This is what analysts have to say about Parker-Hannifin Corporation (NYSE:PH) after last week.

September 8, 2018 - By Robert Shackelford

Parker-Hannifin Corporation (NYSE:PH) LogoInvestors sentiment decreased to 1 in 2018 Q1. Its down 0.07, from 1.07 in 2017Q4. It dived, as 52 investors sold Parker-Hannifin Corporation shares while 212 reduced holdings. 82 funds opened positions while 181 raised stakes. 101.24 million shares or 0.34% more from 100.90 million shares in 2017Q4 were reported.
The Minnesota-based Ameriprise has invested 0.06% in Parker-Hannifin Corporation (NYSE:PH). Carroll Financial Inc has 0% invested in Parker-Hannifin Corporation (NYSE:PH). Pennsylvania-based Bryn Mawr Trust has invested 0.02% in Parker-Hannifin Corporation (NYSE:PH). Mark Sheptoff Finance Planning Limited Liability Corp owns 31 shares. Acadian Asset Mgmt Llc holds 0% of its portfolio in Parker-Hannifin Corporation (NYSE:PH) for 601 shares. Hood River Limited Liability Corporation reported 0% in Parker-Hannifin Corporation (NYSE:PH). Private Advisor Grp Limited Com owns 1,482 shares. Private Na has invested 0.22% in Parker-Hannifin Corporation (NYSE:PH). Aqr Capital Mgmt Llc holds 13,765 shares. Thompson Siegel & Walmsley Lc reported 300 shares. Bankshares Of Montreal Can has 304,616 shares for 0.05% of their portfolio. Moreover, Bank Of Mellon has 0.05% invested in Parker-Hannifin Corporation (NYSE:PH) for 951,739 shares. Sg Americas Limited Liability Corporation holds 26,026 shares or 0.04% of its portfolio. 4,928 are held by First Natl Tru. Harris Associate Limited Partnership holds 0.71% in Parker-Hannifin Corporation (NYSE:PH) or 2.49 million shares.

Since March 13, 2018, it had 0 insider buys, and 8 insider sales for $3.37 million activity. $1.28M worth of Parker-Hannifin Corporation (NYSE:PH) was sold by Keller Kurt A. 430 shares were sold by Malone Robert W, worth $71,002. 2,400 shares were sold by Bowman William R, worth $420,864 on Wednesday, August 29. The insider Gentile Thomas C sold $100,737. 2,148 shares were sold by Suever Catherine A, worth $376,184 on Friday, June 8. $384,091 worth of Parker-Hannifin Corporation (NYSE:PH) was sold by Sherrard Roger S.

Parker-Hannifin Corporation (NYSE:PH) Ratings Coverage

Among 12 analysts covering Parker Hannifin (NYSE:PH), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Parker Hannifin has $200 highest and $169 lowest target. $189.33’s average target is 6.53% above currents $177.72 stock price. Parker Hannifin had 12 analyst reports since April 9, 2018 according to SRatingsIntel. The stock has “Hold” rating by Argus Research on Tuesday, August 14. The firm has “In-Line” rating by Evercore given on Monday, May 7. Deutsche Bank maintained it with “Hold” rating and $169 target in Thursday, July 12 report. Goldman Sachs downgraded the shares of PH in report on Monday, July 16 to “Neutral” rating. The rating was maintained by KeyBanc Capital Markets on Friday, July 6 with “Overweight”. JP Morgan maintained the shares of PH in report on Tuesday, April 10 with “Overweight” rating. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Hold” rating by Wells Fargo on Wednesday, June 20. As per Monday, April 9, the company rating was maintained by Stifel Nicolaus. Buckingham Research maintained the stock with “Neutral” rating in Friday, April 27 report. Citigroup maintained the shares of PH in report on Monday, April 30 with “Neutral” rating. Below is a list of Parker-Hannifin Corporation (NYSE:PH) latest ratings and price target changes.

06/09/2018 Broker: Barclays Capital Rating: Overweight New Target: $200 Initiates Coverage On
21/08/2018 Broker: Morgan Stanley Rating: Equal-Weight New Target: $185 Initiates Coverage On
14/08/2018 Broker: Argus Research Old Rating: Buy New Rating: Hold Old Target: $176 Downgrade
16/07/2018 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral Downgrade
12/07/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold New Target: $169 Maintain
06/07/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $225 New Target: $200 Maintain
20/06/2018 Broker: Wells Fargo Rating: Hold Downgrade
07/05/2018 Broker: Evercore Old Rating: Outperform New Rating: In-Line Downgrade
30/04/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $205 New Target: $180 Maintain
27/04/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Neutral Old Target: $210 New Target: $195 Maintain

The stock decreased 0.06% or $0.11 during the last trading session, reaching $177.72. About 656,776 shares traded. Parker-Hannifin Corporation (NYSE:PH) has risen 11.37% since September 8, 2017 and is uptrending. It has underperformed by 1.20% the S&P500.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company has market cap of $23.52 billion. The firm operates in two divisions, Diversified Industrial and Aerospace Systems. It has a 22.7 P/E ratio. The Diversified Industrial segment provides static and dynamic sealing devices; 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, pneumatic, and electromechanical components and systems for builders and users of industrial and mobile machinery and equipment; and 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.

More news for Parker-Hannifin Corporation (NYSE:PH) were recently published by: Livetradingnews.com, which released: “The Street’s Key Stock Analysts Research Reports” on September 07, 2018. Benzinga.com‘s article titled: “Benzinga’s Top Upgrades, Downgrades For September 6, 2018” and published on September 06, 2018 is yet another important article.

Parker-Hannifin Corporation (NYSE:PH) Institutional Positions Chart

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