.jpg "Parker Hannifin (NYSE: PH)")
Today, the VP & Pres-Engineered Materials of Parker Hannifin (PH), Weeks Andrew, sold shares of PH for $798.7K.
Following Weeks Andrew M’s last PH Sell transaction on May 08, 2018, the stock climbed by 8.0%. In addition to Weeks Andrew, 3 other PH executives reported Sell trades in the last month.
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Based on Parker Hannifin’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $3.47 billion and quarterly net profit of $312 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 $22.77B and the company has a P/E ratio of 16.83. Currently, Parker Hannifin has an average volume of 543.6K.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $178.20, reflecting a 1.0% upside.
The insider sentiment on Parker Hannifin has been negative according to 70 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
