Parker-Hannifin Corporation (PH)

NYSE: PH · IEX Real-Time Price · USD
434.83
-3.32 (-0.76%)
At close: Dec 5, 2023, 4:00 PM
434.82
-0.01 (0.00%)
After-hours: Dec 5, 2023, 7:42 PM EST
-0.76%
Market Cap 56.29B
Revenue (ttm) 19.68B
Net Income (ttm) 2.35B
Shares Out 128.48M
EPS (ttm) 18.03
PE Ratio 24.12
Forward PE 18.17
Dividend $5.92 (1.36%)
Ex-Dividend Date Nov 10, 2023
Volume 401,264
Open 436.99
Previous Close 438.15
Day's Range 433.86 - 438.69
52-Week Range 281.19 - 441.09
Beta 1.50
Analysts Buy
Price Target 445.14 (+2.37%)
Earnings Date Feb 1, 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 sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; c... [Read more]

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

Financial Performance

In 2023, PH's revenue was $19.07 billion, an increase of 20.20% compared to the previous year's $15.86 billion. Earnings were $2.08 billion, an increase of 58.33%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for PH stock is "Buy." The 12-month stock price forecast is $445.14, which is an increase of 2.37% from the latest price.

Price Target
$445.14
(2.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Parker Hannifin upgraded to buy at Deutsche Bank

The "Halftime Report" traders debate the biggest analyst calls of the day

26 days ago - CNBC Television

Ex-Dividend Reminder: Apple, Parker Hannifin And Bread Financial Holdings

On 11/10/23, Apple, Parker Hannifin, and Bread Financial Holdings will all trade ex-dividend for their respective upcoming dividends.

Other symbols: AAPLBFH
27 days ago - Forbes

Parker Scheduled to Present at Robert W. Baird Global Industrial Conference on November 7 at 11:25 a.m.

CLEVELAND, Nov. 03, 2023 (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

Parker Reports Fiscal 2024 First Quarter Results

CLEVELAND, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 first quarter ende...

4 weeks ago - GlobeNewsWire

Parker Announces Leadership Changes for Key Operating Groups

CLEVELAND, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that William R. “Skip” Bowman, Vice President...

5 weeks ago - GlobeNewsWire

Parker Declares Quarterly Cash Dividend

CLEVELAND, Oct. 25, 2023 (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...

5 weeks ago - GlobeNewsWire

Parker Announces Retirement of Vice Chairman and President Lee C. Banks and Election of Chief Operating Officer Andrew D.

CLEVELAND, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that Lee C. Banks, Vice Chairman and Presiden...

5 weeks ago - GlobeNewsWire

Parker Announces Retirement of Executive Chairman Thomas L. Williams and Election of Jennifer A.

CLEVELAND, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has elected Jenni...

5 weeks ago - GlobeNewsWire

Parker to Announce Fiscal 2024 First Quarter Earnings on November 2; Conference Call and Webcast Scheduled for 11 a.m. Eastern

CLEVELAND, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 first qu...

6 weeks ago - GlobeNewsWire

Parker to Webcast Annual Meeting of Shareholders on October 25 at 9:00 a.m. Eastern

CLEVELAND, Oct. 18, 2023 (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...

6 weeks ago - GlobeNewsWire

Parker Scheduled to Present at the Morgan Stanley Annual Laguna Conference on September 13 at 9:55 a.m. Pacific Time (12:55 p.m.

CLEVELAND, Sept. 06, 2023 (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 Morga...

3 months ago - GlobeNewsWire

Parker Elects Denise Russell Fleming to its Board of Directors

CLEVELAND, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the election of Denise Russell Fleming to it...

3 months ago - GlobeNewsWire

These 20 dividend stocks have been the best income growers in the S&P 500

In the comment section of a recent MarketWatch article listing stocks with high dividend yields that were expected to be well supported by the companies' cash flow, a reader suggested that it would ha...

Other symbols: TSCOALLAMTAVGOBBYHDHPQ
4 months ago - Market Watch

These 20 companies are big winners this earnings season. What do analysts think about their stocks?

Quarterly earnings reports are continuing to roll in for the S&P 500 — but earnings season never really ends, because about 20% of companies in the benchmark index have fiscal quarters that don't matc...

4 months ago - Market Watch

Parker Reports Fiscal 2023 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2024

Fiscal 2023 Fourth Quarter Highlights: -     Sales increased 22% to a record of $5.1 billion; organic sales increased 6% -     Total segment operating margin was 22.1% , or a record 24.0% adjusted -  ...

4 months ago - GlobeNewsWire

Parker to Announce Fiscal 2023 Fourth Quarter and Full Year Earnings on August 3rd; Conference Call and Webcast Scheduled for 11 a.m. Eastern

CLEVELAND, July 25, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2023 fourth q...

4 months ago - GlobeNewsWire

Parker Scheduled to Present at the Wells Fargo Industrials Conference on June 14 at 11:00 a.m. Central Time (12:00 p.m.

CLEVELAND, June 07, 2023 (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 Wells ...

6 months ago - GlobeNewsWire

Parker Reports Fiscal 2023 Third Quarter Results

- Record sales, and adjusted segment operating margin, EBITDA margin, net income and EPS - Sales increased 24% to $5.1 billion; organic sales increased 12% - Segment operating margin was 18.8% , o r 2...

7 months ago - GlobeNewsWire

Parker Increases Quarterly Cash Dividend

CLEVELAND, April 27, 2023 (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 r...

7 months ago - GlobeNewsWire

Parker to Announce Fiscal 2023 Third Quarter Earnings on May 4th; Conference Call and Webcast Scheduled for 11 a.m. Eastern

CLEVELAND, April 25, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2023 third q...

8 months ago - GlobeNewsWire

Parker Scheduled to Present at the Bank of America Global Industrials Conference on March 22 at 1:05 p.m. Greenwich Mean Time (9:05 a.m.

CLEVELAND, March 09, 2023 (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 Bank ...

9 months ago - GlobeNewsWire

Somehow, cyclicals have become winners heading into a Fed-mandated recession, says Cramer

Mad Money host Jim Cramer looks at cyclical stocks and the reason they've become true winners, even though the economy seems to be headed into a Fed-mandated recession.

Other symbols: CARRCATCMIDOVETNHBIIR
9 months ago - CNBC Television

Jim Cramer says these 12 stocks aren't 'your father's cyclicals'

"The transformation is real," Cramer said. "Saving the planet's become a much more reliable business than despoiling it.

Other symbols: CARRCATCMIDOVETNIRJCI
9 months ago - CNBC

Parker Scheduled to Present at the Evercore ISI Industrial Conference on March 7 at 11:00 a.m. Eastern Time

CLEVELAND, Feb. 28, 2023 (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 Everco...

10 months ago - GlobeNewsWire

Parker Scheduled to Present at Citi's Global Industrial Tech and Mobility Conference on February 23 at 10:30 a.m. Eastern Time

CLEVELAND, Feb. 16, 2023 (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 Citi G...

10 months ago - GlobeNewsWire