Skip to main content

Parker-Hannifin Corporation (PH)

NYSE: PH · Delayed Price · USD
300.17
+0.92 (0.31%)
After-hours:Oct 22, 2021 4:38 PM EDT
299.25
0.05 (0.02%)
At close: Oct 22, 4:00 PM
Market Cap38.47B
Revenue (ttm)14.35B
Net Income (ttm)1.75B
Shares Out129.06M
EPS (ttm)13.35
PE Ratio22.42
Forward PE17.57
Dividend$3.67 (1.23%)
Ex-Dividend DateAug 26, 2021
Volume325,340
Open300.03
Previous Close299.20
Day's Range298.82 - 302.55
52-Week Range197.27 - 323.58
Beta1.76
AnalystsBuy
Price Target347.06 (+16.0%)
Est. Earnings DateNov 4, 2021

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...

IndustryMachinery
Founded1917
CEOThomas Williams
Employees54,640
Stock ExchangeNYSE
Ticker SymbolPH
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 16 analysts, the average rating for PH stock is "Buy." The 12-month stock price forecast is 347.06, which is an increase of 15.98% from the latest price.

Price Target
$347.06
(15.98% upside)
Analyst Consensus: Buy

News

Parker to Webcast Virtual Annual Meeting of Shareholders on October 27 at 9:00 a.m. Eastern

CLEVELAND, Oct. 20, 2021 (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 Shar...

2 days ago - GlobeNewsWire

Parker-Hannifin's (PH) Deal to Acquire Meggitt Gets Approval

Parker-Hannifin (PH) affirms that the terms of its recommended acquisition of Meggitt have been approved by the latter's shareholders. The deal will be closed in the third quarter of calendar 2022.

1 month ago - Zacks Investment Research

Parker Hannifin Recommended All Cash Offer for Meggitt PLC Approved by Meggitt Shareholders

CLEVELAND, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, confirms that Meggitt Shareholders have today approved the ter...

1 month ago - GlobeNewsWire

Parker-Hannifin (PH) to Gain From Strong End Markets Despite Risks

Parker-Hannifin (PH) is poised to benefit from strength across end markets, acquisitions, and shareholder-friendly policies. High costs and debt levels weigh on the company.

1 month ago - Zacks Investment Research

U.S. awarding $482.3 million in aviation manufacturing assistance

The U.S. Transportation Department said it was offering $482.3 million in aviation manufacturing assistance to 313 businesses, including up to $75.5 million to Spirit AeroSystems.

Other symbols:SPR
1 month ago - Reuters

Why 2 Aerospace Giants Are Going to War Over This British Gem

Two Cleveland rivals have their eyes on a target across the pond.

Other symbols:TDG
2 months ago - The Motley Fool

Parker Aerospace Named Supplier of the Year by Commercial Aircraft Corporation of China for Support of COMAC's ARJ21 ...

CLEVELAND--(BUSINESS WIRE)--Customer Support Operations honored for teamwork between Parker Aerospace's global OEM division and Parker Aerospace China

2 months ago - Business Wire

5 Top Dividend Kings to Buy and Hold Forever

These five dividend growth stocks are primed to reward you for decades to come.

Other symbols:AWRJNJLOWPPG
2 months ago - The Motley Fool

Parker Announces Executive Leadership Changes - Lee Banks Becomes Vice Chairman and President, Jenny Parmentier Becom...

CLEVELAND, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Lee C. Banks, currently President and Chief...

2 months ago - GlobeNewsWire

Parker Declares Quarterly Cash Dividend

CLEVELAND, Aug. 12, 2021 (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 regu...

2 months ago - GlobeNewsWire

Parker-Hannifin (PH) Q4 Earnings & Revenues Beat Estimates

Parker-Hannifin's (PH) fiscal fourth-quarter revenues increase 25% year over year on account of impressive performance across its segments.

2 months ago - Zacks Investment Research

Parker-Hannifin FY22 EPS Outlook Trails Consensus After Beating On Q4 Earnings

Parker-Hannifin Corp (NYSE: PH) reported fourth-quarter sales growth of 25.3% year-over-year to $3.96 billion and +22% on an organic basis, beating the consensus of $3.93 billion. Segment Sales: Diversi...

2 months ago - Benzinga

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

Parker-Hannifin (PH) delivered earnings and revenue surprises of 1.39% and 1.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Parker Reports Fiscal 2021 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2022

CLEVELAND, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2021 fourth quarter and f...

2 months ago - GlobeNewsWire

Should You Buy Parker-Hannifin Corporation (PH) Ahead of Earnings?

Parker-Hannifin Corporation (PH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

Parker-Hannifin (PH) to Post Q4 Earnings: Is a Beat in the Cards?

Parker-Hannifin's (PH) fiscal Q4 earnings are likely to have gained from end-market strength, acquired assets and cost-control actions. Pandemic-led weakness across some end markets might have hurt.

2 months ago - Zacks Investment Research

Netflix Ranked Among Today's Trending Stocks

Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified Netflix among others.

Other symbols:FLMRNANFLXNVDA
2 months ago - Forbes

Pre-Markets Up on Begining of August

Pre-Markets Up on Begining of August

2 months ago - Zacks Investment Research

Pre-Markets in Green to Start August, Big Week for Q2 Earnings

Stock futures point to a higher opening today to start August.

2 months ago - Zacks Investment Research

Defense firm Meggitt's shares skyrocket on sale to U.S. giant Parker-Hannifin

U.S. industrial company Parker-Hannifin has agreed a £6.3 billion ($8.8 billion) deal to buy British defense and aerospace company Meggitt, the companies announced Monday.

2 months ago - CNBC

Parker Announces Recommended All Cash Acquisition of Meggitt PLC

CLEVELAND, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it has reached an agreement on the terms o...

2 months ago - GlobeNewsWire

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

Parker-Hannifin (PH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Parker to Announce Fiscal 2021 Fourth Quarter and Full Year Earnings on August 5th; Conference Call and Webcast Sched...

CLEVELAND, July 26, 2021 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2021 fourth qua...

2 months ago - GlobeNewsWire

Why Parker-Hannifin (PH) Could Beat Earnings Estimates Again

Parker-Hannifin (PH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

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

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

3 months ago - Zacks Investment Research