Last $127.03 USD
Change Today +2.36 / 1.89%
Volume 1.9M
PH On Other Exchanges
Symbol
Exchange
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As of 4:15 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

parker hannifin corp (PH) Snapshot

Open
$126.39
Previous Close
$124.67
Day High
$127.59
Day Low
$125.91
52 Week High
06/9/14 - $130.44
52 Week Low
10/15/14 - $99.82
Market Cap
18.9B
Average Volume 10 Days
1.7M
EPS TTM
$6.66
Shares Outstanding
148.8M
EX-Date
11/6/14
P/E TM
19.1x
Dividend
$2.52
Dividend Yield
1.49%
Current Stock Chart for PARKER HANNIFIN CORP (PH)

parker hannifin corp (PH) Related Businessweek News

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parker hannifin corp (PH) Details

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. It operates through two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides pneumatic, fluidic, and electromechanical components and systems; 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 components and systems for builders and users of industrial and mobile machinery and equipment; 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; and static and dynamic sealing devices. This segment sells its products to original equipment manufacturers and their replacement markets in manufacturing, packaging, processing, transportation, mobile construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. The Aerospace Systems segment offers flight control, hydraulic, fuel, fluid conveyance, and engine systems and components for commercial and military airframe, and engine programs. It also provides electronics thermal management heat rejection systems, and single-phase and two-phase heat collection systems for radar, ISAR, and power electronics. This segment markets its products directly to original equipment manufacturers and end users in the commercial and military aerospace markets. The company markets its products through direct-sales employees, independent distributors, and sales representatives. Parker-Hannifin Corporation was founded in 1918 and is headquartered in Cleveland, Ohio.

57,500 Employees
Last Reported Date: 10/28/14
Founded in 1918

parker hannifin corp (PH) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.3M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $611.3K
Vice President and President of Hydraulics Gr...
Total Annual Compensation: $549.7K
Vice President and President of Fluid Connect...
Total Annual Compensation: $517.2K
Executive Vice President and Operating Office...
Total Annual Compensation: $720.0K
Compensation as of Fiscal Year 2014.

parker hannifin corp (PH) Key Developments

Parker Hannifin Corporation Names Robert Malone as Vice President and President - Filtration Group

Parker Hannifin Corporation named Robert Malone as Vice President and President - Filtration Group and an Officer of the company, effective December 1, 2014. Mr. Malone replaces Peter Popoff, who will retire effective February 1, 2015. Prior to joining Parker, he was President and CEO for Purolator Filters.

Parker-Hannifin Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014; Provides Earnings Guidance for the Fiscal Year Ending June 30, 2015 and for the Second Quarter, first half and second half of 2015

Parker-Hannifin Corporation announced unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company announced net sales of $3,269,932,000 compared to $3,226,144,000 for the same period a year ago. Income before income taxes was $396,635,000 compared to $324,090,000 for the same period a year ago. Net income was $280,171,000 compared to $244,320,000 for the same period a year ago. Net income attributable to common shareholders was $280,089,000 compared to $244,316,000 for the same period a year ago. Earnings per share attributable to common shareholders, diluted were $1.85 compared to $1.61 for the same period a year ago. Adjusted earnings per diluted share were $1.89 compared to $1.67 for the same period a year ago. Net cash provided by operating activities was $260,874,000 compared to $282,691,000 for the same period a year ago. Capital expenditures were $54,709,000 compared to $56,651,000 for the same period a year ago. Adjusted operating income for the first quarter, increased to $264 million from $236 million a year ago, again, mainly the result of higher volume in the quarter. For the fiscal year ending June 30, 2015, the company has increased guidance for earnings from continuing operations to the range of $7.20 to $7.80 per diluted share, or $7.45 to $8.05 per diluted share on an adjusted basis. Fiscal year 2015 guidance is adjusted for expected restructuring expenses of approximately $0.25 per diluted share. The company increasing its fiscal 2015 guidance to reflect strong first quarter performance moderated by what the company anticipates to be the expected negative effect of foreign currency. The full year tax rate is projected at 29%. The company anticipates that fiscal year 2015 will be 14th consecutive year of cash flows greater than 10%. Earnings per share first half, second half is 43%, 57%, or $2.98 in the first half and $3.95 at second half, and again, at the midpoint. Second quarter adjusted earnings per share is projected to be $1.47 at the midpoint, and this number has been adjusted for $0.08 of restructuring costs expected to be incurred in the second quarter.

Parker Electromechanical Automation Releases High Moment Rodless Linear Actuator Series

Parker Electromechanical Automation announced the release of the High Moment Rodless (HMR) electromechanical linear actuator series. The HMR represents one of the most versatile actuator lines on the market. With five different frame sizes, two different drive train options, multiple motor mounting, carriage and sensor options, and an IP54 protective cover option, along with a multitude of other customizable features, the HMR was designed with application optimization in mind with a goal of reducing overall design time, along with simplifying the installation and integration of this actuator into a system. Guided by two precision square rail bearings, the HMR has enormous moment and payload capacity bundled in a low profile, yet sleek package. The options of either a high-efficiency timing belt drive or a precision ball screw with multiple lead options allow the user to maximize performance within their system. Ease of use was at the core of this new actuator design, by integrating externally accessible lubrication fittings into the carriage which evenly disperse lubricant across the bearing trucks and ball nut making for easier machine maintenance and driving down overall maintenance costs. In addition, there are options for two different chassis profiles, allowing the user to choose between a super-low-profile and cost-effective basic version, or a reinforced version providing great structural rigidity for long unsupported spans. Potential applications for the HMR range from packaging equipment, material handling, robot transfer, or other general automation applications, but given the extensive adaptability of this actuator, it is ideally suited for seamless integration into any machine layout. HMR High Moment Rodless Linear Actuator Features: 5 profile sizes: 085, 110, 150, 180 and 240mm; Dual drive train: precision ball screw or high-efficiency timing belt; Load capacity up to 26,600 N; Max thrust to 5,560N (screw) and 4,000N (belt); Standard strokes up to 4000mm (screw) and 6000mm (belt); Max speed to 1.6 m/s (screw) and 5 m/s (screw); 2 profile types: basic and reinforced; Tandem and bi-parting carriage options; Optional sensor locations: internal (protected under the cover) or external; Belt version has four mounting locations at 90 degrees around axis of motion; Easy lube fittings on carriage; Pre-configured motor, gearhead, and control package options; Diverse range of accessories and mountings; IP54-rated cover option; Ambient temperature range: -30°C to +80°C.

 

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Industry Analysis

PH

Industry Average

Valuation PH Industry Range
Price/Earnings 17.5x
Price/Sales 1.4x
Price/Book 2.8x
Price/Cash Flow 17.2x
TEV/Sales 1.1x
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