Parker-Hannifin Corporation (PH)
Industrials2 articles
Price chart
Why is PH moving today?
+0.2%PH is +0.2% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of 12 hours ago
Parker-Hannifin Corporation (PH) overview
Parker-Hannifin makes motion-control and fluid-power systems.
PH is a member of the S&P 500. It sits in the Industrials sector. That sector covers manufacturers, aerospace, defense and transport companies tied to economic activity.
Parker-Hannifin Corporation trades on the NYSE under the ticker symbol PH. The most recent market data puts the share price at about $963.34. That is up 0.17% on the session. At that price the company is worth roughly $121.49B.
Over the past 52 weeks, PH has traded between $734.72 and $1,099.94. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 33.8. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. PH also pays a dividend. It yields around 0.83% at the current price.
Key statistics
Source: Yahoo Finance - quote as of 12 hours ago
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch PH
PH is one of the larger names in the Industrials sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each PH story as it breaks, and tags it bullish, bearish or neutral.
Size matters here as well. The S&P 500 is weighted by market value. PH is large enough that its own share price nudges the whole index. So it is worth watching even for investors who only hold index funds.
What moves PH
- Earnings. PH reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from PH.
- Sector news. Industrials stocks often move together, so a rival's news can move PH too.
- Index weight. PH is big enough to move the S&P 500 on its own.
Market Mood
Latest PH news
Parker-Hannifin (PH) Buybacks Create Market Volatility Challenges
Parker-Hannifin (PH) is implementing a buyback strategy that has introduced volatility and uncertainty into its capital return approach. This program is meant to return value to shareholders but is now affected by fluctuating market conditions. The company’s buyback activities may contribute to broader market impacts, and investors are advised to monitor these developments closely. Understanding these changes is critical as they influence investment decisions and overall market sentiment.
Read More: Parker-Hannifin (PH) Buybacks Create Market Volatility Challenges
Parker-Hannifin Stock Target Raised to $1,250 by UBS
UBS has increased the stock price target for Parker-Hannifin (PH) to $1,250, reflecting a positive outlook based on order growth. This adjustment indicates increased confidence in the company's performance, potentially influencing investor sentiment. The new target signifies a clear belief in the company's future earnings potential. For investors, this upward revision may present an opportunity for stock price appreciation.
Read More: Parker-Hannifin Stock Target Raised to $1,250 by UBSMore Industrials stocks
Frequently asked questions
Is Parker-Hannifin Corporation in the S&P 500?
Yes. Parker-Hannifin Corporation trades as PH and is a member of the S&P 500. The index lists it in the Industrials sector.
What sector is PH in?
PH sits in the Industrials sector of the S&P 500.
Where can I find the latest PH news?
Right here. This page collects recent PH news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Parker-Hannifin Corporation's stock price?
PH last traded at about $963.34. Prices move all through the session, so this is the latest quote rather than a live one.
What is Parker-Hannifin Corporation's market cap?
PH is worth roughly $121.49B. Market cap is the share price times the number of shares outstanding.
What is PH's P/E ratio?
PH trades at a trailing P/E ratio of about 33.8. The ratio compares the share price with earnings per share over the past year.