PH - Parker-Hannifin Corporation

NYSE - NYSE Delayed Price. Currency in USD
196.80
+2.78 (+1.43%)
At close: 4:02PM EST

196.80 0.00 (0.00%)
After hours: 5:16PM EST

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Previous Close194.02
Open195.57
Bid197.11 x 900
Ask212.38 x 900
Day's Range194.20 - 198.38
52 Week Range152.18 - 212.05
Volume968,748
Avg. Volume876,553
Market Cap25.282B
Beta (5Y Monthly)1.57
PE Ratio (TTM)17.43
EPS (TTM)11.29
Earnings DateJan 29, 2020
Forward Dividend & Yield3.52 (1.81%)
Ex-Dividend DateFeb 05, 2020
1y Target Est213.28
  • Parker-Hannifin (PH) to Post Q2 Earnings: What's in Store?
    Zacks

    Parker-Hannifin (PH) to Post Q2 Earnings: What's in Store?

    Strength in OEM and commercial aftermarket businesses is likely to have boosted Parker-Hannifin's (PH) fiscal Q2 earnings. Slowdown in global industrial end markets might have been a concern.

  • At US$202, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?
    Simply Wall St.

    At US$202, Is It Time To Put Parker-Hannifin Corporation (NYSE:PH) On Your Watch List?

    Today we're going to take a look at the well-established Parker-Hannifin Corporation (NYSE:PH). The company's stock...

  • GlobeNewswire

    Parker Declares Quarterly Cash Dividend

    CLEVELAND, Jan. 23, 2020 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has.

  • Parker-Hannifin (PH) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
    Zacks

    Parker-Hannifin (PH) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

    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.

  • EnPro Divests Fairbanks Morse Business to Arcline for $450M
    Zacks

    EnPro Divests Fairbanks Morse Business to Arcline for $450M

    The divestment of EnPro's (NPO) Fairbanks Morse business will enable it to focus more on core businesses. The net proceeds will be used to lower its debt, perform buyouts and share repurchases.

  • Diversification Aids Nordson, Weak Electronic Market to Hurt
    Zacks

    Diversification Aids Nordson, Weak Electronic Market to Hurt

    Nordson (NDSN) is likely to gain from the exposure in multiple end markets and countries as well as synergistic gains from acquired assets. Weakness in electronic end markets is likely to hurt.

  • GlobeNewswire

    Parker to Announce Fiscal 2020 Second Quarter Earnings on January 30th; Conference Call and Webcast Scheduled for 11 a.m. Eastern

    CLEVELAND, Jan. 20, 2020 -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2020.

  • 3 Reasonably Priced Large Caps
    GuruFocus.com

    3 Reasonably Priced Large Caps

    Oracle tops the list Continue reading...

  • Reasons Why UniFirst Stock is a Good Investment Option Now
    Zacks

    Reasons Why UniFirst Stock is a Good Investment Option Now

    UniFirst (UNF) is likely to gain from acquired assets, shareholder-friendly policies and a globally diversified business structure.

  • ADT Prices $1.3B Notes Offering, To Repay Debts With Proceeds
    Zacks

    ADT Prices $1.3B Notes Offering, To Repay Debts With Proceeds

    ADT's indirect wholly-owned subsidiaries price $1.3 billion worth of senior notes offerings. The net proceeds will be used to redeem existing notes, and pay certain fees and expenses.

  • Graco Unveils Compact Dyna-Star Automatic Lubrication System
    Zacks

    Graco Unveils Compact Dyna-Star Automatic Lubrication System

    Graco's (GGG) Compact Dyna-Star automatic lubrication system helps in meeting the lubrication requirements of heavy-duty earth-moving machines across extreme working conditions.

  • Flowserve (FLS) to Gain From Strong End Markets Amid Risks
    Zacks

    Flowserve (FLS) to Gain From Strong End Markets Amid Risks

    Flowserve (FLS) expects to benefit from near-term opportunities in the chemical market and disciplined capital-allocation strategy. However, high debt level poses a concern.

  • 5 Industrial Stocks Set for a Beat This Earnings Season
    Zacks

    5 Industrial Stocks Set for a Beat This Earnings Season

    Despite a weak manufacturing sector weighing down on the Industrial Products Sector, these five stocks are poised to beat estimates in the upcoming reporting cycle.

  • Actuant Acquires HTL Group, Boosts Bolting Product Portfolio
    Zacks

    Actuant Acquires HTL Group, Boosts Bolting Product Portfolio

    Actuant's (EPAC) buyout of England-based HTL Group will likely enhance its bolting product offerings and rental services.

  • Graco (GGG) Introduces GLC X Controller & Auto Lube App
    Zacks

    Graco (GGG) Introduces GLC X Controller & Auto Lube App

    Graco's (GGG) GLC X automatic lubrication controller and Auto Lube app can operate across diverse operating environments ranging from industrial plants to heavy-duty construction sites.

  • Defense Business Aids RBC Bearings, Lower Days to Hurt
    Zacks

    Defense Business Aids RBC Bearings, Lower Days to Hurt

    RBC Bearings (ROLL) is likely to gain from strong defense and aerospace businesses, lower debts, and share buybacks in the quarters ahead. Lower shipping and manufacturing days will likely hurt.

  • Middleby Buys RAM Fry Dispensers, Enhances Product Portfolio
    Zacks

    Middleby Buys RAM Fry Dispensers, Enhances Product Portfolio

    Middleby's (MIDD) acquisition of RAM Fry Dispensers will enable it to strengthen its product offering in the restaurant automation platform.

  • Hedge Fund Consensus Stocks vs. Parker-Hannifin Corporation (PH) In 2019
    Insider Monkey

    Hedge Fund Consensus Stocks vs. Parker-Hannifin Corporation (PH) In 2019

    It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]

  • Boeing Suppliers Shift the Balance of Power, One Deal at a Time
    Bloomberg

    Boeing Suppliers Shift the Balance of Power, One Deal at a Time

    (Bloomberg Opinion) -- A would-be Boeing Co. takeover target has found its own dance partner.Woodward Inc., a maker of cockpit controls and engine-actuation systems, announced late Sunday that it’s merging with fellow aerospace supplier Hexcel Corp. The all-stock deal values Hexcel, a maker of lightweight composite materials, at about $7.5 billion including debt, with Woodward shareholders set to own about 55% of the combined company. While both suppliers have felt the sting of  Boeing’s 737 Max grounding, executives said Sunday that the deal wasn’t a response to that crisis but rather an effort to position the combined company to better compete in the pursuit of more fuel-efficient engines.The effort to sell this merger as a play on climate change is interesting, and it shows the degree to which companies are taking seriously the increasing criticism of greenhouse-gas emissions. At the same time, it’s hard to extricate Boeing and its Max woes from the context of the deal. Just two years ago, it might have been Boeing making these kinds of arguments about the benefits of scale and combined research-and-development budgets.Boeing held preliminary talks with Woodward as it scouted targets for its push to build a services division with $50 billion in sales, according to reports in early 2018 from Bloomberg News and the Wall Street Journal. Woodward pushed back on those reports and said it wasn’t in discussions with Boeing on a possible sale. Boeing instead acquired KLX Inc.’s aerospace-distribution business for $4.25 billion and announced an auxiliary power unit joint venture with Safran SA. This added to home-grown efforts in avionics and cabin interiors and spooked investors in traditional suppliers of those parts and services.As recently as May, ex-Boeing CEO Dennis Muilenburg was talking about the prospect of additional deals in the vein of KLX – “a substantial, multi-billion dollar acquisition, but one that was complementary.” With the now 10-month Max grounding draining Boeing’s cash flow and mounting scrutiny over the company’s corporate culture and the integrity of its design process, it’s highly unlikely the company will be making acquisitions anytime soon, and entirely possible that its parts and services ambitions go no further.That creates an opportunity for its suppliers, and Woodward and Hexcel are right to seize the moment to gain more clout, particularly as it looks increasingly likely that Boeing will have to speed up development of a narrow-body successor to the 737. With new technologies requiring ever-higher levels of spending, it also just helps to have a bigger balance sheet. Woodward and Hexcel expect to spend $250 million on R&D in the first year after the deal closes, or about 5% of combined sales. That’s a roughly 15% step-up from estimated 2019 levels, notes Jefferies analyst Sheila Kahyaoglu. “Woodward and Hexcel touch nearly every aspect of aerospace design,” Hexcel CEO Nick Stanage, who will retain that role at the combined company, said on a conference call Sunday. The merged entity will be well-positioned to deliver “integrated systems that satisfy demands for aircraft aerodynamics, energy efficiency, improved safety and reduced emissions and noise.”The Woodward-Hexcel combination follows a United Technologies Corp. $100 billion buying spree over the past two years that saw the engine maker link up with avionics supplier Rockwell Collins Inc. and defense contractor Raytheon Co., as well as smaller tie-ups between Parker-Hannifin Corp. and Exotic Metals Forming Co. and TransDigm Group Inc. and Esterline Technologies Corp. Analysts expressed some caution on Hexcel and Woodward’s ambitious goal of generating $1 billion of cash flow in the first fiscal year after closing, and time will tell if the companies can follow through. But strategically, it’s a bold and smart move that should give the companies an upper hand in both the battle against climate change and any future battles with Boeing.  To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Does Parker-Hannifin Corporation's (NYSE:PH) Past Performance Indicate A Stronger Future?
    Simply Wall St.

    Does Parker-Hannifin Corporation's (NYSE:PH) Past Performance Indicate A Stronger Future?

    When Parker-Hannifin Corporation (NYSE:PH) announced its most recent earnings (30 September 2019), I did two things...

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

    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.

  • Parker-Hannifin Shares Up 39.2% Year to Date: Here's Why
    Zacks

    Parker-Hannifin Shares Up 39.2% Year to Date: Here's Why

    Parker-Hannifin (PH) benefits from acquisitions and strength in its end markets. However, a highly leveraged balance sheet is a headwind.

  • Benzinga

    Stifel Upgrades Parker-Hannifin On Potential Synergies, Industry Recovery Prospects

    After Parker-Hannifin Corp (NYSE: PH ) significantly lowered its fiscal 2020 outlook, the current outlook appears de-risked, while the industrial economy seems poised to return to growth in the second ...

  • Here's Why We Think Parker-Hannifin (NYSE:PH) Is Well Worth Watching
    Simply Wall St.

    Here's Why We Think Parker-Hannifin (NYSE:PH) Is Well Worth Watching

    It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...