Here is What Institutional Investors Think About Parker Hannifin Corp (NYSE:PH)

Marco Green
September 25, 2017

The Massachusetts Financial Services Company holds 397,819 shares with $14.30 million value, up from 255,134 last quarter. Equinix Inc now has $35.02B valuation. The stock increased 0.68% or $1.2 on September 22, reaching $177.11. Also, Director Joseph Scaminace sold 500 shares of the business's stock in a transaction on Monday, August 28th. It has outperformed by 42.56% the S&P500.

Analysts expect Parker-Hannifin Corp (NYSE:PH) to report $1.99 EPS on October, 20.They anticipate $0.38 EPS change or 23.60% from last quarter's $1.61 EPS. The 9 months bullish chart indicates low risk for the $23.58 billion company. The 1-year high was reported on Sep, 23 by Barchart.com.

Fayez Sarofim & Company increased Anheuserbuschinbevsa/Nvsponadr (NYSE:BUD) stake by 22,252 shares to 1.09M valued at $119.90M in 2017Q2. The stock increased 0.91% or $0.37 on September 22, reaching $40.89. About 741,637 shares traded. Additionally Parker-Hannifin Corporation announced a dividend paid on Friday the 8th of September 2017. It has outperformed by 27.53% the S&P500.

Since March 30, 2017, it had 0 insider buys, and 7 selling transactions for $5.19 million activity. Shares for $536,699 were sold by Ross Andrew D on Thursday, May 25. Bowman William R had sold 2,900 shares worth $460,868 on Thursday, May 11. The Free Cash Flow Yield 5 Year Average of Parker-Hannifin Corporation (NYSE:PH) is 0.037034.

Watching some historical volatility numbers on shares of Parker-Hannifin Corporation (NYSE:PH), we can see that the 12 month volatility is presently 19.7606. Therefore 71% are positive.

Ratings analysis reveals 63% of Parker-Hannifin's analysts are positive. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have assigned a buy rating to the company. The stock of PPL Corp (NYSE:PPL) earned "Hold" rating by Deutsche Bank on Friday, February 5. The stock has "Overweight" rating by Morgan Stanley on Thursday, March 2. The rating was initiated by Barclays Capital with "Equal-Weight" on Friday, April 1. As per Tuesday, November 8, the company rating was upgraded by JP Morgan. Stifel Nicolaus reiterated a "buy" rating and issued a $189.00 price objective on shares of Parker-Hannifin Corporation in a research report on Friday, July 14th. Asset Management Inc has invested 0.04% in Parker-Hannifin Corp (NYSE:PH).

Investors sentiment increased to 1.13 in 2017 Q2. Finally, Marble Harbor Investment Counsel LLC lifted its position in shares of Parker-Hannifin Corporation by 0.4% during the 1st quarter. It is positive, as 48 investors sold PH shares while 193 reduced holdings. 103.85 million shares or 1.52% more from 102.30 million shares in 2017Q1 were reported. San Francisco Sentry Invest Grp (Ca) holds 0.01% or 168 shares. 100,786 were accumulated by Sei Com. Conning invested in 0.05% or 9,319 shares. Ibm Retirement Fund invested in 3,232 shares or 0.11% of the stock.

Several research firms have recently issued reports on PH. Parkwood Ltd Liability reported 3,043 shares. Kessler Gp Limited Liability Corporation, Indiana-based fund reported 87,140 shares. Nomura holds 10,140 shares. Two Sigma Securities LLC bought a new position in shares of Parker-Hannifin Corporation in the first quarter worth $785,000. Greenwich Wealth Mngmt Ltd Limited Liability Company stated it has 27,317 shares or 0.73% of all its holdings. Da Davidson And holds 0.03% or 7,608 shares.

Analysts await Parker-Hannifin Corp (NYSE:PH) to report earnings on October, 20. In the latest earnings report the EPS was $7.25 and is estimated to be $9.08 for the current year with 133,129,000 shares now outstanding. NLSN's profit would be $228.20M giving it 15.97 P/E if the $0.64 EPS is correct. Parker-Hannifin Corporation (NYSE:PH) presently has a current ratio of 1.41.

Parker-Hannifin Corporation is a manufacturer of motion and control technologies and systems, providing precision engineered solutions for a range of mobile, industrial and aerospace markets.

Parker-Hannifin Corporation now has a P/E ratio of 24.29 and the market cap is 23.44B. The Company operates through segments: Diversified Industrial and Aerospace Systems. It has a 24.34 P/E ratio. The Diversified Industrial Segment is an aggregation of several business units, which manufacture motion-control and fluid power system components for builders and users of various types of manufacturing, packaging, processing, transportation, agricultural, construction, and military vehicles and equipment. Williams Thomas L sold $2.95M worth of stock. Tredje AP fonden now owns 13,578 shares of the industrial products company's stock worth $2,170,000 after purchasing an additional 8,078 shares in the last quarter. General Electric Co (Call) (NYSE:GE) was reduced too. ValuEngine upgraded Parker-Hannifin Corporation from a "hold" rating to a "buy" rating in a research report on Wednesday, June 14th. The firm has "Buy" rating by Evercore given on Monday, November 7. RBC Capital Markets maintained it with "Hold" rating and $38.0 target in Sunday, August 20 report. The firm has "Buy" rating given on Tuesday, July 18 by Deutsche Bank. Telsey Advisory Group maintained Nielsen N.V. Ordinary Shares (NYSE:NLSN) rating on Wednesday, October 26. UBS has "Buy" rating and $33 target. Morgan Stanley downgraded Nielsen N.V. Ordinary Shares (NYSE:NLSN) rating on Wednesday, March 9. The insider JACKSON JAMERE sold 11,500 shares worth $443,325. $1.92M worth of stock was sold by Barns Dwight on Monday, March 27.

Investors sentiment increased to Infinity in Q2 2017. Its up Infinity, from 0.33 in 2017Q1. 0 funds opened positions while 1 raised stakes. Peak6 Ltd Partnership holds 0.01% or 4,489 shares in its portfolio. Swiss Bancshares owns 95,100 shares for 0% of their portfolio. 35,428 were accumulated by State Board Of Administration Of Florida Retirement Systems. Castleark Mgmt Ltd Llc reported 226,982 shares. (NASDAQ:EQIX). Whittier Tru Communications has 0% invested in Equinix, Inc. It also reduced Nvidia Corp (NASDAQ:NVDA) stake by 4,400 shares and now owns 55,282 shares. Gulf Financial Bank (Uk) reported 41,725 shares or 0.09% of all its holdings. Guggenheim Lc has invested 0% of its portfolio in Great Western Bancorp Inc (NYSE:GWB). Retail Bank Of America Corp De holds 0% or 494,908 shares. Axa accumulated 0.08% or 106,355 shares. Ameriprise Financial has invested 0% of its portfolio in RealPage Inc (NASDAQ:RP). Meeder Asset Mgmt reported 0.07% stake.

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