Parker Hannifin's Trading Volume Surges 56.42% to 4.88 Billion, Ranks 164th in Market

On May 19, 2025, Parker's trading volume reached 4.88 billion, marking a 56.42% increase from the previous day, placing it at the 164th position in the day's stock market rankings. Parker Hannifin's stock price closed at $678.59, down 0.16% from the previous day.

Parker Hannifin Corporation is a leading manufacturer of motion and control technologies and systems. The company provides engineered solutions for various industries, including mobile, industrial, and aerospace sectors. Its diverse product portfolio and strong market presence have positioned it as a key player in the industrial technology sector.

Analysts have recently evaluated Parker Hannifin and provided 12-month price targets. The average target is $710.2, with a high estimate of $827.00. This indicates a positive outlook for the company's stock performance, driven by its robust financial health and strategic initiatives.

Parker Hannifin's stock has been buoyed by fresh analyst price-target increases and notable institutional buying activity. This positive sentiment has outweighed any negative factors, contributing to the stock's overall stability and growth potential.