Last $114.75 USD
Change Today -1.15 / -0.99%
Volume 1.3M
PH On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

parker hannifin corp (PH) Snapshot

Open
$115.01
Previous Close
$115.90
Day High
$115.19
Day Low
$114.38
52 Week High
06/9/14 - $130.44
52 Week Low
08/30/13 - $99.75
Market Cap
17.1B
Average Volume 10 Days
1.0M
EPS TTM
$6.42
Shares Outstanding
148.8M
EX-Date
08/26/14
P/E TM
17.9x
Dividend
$1.92
Dividend Yield
1.65%
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.

57,447 Employees
Last Reported Date: 08/22/14
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: $539.1K
Vice President and President of Fluid Connect...
Total Annual Compensation: $517.2K
Executive Vice President and Operating Office...
Total Annual Compensation: $689.0K
Executive Vice President and Operating Office...
Total Annual Compensation: $689.0K
Compensation as of Fiscal Year 2013.

parker hannifin corp (PH) Key Developments

Parker-Hannifin Corporation Declares Quarterly Cash Dividend, Payable on September 12, 2014

Parker-Hannifin Corporation announced that its board of directors has declared a regular quarterly cash dividend of 48 cents per share of common stock to shareholders of record as of August 28, 2014. The dividend is payable on September 12, 2014.

Parker Hannifin Corporation Unveils New Diaphragm Isolation Liquid Valve

Parker Hannifin Corporation announced that its precision fluidics division has unveiled Parker R6, a new diaphragm isolation liquid valve. This 6.4 mm diaphragm isolation valve improves performance of Clinical Diagnostic and Analytical Chemistry systems requiring precision fluid and delivers liquid dispense performance in a very small package. At just 6.4 mm wide it can be easily mounted over microplates improving performance and saving space. When mounted on a manifold the R6's ultra-small footprint enables smaller and more efficient fluidic circuits by taking less space and shortening fluid channels. The R6 provides solutions to today's demanding analytical, clinical and agent detection applications New R6 valve enables OEM's to design fluid circuits that take less space and are more efficient. It compact footprint enables it to be mounted as close as 7mm centers. With an internal volume of only 8.1 uL the R6 valve is ideal for low carryover designs and reduces use of precious reagents. The Parker R6 is ideal for applications such as in-vitro diagnostics, hematology, molecular diagnostics, flow cytometry, genomics, proteomics, liquid handling, sample preparation, chromatography and precision flow control.

Parker-Hannifin Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended June 30, 2014; Provides Earnings Guidance for the First Quarter of 2015 and Fiscal Year Ending June 30, 2015

Parker-Hannifin Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended June 30, 2014. For the quarter, the company's net sales were $3,525,415,000 against $3,428,233,000 a year ago. Income before income taxes was $407,824,000 against $373,763,000 a year ago. Net income was $301,176,000 against $271,130,000 a year ago. Net income attributable to common shareholders was $301,038,000 or $1.98 diluted per share against $271,164,000 or $1.78 diluted per share a year ago. Adjusted net income was $314,030,000 or $2.06 diluted per share against $274,522,000 or $1.80 diluted per share a year ago. Adjusted operating income increased to $269 million from $251 million for the same quarter last year, and again, mainly the result of higher volume. Operating cash flow was over $500 million, or 16% of sales. For the six months, the company's net sales were $13,215,971,000 against $13,015,704,000 a year ago. Income before income taxes was $1,556,720,000 against $1,311,001,000 a year ago. Net income was $1,041,418,000 against $948,784,000 a year ago. Net income attributable to common shareholders was $1,041,048,000 or $6.87 diluted per share against $948,427,000 or $6.26 diluted per share a year ago. Adjusted net income was $1,051,638,000 or $6.94 diluted per share against $958,832,000 or $6.33 diluted per share a year ago. Net cash provided by operating activities was $1,387,893,000 against $1,190,935,000 a year ago. Capital expenditures were $216,340,000 against $265,896,000 a year ago. Adjusted operating income increased to $949 million from $911 million in fiscal year 2013. That's a 4% increase, mainly the result of higher volume, favorable product mix and, of course, tight cost control. Operating cash flow was $1.4 billion, or 10.5% of sales. For the fiscal year ending June 30, 2015, the company has issued guidance for unaudited earnings per diluted share in the range of $7.00 to $7.80, or $7.25 to $8.05 on an adjusted basis. Fiscal year 2015 guidance is adjusted for expected restructuring expenses of approximately $0.25 per diluted share. Full year tax rate is projected at 29%. Adjusted segment operating margins forecasted to be between 15.2% and 15.9%. For the first quarter of 2015, the adjusted earnings per share projected to be at $1.64 at the midpoint, and this excludes $0.07 of restructuring costs.

 

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Industry Analysis

PH

Industry Average

Valuation PH Industry Range
Price/Earnings 16.9x
Price/Sales 1.3x
Price/Book 2.6x
Price/Cash Flow 16.6x
TEV/Sales 1.0x
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