Shares of Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH +0.99% rose 1.23% to $298.87 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.42% rising 0.58% to 4,266.49 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.44% rising 0.95% to 34,196.82. This was the stock's fourth consecutive day of gains. Parker Hannifin Corp. closed $25.81 below its 52-week high ($324.68), which the company achieved on May 10th.
The stock outperformed some of its competitors Thursday, as Danaher Corp. /zigman2/quotes/210555154/composite DHR +1.62% fell 0.41% to $267.35, Rockwell Automation Inc. /zigman2/quotes/206335564/composite ROK +1.88% fell 0.10% to $285.51, and Dover Corp. /zigman2/quotes/208444467/composite DOV +1.32% rose 0.52% to $147.68. Trading volume (1.1 M) eclipsed its 50-day average volume of 819,319.