Parker-Hannifin Corp. (PH) Is Not Likely To Be The Same Tomorrow

After Hours

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Stocks Info

Parker-Hannifin Corp. is listed on the NYSE in the Industrials sector while operating in the Specialty Industrial Machinery industry. The current market capitalization of Parker-Hannifin Corp. is $69.41B. A total of 0.51 million shares were traded on the day, compared to an average of 607.43K shares.

In the most recent transaction, Parmentier Jennifer A sold 3,307 shares of PH for 516.69 per share on Feb 07 ’24. After the transaction, the Chief Executive Officer now owns 24,031 company shares. In a previous transaction on Feb 07 ’24, Scott Patrick sold 787 shares at 514.30 per share. PH shares that VP & Pres.-Fluid Conn. owns now total 3,220.

Among the insiders who sold shares, Hart Mark J disposed of 5,197 shares on Feb 02 ’24 at a per-share price of $502.94. This resulted in the EVP-HR & External Affairs holding 7,063 shares of PH after the transaction. In another insider transaction, Ross Andrew D sold 3,904 shares at $510.16 per share on Feb 02 ’24. Company shares held by the Chief Operating Officer now total 13,120.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Parker-Hannifin Corp. pays an annual dividend of $5.92, resulting in a dividend yield of 1.10%, and it has a price to earnings (P/E) ratio of 26.75. PH’s most recent ex-dividend date was 2/8/2024 when it declared a $1.48 quarterly dividend that was paid in cash on 3/1/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/10/2023. The PH stock dividend was $1.48 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, PH has a high of $570.15 and a low of $309.89.

As of this writing, PH has an earnings estimate of $E-mini PHLX Semiconductor Secto per share for the current quarter. EPS was calculated based on a consensus of PHP/USD estimates, with a high estimate of $PHP/GBP per share and a lower estimate of $PHP/PLX.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PH’s latest balance sheet shows that the firm has $563.66M in Cash & Short Term Investments as of fiscal 2022. There were $11.48B in debt and $5.86B in liabilities at the time. Its Book Value Per Share was $88.02, while its Total Shareholder’s Equity was $8.86B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PH is Buy with a score of 4.60.

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