Raymond James initiated coverage on Parker-Hannifin with a new price target
$PH
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Raymond James initiated coverage of Parker-Hannifin with a rating of Outperform and set a new price target of $610.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/3/2025 | Outperform → Peer Perform | Wolfe Research | |
| 2/7/2025 | $795.00 | Buy | Citigroup |
| 12/12/2024 | $786.00 | Peer Perform → Outperform | Wolfe Research |
| 11/18/2024 | $691.00 | Buy → Hold | Stifel |
| 11/13/2024 | $842.00 | Buy | UBS |
| 6/28/2024 | $610.00 | Outperform | Raymond James |
| 5/28/2024 | $550.00 → $650.00 | Neutral → Buy | Mizuho |
| 3/14/2024 | $602.00 | Buy | Truist |
CLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2025, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Third Quarter Highlights: Sales were $5.0 billion; organic sales growth was 1%Net income was $961 million, an increase of 32%, or $904 million adjusted, an increase of 6%EPS were $7.37, an increase of 33%, or $6.94 adjusted, an increase of 7%Segment operating margin was 23.2%, an increase of 170 bps, or 26.3% adjusted, an increase of 160 bpsYTD cash flow from operations increased 8% to $2.3 billion, or 1
CLEVELAND, April 24, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $1.80 per share of common stock to shareholders of record as of May 9, 2025. The dividend is payable June 6, 2025. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.63 per common share and will be the 300th consecutive quarterly dividend paid by the company. "This dividend increase reflects the Board's confidence in our financial position and continued ability to generate strong cash flows through the business cycle," said Jenny Pa
CLEVELAND, April 22, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2025 third quarter earnings before the market opens on Thursday, May 1, 2025, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2025 third quarter results and respond to questions from institutional investors and securities analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later th
CLEVELAND, May 08, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Robert W. Malone, Vice President and President – Filtration Group, will retire on August 31, 2025, after 12 years of dedicated service to the company. Parker's Board of Directors has elected Matthew A. Jacobson, currently Vice President of Operations – Motion Systems Group, to succeed Mr. Malone as Vice President and President – Filtration Group, effective July 1, 2025. Mr. Malone was elected as Vice President and President – Filtration Group in 2014. He joined Parker in 2013 as Vice President of Operations for the Filtration Group.
CLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2025, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Third Quarter Highlights: Sales were $5.0 billion; organic sales growth was 1%Net income was $961 million, an increase of 32%, or $904 million adjusted, an increase of 6%EPS were $7.37, an increase of 33%, or $6.94 adjusted, an increase of 7%Segment operating margin was 23.2%, an increase of 170 bps, or 26.3% adjusted, an increase of 160 bpsYTD cash flow from operations increased 8% to $2.3 billion, or 1
CLEVELAND, April 24, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $1.80 per share of common stock to shareholders of record as of May 9, 2025. The dividend is payable June 6, 2025. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.63 per common share and will be the 300th consecutive quarterly dividend paid by the company. "This dividend increase reflects the Board's confidence in our financial position and continued ability to generate strong cash flows through the business cycle," said Jenny Pa
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4/A - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
10-Q - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
Wolfe Research downgraded Parker-Hannifin from Outperform to Peer Perform
Citigroup initiated coverage of Parker-Hannifin with a rating of Buy and set a new price target of $795.00
Wolfe Research upgraded Parker-Hannifin from Peer Perform to Outperform and set a new price target of $786.00
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
CLEVELAND, May 08, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Robert W. Malone, Vice President and President – Filtration Group, will retire on August 31, 2025, after 12 years of dedicated service to the company. Parker's Board of Directors has elected Matthew A. Jacobson, currently Vice President of Operations – Motion Systems Group, to succeed Mr. Malone as Vice President and President – Filtration Group, effective July 1, 2025. Mr. Malone was elected as Vice President and President – Filtration Group in 2014. He joined Parker in 2013 as Vice President of Operations for the Filtration Group.
CLEVELAND, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Joachim Guhe, President - Europe, Middle East and Africa (EMEA) Group, will retire after 32 years of dedicated service. Mr. Guhe will step down from his current role on June 30, 2025, but continue with the company until August 31, 2025, to ensure a successful leadership transition. The company has appointed Thomas Ottawa, currently Vice President of Operations - Motion Systems Group Europe, to succeed Mr. Guhe as President - Europe, Middle East and Africa (EMEA) Group, effective July 1, 2025. "In the more than three decades he spen
Industry veteran Kevin Vicha appointed CEO of Axillon Aerospace, a leading provider of specialty materials for the defense and commercial aerospace markets. SK Capital, a private investment firm focused on the specialty materials, ingredients and life sciences sectors, completed its previously announced acquisition of the North America Composites & Fuel Containment Division of Parker Hannifin Corporation (NYSE:PH). The business, which has been renamed Axillon Aerospace ("Axillon Aerospace" or the "Company"), is a leading provider of engineered carbon fiber composite components and fuel containment solutions for the defense and commercial aerospace markets. Axillon Aerospace generates annua