Parker Hannifin Corporation

Owners of Parker Hannifin Corporation (NYSE: PH) shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $102.55 as of 9:35 a.m. ET, the dividend yield is 1.8%.

The average volume for Parker Hannifin Corporation has been 1.0 million shares per day over the past 30 days. Parker Hannifin Corporation has a market cap of $15.3 billion and is part of the industrial industry. Shares are up 19.7% year to date as of the close of trading on Wednesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Parker Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components worldwide. The company has a P/E ratio of 16.36.

TheStreet Ratings rates Parker Hannifin Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Parker Hannifin Corporation Ratings Report now.

If you liked this article you might like

Navigating Strong Crosscurrents: Cramer's 'Mad Money' Recap (Tuesday 6/13/17)

Cramer: A Funny Thing Happened on the Way to the Selloff

Launch of Cannabis ETF May Not Be Best Option for Investors

Market Recon: The Fear Gauge Is So Tiny, It's Adorable