PH stock icon

Parker-Hannifin
PH

$505.30
0.98%
 

About: Parker Hannifin is an industrial conglomerate operating through 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 17,100 independent distributors, and about 40% of its business occurs outside the United States.

Employees: 62,730

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 20 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

118% more first-time investments, than exits

New positions opened: 185 | Existing positions closed: 85

37% more funds holding in top 10

Funds holding in top 10: 30 [Q4 2023] → 41 (+11) [Q1 2024]

18% more capital invested

Capital invested by funds: $48.7B [Q4 2023] → $57.7B (+$9B) [Q1 2024]

8% more funds holding

Funds holding: 1,281 [Q4 2023] → 1,381 (+100) [Q1 2024]

2.56% more ownership

Funds ownership: 78.52% [Q4 2023] → 81.08% (+2.56%) [Q1 2024]

8% more call options, than puts

Call options by funds: $288M | Put options by funds: $267M

4% more repeat investments, than reductions

Existing positions increased: 502 | Existing positions reduced: 482

Research analyst outlook

20 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$500
1%
downside
Avg. target
$594
18%
upside
High target
$650
29%
upside

20 analyst ratings

18 positive
90%
neutral
10%
negative
0%
Barclays
Julian Mitchell
21%upside
$610
Overweight
Maintained
4 Jun 2024
Mizuho
Brett Linzey
29%upside
$650
Buy
Upgraded
28 May 2024
B of A Securities
Andrew Obin
29%upside
$650
Buy
Maintained
17 May 2024
Truist Securities
Jamie Cook
21%upside
$611
Buy
Maintained
15 May 2024
Argus Research
John Eade
17%upside
$590
Buy
Maintained
6 May 2024

Financial journalist opinion

Based on 5 articles about PH published over the past 30 days