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How to buy Parker-Hannifin Corporation stock (PH)

Buy Parker-Hannifin Corporation stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Parker-Hannifin Corporation is a specialty industrial machinery business based in the US. Parker-Hannifin Corporation shares (PH) are listed on the NYSE and all prices are listed in US Dollars.

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  4. Search for the stock name – PH. Search for the stock by name or ticker symbol.
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Parker-Hannifin Corporation stock price (NYSE: PH)

Use our graph to track the performance of PH stocks over time.

Parker-Hannifin Corporation shares at a glance

Information last updated 2024-09-01.
Latest market close$575.20
52-week range$358.10 - $601.31
50-day moving average $546.84
200-day moving average $516.12
Wall St. target price$629.98
PE ratio 27.4691
Dividend yield $6.07 (1.09%)
Earnings per share (TTM) $21.85

Is it a good time to buy Parker-Hannifin Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Parker-Hannifin Corporation price performance over time

Historical closes compared with the close of $575.2 from 2024-09-05

1 week (2024-08-30) -4.17%
1 month (2024-08-06) 11.04%
3 months (2024-06-06) 11.64%
6 months (2024-03-06) 8.28%
1 year (2023-09-06) 39.66%
2 years (2022-09-06) 115.81%
3 years (2021-09-03) 98.41%
5 years (2019-09-06) 242.48%

Is Parker-Hannifin Corporation stock undervalued or overvalued?

Valuing Parker-Hannifin Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Parker-Hannifin Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Parker-Hannifin Corporation's P/E ratio

Parker-Hannifin Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Parker-Hannifin Corporation shares trade at around 27x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

Parker-Hannifin Corporation's PEG ratio

Parker-Hannifin Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.8228. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Parker-Hannifin Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Parker-Hannifin Corporation's EBITDA

Parker-Hannifin Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.8 billion.

The EBITDA is a measure of a Parker-Hannifin Corporation's overall financial performance and is widely used to measure a its profitability.

Parker-Hannifin Corporation financials

Revenue TTM $19.9 billion
Operating margin TTM 20.16%
Gross profit TTM $6.6 billion
Return on assets TTM 8.23%
Return on equity TTM 25.38%
Profit margin 14.27%
Book value $93.85
Market Capitalization $77.2 billion

TTM: trailing 12 months

Parker-Hannifin Corporation share dividends

25%

Dividend payout ratio: 24.5% of net profits

Recently Parker-Hannifin Corporation has paid out, on average, around 24.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.09% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Parker-Hannifin Corporation shareholders could enjoy a 1.09% return on their shares, in the form of dividend payments. In Parker-Hannifin Corporation's case, that would currently equate to about $6.07 per share.

While Parker-Hannifin Corporation's payout ratio might seem low, this can signify that Parker-Hannifin Corporation is investing more in its future growth.

Parker-Hannifin Corporation's most recent dividend payout was on 12 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 27 August 2024 (the "ex-dividend date").

Have Parker-Hannifin Corporation's shares ever split?

Parker-Hannifin Corporation's shares were split on a 3:2 basis on 1 October 2007. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Parker-Hannifin Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Parker-Hannifin Corporation shares which in turn could have impacted Parker-Hannifin Corporation's share price.

Parker-Hannifin Corporation share price volatility

Over the last 12 months, Parker-Hannifin Corporation's shares have ranged in value from as little as $358.101 up to $601.305. A popular way to gauge a stock's volatility is its "beta".

PH.US volatility(beta: 1.44)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Parker-Hannifin Corporation's is 1.436. This would suggest that Parker-Hannifin Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Parker-Hannifin Corporation overview

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 Diversified Industrial segment offers various motion-control systems and components, such as active and passive vibration control, high purity sealing, coatings, high temperature sealing, cryogenic valves and fittings, HVAC/R controls and monitoring, elastomeric, fabric reinforced, metal, precision cut seals, hydrogen and natural gas filters, electric and hydraulic pumps and motors, industrial air, gas filtration, electric and hydraulic valves, miniature pumps and valves, electromagnetic interface shielding, pneumatic actuators, regulators and valves, electromechanical and hydraulic actuators, power take offs, electronics, drives and controllers, process filtration solutions, engine filtration solutions, rubber to substrate adhesives, fluid condition monitoring, sensors and diagnostics, fluid conveyance hose and tubing, structural adhesives, high pressure connectors, fittings, valves and regulators, thermal management, high purity fittings. The Aerospace Systems segment offers products for use in commercial and defense airframe and engine programs, such as avionics, electric & hydraulic braking systems, electric power, electromechanical actuators, engine exhaust systems and components, fire detection and suppression, flight control systems, fluid conveyance, fuel systems & components, fuel tank inerting systems, hydraulic pumps & motors, hydraulic valves & actuators, pneumatics, seals, sensors, and thermal management products. The company sells its products to original equipment manufacturers, distributors, direct-sales employees, and sales representatives. Parker-Hannifin Corporation was founded in 1917 and is headquartered in Cleveland, Ohio. .

Frequently asked questions

What percentage of Parker-Hannifin Corporation is owned by insiders or institutions?
Currently 0.476% of Parker-Hannifin Corporation shares are held by insiders and 83.623% by institutions.
When does the fiscal year end for Parker-Hannifin Corporation?
Parker-Hannifin Corporation's fiscal year ends in June.
Where is Parker-Hannifin Corporation based?
Parker-Hannifin Corporation's address is: 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141
What is Parker-Hannifin Corporation's ISIN number?
Parker-Hannifin Corporation's international securities identification number is: US7010941042
What is Parker-Hannifin Corporation's CUSIP number?
Parker-Hannifin Corporation's Committee on Uniform Securities Identification Procedures number is: 701094104

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