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Parker Hannifin Corp PH Stock Quote

| Rating as of

NYSE: PH

Last close prices updated as of Feb 07, 2023, 4:10 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 348.99
  • Sector Industrials
  • Industry Specialty Industrial Machinery
  • Investment Style Large Blend
  • Day Range 339.83  –  350.24
  • Year Range 230.44  –  352.74
  • Market Cap 44.8162 Bil
  • Volume / Avg 1.2 Mil /  801,370.9
  • Price / Sales 2.64
  • Price / Book 4.81
  • Forward Div Yield 1.52%
  • Trailing Div Yield 1.82%

Morningstar‘s Stock Analysis PH

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Strong Fiscal Second Quarter From Parker Hannifin; Our Long-Term View Remains Intact

Joshua Aguilar Senior Analyst

Analyst Note

| Joshua Aguilar |

Narrow-moat-rated Parker Hannifin had a very solid fiscal second quarter that outperformed our expectations. We raise our fair value estimate to $328 from $325, due solely to time value of money, somewhat offset by a higher share repurchase price assumption. During the quarter, total revenue rose over 22% on a reported basis to $4.675 billion or 11% on an organic basis. Organic sales results were led by the diversified industrial segment, which grew in double-digits in both North America and international, though North America led the way. Results were broad-based, however, as all businesses grew their top line organically (aerospace grew organic revenue midsingle digits).

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Key Statistics PH

Company Profile PH

Business Description

Parker Hannifin is an industrial conglomerate operating two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 15,500 independent distributors, and about 40% of its business occurs outside the United States.

Contact
6035 Parkland Boulevard
Cleveland, OH, 44124-4141
Industry Specialty Industrial Machinery
Employees 55,090

Related Articles PH

FAQs for Parker Hannifin Corp Stock

Yes. PH has a forward dividend yield of 1.52%. See PH’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PH’s market cap is 44.82 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PH’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PH’s price/sales is 2.64.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

PH’s price/forward earnings is 18.12.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

PH’s price/book is 4.81.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See PH’s valuation ratios compared to the Market Index.

PH’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PH’s historical performance against its industry peers and the overall market.