In Friday’s Wall Street session, Parker-Hannifin Corp (NYSE:PH) shares traded at $654.96, down -0.36% from the previous session.
PH stock price is now 6.97% away from the 50-day moving average and 2.95% away from the 200-day moving average. The market capitalization of the company currently stands at $83.69B.
On February 07, 2025, Citigroup recently initiated its ‘Buy’ rating on the stock quoting a target price of $795, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Reidy Jay, VP & Pres.-Aerospace Grp. sold 497 shares of the company’s stock on May 19 ’25. The stock was sold for $335,783 at an average price of $675.62. Upon completion of the transaction, the VP & Pres.-Aerospace Grp. now directly owns 2,083 shares in the company, valued at $1.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 19 ’25, Officer Jay Reidy bought 497 shares of the business’s stock. A total of $335,781 was incurred on buying the stock at an average price of $675.62. A total of 0.25% of the company’s stock is owned by insiders.
During the past 12 months, Parker-Hannifin Corp has had a low of $488.45 and a high of $718.44. As of last week, the company has a debt-to-equity ratio of 0.70, a current ratio of 1.21, and a quick ratio of 0.70.
The net profit margin was 17.14% and return on equity was 27.16% for PH. The company reported revenue of $4.96 billion for the quarter, compared to $5.07 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.25 percent. For the current quarter, analysts expect PH to generate $5.1B in revenue.
