Parker-Hannifin
About: Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
Employees: 61,120
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
94% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 90
20% more capital invested
Capital invested by funds: $55.8B [Q2] → $67B (+$11.2B) [Q3]
17% more repeat investments, than reductions
Existing positions increased: 583 | Existing positions reduced: 499
13% more funds holding in top 10
Funds holding in top 10: 30 [Q2] → 34 (+4) [Q3]
5% more funds holding
Funds holding: 1,425 [Q2] → 1,497 (+72) [Q3]
7% less call options, than puts
Call options by funds: $387M | Put options by funds: $414M
2.82% less ownership
Funds ownership: 85.91% [Q2] → 83.09% (-2.82%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$575
14%
downside
Avg. target
$747
12%
upside
High target
$842
26%
upside
10 analyst ratings
8 positive
80%
2 neutral
20%
0 negative
0%
Wells Fargo Joseph O'Dea 68% 1-year accuracy 21 / 31 met price target | 6%upside $710 | Overweight Maintained | 7 Jan 2025 |
Truist Securities Jamie Cook 66% 1-year accuracy 57 / 86 met price target | 26%upside $842 | Buy Maintained | 19 Dec 2024 |
Jefferies Stephen Volkmann 27% 1-year accuracy 3 / 11 met price target | 21%upside $810 | Buy Maintained | 6 Dec 2024 |
Barclays Julian Mitchell 63% 1-year accuracy 70 / 111 met price target | 20%upside $800 | Overweight Maintained | 5 Dec 2024 |
Keybanc Jeffrey Hammond 51% 1-year accuracy 19 / 37 met price target | 16%upside $775 | Overweight Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 7 articles about PH published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Why Parker-Hannifin (PH) is Poised to 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.
Positive
Invezz
6 days ago
Parker Hannifin, 3M and six other manufacturing stocks likely to grow in 2025
Despite the US economy showing resilience with strong GDP growth, manufacturing stocks have lagged behind broader market indices, but analysts believe the sector is poised for a turnaround in 2025.
Positive
Seeking Alpha
1 week ago
Parker-Hannifin: High Flyer Benefiting From Strong Sentiment
Parker-Hannifin is a leader in motion and control technologies, with a diversified portfolio serving industrial and aerospace sectors, boasting strong historical financial performance. PH benefits from exposure to secular growth trends like AI, onshoring, and aerospace, but current valuation appears overextended with anemic growth in the Diversified Industrial segment. Despite robust operational efficiency and a history of successful acquisitions, PH's increased leverage and high valuation pose risks, particularly in economic downturns and market corrections.
Positive
Seeking Alpha
1 week ago
Parker-Hannifin: An Industrial Giant Who Deserves A Place In My Portfolio
The stock of Parker-Hannifin is on a robust long term upward trend. Over the past five years, it has gained 207%, while in 2024 it reached new all-time highs, achieving a maximum return of +54%. At current levels, it is trading about 10% lower with the recent pullback, offering a promising re-entry opportunity with attractive profit potential.
Positive
The Motley Fool
2 weeks ago
3 Dividend Growth Stocks That Can Deliver a Lifetime of Passive Income
The allure of high-yield dividend stocks often tempts income investors. Yet the most successful dividend portfolios aren't built on eye-catching yields.
Positive
Zacks Investment Research
2 weeks ago
Here's Why it is Appropriate to Retain Parker-Hannifin Right Now
PH gains from solid momentum in the Aerospace Systems segment, accretive acquisitions and shareholder-friendly policies.
Positive
Seeking Alpha
3 weeks ago
Highest Quality Dividend Kings For 2025
Only 11 Dividend Kings outperformed the S&P 500 during the last decade based on Total Return. 5 Dividend Kings earn the rank of "High Quality" based on my custom quantitative model. Using a variation of a truncated custom quality score could have generated a total return nearly double that of the S&P 500 during the last 9 years.
Positive
The Motley Fool
1 month ago
These 3 Outstanding Dividend-Growth Stocks Could Fund Your Retirement
Dividend-growth investing remains one of the most reliable paths to building lasting wealth in the stock market. The appeal of steady, rising income streams is particularly compelling for retirement planning.
Positive
Zacks Investment Research
2 months ago
Parker-Hannifin Gains From End-Market Strength Amid Headwinds
PH benefits from business strength, acquisitions and shareholder-friendly moves. However, challenging conditions in off-highway and transportation markets remain concerning.
Neutral
GlobeNewsWire
2 months ago
Parker Scheduled to Present at Robert W. Baird Global Industrial Conference on November 13 at 10:50 a.m.
CLEVELAND, Nov. 06, 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 Robert W. Baird Global Industrial Conference in Chicago, Illinois on November 13, 2024 at 10:50 a.m. Central time (11:50 a.m. Eastern time).
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