PH - Parker-Hannifin Corporation

NYSE - NYSE Delayed Price. Currency in USD
163.91
-5.57 (-3.29%)
At close: 4:02PM EDT
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Previous Close169.48
Open167.33
Bid159.13 x 800
Ask166.43 x 900
Day's Range163.83 - 167.85
52 Week Range140.82 - 193.19
Volume988,484
Avg. Volume900,719
Market Cap21.027B
Beta (3Y Monthly)1.72
PE Ratio (TTM)15.03
EPS (TTM)10.90
Earnings DateAug 1, 2019
Forward Dividend & Yield3.52 (1.94%)
Ex-Dividend Date2019-05-09
1y Target Est185.94
Trade prices are not sourced from all markets
  • Are Parker-Hannifin Corporation’s (NYSE:PH) High Returns Really That Great?
    Simply Wall St.8 days ago

    Are Parker-Hannifin Corporation’s (NYSE:PH) High Returns Really That Great?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • GlobeNewswire9 days ago

    Parker Scheduled to Present at Electrical Products Group Conference on May 21 at 12:30 p.m. Eastern Time

    Parker Hannifin Corporation (PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Electrical Products Group Conference in Coral Gables, Florida on May 21, 2019 at 12:30 p.m. Eastern time. Parker's scheduled presenter is Tom Williams, Chairman and Chief Executive Officer.  A live webcast of the presentation will be accessible on Parker's investor information website at www.phstock.com and will be archived on the site. Parker Hannifin is a Fortune 250 global leader in motion and control technologies.  For more than 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.  Parker has increased its annual dividend per share paid to shareholders for 63 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.  Learn more at www.parker.com or @parkerhannifin.

  • Thomson Reuters StreetEvents10 days ago

    Edited Transcript of PH earnings conference call or presentation 2-May-19 3:00pm GMT

    Q3 2019 Parker-Hannifin Corp Earnings Call

  • Parker-Hannifin CEO on Lord growth: 'Pretty darn good'
    American City Business Journals12 days ago

    Parker-Hannifin CEO on Lord growth: 'Pretty darn good'

    Industrial manufacturer Parker-Hannifin’s top exec says the firm’s pending $3.7 billion buy of Cary-based Lord Corporation comes down to growth opportunity.

  • Markit12 days ago

    See what the IHS Markit Score report has to say about Parker-Hannifin Corp.

    Parker-Hannifin Corp NYSE:PHView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for PH with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PH. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $3.08 billion over the last one-month into ETFs that hold PH are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. PH credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Bloomberg16 days ago

    Worried About the Economy? These CEOs Aren’t

    CEO Martin Richenhagen said he’s hopeful a U.S.-China trade deal will happen soon, calling the tensions “a homemade problem that we could have avoided.” But a rapprochement won’t necessarily bring a spike in orders. Norfolk Southern CEO Jim Squires said his customers – which range from automotive manufacturers to chemical companies and commodity suppliers – are bullish as a group.

  • Parker-Hannifin Corp (PH) Q3 2019 Earnings Call Transcript
    Motley Fool16 days ago

    Parker-Hannifin Corp (PH) Q3 2019 Earnings Call Transcript

    PH earnings call for the period ending March 31, 2019.

  • Parker-Hannifin (PH) Q3 Earnings Top Estimates, Revenues Lag
    Zacks17 days ago

    Parker-Hannifin (PH) Q3 Earnings Top Estimates, Revenues Lag

    Parker-Hannifin's (PH) third-quarter fiscal 2019 revenues fall year over year due to softness in North American segment.

  • ACCESSWIRE17 days ago

    Parker-Hannifin Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 2, 2019 / Parker-Hannifin Corp. (NYSE: PH ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on May 2, 2019 at 11:00 AM Eastern ...

  • Associated Press17 days ago

    Parker-Hannifin: Fiscal 3Q Earnings Snapshot

    On a per-share basis, the Cleveland-based company said it had profit of $3.14. Earnings, adjusted for non-recurring costs, came to $3.17 per share. The results beat Wall Street expectations. The average ...

  • GlobeNewswire17 days ago

    Parker Reports Fiscal 2019 Third Quarter Results

    -       EPS reached an all-time quarterly record at $3.14 as reported, or $3.17 adjusted-       Segment operating margin was an all-time record at 17.1% as reported, or 17.2%.

  • Parker-Hannifin (PH) to Report Q3 Earnings: What's in Store?
    Zacks19 days ago

    Parker-Hannifin (PH) to Report Q3 Earnings: What's in Store?

    Strength across Parker-Hannifin's (PH) Diversified Industrial and Aerospace Systems segments will be conducive to its fiscal third-quarter results. High costs and expenses are concerns.

  • Lord Corp. CEO: Why we agreed to the Parker-Hannifin buyout
    American City Business Journals20 days ago

    Lord Corp. CEO: Why we agreed to the Parker-Hannifin buyout

    Hours after disclosing Parker-Hannifin’s $3.7 billion buyout proposal for his company, Lord Corporation CEO Ed Auslander says he’s optimistic that the deal is a good fit – not just for Lord, but for Cary. Auslander won TBJ's 2019 CEO of the Year just a few weeks ago. “They are impressed with us, the people here in Cary, what we’re doing in Cary, all of the R&D, the business leaders are here, and they value all of those folks,” he says.

  • Moody's20 days ago

    Parker-Hannifin Corporation -- Moody's affirms Parker-Hannifin's Baa1 senior unsecured rating; outlook stable

    Moody's Investors Service (Moody's) affirmed the senior unsecured rating of Parker-Hannifin Corporation (Parker-Hannifin) at Baa1 and affirmed the short-term Commercial Paper rating at P-2. The rating affirmations follow the company's announcement to acquire privately-held and unrated LORD Corporation (LORD), a provider of materials science and motion control technologies, for approximately $3.7 billion. Furthermore, post-acquisition leverage will remain high relative to similarly-rated industrial peers well into the second year of the merger (which could be Parker-Hannifin's fiscal year 2021).

  • Has Industrial Breakup Fever Gone Too Far?
    Bloomberg20 days ago

    Has Industrial Breakup Fever Gone Too Far?

    Parker-Hannifin Corp. announced it’s buying closely held adhesives and coatings maker Lord Corp. for $3.675 billion in a deal that CEO Tom Williams says will “meaningfully transform” the company’s portfolio. Ingersoll-Rand Plc is moving in the opposite direction: It’s reportedly exploring a combination of its industrial unit with Gardner Denver Holdings Inc. The deal would separate a business whose products are as varied as power tools and golf carts from the climate-controls division that makes up the bulk of its sales and profit.

  • TheStreet.com20 days ago

    Parker Hannifin to Buy Lord Corp. for $3.7 Billion

    Parker Hannifin will acquire Lord Corp., a privately held technology and manufacturing company, for $3.7 billion in cash.

  • Benzinga20 days ago

    Parker-Hannifin To Buy Lord Corp. For $3.6B: 'Companies Are Very Much Aligned'

    Parker Hannifin Corporation (NYSE: PH ) announced Monday that it has entered an agreement to buy privately held LORD Corp. for about $3.675 billion in cash.  What Happened Cary, North Carolina-based Lord ...

  • Parker-Hannifin to buy Cary's Lord Corp. for $3.7 billion
    American City Business Journals20 days ago

    Parker-Hannifin to buy Cary's Lord Corp. for $3.7 billion

    Ohio industrial giant Parker-Hannifin Corporation is acquiring Cary-based Lord Corporation in a $3.7 billion deal.

  • Reuters20 days ago

    Parker Hannifin to buy Lord Corp for about $3.68 bln

    U.S. industrial conglomerate Parker Hannifin Corp said on Monday it would buy privately held adhesives and coatings maker Lord Corp for about $3.68 billion in cash, in a move to strengthen its aerospace and defense businesses. Lord also provides vibration and motion control technologies used in the aerospace, automotive and industrial markets. Cary, North Carolina-based Lord, which has annual sales of about $1.1 billion, will expand Parker Hannifin's engineered materials business, which makes sealing devices for markets including aerospace, defense and automotive.

  • Reuters20 days ago

    Parker Hannifin to buy LORD Corp for about $3.68 billion

    (Reuters) - U.S. industrial conglomerate Parker Hannifin Corp said on Monday it would buy privately held LORD Corp for about $3.68 billion (£2.85 billion) in cash. Cary, North Carolina-based LORD makes ...

  • MarketWatch20 days ago

    Parker Hannifin to buy privately held Lord Corp. for $3.68 billion in cash

    Parker Hannifin Corp. announced Monday a deal to buy privately held adhesives, coatings and materials company Lord Corp. for $3.68 billion in cash. Parker said it plans to finance the deal with new debt. The deal, which is expected to close within the next four to six months, is not expected to impact Parker's dividend payout targets. "The combination of Parker and LORD is expected to drive significant value for Parker shareholders and be accretive to organic growth, EBITDA margins, cash flow and EPS, excluding one-time costs and deal related amortization," said Parker Chief Executive Tom Williams. Parker's stock, which is still inactive in premarket trade, has rallied 11.3% over the past 12 months while the S&P 500 has gained 10.1%.

  • GlobeNewswire20 days ago

    Parker to Acquire LORD Corporation in Strategic Transaction that Significantly Expands Engineered Materials Business

    Parker Hannifin Corporation (PH), the global leader in motion and control technologies, today announced that it has entered into a definitive agreement to acquire LORD Corporation for approximately $3.675 billion in cash. The transaction has been approved by the Board of Directors of each company and is subject to customary closing conditions, including receipt of applicable regulatory approvals. “This strategic transaction will reinforce our stated objective to invest in attractive margin, growth businesses, such as engineered materials, that accelerate us towards top-quartile financial performance,” said Tom Williams, Chairman and Chief Executive Officer of Parker.  “LORD will significantly expand our materials science capabilities with complementary products, better positioning us to serve customers in growth industries and capitalize on emerging trends such as electrification and lightweighting.

  • Introducing Parker-Hannifin (NYSE:PH), A Stock That Climbed 57% In The Last Three Years
    Simply Wall St.23 days ago

    Introducing Parker-Hannifin (NYSE:PH), A Stock That Climbed 57% In The Last Three Years

    One simple way to benefit from the stock market is to buy an index fund. But if you pick the right individual stocks, you could make more than that. For example, Parker-Hannifin Corporation (NYSE:PH) shareholders have se...