A Director at Parker Hannifin (PH) is Buying Shares


Today, a Director at Parker Hannifin (PH), Robert Bohn, bought shares of PH for $20.83K.

Following this transaction Robert Bohn’s holding in the company was increased by 1.1% to a total of $1.72 million.

See today’s analyst top recommended stocks >>

Based on Parker Hannifin’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $3.48 billion and quarterly net profit of $376 million. In comparison, last year the company earned revenue of $3.37 billion and had a net profit of $56.16 million. PH’s market cap is $20.43B and the company has a P/E ratio of 18.13. Currently, Parker Hannifin has an average volume of 89.62K.

Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $185.00, reflecting a 19.7% upside. Four different firms, including Barclays and Credit Suisse, currently also have a Buy rating on the stock.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Parker-Hannifin Corp. engages in the manufacture of motion and control technologies and systems. The firm also provides engineered solutions for mobile, industrial, and aerospace markets. It operates through the Diversified Industrial and Aerospace Systems business segments.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts