Parker-Hannifin Corporation (PH) Analysts See $2.62 EPS

April 19, 2018 - By reb123z

Parker-Hannifin Corporation (NYSE:PH) LogoInvestors sentiment increased to 1.07 in 2017 Q4. Its up 0.12, from 0.95 in 2017Q3. It improved, 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.
Virginia Retirement System Et Al stated it has 132,600 shares or 0.31% of all its holdings. M Securities has invested 0.08% in Parker-Hannifin Corporation (NYSE:PH). 4,011 are owned by Blair William Comm Il. Qs Invsts Limited Com accumulated 8,529 shares. Citadel Advsrs Ltd holds 0.02% or 154,538 shares in its portfolio. State Board Of Administration Of Florida Retirement System invested in 179,617 shares or 0.1% of the stock. Amica Pension Fund Board Of Trustees owns 0.12% invested in Parker-Hannifin Corporation (NYSE:PH) for 5,062 shares. State Common Retirement Fund stated it has 327,779 shares or 0.08% of all its holdings. Diversified holds 0.02% in Parker-Hannifin Corporation (NYSE:PH) or 1,916 shares. Chicago Equity Prns Ltd Company owns 7,050 shares. Peddock Capital Lc has 2,849 shares. Lingohr & Partner Asset Mgmt Gmbh reported 5,300 shares. Middleton And Company Ma invested in 2,055 shares. Smithfield invested 0.07% in Parker-Hannifin Corporation (NYSE:PH). Fragasso Gru reported 0.41% in Parker-Hannifin Corporation (NYSE:PH).

Since February 16, 2018, it had 0 insider buys, and 3 sales for $780,751 activity. On Tuesday, March 13 the insider Sherrard Roger S sold $384,091.

Analysts expect Parker-Hannifin Corporation (NYSE:PH) to report $2.62 EPS on April, 26 before the open.They anticipate $0.51 EPS change or 24.17 % from last quarter’s $2.11 EPS. PH’s profit would be $348.59M giving it 16.80 P/E if the $2.62 EPS is correct. After having $2.15 EPS previously, Parker-Hannifin Corporation’s analysts see 21.86 % EPS growth. The stock decreased 1.35% or $2.415 during the last trading session, reaching $176.045. About 565,056 shares traded. Parker-Hannifin Corporation (NYSE:PH) has risen 9.45% since April 19, 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 27 analyst reports since October 27, 2017 according to SRatingsIntel. Jefferies maintained Parker-Hannifin Corporation (NYSE:PH) rating on Thursday, January 18. Jefferies has “Hold” rating and $205.0 target. Wells Fargo maintained it with “Buy” rating and $235.0 target in Thursday, January 18 report. BMO Capital Markets maintained it with “Buy” rating and $225.0 target in Thursday, January 4 report. On Friday, October 27 the stock rating was maintained by Cowen & Co with “Hold”. BMO Capital Markets maintained the stock with “Outperform” rating in Monday, November 6 report. The firm has “Buy” rating given on Thursday, January 18 by KeyBanc Capital Markets. As per Friday, November 3, the company rating was maintained by Stifel Nicolaus. As per Thursday, November 2, the company rating was maintained by Jefferies. The stock of Parker-Hannifin Corporation (NYSE:PH) has “Equal-Weight” rating given on Friday, November 3 by Morgan Stanley. The stock of Parker-Hannifin Corporation (NYSE:PH) has “Buy” rating given on Monday, April 9 by Stifel Nicolaus.

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 $23.42 billion. The firm operates in two divisions, Diversified Industrial and Aerospace Systems. It has a 27.39 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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