Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; 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; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.
Company profile
Ticker
PH
Exchange
Website
CEO
Ms. Jennifer A. Parmentier
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
PepsiCo • The Chemours Company • FMC • Ecovyst • Elbit Systems • GCP Applied • Innospec • The Marcus Corporation • Eagle Financial Services • Livent ...
SEC CIK
Corporate docs
Subsidiaries
by Parker-Hannifin Corporation • Securaplane Technologies, Inc. • Meggitt (North Hollywood), Inc. • Meggitt Safety Systems, Inc. • NASCO Aircraft Brake, Inc. • Pacific Scientific Company • Baldwin Filters, Inc. • LORD Technol, Inc. • Meggitt (Rockmart), Inc. • Meggitt (Troy), Inc. ...
IRS number
340451060
PH stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2024 FY
Annual report to shareholders
20 Sep 24
DEF 14A
Definitive proxy
20 Sep 24
10-K
2024 FY
Annual report
22 Aug 24
8-K
Parker Reports Fiscal 2024 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2025
8 Aug 24
8-K
Departure of Directors or Certain Officers
10 Jul 24
SD
Conflict minerals disclosure
30 May 24
10-Q
2024 Q3
Quarterly report
3 May 24
8-K
Parker Reports Fiscal 2024 Third Quarter Results
2 May 24
8-K/A
Submission of Matters to a Vote of Security Holders
21 Mar 24
10-Q
2024 Q2
Quarterly report
6 Feb 24
Transcripts
PH
Earnings call transcript
2024 Q4
8 Aug 24
PH
Earnings call transcript
2024 Q3
2 May 24
PH
Earnings call transcript
2024 Q2
1 Feb 24
PH
Earnings call transcript
2024 Q1
2 Nov 23
PH
Earnings call transcript
2023 Q4
3 Aug 23
PH
Earnings call transcript
2023 Q4
3 Aug 23
PH
Earnings call transcript
2023 Q3
4 May 23
PH
Earnings call transcript
2023 Q2
2 Feb 23
PH
Earnings call transcript
2023 Q1
3 Nov 22
PH
Earnings call transcript
2022 Q4
4 Aug 22
Latest ownership filings
4
Berend Bracht
28 Aug 24
4
Jennifer A Parmentier
26 Aug 24
144
Notice of proposed sale of securities
26 Aug 24
144
Notice of proposed sale of securities
22 Aug 24
4
Andrew D Ross
20 Aug 24
4
JOSEPH SCAMINACE
19 Aug 24
4
Jennifer A Parmentier
16 Aug 24
4
Jay Reidy
16 Aug 24
4
Patrick Scott
16 Aug 24
4
Dinu J Parel
16 Aug 24
Financial summary
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Diluted EPS |
Annual (USD) | Jun 24 | Jun 23 | Jun 22 | Jun 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 422.03 mm | 422.03 mm | 422.03 mm | 422.03 mm | 422.03 mm | 422.03 mm |
Cash burn (monthly) | (no burn) | 4.43 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 16.63 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 405.39 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 91.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
81.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1418 |
Opened positions | 163 |
Closed positions | 129 |
Increased positions | 548 |
Reduced positions | 463 |
13F shares | Current |
---|---|
Total value | 50.45 tn |
Total shares | 105.39 mm |
Total puts | 332.10 k |
Total calls | 535.13 k |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 10.65 mm | $5.39 tn |
BLK BlackRock | 8.71 mm | $4.41 tn |
STT State Street | 5.45 mm | $2.76 tn |
BAC Bank of America | 4.17 mm | $2.11 tn |
FMR | 3.84 mm | $1.94 tn |
Aristotle Capital Management | 3.29 mm | $1.66 tn |
Geode Capital Management | 2.55 mm | $1.29 tn |
AMP Ameriprise Financial | 2.46 mm | $1.24 tn |
IVZ Invesco | 2.34 mm | $1.18 tn |
MS Morgan Stanley | 2.26 mm | $1.14 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Aug 24 | Berend Bracht | Common Stock | Sell | Dispose S | No | No | 592.92 | 850 | 503.98 k | 3,350 |
22 Aug 24 | Parmentier Jennifer A | Common Stock | Sell | Dispose S | No | No | 589.36 | 400 | 235.74 k | 33,607 |
22 Aug 24 | Parmentier Jennifer A | Common Stock | Sell | Dispose S | No | No | 588.45 | 2,241 | 1.32 mm | 34,007 |
22 Aug 24 | Parmentier Jennifer A | Common Stock | Payment of exercise | Dispose F | No | No | 588.58 | 3,979 | 2.34 mm | 36,248 |
22 Aug 24 | Parmentier Jennifer A | Common Stock | Option exercise | Acquire M | No | No | 166.49 | 6,620 | 1.10 mm | 40,227 |
22 Aug 24 | Parmentier Jennifer A | Stock Appreciation Rights Common Stock | Option exercise | Dispose M | No | No | 166.49 | 6,620 | 1.10 mm | 0 |
16 Aug 24 | Ross Andrew D | Common Stock | Sell | Dispose S | No | No | 588.07 | 1,248 | 733.91 k | 13,120 |
16 Aug 24 | Ross Andrew D | Common Stock | Sell | Dispose S | No | No | 588.9 | 1,985 | 1.17 mm | 14,368 |
15 Aug 24 | Joseph Scaminace | Common Stock | Sell | Dispose S | Yes | No | 589.73 | 1,751 | 1.03 mm | 3,900 |
14 Aug 24 | Ross Andrew D | Stock Appreciation Rights Common Stock | Grant | Acquire A | No | No | 578.39 | 10,270 | 5.94 mm | 10,270 |
News
Is a Beat in the Offing for GE Aerospace in Q3 Earnings?
17 Oct 24
Mizuho Maintains Outperform on Parker Hannifin, Raises Price Target to $715
17 Oct 24
Keybanc Maintains Overweight on Parker Hannifin, Raises Price Target to $725
14 Oct 24
Here's How Much $1000 Invested In Parker Hannifin 20 Years Ago Would Be Worth Today
10 Oct 24
Truist Securities Maintains Buy on Parker Hannifin, Raises Price Target to $788
9 Oct 24
Press releases
Parker to Announce Fiscal 2025 First Quarter Earnings on October 31; Conference Call and Webcast Scheduled for 11 a.m. Eastern
21 Oct 24
Parker to Webcast Annual Meeting of Shareholders on October 23 at 9:00 a.m. Eastern
16 Oct 24
Parker Scheduled to Present at the Jefferies Industrials Conference on September 5 at 11:00 a.m. Eastern Time
27 Aug 24
Parker Declares Quarterly Cash Dividend
15 Aug 24
Parker Reports Fiscal 2024 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2025
8 Aug 24