Parker-Hannifin Corporation (PH)

NYSE: PH · Real-Time Price · USD
609.03
+3.86 (0.64%)
Sep 18, 2024, 4:00 PM EDT - Market closed
0.64%
Market Cap 78.32B
Revenue (ttm) 19.93B
Net Income (ttm) 2.84B
Shares Out 128.60M
EPS (ttm) 21.84
PE Ratio 27.89
Forward PE 22.76
Dividend $6.52 (1.07%)
Ex-Dividend Date Aug 28, 2024
Volume 485,597
Open 605.46
Previous Close 605.17
Day's Range 604.21 - 619.86
52-Week Range 362.49 - 619.86
Beta 1.43
Analysts Strong Buy
Price Target 616.80 (+1.28%)
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 16 analysts, the average rating for PH stock is "Strong Buy." The 12-month stock price forecast is $616.8, which is an increase of 1.28% from the latest price.

Price Target
$616.8
(1.28% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

14 days 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...

20 days 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...

22 days 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...

4 weeks ago - Seeking Alpha

Parker Declares Quarterly Cash Dividend

CLEVELAND, Aug. 15, 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...

4 weeks ago - GlobeNewsWire

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...

5 weeks 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.

5 weeks 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.

5 weeks 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

5 weeks 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...

6 weeks 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...

7 weeks 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.

7 weeks 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...

7 weeks 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...

2 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...

2 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...

3 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...

3 months ago - Seeking Alpha

Parker-Hannifin: Track Record Of Creating Value Makes This A Buy

Parker's management team has been methodically transforming their business into a resilient and longer cycle company. Investors have been reaping the rewards of their efforts. For the 2014 to 2023 fis...

3 months ago - Seeking Alpha

Parker's Promising Future Highlighted at Investor Day, Win Strategy™ Enables Sustainable Growth, New 5-Year Targets Announced

CLEVELAND, May 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today hosted its 2024 investor meeting where members of the Of...

4 months ago - GlobeNewsWire

Parker-Hannifin Corporation (PH) Q3 2024 Earnings Call Transcript

Parker-Hannifin Corporation (NYSE:PH) Q3 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Jennifer Parmentier - Chairman and CEO Todd Leombruno - EVP and CFO Conference Call...

4 months ago - Seeking Alpha

11 Upcoming Dividend Increases Including 2 Kings

Parker-Hannifin and W.W. Grainger extend their impressive dividend streaks with double-digit increases. The article provides a list of top-performing stocks with a consistent dividend growth history f...

Other symbols: CHCTETDFIXGWWLADMETNEP
4 months ago - Seeking Alpha

Parker Reports Fiscal 2024 Third Quarter Results

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

4 months ago - GlobeNewsWire

Here are the AI industrial names powering Big Tech

CNBC's Seema Mody joins 'Power Lunch' with the latest on AI plays in the tech space.

Other symbols: CATCMIDOVGEV
5 months ago - CNBC Television

Parker Increases Quarterly Cash Dividend 10% to $1.63 per Share

CLEVELAND, April 25, 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 q...

5 months ago - GlobeNewsWire

Parker Aerospace Joins HyFIVE Consortium to Advance Aviation Liquid Hydrogen Fuel System Development

CLEVELAND--(BUSINESS WIRE)--Parker Aerospace supports industry and academic partners on zero-emission aviation, furthering its commitment to sustainability & clean technologies.

5 months ago - Business Wire