Parker-Hannifin Corporation (PH) stock has been garnering increased attention from investors. Notably, the industrial product company's shareholders have enjoyed
30% Compound Annual Growth Rate (CAGR) for the past five years and the stock has recently hit a
1-year high, with suggestions there could still be room to grow.
Institutionally, PH remains a favored choice among firms, with 84% of the company being held by institutional owners. Amid these performances, the company also hit a milestone with its
Q4 2024 earnings, highlighting record cash flow and aerospace performances. TAP Consulting LLC made significant investments, demonstrating the firm's appeal to investors. Various analysts have suggested that the company's stock is a strong choice for momentum, growth, and long-term investment. However, it's important to note that despite the strong performance, some insiders have sold shares, potentially indicating a level of caution. SK Capital also announced an agreement to acquire North America Composites & Fuel Containment Division from Parker Hannifin Corporation.
Parker-Hannifin Corporation PH News Analytics from Wed, 07 Feb 2024 08:00:00 GMT to Sat, 12 Oct 2024 15:17:17 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 4
