks likely to grow in 2025
Despite the US economy showing resilience with strong GDP growth, manufacturing stocks have lagged behind broader market indices, but analysts believe the sector is poised for a turnaround in 2025.
Parker-Hannifin: High Flyer Benefiting From Strong Sentiment
Parker-Hannifin is a leader in motion and control technologies, with a diversified portfolio serving industrial and aerospace sectors, boasting strong historical financial performance. PH benefits fro...
Parker-Hannifin: An Industrial Giant Who Deserves A Place In My Portfolio
The stock of Parker-Hannifin is on a robust long term upward trend. Over the past five years, it has gained 207%, while in 2024 it reached new all-time highs, achieving a maximum return of +54%. At cu...
Highest Quality Dividend Kings For 2025
Only 11 Dividend Kings outperformed the S&P 500 during the last decade based on Total Return. 5 Dividend Kings earn the rank of "High Quality" based on my custom quantitative model. Using a variation ...
Parker Scheduled to Present at Robert W. Baird Global Industrial Conference on November 13 at 10:50 a.m.
CLEVELAND, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Robert...
SK Capital Closes Acquisition of North America Composites & Fuel Containment Division from Parker Hannifin; Changes Name to Axillon Aerospace
NEW YORK--(BUSINESS WIRE)--SK Capital Closes Acquisition of North America Composites & Fuel Containment Division from Parker Hannifin; Changes Name to Axillon Aerospace.
Parker Completes Divestiture of North America Composites & Fuel Containment Division
CLEVELAND, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced it has completed the previously announced div...
Parker-Hannifin Corporation (PH) Q1 2025 Earnings Call Transcript
Parker-Hannifin Corporation (NYSE:PH) Q1 2025 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Todd Leombruno - Chief Financial Officer Jenny Parmentier - Chairman & Chief E...
Parker Reports Fiscal 2025 First Quarter Results
Record sales, segment operating margin and earnings per share; EPS outlook increased Record sales, segment operating margin and earnings per share; EPS outlook increased
Parker Declares Quarterly Cash Dividend
CLEVELAND, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a re...
Parker to Announce Fiscal 2025 First Quarter Earnings on October 31; Conference Call and Webcast Scheduled for 11 a.m. Eastern
CLEVELAND, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2025 first qu...
Parker to Webcast Annual Meeting of Shareholders on October 23 at 9:00 a.m. Eastern
CLEVELAND, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Sh...
Parker-Hannifin: Shares Continue Flying, But Still Grounded In Solid Fundamentals
Parker-Hannifin's shares are up nearly 22% since my initial write-up, thanks to strong Q3 and Q4 results, exceeding analyst expectations. The Aerospace Systems segment saw a record year with 19% organ...
Parker Hannifin: A Boring Business Printing Money
Peter Lynch's "One Up On Wall Street" remains one of the best investing books ever written for beginners. Among other teachings, one of the greatest lessons for investors is that one does not have to ...
Parker-Hannifin: The Swiss Army Knife Of Industrial Stocks
The current market is mixed, with declining manufacturing sentiment but strong services. This puts the economy in a precarious but not dire situation. Parker-Hannifin excels amid this uncertainty, dri...
Parker Scheduled to Present at the Jefferies Industrials Conference on September 5 at 11:00 a.m. Eastern Time
CLEVELAND, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Jeffer...
Parker-Hannifin: Premium Dividend Growth At A Premium Price
Parker-Hannifin has crushed both its peers in the Industrials sector and the broader market, delivering impressive returns driven by strategic acquisitions. Despite rock-solid financial metrics, the c...
Parker-Hannifin Corporation (PH) Q4 2024 Earnings Call Transcript
Parker-Hannifin Corporation (NYSE:PH) Q4 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Todd Leombruno - EVP and CFO Jennifer Parmentier - Chairman and CEO Conference C...
Parker-Hannifin Stock Jumps 11% as Strong Aerospace Sales Boost Earnings
Shares of electronic equipment manufacturer Parker-Hannifin (PH) soared 11% Thursday after the electronic equipment manufacturer reported strong quarterly results.
Parker Hannifin Earnings Show It's Possible to Grow in a Tough Economy
Tech supplier Parker Hannifin crushed estimates for the fiscal fourth quarter, and shares are soaring.
Parker Reports Fiscal 2024 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2025
Strong Fourth Quarter Caps Record Year; Guidance and FY29 Targets Point to Bright Future Strong Fourth Quarter Caps Record Year; Guidance and FY29 Targets Point to Bright Future
The Final Peak Week Of The Q2 Season Begins Amid Souring Economic Data
This marks the last peak week of the Q2 earnings season with 3,908 companies expected to report. Earnings have come in better-than-expected, but tend to be overshadowed by economic data. Outlier earni...
Parker to Announce Fiscal 2024 Fourth Quarter and Full Year Earnings on August 8th; Conference Call and Webcast Scheduled for 11 a.m. Eastern
CLEVELAND, July 31, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 fourth q...
SK Capital Announces Agreement to Acquire North America Composites & Fuel Containment Division from Parker Hannifin Corporation
NEW YORK--(BUSINESS WIRE)--SK Capital Announces Agreement to Acquire North America Composites & Fuel Containment Division from Parker Hannifin Corporation.
Parker Agrees to Sell North America Composites & Fuel Containment Division
CLEVELAND, July 29, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced it has signed an agreement to divest its Nort...