Parker-Hannifin Corporation (PH)

NYSE: PH · Real-Time Price · USD
696.49
-4.41 (-0.63%)
Dec 4, 2024, 4:00 PM EST - Market closed
-0.63%
Market Cap 89.65B
Revenue (ttm) 19.99B
Net Income (ttm) 2.89B
Shares Out 128.72M
EPS (ttm) 22.19
PE Ratio 31.39
Forward PE 25.18
Dividend $6.52 (0.94%)
Ex-Dividend Date Nov 8, 2024
Volume 390,577
Open 699.31
Previous Close 700.90
Day's Range 692.71 - 699.31
52-Week Range 431.98 - 712.42
Beta 1.43
Analysts Buy
Price Target 680.06 (-2.36%)
Earnings Date Oct 31, 2024

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]

Sector Industrials
Founded 1917
Employees 62,730
Stock Exchange NYSE
Ticker Symbol PH
Full Company Profile

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 Statements

Analyst Forecast

According to 17 analysts, the average rating for PH stock is "Buy." The 12-month stock price forecast is $680.06, which is a decrease of -2.36% from the latest price.

Price Target
$680.06
(-2.36% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 weeks ago - GlobeNewsWire

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.

4 weeks ago - Business Wire

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - Seeking Alpha

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

4 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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 ...

3 months ago - GuruFocus

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...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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.

4 months ago - Investopedia

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.

4 months ago - Barrons

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

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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.

4 months ago - Business Wire

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...

4 months ago - GlobeNewsWire

Parker Elects E. Jean Savage to its Board of Directors

CLEVELAND, July 10, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the election of E. Jean Savage to its Board o...

5 months ago - GlobeNewsWire

Aircraft Seals Market Companies Projected to Show Strong Growth | SKF (Sweden) and Parker Hannifin (US) are the Key Players

Chicago, June 28, 2024 (GLOBE NEWSWIRE) -- The Aircraft Seals Market Size is projected to grow from USD 3.1 Billion in 2023 to USD 3.8 Billion by 2028, at a CAGR of 4.1% from 2023 to 2028. Aircraft se...

5 months ago - GlobeNewsWire

Kaon Interactive Powers Parker Hannifin's Digital Transformation to Drive Market Segment Growth

HOUSTON , June 26, 2024 /PRNewswire/ -- Kaon Interactive , the leader in interactive marketing and sales applications for global B2B companies, is proud to announce its partnership with Parker Hannifi...

5 months ago - PRNewsWire

Parker-Hannifin: 'ETF-Like' Industrial Dividend Giant Poised For Long-Term Gains

Parker-Hannifin Corp. is a powerhouse in the industrial sector with significant aerospace exposure and diversified industrial products. The company has shown impressive growth driven by strategic init...

6 months ago - Seeking Alpha