Analysts See $2.60 EPS for Parker-Hannifin Corporation (PH)

April 16, 2018 - By Darrin Black

Parker-Hannifin Corporation (NYSE:PH) LogoInvestors sentiment increased to 1.07 in 2017 Q4. Its up 0.12, from 0.95 in 2017Q3. It is positive, as 44 investors sold Parker-Hannifin Corporation shares while 201 reduced holdings. 71 funds opened positions while 191 raised stakes. 100.90 million shares or 0.87% more from 100.03 million shares in 2017Q3 were reported.
Union Commercial Bank has invested 1.51% in Parker-Hannifin Corporation (NYSE:PH). 2,901 are owned by Davenport Ltd. Fmr Lc accumulated 2.42M shares. Jane Street Group Inc Limited Liability has 0.02% invested in Parker-Hannifin Corporation (NYSE:PH) for 36,352 shares. Texas Permanent School Fund has 36,370 shares. New York-based National Asset Management has invested 0.04% in Parker-Hannifin Corporation (NYSE:PH). 431 are owned by Guardian Life Insur Of America. 157,317 were accumulated by Smith Asset Mgmt Grp Inc Ltd Partnership. Greenleaf has invested 0% in Parker-Hannifin Corporation (NYSE:PH). Retail Bank Of Montreal Can accumulated 440,046 shares. Voloridge Investment Mgmt Ltd Liability Corp holds 26,951 shares or 0.12% of its portfolio. Johnson Grp holds 0.08% or 3,205 shares in its portfolio. Lombard Odier Asset Mngmt (Europe) Ltd, United Kingdom-based fund reported 1,703 shares. 266 are held by Mercer Advisers. Southport Mgmt Limited Liability Corporation invested in 9,500 shares.

Since February 16, 2018, it had 0 buys, and 3 insider sales for $780,751 activity. Another trade for 2,109 shares valued at $384,091 was made by Sherrard Roger S on Tuesday, March 13.

Analysts expect Parker-Hannifin Corporation (NYSE:PH) to report $2.60 EPS on April, 26.They anticipate $0.49 EPS change or 23.22 % from last quarter’s $2.11 EPS. PH’s profit would be $345.93 million giving it 16.66 P/E if the $2.60 EPS is correct. After having $2.15 EPS previously, Parker-Hannifin Corporation’s analysts see 20.93 % EPS growth. The stock increased 0.45% or $0.77 during the last trading session, reaching $173.25. About 233,532 shares traded. Parker-Hannifin Corporation (NYSE:PH) has risen 9.45% since April 16, 2017 and is uptrending. It has underperformed by 2.10% the S&P500.

Parker-Hannifin Corporation (NYSE:PH) Ratings Coverage

Among 12 analysts covering Parker Hannifin (NYSE:PH), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Parker Hannifin had 28 analyst reports since October 17, 2017 according to SRatingsIntel. Stifel Nicolaus maintained the shares of PH in report on Tuesday, January 16 with “Buy” rating. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Outperform” rating by Robert W. Baird on Thursday, March 8. Robert W. Baird maintained Parker-Hannifin Corporation (NYSE:PH) on Tuesday, December 19 with “Hold” rating. KeyBanc Capital Markets maintained Parker-Hannifin Corporation (NYSE:PH) on Thursday, March 8 with “Buy” rating. The firm earned “Hold” rating on Tuesday, January 9 by Cowen & Co. The company was maintained on Monday, November 6 by BMO Capital Markets. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Equal-Weight” rating by Morgan Stanley on Friday, November 3. BMO Capital Markets maintained it with “Buy” rating and $225.0 target in Thursday, January 4 report. The firm has “Neutral” rating given on Friday, November 3 by Citigroup. On Tuesday, January 30 the stock rating was maintained by Citigroup with “Neutral”.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company has market cap of $23.05 billion. The firm operates in two divisions, Diversified Industrial and Aerospace Systems. It has a 26.95 P/E ratio. The Diversified Industrial segment provides static and dynamic sealing devices; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; hydraulic, pneumatic, and electromechanical components and systems for builders and users of industrial and mobile machinery and equipment; and critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, as well as components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions.

Parker-Hannifin Corporation (NYSE:PH) Institutional Positions Chart

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