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

April 16, 2018 - By Michael Collier

Parker-Hannifin Corporation (NYSE:PH) LogoInvestors sentiment increased to 1.07 in Q4 2017. 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.
Eaton Vance Mgmt owns 212,959 shares. Nuveen Asset Lc reported 81,639 shares. Lpl Financial Limited Co reported 0.01% stake. Boston Family Office Ltd Liability Co stated it has 54,894 shares. Ingalls And Snyder Limited Liability Corporation owns 9,183 shares or 0.08% of their US portfolio. Logan Capital Management reported 0.02% of its portfolio in Parker-Hannifin Corporation (NYSE:PH). Pennsylvania Tru Com, Pennsylvania-based fund reported 5,416 shares. Kanawha Mngmt Limited Liability invested in 0.76% or 25,954 shares. Fiera Cap Corp invested 0% in Parker-Hannifin Corporation (NYSE:PH). Hanson Doremus Invest Mngmt has invested 0.04% in Parker-Hannifin Corporation (NYSE:PH). Johnson Invest Counsel Inc accumulated 41,942 shares. Ashfield Cap Partners Limited Company invested 0.5% of its portfolio in Parker-Hannifin Corporation (NYSE:PH). Guggenheim Capital Ltd Com reported 196,560 shares. Everence Mngmt invested in 0.19% or 4,448 shares. First Republic Invest Mngmt holds 0% or 2,226 shares.

Since February 16, 2018, it had 0 insider buys, and 3 selling transactions for $780,751 activity. On Tuesday, March 13 Sherrard Roger S sold $384,091 worth of Parker-Hannifin Corporation (NYSE:PH) or 2,109 shares.

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. The firm has “Outperform” rating by BMO Capital Markets given on Monday, November 6. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Hold” rating by Jefferies on Thursday, November 2. The firm has “Market Perform” rating given on Thursday, March 8 by Wells Fargo. Citigroup maintained Parker-Hannifin Corporation (NYSE:PH) on Friday, November 3 with “Neutral” rating. Jefferies maintained the stock with “Hold” rating in Thursday, January 18 report. The firm earned “Hold” rating on Tuesday, December 19 by Robert W. Baird. Stifel Nicolaus maintained Parker-Hannifin Corporation (NYSE:PH) rating on Friday, November 3. Stifel Nicolaus has “Buy” rating and $210.0 target. The firm earned “Buy” rating on Thursday, January 4 by BMO Capital Markets. The rating was maintained by Stifel Nicolaus on Tuesday, January 16 with “Buy”. On Thursday, February 1 the stock rating was maintained by Robert W. Baird with “Hold”.

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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