Parker-Hannifin Corporation (PH)

NYSE: PH · IEX Real-Time Price · USD
292.55
-0.27 (-0.09%)
Aug 8, 2022 4:00 PM EDT - Market closed
-0.09%
Market Cap 37.56B
Revenue (ttm) 15.63B
Net Income (ttm) 1.69B
Shares Out 128.37M
EPS (ttm) 12.95
PE Ratio 22.59
Forward PE 14.49
Dividend $4.42 (1.51%)
Ex-Dividend Date May 12, 2022
Volume 592,340
Open 295.56
Previous Close 292.82
Day's Range 291.12 - 296.55
52-Week Range 230.44 - 340.00
Beta 1.57
Analysts Buy
Price Target 316.71 (+8.3%)
Earnings Date Aug 4, 2022

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 Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gase... [Read more...]

Industry Machinery
Founded 1917
CEO Thomas Williams
Employees 54,640
Stock Exchange NYSE
Ticker Symbol PH
Full Company Profile

Financial Performance

In 2021, PH's revenue was $14.35 billion, an increase of 4.76% compared to the previous year's $13.70 billion. Earnings were $1.75 billion, an increase of 45.27%.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for PH stock is "Buy." The 12-month stock price forecast is 316.71, which is an increase of 8.26% from the latest price.

Price Target
$316.71
(8.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Parker-Hannifin (PH) Q4 Earnings & Revenues Beat, Up Y/Y

Parker-Hannifin's (PH) Q4 fiscal 2022 results benefit from 10% organic sales growth and 3% increase in orders.

Parker-Hannifin (PH) Surpasses Q4 Earnings and Revenue Estimates

Parker-Hannifin (PH) delivered earnings and revenue surprises of 10.49% and 2.42%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Parker Reports Fiscal 2022 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2023

Fiscal 2022 Fourth Quarter Highlights: - Sales increased 6% to a record of $4.19 billion; organic sales increased 10% - Total segment operating margin was 20.9%, or a record 22.9% adjusted - EPS were $0...

Parker Elects Rachid Bendali as Vice President and President - Engineered Materials Group

CLEVELAND, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Rachid Bendali, currently Vice President, O...

Parker Announces Retirement of Andrew M. Weeks, Vice President and President - Engineered Materials Group

CLEVELAND, July 28, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Andrew M. Weeks, Vice President and Preside...

Parker-Hannifin (PH) Earnings Expected to Grow: Should You Buy?

Parker-Hannifin (PH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

What Lies Ahead for Parker-Hannifin (PH) in Q4 Earnings?

Higher orders at the Diversified Industrial North America segment are likely to have aided Parker-Hannifin's (PH) Q4 performance, partly offset by high costs.

Parker to Announce Fiscal 2022 Fourth Quarter and Full Year Earnings on August 4th; Conference Call and Webcast Sched...

CLEVELAND, July 25, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2022 fourth qua...

Parker Confirms UK Government's Approval of the Meggitt Acquisition

CLEVELAND, July 19, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH) today welcomes the announcement from the UK's Secretary of State for Business, Energy and Industrial Strategy that, fol...

Parker Aerospace Announces Agreement with the U.S. Air Force and the Defense Logistics Agency for Five-Year Performan...

FARNBOROUGH, England--(BUSINESS WIRE)-- #Aerospace--Parker Aerospace, a business segment of Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced ...

7 Safe Dividends Stocks to Buy in July

Rising interest rates and talk of an upcoming recession have investors seeking safety in their portfolios with high dividend-paying stocks. The post 7 Safe Dividends Stocks to Buy in July appeared first...

Other symbols: ABBVBKHITWNDSNSYYUVV

PH vs. IEX: Which Stock Should Value Investors Buy Now?

PH vs. IEX: Which Stock Is the Better Value Option?

Other symbols: IEX

Here's Why Parker-Hannifin (PH) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Parker Announces Update on UK Regulatory Clearances Related to Meggitt Acquisition

- Confirms that UK Secretary of State for Business, Energy and Industrial Strategy is ‘minded to accept' its proposed undertakings on competition and national security - Confirms that UK Secretary of St...

Parker-Hannifin (PH) Exhibits Solid Prospects Amid Risks

Parker-Hannifin (PH) stands to gain from solid product demand, acquired assets and shareholder-friendly policies. Escalating costs and expenses and high debt levels remain concerns.

Parker's Latest ‘Expert Insights' Tech Talk Explores Current EV Automotive Technologies and the Future of Mobile Elec...

CLEVELAND, May 31, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, will present the latest episode of its incisive tech talk series ...

Parker-Hannifin (PH) to Sell Aircraft Wheel & Brake Unit

Parker-Hannifin's (PH) sale of Aircraft Wheel and Brake Business will enable it to better focus on its core business and help execute the previously-announced Meggitt acquisition.

Parker Signs Agreement to Divest Aircraft Wheel and Brake Division to Kaman

CLEVELAND, May 23, 2022 (GLOBE NEWSWIRE) -- Parker-Hannifin Corporation (NYSE: PH, “Parker”), the global leader in motion and control technologies, today announced that it has signed an agreement to div...

Parker Scheduled to Present at the Wolfe Research Global Transportation and Industrials Conference on May 26 at 11:30...

CLEVELAND, May 19, 2022 (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 Wolfe Res...

Why Parker-Hannifin (PH) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

The Top 5 Insider Buys of the Week

Brian Sullivan details the top 5 stocks being bought the most by company executives with their own money.

Other symbols: ALGNAONIHRTUBER

Parker Scheduled to Present at Goldman Sachs Industrials and Materials Conference on May 12 at 1:50 p.m. Eastern

CLEVELAND, May 09, 2022 (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 Goldman S...

Parker-Hannifin (PH) Q3 Earnings & Revenues Beat Estimates

Parker-Hannifin's (PH) Q3 earnings reflect gains from solid segmental results. High costs and expenses restrict margin growth.

Parker-Hannifin (PH) Surpasses Q3 Earnings and Revenue Estimates

Parker-Hannifin (PH) delivered earnings and revenue surprises of 4.77% and 0.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Parker Reports Fiscal 2022 Third Quarter Results

CLEVELAND, May 05, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2022 third quarter ended M...