Parker Hannifin에 대한 매도 수량은 투자자에게 Parker Hannifin의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Parker Hannifin (NYSE:PH) 주식, 공매도 수량 보고

Parker Hannifin

Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.

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목요일 오전 (현지 시간 기준) 미국 주식 선물 거래가 혼조세를 보이고 있는 가운데 오늘 투자자들의 관심을 끌 수 있는 주식은 다음과 같다:

목요일 주목해야 할 주식: 일라이 릴리, US 푸즈, 블루 버드 그리고 종목

Parker Hannifin Corp

PHALA - United States dollar

Pharming Group N.V. - ADS, each representing 10 ordinary shares

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PT ASPIRASI HIDU U/ADR by PT Aspirasi Hidup Indonesia TBK

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PHASE HOLOGRAPHIC IMAGNG by Phase Holographic Imaging PHI AB

PT HANJAYA MANDALA SAMPRN by PT Hanjaya Mandala Sampoerna Terbuka

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POLY PPTY GROUP CO ORD by Poly Property Group Co Ltd

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PHOSPHATE HOLDINGS INC by Phosphate Holdings, Inc.

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GrowLife Inc

PHILIP MORRIS CR AS ORD by PHILIP MORRIS CR AS

Philip Morris CR AS

Signify NV

PRIMARY HEALTH PROPERTIES by Primary Health Properties Plc.

Primary Health Properties PLC

PUSHPAY HLDGS LTD NEW by Pushpay Hldgs Ltd.

Phreesia Inc

PHARMARON BEIJING U/ADR by PHARMARON BEIJING CO LTD.

PHARMATHER HLDGS LTD by PharmaTher Holdings Ltd.

PharmaTher Holdings Ltd

Pharmagen Inc

PHarol SGPS SA

PENTHOUSE INTL INC by Penthouse International, Inc.

PACIFIC HOSP SUPPLY CO by Pacific Hospital Supply Co., Ltd.

Pioneer High Income Trust

Phunware Inc

Pharvaris NV

PHX Minerals Inc

PHX ENERGY SERVICES CORP by PHX Energy Services Corp.

PHX Energy Services Corp

PHAXIAM Therapeutics SA SPONSORED ADR NEW

Putnam ETF Trust Putnam ESG High Yield ETF

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IXICO PLC

Sprott Physical Gold Trust

PYROPHYTE ACQ CORP A by Pyrophyte Acquisition Corp.

Pyrophyte Acquisition Corp

Pyrophyte Acquisition Corp Units (1 Ord Share Class A & 1/2 War)

Pyrophyte Acquisition Corp Warrants(01/01/9999)

Truist Securities analyst Jamie Cook maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Buy and raises the price target from $788 to $842.

Price Target

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Truist Securities Maintains Buy on Parker Hannifin, Raises Price Target to $842

WIIM

GTLS

LECO

NDSN

PCAR

PPIH

Shares of machine companies are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) has outperformed the market over the past 20 years by 5.37% on an annualized basis producing an average annual return of 13.78%. Currently, Parker Hannifin has a market capitalization of $86.44 billion. 
Buying $100 In PH: If an investor had bought $100 of PH stock 20 years ago, it would be worth $1,319.28 today based on a price of $671.82 for PH at the time of writing.
<h3>Parker Hannifin's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734381907_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Parker Hannifin Stock In The Last 20 Years

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Seaport Global analyst David Joyce upgraded the rating for Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) from Neutral to Buy and announced a $46 price target. Comcast shares closed at $39.71 on Wednesday. <a href="https://www.benzinga.com/quote/CMCSA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wolfe Research analyst Nigel Coe upgraded Parker-Hannifin Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) from Peer Perform to Outperform. Parker Hannifin shares closed at $686.39 on Wednesday. <a href="https://www.benzinga.com/quote/PH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Goldman Sachs analyst Noah Poponak upgraded the rating for Parsons Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSN#NYSE">PSN</a>) from Neutral to Buy and raised the price target from $103 to $111. Parsons shares closed at $95.19 on Wednesday. <a href="https://www.benzinga.com/quote/PSN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank analyst Steve Powers upgraded The Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) from Hold to Buy and raises the price target from $68 to $70. Coca-Cola shares closed at $62.64 on Wednesday. <a href="https://www.benzinga.com/quote/KO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Brandon Nispel upgraded the rating for Charter Communications, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) from Sector Weight to Overweight and maintained the price target of $500. Charter Communications shares closed at $378.49 on Wednesday. <a href="https://www.benzinga.com/quote/CHTR/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying KO stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="575" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12093427/image-102-1024x575.png" alt="" class="wp-image-689592" style="width:562px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12093427/image-102-1024x575.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12093427/image-102-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12093427/image-102-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/12093427/image-102.png 1123w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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This Coca-Cola Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

Wolfe Research analyst Nigel Coe upgrades Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) from Peer Perform to Outperform.

Wolfe Research Upgrades Parker Hannifin to Outperform

Jefferies analyst Stephen Volkmann maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Buy and raises the price target from $765 to $810.

Jefferies Maintains Buy on Parker Hannifin, Raises Price Target to $810

In the latest quarter, 14 analysts provided ratings for Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>), showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">7</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $711.07, a high estimate of $842.00, and a low estimate of $520.00. This current average has increased by 10.24% from the previous average price target of $645.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1733428848_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Parker Hannifin. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$800.00</td>
<td>$703.00</td>
</tr>
<tr>
<td>Jeffrey Hammond</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$775.00</td>
<td>$725.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Maintains</td>
<td>Hold</td>
<td>$691.00</td>
<td>$691.00</td>
</tr>
<tr>
<td>Amit Mehrotra</td>
<td>UBS</td>
<td>Announces</td>
<td>Buy</td>
<td>$842.00</td>
<td>-</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$575.00</td>
<td>$520.00</td>
</tr>
<tr>
<td>John Eade</td>
<td>Argus Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$710.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Mircea Dobre</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$710.00</td>
<td>$695.00</td>
</tr>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$715.00</td>
<td>$665.00</td>
</tr>
<tr>
<td>Jeffrey Hammond</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$725.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$788.00</td>
<td>$673.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$710.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$703.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$691.00</td>
<td>$633.00</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$520.00</td>
<td>$500.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Parker Hannifin. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Parker Hannifin compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Parker Hannifin's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Parker Hannifin's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Parker Hannifin analyst ratings.</a>
<h2>Unveiling the Story Behind Parker Hannifin</h2>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Parker Hannifin: Delving into Financials</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Parker Hannifin showcased positive performance, achieving a revenue growth rate of 1.17% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Parker Hannifin's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 14.24% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.6%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Parker Hannifin's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 2.37%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Parker Hannifin's debt-to-equity ratio surpasses industry norms, standing at 0.79. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Parker Hannifin Stock: A Deep Dive Into Analyst Perspectives (14 Ratings)

Barclays analyst Julian Mitchell maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Overweight and raises the price target from $703 to $800.

Barclays Maintains Overweight on Parker Hannifin, Raises Price Target to $800

Parker Hannifin's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) short percent of float has risen 31.25% since its last report. The company recently reported that it has 1.35 million shares sold short, which is 1.05% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.69 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Parker Hannifin Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733241612_0_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Parker Hannifin has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Parker Hannifin's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Parker Hannifin's peer group average for short interest as a percentage of float is 3.47%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Parker Hannifin?

Keybanc analyst Jeffrey Hammond maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Overweight and raises the price target from $725 to $775.

Keybanc Maintains Overweight on Parker Hannifin, Raises Price Target to $775

In the last three months, 13 analysts have published ratings on Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>), offering a diverse range of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">6</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $694.62, a high estimate of $842.00, and a low estimate of $520.00. This current average reflects an increase of 10.16% from the previous average price target of $630.58. 
<img src="https://www.benzinga.com/files/images/story/2024/1731942049_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The analysis of recent analyst actions sheds light on the perception of Parker Hannifin by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Maintains</td>
<td>Hold</td>
<td>$691.00</td>
<td>$691.00</td>
</tr>
<tr>
<td>Amit Mehrotra</td>
<td>UBS</td>
<td>Announces</td>
<td>Buy</td>
<td>$842.00</td>
<td>-</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$575.00</td>
<td>$520.00</td>
</tr>
<tr>
<td>John Eade</td>
<td>Argus Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$710.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Mircea Dobre</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$710.00</td>
<td>$695.00</td>
</tr>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$715.00</td>
<td>$665.00</td>
</tr>
<tr>
<td>Jeffrey Hammond</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$725.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$788.00</td>
<td>$673.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$710.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$703.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$691.00</td>
<td>$633.00</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$520.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>Tim Thein</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$650.00</td>
<td>$610.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Parker Hannifin. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Parker Hannifin compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Parker Hannifin's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Parker Hannifin's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Parker Hannifin analyst ratings.</a>
<h2>Discovering Parker Hannifin: A Closer Look</h2>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Parker Hannifin: A Financial Overview</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Positive Revenue Trend: Examining Parker Hannifin's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.17% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Parker Hannifin's net margin is impressive, surpassing industry averages. With a net margin of 14.24%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Parker Hannifin's ROE excels beyond industry benchmarks, reaching 5.6%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 2.37%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Parker Hannifin's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.79, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From Parker Hannifin Analyst Ratings

Stifel analyst Nathan Jones downgrades Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) from Buy to Hold and maintains the price target from $691 to $691.

Downgrades

Stifel Downgrades Parker Hannifin to Hold, Maintains Price Target to $691

In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) against its key competitors in the Machinery industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Parker Hannifin Background</h3>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Parker Hannifin Corp</td>
<td>31.44</td>
<td>6.97</td>
<td>4.55</td>
<td>5.6%</td>
<td>$1.22</td>
<td>$1.81</td>
<td>1.17%</td>
</tr>
<tr>
<td>Illinois Tool Works Inc</td>
<td>23.37</td>
<td>23.50</td>
<td>5.06</td>
<td>36.52%</td>
<td>$1.53</td>
<td>$1.74</td>
<td>-1.61%</td>
</tr>
<tr>
<td>Ingersoll Rand Inc</td>
<td>50.24</td>
<td>4.04</td>
<td>5.87</td>
<td>2.19%</td>
<td>$0.49</td>
<td>$0.81</td>
<td>7.02%</td>
</tr>
<tr>
<td>Xylem Inc</td>
<td>34.95</td>
<td>2.79</td>
<td>3.51</td>
<td>2.07%</td>
<td>$0.42</td>
<td>$0.78</td>
<td>1.35%</td>
</tr>
<tr>
<td>Dover Corp</td>
<td>18.36</td>
<td>4.87</td>
<td>3.32</td>
<td>6.28%</td>
<td>$0.5</td>
<td>$0.76</td>
<td>1.28%</td>
</tr>
<tr>
<td>Fortive Corp</td>
<td>30.24</td>
<td>2.49</td>
<td>4.33</td>
<td>2.1%</td>
<td>$0.41</td>
<td>$0.92</td>
<td>2.68%</td>
</tr>
<tr>
<td>Snap-on Inc</td>
<td>18.40</td>
<td>3.43</td>
<td>4.07</td>
<td>4.67%</td>
<td>$0.37</td>
<td>$0.59</td>
<td>-1.06%</td>
</tr>
<tr>
<td>Pentair PLC</td>
<td>26.46</td>
<td>5</td>
<td>4.32</td>
<td>4.03%</td>
<td>$0.21</td>
<td>$0.39</td>
<td>-1.53%</td>
</tr>
<tr>
<td>IDEX Corp</td>
<td>35.56</td>
<td>4.55</td>
<td>5.45</td>
<td>3.19%</td>
<td>$0.21</td>
<td>$0.35</td>
<td>0.6%</td>
</tr>
<tr>
<td>Graco Inc</td>
<td>31.51</td>
<td>5.99</td>
<td>7.20</td>
<td>4.96%</td>
<td>$0.17</td>
<td>$0.28</td>
<td>-3.79%</td>
</tr>
<tr>
<td>Nordson Corp</td>
<td>31.25</td>
<td>5.14</td>
<td>5.55</td>
<td>4.16%</td>
<td>$0.2</td>
<td>$0.37</td>
<td>1.99%</td>
</tr>
<tr>
<td>ITT Inc</td>
<td>25.88</td>
<td>4.50</td>
<td>3.54</td>
<td>6.05%</td>
<td>$0.24</td>
<td>$0.31</td>
<td>7.68%</td>
</tr>
<tr>
<td>Lincoln Electric Holdings Inc</td>
<td>24.76</td>
<td>8.74</td>
<td>2.95</td>
<td>7.6%</td>
<td>$0.17</td>
<td>$0.35</td>
<td>-4.79%</td>
</tr>
<tr>
<td>Mueller Industries Inc</td>
<td>17.54</td>
<td>3.83</td>
<td>2.87</td>
<td>6.46%</td>
<td>$0.23</td>
<td>$0.28</td>
<td>21.72%</td>
</tr>
<tr>
<td>Crane Co</td>
<td>38.48</td>
<td>6.32</td>
<td>4.44</td>
<td>5.07%</td>
<td>$0.12</td>
<td>$0.24</td>
<td>12.66%</td>
</tr>
<tr>
<td>Donaldson Co Inc</td>
<td>22.74</td>
<td>6.18</td>
<td>2.63</td>
<td>7.38%</td>
<td>$0.17</td>
<td>$0.33</td>
<td>6.36%</td>
</tr>
<tr>
<td>RBC Bearings Inc</td>
<td>45.70</td>
<td>3.41</td>
<td>5.77</td>
<td>1.71%</td>
<td>$0.12</td>
<td>$0.17</td>
<td>3.19%</td>
</tr>
<tr>
<td>Flowserve Corp</td>
<td>29.16</td>
<td>3.79</td>
<td>1.72</td>
<td>2.9%</td>
<td>$0.12</td>
<td>$0.36</td>
<td>3.5%</td>
</tr>
<tr>
<td>ESAB Corp</td>
<td>28.41</td>
<td>4.16</td>
<td>2.80</td>
<td>3.85%</td>
<td>$0.12</td>
<td>$0.25</td>
<td>-1.14%</td>
</tr>
<tr>
<td>SPX Technologies Inc</td>
<td>43.46</td>
<td>5.58</td>
<td>4</td>
<td>3.8%</td>
<td>$0.1</td>
<td>$0.2</td>
<td>7.8%</td>
</tr>
<tr>
<td>The Middleby Corp</td>
<td>18.69</td>
<td>2.03</td>
<td>1.90</td>
<td>3.26%</td>
<td>$0.21</td>
<td>$0.36</td>
<td>-3.86%</td>
</tr>
<tr>
<td>Chart Industries Inc</td>
<td>48.12</td>
<td>2.44</td>
<td>2.10</td>
<td>2.17%</td>
<td>$0.25</td>
<td>$0.36</td>
<td>18.33%</td>
</tr>
<tr>
<td>Watts Water Technologies Inc</td>
<td>25.41</td>
<td>4.18</td>
<td>3.14</td>
<td>4.18%</td>
<td>$0.11</td>
<td>$0.26</td>
<td>7.79%</td>
</tr>
<tr>
<td>Gates Industrial Corp PLC</td>
<td>24.99</td>
<td>1.70</td>
<td>1.60</td>
<td>1.51%</td>
<td>$0.16</td>
<td>$0.34</td>
<td>-4.83%</td>
</tr>
<tr>
<td>Average</td>
<td>30.16</td>
<td>5.16</td>
<td>3.83</td>
<td>5.48%</td>
<td>$0.29</td>
<td>$0.47</td>
<td>3.54%</td>
</tr>
</tbody>
</table>
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 </style>Upon analyzing Parker Hannifin, the following trends can be observed: 
<ul>
<li>
Notably, the current Price to Earnings ratio for this stock, 31.44, is 1.04x above the industry norm, reflecting a higher valuation relative to the industry.
</li>
<li>
The elevated Price to Book ratio of 6.97 relative to the industry average by 1.35x suggests company might be overvalued based on its book value.
</li>
<li>
The stock's relatively high Price to Sales ratio of 4.55, surpassing the industry average by 1.19x, may indicate an aspect of overvaluation in terms of sales performance.
</li>
<li>
The Return on Equity (ROE) of 5.6% is 0.12% above the industry average, highlighting efficient use of equity to generate profits.
</li>
<li>
The company exhibits higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $1.22 Billion, which is 4.21x above the industry average, implying stronger profitability and robust cash flow generation.
</li>
<li>
The company has higher gross profit of $1.81 Billion, which indicates 3.85x above the industry average, indicating stronger profitability and higher earnings from its core operations.
</li>
<li>
The company is witnessing a substantial decline in revenue growth, with a rate of 1.17% compared to the industry average of 3.54%, which indicates a challenging sales environment.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731682818_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
In terms of the Debt-to-Equity ratio, Parker Hannifin stands in comparison with its top 4 peers, leading to the following comparisons:
<ul>
<li>
When considering the debt-to-equity ratio, Parker Hannifin exhibits a stronger financial position compared to its top 4 peers.
</li>
<li>
This indicates that the company has a favorable balance between debt and equity, with a lower debt-to-equity ratio of 0.79, which can be perceived as a positive aspect by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Parker Hannifin in the Machinery industry, the PE, PB, and PS ratios are all high compared to its peers, indicating potentially overvalued stock. On the other hand, the high ROE, EBITDA, and gross profit suggest strong profitability and operational efficiency. However, the low revenue growth rate may raise concerns about the company's future performance relative to industry peers.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Parker Hannifin Against Peers In Machinery Industry

UBS analyst Amit Mehrotra initiates coverage on Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Buy rating and announces Price Target of $842.

Initiation

UBS Initiates Coverage On Parker Hannifin with Buy Rating, Announces Price Target of $842

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$25.00</td>
<td>$32.0K</td>
<td>1.4K</td>
<td>1.3K</td>
</tr>
<tr>
<td>PH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$640.00</td>
<td>$41.6K</td>
<td>309</td>
<td>585</td>
</tr>
<tr>
<td>CAR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$105.00</td>
<td>$60.0K</td>
<td>11</td>
<td>500</td>
</tr>
<tr>
<td>MTZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$125.00</td>
<td>$51.6K</td>
<td>25</td>
<td>235</td>
</tr>
<tr>
<td>ZIM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/27/24</td>
<td>$22.00</td>
<td>$28.0K</td>
<td>1</td>
<td>100</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$43.00</td>
<td>$48.4K</td>
<td>60</td>
<td>44</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$400.00</td>
<td>$41.2K</td>
<td>214</td>
<td>30</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$770.00</td>
<td>$56.6K</td>
<td>25</td>
<td>20</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$220.00</td>
<td>$51.3K</td>
<td>101</td>
<td>20</td>
</tr>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$250.00</td>
<td>$36.1K</td>
<td>55</td>
<td>1</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we observe a call option sweep with bearish sentiment. It expires in 430 day(s) on January 16, 2026. Parties traded 100 contract(s) at a $25.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $320.0 per contract. There were 1489 open contracts at this strike prior to today, and today 1354 contract(s) were bought and sold. 
• Regarding PH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>), we observe a put option trade with bearish sentiment. It expires in 38 day(s) on December 20, 2024. Parties traded 170 contract(s) at a $640.00 strike. The total cost received by the writing party (or parties) was $41.6K, with a price of $245.0 per contract. There were 309 open contracts at this strike prior to today, and today 585 contract(s) were bought and sold. 
• For CAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on November 22, 2024. This event was a transfer of 500 contract(s) at a $105.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $120.0 per contract. There were 11 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold. 
• Regarding MTZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTZ#NYSE">MTZ</a>), we observe a call option sweep with bearish sentiment. It expires in 66 day(s) on January 17, 2025. Parties traded 30 contract(s) at a $125.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $51.6K, with a price of $1720.0 per contract. There were 25 open contracts at this strike prior to today, and today 235 contract(s) were bought and sold. 
• For ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we notice a put option sweep that happens to be bearish, expiring in 45 day(s) on December 27, 2024. This event was a transfer of 100 contract(s) at a $22.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $270.0 per contract. There were 1 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• Regarding UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we observe a call option trade with bearish sentiment. It expires in 402 day(s) on December 19, 2025. Parties traded 10 contract(s) at a $43.00 strike. The total cost received by the writing party (or parties) was $48.4K, with a price of $4845.0 per contract. There were 60 open contracts at this strike prior to today, and today 44 contract(s) were bought and sold. 
• Regarding DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we observe a put option trade with bullish sentiment. It expires in 430 day(s) on January 16, 2026. Parties traded 10 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $41.2K, with a price of $4120.0 per contract. There were 214 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold. 
• Regarding URI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>), we observe a put option sweep with bullish sentiment. It expires in 311 day(s) on September 19, 2025. Parties traded 10 contract(s) at a $770.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $56.6K, with a price of $5661.0 per contract. There were 25 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• Regarding GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we observe a call option trade with bearish sentiment. It expires in 430 day(s) on January 16, 2026. Parties traded 4 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $51.3K, with a price of $12826.0 per contract. There were 101 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• For AXON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>), we notice a call option trade that happens to be bearish, expiring in 430 day(s) on January 16, 2026. This event was a transfer of 1 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $36.1K, with a price of $36169.0 per contract. There were 55 open contracts at this strike prior to today, and today 1 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AXON

RKLB

10 Industrials Stocks Whale Activity In Today's Session

TD Cowen analyst Joseph Giordano maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Hold and raises the price target from $520 to $575.

TD Cowen Maintains Hold on Parker Hannifin, Raises Price Target to $575

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Shares of machinery companies are trading higher. Investors may be reacting to the US presidential election and its impact on the industry.

Joseph Leonti, VP at Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>), disclosed an insider sell on November 5, according to a recent SEC filing.
What Happened: Leonti's recent move involves selling 5,877 shares of Parker Hannifin. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000076334/000106299324018351//Archives/edgar/data/76334/000106299324018351/0001062993-24-018351-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value is $3,708,622.
During Wednesday's morning session, Parker Hannifin shares up by 6.97%, currently priced at $699.02.
<h3>Discovering Parker Hannifin: A Closer Look</h3>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Unraveling the Financial Story of Parker Hannifin</h3>
Decline in Revenue: Over the 3 months period, Parker Hannifin faced challenges, resulting in a decline of approximately -5.45% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 36.83%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Parker Hannifin's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 5.43.
</li>
</ul>
Debt Management: Parker Hannifin's debt-to-equity ratio surpasses industry norms, standing at 0.79. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: Parker Hannifin's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 29.45.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 4.26, Parker Hannifin's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 18.6 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000076334">Check Out The Full List Of Parker Hannifin's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Parker Hannifin VP Sold $3.71M In Company Stock

Argus Research analyst John Eade maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Buy and raises the price target from $650 to $710.

Argus Research Maintains Buy on Parker Hannifin, Raises Price Target to $710

14 analysts have shared their evaluations of Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $677.14, a high estimate of $788.00, and a low estimate of $520.00. This current average has increased by 8.17% from the previous average price target of $626.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1730491497_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The perception of Parker Hannifin by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mircea Dobre</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$710.00</td>
<td>$695.00</td>
</tr>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$715.00</td>
<td>$665.00</td>
</tr>
<tr>
<td>Jeffrey Hammond</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$725.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$788.00</td>
<td>$673.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$710.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$703.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$691.00</td>
<td>$633.00</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$520.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>Tim Thein</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$650.00</td>
<td>$610.00</td>
</tr>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$656.00</td>
<td>$620.00</td>
</tr>
<tr>
<td>Nicole Deblase</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$645.00</td>
<td>$595.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$640.00</td>
<td>$600.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$673.00</td>
<td>$621.00</td>
</tr>
<tr>
<td>Mircea Dobre</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$654.00</td>
<td>$622.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Parker Hannifin. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Parker Hannifin compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Parker Hannifin's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Parker Hannifin's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Parker Hannifin analyst ratings.</a>
<h2>Delving into Parker Hannifin's Background</h2>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Parker Hannifin: Financial Performance Dissected</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Parker Hannifin showcased positive performance, achieving a revenue growth rate of 1.78% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Parker Hannifin's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.13% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Parker Hannifin's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.63%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Parker Hannifin's ROA excels beyond industry benchmarks, reaching 2.67%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 0.87, Parker Hannifin faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Basics of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Closer Look at 14 Analyst Recommendations For Parker Hannifin

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Truist raised the firm's price target on Parker-Hannifin (PH) to $842 from $788 and keeps a Buy rating on the shares as part of a broader research ...

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