How to Buy Parker Hannifin Stock
Parker Hannifin Corp
Parker Hannifin is a specialty industrial machinery company located in Ohio, United States, which is part of the Industrials sector, and is traded under the ticker PH on the NYSE exchange.
Parker Hannifin stock last closed at $714.91, up 0.09% from the previous day, and has increased 35.36% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.22 percentage points. Parker Hannifin stock is currently +46.36% from its 52-week low of $488.45, and -0.83% from its 52-week high of $720.90.
There are currently 127.78M PH shares outstanding. The market cap of PH is $91.35B. In the past 24 hours, 343,000 PH shares were traded.
How to Buy Parker Hannifin Stock
Not sure how to invest in Parker Hannifin stock? Here's how.
- Figure out where to buy Parker Hannifin stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Parker Hannifin stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your details.
- Analyze Parker Hannifin stock: The Parker Hannifin ticker symbol is PH. Is Parker Hannifin stock a good investment? Should you buy shares of PH? How do PH's underlying business fundamentals look? Do top analysts think Parker Hannifin is a good buy? Why has PH's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if PH is a good stock to buy).
- Execute your PH trade: Decide if you will purchase PH shares at the current market price or use a limit order to buy PH shares at a given price.
- Keep tabs on your PH position: Create a watchlist to keep tabs on your new investment in Parker Hannifin shares.
Step 1: Figure out where to buy Parker Hannifin stock
You need a brokerage account to access the NYSE market and buy PH stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you are able to invest in PH today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new trading account.
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Step 3: Fund your investment account
Now that you've finished signing up on the best stock market app for beginners, you need to deposit funds:
Watch the tutorial below to see the process of depositing money into your new investment account.
Step 4: Analyze Parker Hannifin stock
Once you have identified the best place to buy Parker Hannifin stock, it's very important to research their stock before you invest, so you truly wrap your head around the risk and upside.
Parker Hannifin Metrics
PH Fundamentals
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on PH's stock page.
Is PH stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PH's intrinsic value.
Using relative valuations methods:
- PH could be overvalued based on its P/E ratio of 27.1x, relative to Specialty Industrial Machinery industry P/E ratio of 26.04x
- PH may be overvalued based on its P/B ratio of 6.82x, relative to Specialty Industrial Machinery industry P/B ratio of 6.03x
- PH could be overvalued based on its PEG ratio of 3.45x
You can access more valuation research on PH's stock here.
PH Financial Health Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the PH balance sheet.
- Total PH debt is lower than 5 years ago, relative to shareholder equity.
- PH's operating cash flow of $3.55B allows it to safely service it's debt of $9.37B.
- PH earnings of $4.45B is not sufficient to cover its interest payments.
- PH profit margin has gone up from 14% to 17.1% in the past year.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the PH balance sheet.
- PH has a relatively high debt to equity ratio of 1.16.
Do Wall Street analysts think it's a good time to buy PH stock
Out of 10 Equities analysts who give forecasts on PH, the consensus analyst rating on Parker Hannifin is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent PH Analyst Forecasts
Jeffrey Hammond, a top 5% analyst from KeyBanc maintains PH with a strong buy rating and raises their PH price target from $690.00 to $735.00, on May 2, 2025.
KeyBanc's Jeffrey Hammond raised their price target on Parker Hannifin (NYSE: PH) by 6.5% from $690 to $735 on 2025/05/02. The analyst maintained their Strong Buy rating on the stock.
Parker Hannifin reported its Q3 2025 earnings.
Takeaways from the quarter's print and earnings call catalyzed Hammond's optimistic view, the analyst said, on Parker Hannifin's growing underlying momentum in Industrial and continued impressive Aero growth/margin improvement.
The company is in a first-rate position to respond to tariffs thanks to its local-for-local strategy and exceptionally outstanding execution record, the analyst told readers.
As a result, Hammond predicted a long-term re-rating of the stock.
Earnings Report
For Q3 2025, Parker Hannifin reported:
- EPS of $6.94, which beat the Zacks Consensus Estimate of $6.73 and, by 7%, Q3 2024’s $6.51.
- Revenue of $4.96B, which missed the Zacks Consensus Estimate by 0.80% and, by 2.2%, Q3 2024’s $5.07B.
For FY 2025, management guided:
- EPS of $26.60 to $26.80.
- 1% decline in revenue.
Chairman & CEO Jenny Parmentier commented: “Our Q3 performance demonstrates the strength of our business and our global team’s ability to continue to deliver record results.
“All reported businesses showed substantial margin expansion and helped us surpass 26% adjusted segment operating margin for the first time.
“We also produced record EPS, generated record cash flow from operations, and repurchased $650M of shares.
“We recently announced a 10% increase in our quarterly cash dividend and are committed to our strategy of actively deploying capital to drive shareholder value, including acquisitions and increased share repurchase activity, depending on market conditions.
"The resiliency of our portfolio, coupled with the power of our business system, The Win Strategy™, has enabled us to consistently deliver strong results through business cycles.
“With our decentralized structure and the agility of our global teams, we are confident in our ability to manage through macroeconomic uncertainty, including tariffs.
“We are fully committed to achieving our FY 2029 financial targets.”
Andy Kaplowitz, a top 1% analyst from Citigroup maintains PH with a strong buy rating and lowers their PH price target from $795.00 to $665.00, on Apr 14, 2025.
Jamie Cook, a top 6% analyst from Truist Securities maintains PH with a strong buy rating and lowers their PH price target from $842.00 to $717.00, on Apr 8, 2025.
Amit Mehrotra, a top 16% analyst from UBS maintains PH with a strong buy rating and lowers their PH price target from $842.00 to $805.00, on Jan 31, 2025.
Jeffrey Holford, a top 45% analyst from KeyBanc maintains PH with a strong buy rating and raises their PH price target from $775.00 to $790.00, on Jan 31, 2025.
You can dig deeper into what analysts are saying on the Parker Hannifin stock forecast page.
Metrics for Advanced PH Traders
PH Growth Metrics
Last year, PH earnings were $3.39B. Over the past 5 year, PH's earnings have increased by 20.46% per year. This was faster than the Specialty Industrial Machinery industry average of 6.83%.
Last year, PH revenue was $19.79B. Over the past 5 year, PH's revenue has increased by 6.84% per year. This was faster than the Specialty Industrial Machinery industry average of 3.85%.
You can research PH's earnings and revenue performance here.
Latest Insiders Trades at PH
In the last 12 months, executives and large shareholders at PH have sold more shares than they have bought.
Joseph Scaminace, Director of PH, was the latest PH insider to sell. They sold $639,474.58 worth of PH stock on May 28, 2025.
Research more about who owns PH shares here.
Does PH provide a stable income stream?
Parker Hannifin pays a dividend of 0.71%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.15%. If you owned $1,000 of PH stock, you would have received $7.08 last year.
Parker Hannifin dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Parker Hannifin dividend yield and history here.
What others are saying about PH
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your PH trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you want more help investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your PH position
Now that you own some PH shares, you'll want to stay up-to-date on your investment.
Start a watchlist to monitor your PH stock.
PH Feed
How to Buy Stock in Parker Hannifin
To reiterate, here are the 6 steps to buy stock in Parker Hannifin:
- Figure out where to buy Parker Hannifin stock
- Create your brokerage account
- Fund your investment account
- Analyze Parker Hannifin stock
- Execute your PH trade
- Keep tabs on your PH position
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Parker Hannifin, click below.
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