A Look at Parker Hannifin Corp (PH) After 6.8% Decline -- GF Value $753.47 vs Price $893.21
Valuation Assessment of Parker Hannifin Corp PHOn October 22, 2026, Parker Hannifin Corp (PH) shares dropped 6.8%, reflecting a challenging day in the market. The current share price stands at $893.21, which is situated between its 52-week high of $1,099.94 and a low of $737.70.
GF Value™ verdict: Shares are priced at $893.21, indicating they are 18.5% overvalued compared to the fair value estimate of $753.47. GF Score™: The stock holds a strong score of 95/100, suggesting solid performance across various metrics. Notable signal: Insiders have sold $48.7 million worth of shares in the past 12 months, with no buying activity reported.Is PH Overvalued or Undervalued?Parker Hannifin's current price of $893.21 is 18.5% above its GF Value™ estimate of $753.47, which classifies the stock as overvalued according to GuruFocus's proprietary intrinsic value assessment. This value is derived from a combination of historical trading multiples, past growth patterns, and predictions for future performance. The GF Valuation label categorizes the stock as "Modestly Overvalued," indicating a potential risk for investors who may be purchasing at inflated prices.
Given that the current price exceeds the intrinsic value estimate, there is a lack of margin of safety for buyers. This situation suggests that investors should exercise caution, as the overvaluation could lead to price corrections in the future, especially if market conditions change or company performance does not meet expectations.
How Does PH's Valuation Compare to Its History?Metric Current Historical P/E (TTM) 31.4x 27.0x Forward P/E 25.1x N/AThe trailing twelve-month (TTM) price-to-earnings (P/E) ratio of 31.4x is significantly higher than its 5-year median P/E of 27.0x, indicating that the stock is trading at a premium compared to its historical valuation. The forward P/E of 25.1x, while lower than the current TTM, still suggests an elevated valuation relative to its historical norms. This analysis aligns with the GF Value™ verdict, reinforcing the conclusion that Parker Hannifin is overvalued.
What Does PH's GF Score™ Tell Us?The GF Score™ is a comprehensive measure that evaluates a stock's performance across multiple dimensions, including financial strength, profitability, growth, valuation, and momentum. Parker Hannifin boasts an impressive GF Score™ of 95/100, with particularly strong performances in profitability and growth, both rated at 10/10. However, the valuation rank is relatively weaker at 5/10, highlighting concerns regarding its current price level.
Metric Rating GF Score™ 95/100 Financial Strength 6/10 Profitability 10/10 Growth 10/10 Valuation 5/10 Momentum 10/10Parker Hannifin's high GF Score™ indicates a well-rounded company with strong profitability and growth metrics. However, the valuation rank suggests caution, as the current price may not reflect the underlying value, corroborating the earlier assessment of the stock being overvalued.
What Are Gurus and Insiders Doing with PH?Currently, 11 gurus hold shares of Parker Hannifin, with 6 adding to their positions and 5 trimming their holdings in recent quarters. This mixed activity indicates a lack of consensus among institutional investors regarding the stock's future prospects. Insider activity has been notably bearish, as insiders sold $48.7 million in shares over the past year without any buying, which could signal a lack of confidence in the stock's near-term performance.
The selling by insiders, combined with the guru activity, adds a layer of caution for current and potential investors, suggesting that the market may be reflecting concerns over the stock's current valuation and future performance.
What This Means for InvestorsIn summary, Parker Hannifin Corp appears to be overvalued based on the GF Value™ assessment, which indicates a need for caution among potential investors. The elevated price compared to intrinsic value, coupled with mixed signals from both gurus and insiders, suggests that there may be a higher risk associated with investing in PH at this time. For those looking to delve deeper into Parker Hannifin's financials, you can explore the Parker Hannifin Corp PH stock page for comprehensive details, alongside the GF Value™ page for further insights.
Frequently Asked QuestionsWhat is PH's GF Score™?
Parker Hannifin's GF Score™ is an impressive 95/100, indicating strong performance across various financial metrics.
Is PH overvalued or undervalued?
According to the GF Value™ verdict, Parker Hannifin is overvalued by 18.5%, suggesting that it may be trading at inflated prices.
What is PH's P/E ratio?
The current P/E ratio for Parker Hannifin is 31.4x, which is significantly above its 5-year median P/E of 27.0x, supporting the conclusion that the stock is overvalued.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures
I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
CLEVELAND, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2027 first quarter earnings before the market opens on Thursday, November 5, 2026, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2027 first quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously at investors.parker.com with an accompanying slide presentation. The webcast will be archived and available for replay later that day.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has increased its annual dividend per share paid to shareholders for 70 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. Learn more at www.parker.com or @parkerhannifin.
Banque Pictet & Cie SA raised its stake in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) by 130.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,826 shares of the industrial products company’s stock after acquiring an additional 32,786 shares during the quarter. Banque Pictet & Cie SA’s holdings in Parker-Hannifin were worth $55,248,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of Parker-Hannifin during the 2nd quarter valued at $10,163,362,000. Bank of America Corp DE purchased a new position in Parker-Hannifin during the 2nd quarter worth $3,273,507,000. Deutsche Bank AG acquired a new position in Parker-Hannifin during the 2nd quarter valued at about $987,587,000. Bank of New York Mellon Corp acquired a new position in Parker-Hannifin during the 2nd quarter valued at about $712,222,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Parker-Hannifin in the second quarter valued at about $305,628,000. Institutional investors own 82.44% of the company’s stock.
Wall Street Analysts Forecast Growth
PH has been the topic of several research analyst reports. The Goldman Sachs Group boosted their target price on shares of Parker-Hannifin from $1,071.00 to $1,165.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. TD Cowen raised their price target on shares of Parker-Hannifin from $850.00 to $950.00 and gave the stock a “hold” rating in a report on Wednesday. Raymond James Financial lifted their price objective on shares of Parker-Hannifin from $1,050.00 to $1,250.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. BNP Paribas Exane lifted their price objective on shares of Parker-Hannifin from $1,220.00 to $1,270.00 and gave the stock an “outperform” rating in a research note on Friday, September 18th. Finally, KeyCorp boosted their price objective on shares of Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Eighteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,149.52.
View Our Latest Research Report on Parker-Hannifin
Insider Buying and Selling at Parker-Hannifin
In related news, VP Berend Bracht sold 602 shares of the business’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total value of $626,362.94. Following the sale, the vice president owned 4,399 shares in the company, valued at approximately $4,577,027.53. The trade was a 12.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.35% of the company’s stock.
Parker-Hannifin Price Performance
Parker-Hannifin stock opened at $963.35 on Friday. The stock has a market cap of $121.49 billion, a P/E ratio of 33.81, a PEG ratio of 2.69 and a beta of 1.12. The company has a current ratio of 1.26, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average price of $980.15 and a 200 day moving average price of $949.99. Parker-Hannifin Corporation has a 12-month low of $722.12 and a 12-month high of $1,099.94.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The industrial products company reported $9.27 earnings per share for the quarter, topping the consensus estimate of $8.31 by $0.96. The company had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business posted $7.69 earnings per share. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Sell-side analysts anticipate that Parker-Hannifin Corporation will post 35.56 earnings per share for the current year.
Parker-Hannifin Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Monday, August 31st were given a dividend of $2.00 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.8%. Parker-Hannifin’s dividend payout ratio (DPR) is presently 28.08%.
Parker-Hannifin Profile
(Free Report)
Parker-Hannifin Corporation is a diversified manufacturer of motion and control technologies. The company develops and produces components and systems that manage the movement and control of liquids, gases and mechanical force across industrial, mobile and aerospace applications.
Its product portfolio includes hydraulic and pneumatic systems, electromechanical technologies, filtration and fluid-management equipment, seals and shielding products, connectors, pumps, valves, sensors, thermal-management solutions and related engineered systems.
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Art’s-Way Manufacturing (NASDAQ:ARTW – Get Free Report) and Parker-Hannifin (NYSE:PH – Get Free Report) are both industrials companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.
Profitability This table compares Art’s-Way Manufacturing and Parker-Hannifin’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Art’s-Way Manufacturing -1.65% -3.06% -1.72% Parker-Hannifin 16.97% 28.48% 13.49% Analyst Recommendations This is a summary of recent ratings and target prices for Art’s-Way Manufacturing and Parker-Hannifin, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Art’s-Way Manufacturing 1 0 0 0 1.00 Parker-Hannifin 0 5 18 0 2.78 Parker-Hannifin has a consensus target price of $1,149.52, suggesting a potential upside of 19.38%. Given Parker-Hannifin’s stronger consensus rating and higher possible upside, analysts plainly believe Parker-Hannifin is more favorable than Art’s-Way Manufacturing. Volatility & Risk Art’s-Way Manufacturing has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, Parker-Hannifin has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500.
Insider and Institutional Ownership 2.9% of Art’s-Way Manufacturing shares are owned by institutional investors. Comparatively, 82.4% of Parker-Hannifin shares are owned by institutional investors. 51.5% of Art’s-Way Manufacturing shares are owned by company insiders. Comparatively, 0.3% of Parker-Hannifin shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Earnings & Valuation This table compares Art’s-Way Manufacturing and Parker-Hannifin”s gross revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Art’s-Way Manufacturing $22.98 million 0.74 $1.03 million ($0.09) -36.18 Parker-Hannifin $21.50 billion 5.65 $3.65 billion $28.49 33.80 Parker-Hannifin has higher revenue and earnings than Art’s-Way Manufacturing. Art’s-Way Manufacturing is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.
Summary Parker-Hannifin beats Art’s-Way Manufacturing on 12 of the 13 factors compared between the two stocks.
(Get Free Report)
Art’s-Way Manufacturing Co., Inc. manufactures and distributes farm equipment products. It operates through the Agricultural Products, and Modular Buildings segments. The Agricultural Products segment manufactures a variety of specialized farm machinery under its own label including portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations, a line of forage equipment consisting of forage boxes, bale processors, running gear, and dump boxes, a line of manure spreaders, sugar beet harvesting equipment, and a line of dirt work equipment. The Modular Buildings segment produces and sells modular buildings, which are custom designed to meet the specific research needs of its customers. It also provides services relating to the design, manufacturing, delivery, installation and renting of the building units that it produces. The company was founded by Arthur Luscombe in 1956 and is headquartered in Armstrong, IA.
About Parker-Hannifin (Get Free Report)
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, avionics, sensors, pneumatic control components, thermal management products, fire detection and suppression systems and components, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. The company markets its products through direct-sales employees, independent distributors, and sales representatives. Parker-Hannifin Corporation was founded in 1917 and is headquartered in Cleveland, Ohio.
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Key Takeaways Parker-Hannifin's Aerospace Systems organic revenues jumped 13.3% in fiscal Q4 2026, with orders up 18%.PH's Aerospace Systems backlog hit a record $8.5B, supported by robust commercial and defense demand.PH projects 7-10% Aerospace Systems organic sales growth in fiscal 2027, aided by commercial OEM strength. Parker-Hannifin Corporation (PH - Free Report) is witnessing solid momentum in its Aerospace Systems segment. The segment is benefiting from strength across its commercial aerospace and defense markets across both Original Equipment Manufacturer (OEM) and aftermarket channels. Segmental organic revenues jumped approximately 13.3% year over year in the fourth quarter of fiscal 2026 (ended June 2026). In the quarter, the segment’s orders rose 18% on a rolling 12-month basis, with the backlog hitting an all-time high of $8.5 billion.
The Aerospace Systems segment is capitalizing on solid demand for its products and aftermarket support services in the general aviation market, driven by growth in air transport activities. Persistent strength in its defense market, owing to robust U.S. and international defense spending volumes, is also proving beneficial. Management projects 7-10% organic sales growth for the segment in fiscal 2027 (ending June 2027), supported by continued double-digit growth in commercial OEM sales and steady expansion in the commercial aftermarket business.
In May 2026, the company entered into a deal with CIRCOR International to acquire the latter’s Commercial and Defense Aerospace business for $2.55 billion. The transaction, anticipated to close this year, will add complementary technologies and capabilities, thereby further strengthening its position across aerospace and defense markets.
Driven by strength in its businesses, Parker-Hannifin has issued bullish fiscal 2027 guidance. The company currently expects total sales (both on a reported and organic basis) to increase 5.5-8.5% year over year.
Segment Snapshot of PH’s PeersAmong its major peers, Howmet Aerospace Inc.’s (HWM - Free Report) defense aerospace market is playing an important role in driving its overall growth. In the second quarter of 2026, Howmet’s revenues from the defense aerospace market jumped 11% year over year, which accounted for 15% of its total sales. The surge in revenues was fueled by robust demand for Howmet’s engine spares and an increase in orders for legacy fighter jet parts.
RBC Bearings Incorporated (RBC - Free Report) is gaining from the strong performance of the Aerospace & Defense segment. Strength in RBC Bearings’ commercial aerospace market, driven by strong growth in orders from the OEM and the aftermarket verticals, is driving the Aerospace & Defense segment. The segment’s revenues were up 36.9% year over year in first-quarter fiscal 2027 (ended June 2026).
PH's Price Performance, Valuation and Estimates
Image Source: Zacks Investment Research
Shares of Parker-Hannifin have gained 8.8% in the year-to-date period compared with the industry’s growth of 2.1%.
Image Source: Zacks Investment Research
From a valuation standpoint, PH is trading at a forward price-to-earnings ratio of 26.46X, above the industry’s average of 20.25X. Parker-Hannifin carries a Value Score of D.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PH’s fiscal 2027 earnings has increased 1.8% over the past 60 days.
Parker-Hannifin currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
CLEVELAND, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 28, 2026, at 9:00 a.m., Eastern time. The webcast will be accessible at investors.parker.com and will be archived for one year.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has increased its annual dividend per share paid to shareholders for 70 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. Learn more at www.parker.com or @parkerhannifin.
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Parker-Hannifin (PH - Free Report) . This company, which is in the Zacks Manufacturing - General Industrial industry, shows potential for another earnings beat.
This maker of motion and control products has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 7.95%.
For the most recent quarter, Parker-Hannifin was expected to post earnings of $8.29 per share, but it reported $9.27 per share instead, representing a surprise of 11.82%. For the previous quarter, the consensus estimate was $7.85 per share, while it actually produced $8.17 per share, a surprise of 4.08%.
Price and EPS Surprise
Thanks in part to this history, there has been a favorable change in earnings estimates for Parker-Hannifin lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Parker-Hannifin currently has an Earnings ESP of +0.75%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner.
When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Ferguson Wellman Capital Management Inc. cut its position in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 5.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,839 shares of the industrial products company’s stock after selling 6,656 shares during the quarter. Parker-Hannifin accounts for 1.3% of Ferguson Wellman Capital Management Inc.’s portfolio, making the stock its 18th largest position. Ferguson Wellman Capital Management Inc. owned 0.09% of Parker-Hannifin worth $106,853,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in Parker-Hannifin in the 2nd quarter valued at approximately $10,163,362,000. State Street Corp boosted its position in Parker-Hannifin by 0.5% during the second quarter. State Street Corp now owns 9,385,389 shares of the industrial products company’s stock valued at $9,180,037,000 after acquiring an additional 42,548 shares during the last quarter. Bank of America Corp DE purchased a new stake in Parker-Hannifin during the second quarter worth about $3,273,507,000. Capital World Investors lifted its holdings in shares of Parker-Hannifin by 0.6% during the 4th quarter. Capital World Investors now owns 2,600,844 shares of the industrial products company’s stock valued at $2,286,038,000 after buying an additional 16,703 shares during the period. Finally, Nuveen LLC raised its position in shares of Parker-Hannifin by 7.4% in the 4th quarter. Nuveen LLC now owns 1,367,683 shares of the industrial products company’s stock worth $1,202,139,000 after acquiring an additional 94,343 shares in the last quarter. 82.44% of the stock is currently owned by institutional investors.
Analyst Ratings Changes A number of analysts have weighed in on PH shares. KeyCorp raised their price target on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Citigroup boosted their target price on shares of Parker-Hannifin from $1,141.00 to $1,232.00 and gave the company a “buy” rating in a report on Friday, August 7th. Truist Financial raised their target price on Parker-Hannifin from $1,269.00 to $1,358.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Sanford C. Bernstein lifted their target price on Parker-Hannifin from $1,037.00 to $1,218.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Finally, Stifel Nicolaus set a $1,075.00 target price on shares of Parker-Hannifin in a report on Friday, August 7th. Sixteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,119.55.
View Our Latest Research Report on Parker-Hannifin Parker-Hannifin Stock Up 0.7% PH stock traded up $6.65 during midday trading on Monday, reaching $979.20. The company had a trading volume of 114,408 shares, compared to its average volume of 693,152. The company has a current ratio of 1.26, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44. Parker-Hannifin Corporation has a 1 year low of $715.37 and a 1 year high of $1,099.94. The company has a 50 day moving average of $987.98 and a two-hundred day moving average of $946.28. The company has a market capitalization of $123.49 billion, a P/E ratio of 34.37, a PEG ratio of 2.98 and a beta of 1.12.
Parker-Hannifin (NYSE:PH – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The industrial products company reported $9.27 EPS for the quarter, topping analysts’ consensus estimates of $8.31 by $0.96. The firm had revenue of $5.75 billion for the quarter, compared to the consensus estimate of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.69 earnings per share. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, equities research analysts expect that Parker-Hannifin Corporation will post 35.02 earnings per share for the current fiscal year.
Parker-Hannifin Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Monday, August 31st were paid a dividend of $2.00 per share. The ex-dividend date was Monday, August 31st. This represents a $8.00 dividend on an annualized basis and a yield of 0.8%. Parker-Hannifin’s payout ratio is currently 28.08%.
Insider Transactions at Parker-Hannifin In related news, VP Berend Bracht sold 602 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the completion of the transaction, the vice president owned 4,399 shares in the company, valued at $4,577,027.53. This trade represents a 12.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.35% of the stock is owned by company insiders.
(Free Report)
Parker-Hannifin Corporation is a diversified manufacturer of motion and control technologies. The company develops and produces components and systems that manage the movement and control of liquids, gases and mechanical force across industrial, mobile and aerospace applications.
Its product portfolio includes hydraulic and pneumatic systems, electromechanical technologies, filtration and fluid-management equipment, seals and shielding products, connectors, pumps, valves, sensors, thermal-management solutions and related engineered systems.
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Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Parker-Hannifin (PH - Free Report) Based in Cleveland, OH, Parker-Hannifin Corporation is a global diversified manufacturer of motion and control technologies and systems. The company provides precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. On a geographical basis, the company has operations in North America (67.5% of fiscal 2025 net sales), Europe (19.5%), the Asia Pacific (11.9%) and Latin America (1.1%).
PH is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Industrial Products stock. PH has a Momentum Style Score of A, and shares are up 1% over the past four weeks.
Nine analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.96 to $35.02 per share. PH also boasts an average earnings surprise of +7.8%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, PH should be on investors' short list.
Wartsila (OTCMKTS:WRTBY – Get Free Report) and Parker-Hannifin (NYSE:PH – Get Free Report) are both large-cap industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, valuation, dividends, risk, profitability, analyst recommendations and institutional ownership.
Institutional and Insider Ownership 82.4% of Parker-Hannifin shares are owned by institutional investors. 0.3% of Parker-Hannifin shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Profitability This table compares Wartsila and Parker-Hannifin’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Wartsila 9.77% 25.56% 8.08% Parker-Hannifin 16.97% 28.48% 13.49% Volatility & Risk Wartsila has a beta of 1.16, meaning that its share price is 16% more volatile than the S&P 500. Comparatively, Parker-Hannifin has a beta of 1.12, meaning that its share price is 12% more volatile than the S&P 500. Dividends Wartsila pays an annual dividend of $0.04 per share and has a dividend yield of 0.6%. Parker-Hannifin pays an annual dividend of $8.00 per share and has a dividend yield of 0.8%. Wartsila pays out 15.4% of its earnings in the form of a dividend. Parker-Hannifin pays out 28.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Parker-Hannifin has increased its dividend for 70 consecutive years. Parker-Hannifin is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Analyst Recommendations This is a summary of recent ratings and recommmendations for Wartsila and Parker-Hannifin, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Wartsila 3 4 0 0 1.57 Parker-Hannifin 0 3 16 0 2.84 Parker-Hannifin has a consensus price target of $1,119.55, indicating a potential upside of 14.99%. Given Parker-Hannifin’s stronger consensus rating and higher probable upside, analysts plainly believe Parker-Hannifin is more favorable than Wartsila.
Earnings & Valuation This table compares Wartsila and Parker-Hannifin”s revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Wartsila $7.82 billion 2.50 $708.26 million $0.26 25.38 Parker-Hannifin $21.50 billion 5.71 $3.65 billion $28.49 34.17 Parker-Hannifin has higher revenue and earnings than Wartsila. Wartsila is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.
Summary Parker-Hannifin beats Wartsila on 15 of the 17 factors compared between the two stocks.
About Wartsila (Get Free Report)
Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes. The company also provides GEMS smart energy management software platform to remotely monitor, operate, identify, and diagnose assets; lifecycle solutions for power plants; power and propulsion products, such as electric shipping and hybrid ships, engine and generating sets, propulsors and gears, and shaft line solutions; liquid and gas handling products, including ballast water management, freshwater generation, waste and wastewater treatment, gas solutions, and exhaust treatment equipment; port and fleet optimization; simulation and training solutions; and automation, navigation, and control systems. The company was founded in 1834 and is headquartered in Helsinki, Finland.
(Get Free Report)
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, avionics, sensors, pneumatic control components, thermal management products, fire detection and suppression systems and components, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. The company markets its products through direct-sales employees, independent distributors, and sales representatives. Parker-Hannifin Corporation was founded in 1917 and is headquartered in Cleveland, Ohio.
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Parker-Hannifin (PH - Free Report) Based in Cleveland, OH, Parker-Hannifin Corporation is a global diversified manufacturer of motion and control technologies and systems. The company provides precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. On a geographical basis, the company has operations in North America (67.5% of fiscal 2025 net sales), Europe (19.5%), the Asia Pacific (11.9%) and Latin America (1.1%).
PH is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. PH has a Growth Style Score of B, forecasting year-over-year earnings growth of 8.4% for the current fiscal year.
Nine analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.96 to $35.02 per share. PH also boasts an average earnings surprise of +7.8%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, PH should be on investors' short list.
Bank of America Corp DE bought a new position in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 3,346,733 shares of the industrial products company’s stock, valued at approximately $3,273,507,000. Bank of America Corp DE owned 2.65% of Parker-Hannifin at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of PH. Magnolia Capital Advisors LLC grew its stake in shares of Parker-Hannifin by 138.0% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 1,233 shares of the industrial products company’s stock valued at $1,206,000 after buying an additional 715 shares during the period. Caisse de depot et placement du Quebec grew its position in Parker-Hannifin by 2,666.0% in the 2nd quarter. Caisse de depot et placement du Quebec now owns 153,761 shares of the industrial products company’s stock worth $150,397,000 after purchasing an additional 148,202 shares in the last quarter. Man Group plc increased its position in shares of Parker-Hannifin by 67.3% during the second quarter. Man Group plc now owns 160,372 shares of the industrial products company’s stock valued at $156,863,000 after acquiring an additional 64,507 shares during the last quarter. Western Wealth Management LLC raised its stake in shares of Parker-Hannifin by 2.0% during the 2nd quarter. Western Wealth Management LLC now owns 3,446 shares of the industrial products company’s stock worth $3,371,000 after purchasing an additional 67 shares during the period. Finally, Jupiter Topco LLC bought a new stake in Parker-Hannifin in the second quarter worth about $30,493,000. 82.44% of the stock is owned by institutional investors.
Insider Buying and Selling at Parker-Hannifin In related news, VP Berend Bracht sold 602 shares of the company’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total value of $626,362.94. Following the sale, the vice president directly owned 4,399 shares of the company’s stock, valued at $4,577,027.53. This represents a 12.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.32% of the stock is owned by corporate insiders.
Parker-Hannifin Trading Down 2.2% NYSE:PH opened at $929.13 on Tuesday. The firm has a market capitalization of $117.12 billion, a P/E ratio of 32.61, a P/E/G ratio of 2.96 and a beta of 1.13. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average of $988.79 and a 200 day moving average of $946.40. Parker-Hannifin Corporation has a 52 week low of $715.37 and a 52 week high of $1,099.94. Parker-Hannifin (NYSE:PH – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 EPS for the quarter, beating analysts’ consensus estimates of $8.31 by $0.96. The business had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.Parker-Hannifin’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, research analysts predict that Parker-Hannifin Corporation will post 34.95 earnings per share for the current year.
Parker-Hannifin Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Monday, August 31st were given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Monday, August 31st. Parker-Hannifin’s payout ratio is presently 28.08%.
Analyst Ratings Changes A number of research analysts have recently commented on the company. Truist Financial upped their price target on Parker-Hannifin from $1,269.00 to $1,358.00 and gave the company a “buy” rating in a research report on Friday, August 7th. BMO Capital Markets restated an “outperform” rating and set a $1,214.00 price target on shares of Parker-Hannifin in a research report on Friday, August 7th. UBS Group boosted their price objective on Parker-Hannifin from $1,092.00 to $1,250.00 and gave the stock a “buy” rating in a report on Friday, August 7th. BNP Paribas Exane reissued an “outperform” rating and issued a $1,220.00 target price (up from $1,090.00) on shares of Parker-Hannifin in a research note on Friday, August 7th. Finally, Susquehanna lifted their price target on shares of Parker-Hannifin from $1,100.00 to $1,250.00 and gave the stock a “positive” rating in a research note on Friday, August 7th. Seventeen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Parker-Hannifin presently has an average rating of “Moderate Buy” and a consensus target price of $1,114.55.
View Our Latest Research Report on Parker-Hannifin
Parker-Hannifin Company Profile (Free Report)
Parker-Hannifin Corporation (NYSE:PH) is a diversified manufacturer of motion and control technologies. The company develops and produces systems and components that manage the movement and flow of liquids, gases and other materials for industrial, mobile and aerospace applications.
Its products include hydraulic and pneumatic systems, fluid connectors, filtration and process-control equipment, electromechanical technologies, seals, thermal-management solutions and aerospace systems. Parker-Hannifin serves manufacturers and operators in markets such as factory automation, transportation, energy, construction, life sciences and aviation.
Founded in 1917, Parker-Hannifin is headquartered in Cleveland, Ohio, and serves customers through manufacturing, distribution and sales operations across North America, Europe, Asia and other international markets.
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Integrated Wealth Concepts LLC lifted its position in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 86.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,503 shares of the industrial products company’s stock after purchasing an additional 1,621 shares during the period. Integrated Wealth Concepts LLC’s holdings in Parker-Hannifin were worth $3,426,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Archer Investment Corp purchased a new position in shares of Parker-Hannifin in the second quarter valued at about $28,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Parker-Hannifin during the third quarter worth about $25,000. Lloyd Advisory Services LLC. purchased a new stake in shares of Parker-Hannifin during the fourth quarter worth about $31,000. NFSG Corp grew its stake in shares of Parker-Hannifin by 94.4% in the first quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 17 shares during the last quarter. Finally, Bell Investment Advisors Inc purchased a new position in Parker-Hannifin during the 2nd quarter valued at about $35,000. 82.44% of the stock is owned by hedge funds and other institutional investors.
Parker-Hannifin Price Performance Shares of PH stock opened at $950.36 on Monday. The stock has a market cap of $119.79 billion, a price-to-earnings ratio of 33.36, a PEG ratio of 2.96 and a beta of 1.13. The business’s fifty day moving average is $989.63 and its 200 day moving average is $947.06. Parker-Hannifin Corporation has a twelve month low of $715.37 and a twelve month high of $1,099.94. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44.
Parker-Hannifin (NYSE:PH – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The industrial products company reported $9.27 EPS for the quarter, beating the consensus estimate of $8.31 by $0.96. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The business had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.57 billion. During the same quarter last year, the firm posted $7.69 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Research analysts expect that Parker-Hannifin Corporation will post 34.95 EPS for the current fiscal year. Parker-Hannifin Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Monday, August 31st were given a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 31st. Parker-Hannifin’s dividend payout ratio (DPR) is 28.08%.
Insider Transactions at Parker-Hannifin In related news, VP Berend Bracht sold 602 shares of the business’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the sale, the vice president owned 4,399 shares of the company’s stock, valued at $4,577,027.53. The trade was a 12.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.32% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth PH has been the subject of a number of recent analyst reports. Truist Financial upped their price target on Parker-Hannifin from $1,269.00 to $1,358.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Stifel Nicolaus set a $1,075.00 price objective on Parker-Hannifin in a research report on Friday, August 7th. BMO Capital Markets reissued an “outperform” rating and set a $1,214.00 target price on shares of Parker-Hannifin in a research note on Friday, August 7th. Wall Street Zen downgraded Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Finally, Citigroup lifted their price target on shares of Parker-Hannifin from $1,141.00 to $1,232.00 and gave the company a “buy” rating in a report on Friday, August 7th. Seventeen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,114.55.
View Our Latest Research Report on Parker-Hannifin
(Free Report)
Parker-Hannifin Corporation (NYSE:PH) is a diversified manufacturer of motion and control technologies. The company develops and produces systems and components that manage the movement and flow of liquids, gases and other materials for industrial, mobile and aerospace applications.
Its products include hydraulic and pneumatic systems, fluid connectors, filtration and process-control equipment, electromechanical technologies, seals, thermal-management solutions and aerospace systems. Parker-Hannifin serves manufacturers and operators in markets such as factory automation, transportation, energy, construction, life sciences and aviation.
Founded in 1917, Parker-Hannifin is headquartered in Cleveland, Ohio, and serves customers through manufacturing, distribution and sales operations across North America, Europe, Asia and other international markets.
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Archford Capital Strategies LLC lifted its position in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) by 77.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,072 shares of the industrial products company’s stock after buying an additional 905 shares during the quarter. Archford Capital Strategies LLC’s holdings in Parker-Hannifin were worth $2,027,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the company. Archer Investment Corp acquired a new stake in Parker-Hannifin during the second quarter worth approximately $28,000. HFM Investment Advisors LLC increased its holdings in Parker-Hannifin by 1,000.0% in the fourth quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 30 shares in the last quarter. Texas Capital Bancshares Inc TX acquired a new position in Parker-Hannifin in the third quarter valued at approximately $25,000. Lloyd Advisory Services LLC. acquired a new position in Parker-Hannifin in the fourth quarter valued at approximately $31,000. Finally, NFSG Corp boosted its holdings in shares of Parker-Hannifin by 94.4% during the 1st quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock worth $31,000 after buying an additional 17 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.
Insiders Place Their Bets In other news, VP Berend Bracht sold 602 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total value of $626,362.94. Following the sale, the vice president owned 4,399 shares of the company’s stock, valued at $4,577,027.53. The trade was a 12.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.32% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth Several analysts have recently commented on the company. Wall Street Zen downgraded Parker-Hannifin from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Susquehanna lifted their price target on Parker-Hannifin from $1,100.00 to $1,250.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Citigroup increased their price objective on Parker-Hannifin from $1,141.00 to $1,232.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. BNP Paribas Exane restated an “outperform” rating and issued a $1,220.00 target price (up from $1,090.00) on shares of Parker-Hannifin in a report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Parker-Hannifin in a research report on Friday, July 17th. Seventeen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,114.55. View Our Latest Analysis on PH
Parker-Hannifin Trading Down 0.5% Shares of Parker-Hannifin stock opened at $951.48 on Thursday. The firm has a market cap of $119.93 billion, a PE ratio of 33.40, a P/E/G ratio of 2.60 and a beta of 1.13. Parker-Hannifin Corporation has a 1 year low of $715.37 and a 1 year high of $1,099.94. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.26 and a quick ratio of 0.74. The stock has a fifty day moving average price of $990.48 and a 200-day moving average price of $948.09.
Parker-Hannifin (NYSE:PH – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 EPS for the quarter, topping analysts’ consensus estimates of $8.31 by $0.96. The company had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.57 billion. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. Parker-Hannifin’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Equities research analysts anticipate that Parker-Hannifin Corporation will post 35 EPS for the current year.
Parker-Hannifin Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 31st will be issued a dividend of $2.00 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $8.00 annualized dividend and a yield of 0.8%. Parker-Hannifin’s dividend payout ratio is 28.08%.
Parker-Hannifin Company Profile (Free Report)
Parker-Hannifin Corporation (NYSE:PH) is a diversified manufacturer of motion and control technologies. The company develops and produces systems and components that manage the movement and flow of liquids, gases and other materials for industrial, mobile and aerospace applications.
Its products include hydraulic and pneumatic systems, fluid connectors, filtration and process-control equipment, electromechanical technologies, seals, thermal-management solutions and aerospace systems. Parker-Hannifin serves manufacturers and operators in markets such as factory automation, transportation, energy, construction, life sciences and aviation.
Founded in 1917, Parker-Hannifin is headquartered in Cleveland, Ohio, and serves customers through manufacturing, distribution and sales operations across North America, Europe, Asia and other international markets.
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Allworth Financial LP grew its holdings in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 11.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,111 shares of the industrial products company’s stock after buying an additional 1,598 shares during the quarter. Allworth Financial LP’s holdings in Parker-Hannifin were worth $14,780,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Texas Capital Bancshares Inc TX bought a new stake in shares of Parker-Hannifin in the 3rd quarter worth about $25,000. Archer Investment Corp acquired a new position in Parker-Hannifin in the second quarter valued at about $28,000. HFM Investment Advisors LLC increased its holdings in shares of Parker-Hannifin by 1,000.0% during the fourth quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after buying an additional 30 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Parker-Hannifin in the fourth quarter valued at approximately $31,000. Finally, NFSG Corp boosted its holdings in shares of Parker-Hannifin by 94.4% in the 1st quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 17 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.
Insider Activity In other news, VP Berend Bracht sold 602 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total value of $626,362.94. Following the transaction, the vice president owned 4,399 shares of the company’s stock, valued at approximately $4,577,027.53. This trade represents a 12.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.32% of the company’s stock.
Wall Street Analyst Weigh In A number of equities research analysts recently commented on the company. Wall Street Zen lowered Parker-Hannifin from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. BNP Paribas Exane reiterated an “outperform” rating and issued a $1,220.00 price objective (up from $1,090.00) on shares of Parker-Hannifin in a research report on Friday, August 7th. UBS Group boosted their price objective on Parker-Hannifin from $1,092.00 to $1,250.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Truist Financial increased their target price on Parker-Hannifin from $1,269.00 to $1,358.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, KeyCorp raised their target price on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Seventeen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,114.55. View Our Latest Research Report on PH
Parker-Hannifin Stock Down 0.7% NYSE PH opened at $956.22 on Wednesday. The stock has a fifty day moving average of $990.75 and a 200-day moving average of $948.51. The stock has a market capitalization of $120.53 billion, a P/E ratio of 33.56, a price-to-earnings-growth ratio of 2.62 and a beta of 1.13. Parker-Hannifin Corporation has a 52 week low of $715.37 and a 52 week high of $1,099.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.26.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.31 by $0.96. The business had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.69 earnings per share. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, equities research analysts forecast that Parker-Hannifin Corporation will post 35 EPS for the current year.
Parker-Hannifin Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 31st will be given a dividend of $2.00 per share. The ex-dividend date is Monday, August 31st. This represents a $8.00 dividend on an annualized basis and a yield of 0.8%. Parker-Hannifin’s dividend payout ratio is presently 28.08%.
Parker-Hannifin Profile (Free Report)
Parker-Hannifin Corporation (NYSE:PH) is a diversified manufacturer of motion and control technologies. The company develops and produces systems and components that manage the movement and flow of liquids, gases and other materials for industrial, mobile and aerospace applications.
Its products include hydraulic and pneumatic systems, fluid connectors, filtration and process-control equipment, electromechanical technologies, seals, thermal-management solutions and aerospace systems. Parker-Hannifin serves manufacturers and operators in markets such as factory automation, transportation, energy, construction, life sciences and aviation.
Founded in 1917, Parker-Hannifin is headquartered in Cleveland, Ohio, and serves customers through manufacturing, distribution and sales operations across North America, Europe, Asia and other international markets.
Further Reading Five stocks we like better than Parker-Hannifin Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding PH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Parker-Hannifin Corporation (NYSE:PH – Free Report).
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California State Teachers Retirement System increased its position in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 96,423.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,153,587 shares of the industrial products company’s stock after purchasing an additional 183,962,800 shares during the quarter. California State Teachers Retirement System owned 146.05% of Parker-Hannifin worth $180,124,307,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Parker-Hannifin in the 2nd quarter worth $10,163,362,000. Bank of America Corp DE lifted its stake in shares of Parker-Hannifin by 0.6% in the fourth quarter. Bank of America Corp DE now owns 3,926,896 shares of the industrial products company’s stock worth $3,451,584,000 after acquiring an additional 22,305 shares in the last quarter. Capital World Investors boosted its holdings in Parker-Hannifin by 0.6% in the fourth quarter. Capital World Investors now owns 2,600,844 shares of the industrial products company’s stock valued at $2,286,038,000 after purchasing an additional 16,703 shares during the last quarter. Morgan Stanley grew its stake in Parker-Hannifin by 1.1% during the 4th quarter. Morgan Stanley now owns 2,133,044 shares of the industrial products company’s stock valued at $1,874,862,000 after purchasing an additional 22,367 shares in the last quarter. Finally, Norges Bank acquired a new stake in Parker-Hannifin during the 4th quarter valued at approximately $1,756,230,000. 82.44% of the stock is owned by institutional investors and hedge funds.
Parker-Hannifin Trading Down 0.0% NYSE:PH opened at $962.40 on Monday. The company has a market cap of $121.31 billion, a PE ratio of 33.78, a P/E/G ratio of 2.62 and a beta of 1.13. The business’s 50 day moving average is $991.22 and its two-hundred day moving average is $949.13. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44. Parker-Hannifin Corporation has a 52 week low of $715.37 and a 52 week high of $1,099.94.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share for the quarter, beating analysts’ consensus estimates of $8.31 by $0.96. The business had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the business earned $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, analysts predict that Parker-Hannifin Corporation will post 34.96 EPS for the current year. Parker-Hannifin Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 31st will be paid a dividend of $2.00 per share. The ex-dividend date is Monday, August 31st. This represents a $8.00 annualized dividend and a yield of 0.8%. Parker-Hannifin’s payout ratio is presently 28.08%.
Insiders Place Their Bets In other news, VP Berend Bracht sold 602 shares of Parker-Hannifin stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total value of $626,362.94. Following the completion of the transaction, the vice president directly owned 4,399 shares of the company’s stock, valued at approximately $4,577,027.53. The trade was a 12.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.32% of the stock is currently owned by insiders.
Analysts Set New Price Targets PH has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Parker-Hannifin in a research report on Friday, July 17th. BNP Paribas Exane reissued an “outperform” rating and set a $1,220.00 price target (up from $1,090.00) on shares of Parker-Hannifin in a research report on Friday, August 7th. UBS Group lifted their price target on shares of Parker-Hannifin from $1,092.00 to $1,250.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Sanford C. Bernstein increased their price objective on shares of Parker-Hannifin from $1,037.00 to $1,218.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, Stifel Nicolaus set a $1,075.00 price objective on shares of Parker-Hannifin in a research note on Friday, August 7th. Seventeen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,114.55.
Get Our Latest Analysis on Parker-Hannifin
(Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
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From a technical perspective, Parker-Hannifin (PH - Free Report) is looking like an interesting pick, as it just reached a key level of support. PH recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.
Similar to other SMAs, if a stock's price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend.
Over the past four weeks, PH has gained 9.3%. The company is currently ranked a Zacks Rank #3 (Hold), another strong indication the stock could move even higher.
The bullish case only gets stronger once investors take into account PH's positive earnings estimate revisions. There have been 9 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.
Given this move in earnings estimate revisions and the positive technical factor, investors may want to keep their eye on PH for more gains in the near future.
Beacon Pointe Advisors LLC acquired a new stake in Parker-Hannifin Corporation (NYSE:PH – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 19,767 shares of the industrial products company’s stock, valued at approximately $19,335,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Parker-Hannifin in the 4th quarter worth about $1,253,000. Truist Financial Corp grew its position in Parker-Hannifin by 2.7% in the 4th quarter. Truist Financial Corp now owns 174,852 shares of the industrial products company’s stock worth $153,687,000 after purchasing an additional 4,673 shares during the last quarter. Shepherd Street Advisors LLC bought a new position in Parker-Hannifin in the 4th quarter worth about $1,736,000. Jefferies Financial Group Inc. acquired a new stake in shares of Parker-Hannifin in the fourth quarter valued at approximately $11,434,000. Finally, Horizon Investments LLC increased its stake in shares of Parker-Hannifin by 78.8% in the fourth quarter. Horizon Investments LLC now owns 8,829 shares of the industrial products company’s stock valued at $7,760,000 after purchasing an additional 3,892 shares during the period. 82.44% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth A number of equities analysts recently issued reports on PH shares. Truist Financial increased their price objective on Parker-Hannifin from $1,269.00 to $1,358.00 and gave the stock a “buy” rating in a report on Friday, August 7th. UBS Group lifted their target price on Parker-Hannifin from $1,092.00 to $1,250.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Parker-Hannifin in a research note on Friday, July 17th. KeyCorp raised their price target on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Stifel Nicolaus set a $1,075.00 price objective on shares of Parker-Hannifin in a research note on Friday, August 7th. Seventeen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,100.00.
Get Our Latest Analysis on Parker-Hannifin Insider Buying and Selling at Parker-Hannifin In related news, VP Berend Bracht sold 602 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the transaction, the vice president owned 4,399 shares of the company’s stock, valued at approximately $4,577,027.53. The trade was a 12.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.32% of the company’s stock.
Parker-Hannifin Stock Down 1.6% Parker-Hannifin stock opened at $995.24 on Friday. The firm has a market cap of $125.45 billion, a PE ratio of 34.93, a P/E/G ratio of 2.63 and a beta of 1.12. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.26. The firm’s 50 day moving average price is $991.71 and its two-hundred day moving average price is $950.48. Parker-Hannifin Corporation has a twelve month low of $715.37 and a twelve month high of $1,099.94.
Parker-Hannifin (NYSE:PH – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.31 by $0.96. The business had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, research analysts predict that Parker-Hannifin Corporation will post 34.93 EPS for the current fiscal year.
Parker-Hannifin Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Monday, August 31st will be paid a $2.00 dividend. The ex-dividend date is Monday, August 31st. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.8%. Parker-Hannifin’s payout ratio is presently 28.08%.
Parker-Hannifin Profile (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
Further Reading Five stocks we like better than Parker-Hannifin 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude? Okta Stock Surges 29%—Is $200 the Next Stop?
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BNP Paribas raised its stake in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 4.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,208 shares of the industrial products company’s stock after purchasing an additional 2,121 shares during the period. Parker-Hannifin comprises 1.4% of BNP Paribas’ investment portfolio, making the stock its 18th biggest position. BNP Paribas’ holdings in Parker-Hannifin were worth $52,717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also made changes to their positions in PH. BlackRock Inc. acquired a new position in Parker-Hannifin in the second quarter valued at $10,163,362,000. Bank of America Corp DE lifted its stake in shares of Parker-Hannifin by 0.6% in the fourth quarter. Bank of America Corp DE now owns 3,926,896 shares of the industrial products company’s stock valued at $3,451,584,000 after purchasing an additional 22,305 shares during the period. Capital World Investors lifted its position in shares of Parker-Hannifin by 0.6% during the 4th quarter. Capital World Investors now owns 2,600,844 shares of the industrial products company’s stock valued at $2,286,038,000 after acquiring an additional 16,703 shares during the period. Morgan Stanley increased its stake in shares of Parker-Hannifin by 1.1% during the 4th quarter. Morgan Stanley now owns 2,133,044 shares of the industrial products company’s stock worth $1,874,862,000 after purchasing an additional 22,367 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Parker-Hannifin during the fourth quarter worth about $1,756,230,000. 82.44% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Parker-Hannifin In other news, VP Berend Bracht sold 602 shares of Parker-Hannifin stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the sale, the vice president owned 4,399 shares of the company’s stock, valued at approximately $4,577,027.53. The trade was a 12.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.32% of the company’s stock.
Wall Street Analysts Forecast Growth PH has been the subject of several analyst reports. BNP Paribas Exane reiterated an “outperform” rating and issued a $1,220.00 target price (up from $1,090.00) on shares of Parker-Hannifin in a research note on Friday, August 7th. BMO Capital Markets reissued an “outperform” rating and set a $1,214.00 price objective on shares of Parker-Hannifin in a research note on Friday, August 7th. Wall Street Zen lowered Parker-Hannifin from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Citigroup lifted their target price on Parker-Hannifin from $1,141.00 to $1,232.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a report on Friday, July 17th. Seventeen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Parker-Hannifin currently has an average rating of “Moderate Buy” and a consensus price target of $1,100.00. Read Our Latest Research Report on Parker-Hannifin
Parker-Hannifin Stock Down 1.6% Shares of Parker-Hannifin stock opened at $995.24 on Friday. The firm has a market cap of $125.45 billion, a P/E ratio of 34.93, a P/E/G ratio of 2.63 and a beta of 1.12. The business has a 50-day moving average price of $991.71 and a 200 day moving average price of $950.48. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44. Parker-Hannifin Corporation has a fifty-two week low of $715.37 and a fifty-two week high of $1,099.94.
Parker-Hannifin (NYSE:PH – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.31 by $0.96. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The business had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same period in the prior year, the company posted $7.69 EPS. The business’s revenue was up 9.8% compared to the same quarter last year. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, sell-side analysts forecast that Parker-Hannifin Corporation will post 34.93 earnings per share for the current fiscal year.
Parker-Hannifin Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 31st will be paid a dividend of $2.00 per share. This represents a $8.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, August 31st. Parker-Hannifin’s payout ratio is presently 28.08%.
Parker-Hannifin Profile (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
Featured Articles Five stocks we like better than Parker-Hannifin 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude? Okta Stock Surges 29%—Is $200 the Next Stop?
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Bank of New York Mellon Corp bought a new stake in Parker-Hannifin Corporation (NYSE:PH – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 728,153 shares of the industrial products company’s stock, valued at approximately $712,222,000. Bank of New York Mellon Corp owned 0.58% of Parker-Hannifin at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC increased its stake in shares of Parker-Hannifin by 1,000.0% in the 4th quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 30 shares during the last quarter. Texas Capital Bancshares Inc TX bought a new position in Parker-Hannifin during the 3rd quarter worth approximately $25,000. Lloyd Advisory Services LLC. bought a new position in Parker-Hannifin during the 4th quarter worth approximately $31,000. NFSG Corp grew its holdings in Parker-Hannifin by 94.4% during the first quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 17 shares during the period. Finally, Mowery & Schoenfeld Wealth Management LLC increased its stake in Parker-Hannifin by 80.0% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 16 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.
Parker-Hannifin Stock Performance Shares of Parker-Hannifin stock opened at $1,001.54 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.26 and a quick ratio of 0.74. The firm has a market cap of $126.28 billion, a price-to-earnings ratio of 35.15, a price-to-earnings-growth ratio of 2.66 and a beta of 1.12. The stock’s 50-day moving average is $982.40 and its 200-day moving average is $948.37. Parker-Hannifin Corporation has a one year low of $715.37 and a one year high of $1,099.94.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share for the quarter, topping the consensus estimate of $8.31 by $0.96. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The company had revenue of $5.75 billion during the quarter, compared to analysts’ expectations of $5.57 billion. During the same period last year, the business earned $7.69 EPS. The business’s quarterly revenue was up 9.8% on a year-over-year basis. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Equities analysts predict that Parker-Hannifin Corporation will post 34.93 earnings per share for the current fiscal year. Analyst Upgrades and Downgrades Several equities research analysts have weighed in on the stock. UBS Group increased their target price on shares of Parker-Hannifin from $1,092.00 to $1,250.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Mizuho set a $1,050.00 price objective on shares of Parker-Hannifin in a research report on Friday, May 1st. Sanford C. Bernstein raised their price objective on Parker-Hannifin from $1,037.00 to $1,218.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Wall Street Zen upgraded Parker-Hannifin from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Evercore set a $1,064.00 target price on Parker-Hannifin in a research note on Monday, May 11th. Seventeen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Parker-Hannifin presently has an average rating of “Moderate Buy” and an average price target of $1,100.00.
Read Our Latest Stock Report on PH
(Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
See Also Five stocks we like better than Parker-Hannifin 3 Energy Stocks Raising Dividends as the Sector Surges 5 Reasons the S&P 500 Could Keep Rallying Through Year-End Walmart’s Post-Earnings Drop Could Be a Buying Opportunity The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future Want to see what other hedge funds are holding PH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Parker-Hannifin Corporation (NYSE:PH – Free Report).
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CLEVELAND, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $2.00 per share of common stock to shareholders of record as of August 31, 2026. The dividend is payable September 11, 2026.
This is the company's 305th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 70 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.
B and T Capital Management DBA Alpha Capital Management bought a new stake in shares of Parker-Hannifin Corporation (NYSE: PH) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,781 shares of the industrial products company's stock, valued at approximately $5,655,000. Several other large
BlackRock Inc. acquired a new stake in shares of Parker-Hannifin Corporation (NYSE: PH) during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,390,711 shares of the industrial products company's stock, valued at approximately $10,163,362,000. BlackRock Inc. owned 8.24%
Auxano Advisors LLC bought a new position in Parker-Hannifin Corporation (NYSE:PH – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 520 shares of the industrial products company’s stock, valued at approximately $509,000.
A number of other large investors have also added to or reduced their stakes in the stock. Fideuram Asset Management Ireland dac bought a new position in Parker-Hannifin in the 4th quarter worth $1,253,000. Truist Financial Corp grew its holdings in Parker-Hannifin by 2.7% during the fourth quarter. Truist Financial Corp now owns 174,852 shares of the industrial products company’s stock valued at $153,687,000 after purchasing an additional 4,673 shares during the period. Shepherd Street Advisors LLC bought a new stake in Parker-Hannifin during the fourth quarter valued at about $1,736,000. Jefferies Financial Group Inc. purchased a new stake in Parker-Hannifin in the fourth quarter worth about $11,434,000. Finally, Horizon Investments LLC raised its stake in shares of Parker-Hannifin by 78.8% in the fourth quarter. Horizon Investments LLC now owns 8,829 shares of the industrial products company’s stock worth $7,760,000 after buying an additional 3,892 shares during the period. Institutional investors own 82.44% of the company’s stock.
Parker-Hannifin Stock Performance PH opened at $1,055.30 on Tuesday. The stock has a market capitalization of $133.06 billion, a price-to-earnings ratio of 37.04, a PEG ratio of 2.75 and a beta of 1.12. The company has a fifty day moving average of $974.79 and a 200 day moving average of $946.50. Parker-Hannifin Corporation has a fifty-two week low of $715.37 and a fifty-two week high of $1,099.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.26.
Parker-Hannifin (NYSE:PH – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 EPS for the quarter, topping the consensus estimate of $8.31 by $0.96. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The business had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.57 billion. During the same quarter in the previous year, the company earned $7.69 EPS. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. As a group, sell-side analysts forecast that Parker-Hannifin Corporation will post 34.88 earnings per share for the current fiscal year. Wall Street Analyst Weigh In A number of brokerages recently issued reports on PH. Citigroup boosted their price objective on Parker-Hannifin from $1,141.00 to $1,232.00 and gave the company a “buy” rating in a research note on Friday, August 7th. UBS Group lifted their price target on shares of Parker-Hannifin from $1,092.00 to $1,250.00 and gave the company a “buy” rating in a report on Friday, August 7th. Sanford C. Bernstein upped their price target on shares of Parker-Hannifin from $1,037.00 to $1,218.00 and gave the stock an “outperform” rating in a research report on Friday. Truist Financial increased their price objective on shares of Parker-Hannifin from $1,269.00 to $1,358.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a research report on Friday, July 17th. Eighteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,100.00.
Check Out Our Latest Stock Report on Parker-Hannifin
Parker-Hannifin Company Profile (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
Further Reading Five stocks we like better than Parker-Hannifin Commodities Are Booming, But These 3 ETFs Tell Different Stories 3 Active ETFs Making Big Moves in August This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem Birkenstock Beats the Skeptics—But Not on EPS Want to see what other hedge funds are holding PH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Parker-Hannifin Corporation (NYSE:PH – Free Report).
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Barden Capital Management Inc. purchased a new position in shares of Parker-Hannifin Corporation (NYSE: PH) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,451 shares of the industrial products company's stock, valued at approximately $1,419,000. Parker-Hannifin comprises about 1.3% of
BIP Wealth LLC purchased a new position in Parker-Hannifin Corporation (NYSE: PH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 731 shares of the industrial products company's stock, valued at approximately $715,000. Several other large investors also recently modified their holdings
Archford Capital Strategies LLC raised its position in Parker-Hannifin Corporation (NYSE: PH) by 77.5% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,072 shares of the industrial products company's stock after buying an additional 905 shares during the period.
Positions Parker Filtration as one of the largest global industrial filtration businesses, offering complementary filtration technologies for critical applications Positions Parker Filtration as one of the largest global industrial filtration businesses, offering complementary filtration technologies for critical applications
The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on ItParker-Hannifin NYSE: PH reported record fiscal 2026 results, including first-time annual sales above $20 billion, record operating cash flow and adjusted earnings per share growth of 18%, as the industrial and aerospace manufacturer also introduced fiscal 2027 guidance calling for another year of growth.
Chairman and Chief Executive Officer Jennifer Parmentier said fiscal 2026 sales reached $21.5 billion, with organic growth accelerating to 6.6%. Adjusted segment operating margin expanded 120 basis points to a record 27.3%, while adjusted EPS rose to $32.31. Cash flow from operations increased to a record $4.4 billion, surpassing $4 billion for the first time.
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Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?Parmentier also said the company reduced its recordable incident rate by 9%, calling fiscal 2026 Parker-Hannifin's safest year on record.
Fourth-quarter records and aerospace strength Chief Financial Officer Todd Leombruno said the company finished the year with record fourth-quarter sales, margins, net income and adjusted EPS. Quarterly sales rose 10% from a year earlier, including 8% organic growth, while the Curtis Instruments acquisition contributed 1.5 percentage points to sales growth. Currency was slightly unfavorable.
Homebuilder Earnings: D.R. Horton Sticks Out as Pulte & NVR Sales TankFourth-quarter adjusted segment operating margin rose 110 basis points to 28.0%, the first time Parker-Hannifin exceeded that level. Adjusted EBITDA margin was 28.6%, and adjusted EPS increased 21% to $9.27. Leombruno said more than 80% of the year-over-year EPS increase came from higher segment operating income.
Orders increased 19% on the company's prior three-month comparison basis and 12% on a rolling 12-month basis. Backlog rose 16% to a record $12.8 billion.
North American industrial sales were $2.2 billion, with organic growth of about 5% and a record 27.4% adjusted operating margin. International industrial sales reached a record $1.6 billion, with 6.5% organic growth. Asia-Pacific organic growth was 16%, while Europe, the Middle East and Africa grew 1% and Latin America declined 3%. Aerospace quarterly sales reached a record $1.9 billion, with 13.4% organic growth and a 29.8% margin. Aerospace backlog rose 15% to a record $8.5 billion. Parmentier said aerospace recorded its fourth consecutive full fiscal year of double-digit organic growth. In the fourth quarter, aerospace orders rose 18%, supported by double-digit growth in commercial original equipment and aftermarket activity, as well as strength in defense OEM markets.
New long-term margin target and order-reporting change Having exceeded its fiscal 2029 margin target ahead of schedule, Parker-Hannifin set a new adjusted segment operating margin target of 30% by fiscal 2031. The target represents a 300-basis-point increase from the prior 27% objective.
The company retained its longer-term goals of 4% to 6% organic growth through the cycle, a 17% free-cash-flow margin and adjusted EPS growth above 10% through the cycle. Leombruno said the company expects all businesses to contribute to the margin expansion, though he expects industrial operations to expand faster than aerospace as the company works toward the 2031 target.
Parker-Hannifin will also shift industrial order-rate reporting to a rolling 12-month calculation beginning in fiscal 2027. Parmentier said the company has changed significantly since it began reporting quarterly industrial order comparisons two decades ago, with aerospace, engineered materials and filtration technology platforms representing about 65% of pro forma sales following the expected Filtration Group transaction.
Management said the rolling 12-month measure has a stronger correlation with near-term organic sales growth, particularly as Parker-Hannifin has gained greater exposure to longer-cycle markets.
Capital deployment and pending acquisitions The company deployed or announced more than $15 billion of capital actions during fiscal 2026. Parker-Hannifin completed its $1 billion acquisition of Curtis Instruments in September, expanding its electrification capabilities. It also announced pending acquisitions of Filtration Group Corporation and CIRCOR's commercial Aerospace & Defense business, representing nearly $12 billion in announced transactions.
Parmentier said the Filtration Group deal would expand Parker-Hannifin's proprietary filtration offerings and increase its filtration aftermarket exposure by 500 basis points. The CIRCOR transaction is intended to add complementary flight-critical motion and flow-control technologies.
Management expects both pending acquisitions to close during the second half of the calendar year, subject to customary closing conditions and regulatory approvals. The company said it has not modeled revenue synergies for the CIRCOR business but expects about $26 million of synergies, or roughly 10%.
During fiscal 2026, Parker-Hannifin returned nearly $2 billion to shareholders through approximately $1 billion in buybacks and nearly $1 billion in dividends. It also invested $500 million in capital expenditures. Despite those actions, net debt-to-adjusted EBITDA declined to 1.4 times from 1.7 times a year earlier.
Fiscal 2027 outlook Parker-Hannifin initiated fiscal 2027 guidance for reported and organic sales growth of 5.5% to 8.5%, with a 7% midpoint that would translate to roughly $23 billion in annual sales. The outlook excludes contributions from the pending Filtration Group and CIRCOR transactions.
The company forecast 6.5% organic growth at the midpoint for North American industrial operations, 5.5% for international industrial operations and 8.5% for aerospace. Adjusted segment operating margin is expected to reach 27.7% at the midpoint, up 40 basis points from fiscal 2026, while adjusted EPS is projected at $34.75, up 8%.
Management forecast positive growth across every major market vertical. Aerospace and defense is expected to grow at a high-single-digit rate, supported by mid-teens commercial OEM growth, sustained commercial aftermarket activity and solid defense demand. Parker-Hannifin expects mid-single-digit growth in industrial, transportation, off-highway, energy, HVAC and refrigeration markets.
For energy, Parmentier said the company expects strong and sustained demand tied to gas-turbine power generation, while oil and gas activity is expected to be flat. She also said data-center-related sales now account for about 1.5% of company revenue and are expected to continue growing, supported by liquid-cooling systems and related components.
About Parker-Hannifin (NYSE:PH)Parker-Hannifin Corporation NYSE: PH is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin's product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
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Parker-Hannifin (PH), a global leader in motion and control technologies, exploding more than 10% in Thursday morning trading after delivering another monster q
Key Takeaways Parker-Hannifin beat Q4 estimates as sales rose 9.8%, adjusted EPS climbed 21% and orders increased 19%.PH posted double-digit Aerospace Systems sales growth, while both industrial segments recorded higher orders.PH expects fiscal 2027 sales and organic growth of 5.5-8.5%, with adjusted EPS of $34.25-$35.25. Parker-Hannifin Corporation (PH - Free Report) reported fourth-quarter fiscal 2026 (ended June 2026) adjusted earnings of $9.27 per share, which beat the Zacks Consensus Estimate of $8.29. The bottom line jumped 21% year over year.
Total sales of $5.8 billion beat the consensus estimate of $5.61 billion. The top line increased 9.8% year over year. Organic sales grew 8%. Orders increased 19% year over year.
In fiscal 2026, adjusted earnings were $32.3 per share, up 18.2% year over year. Total sales increased 8.3% to $21.5 billion.
PH’s Segmental DetailsThe Diversified Industrial segment’s sales totaled $3.89 billion, representing 67% of total sales. On a year-over-year basis, the segment’s sales increased 8.1%.
Sales from Diversified Industrial North America totaled $2.22 billion, up 7% year over year. The Zacks Consensus Estimate was pegged at $2.19 billion. Diversified International sales were $1.63 billion, up 9.5% year over year. The consensus mark was pegged at $1.56 billion.
Orders for Diversified Industrial North America increased 16% year over year, while Diversified Industrial International orders rose 24% on a year-over-year basis.
The Aerospace Systems segment generated sales of $1.90 billion, which accounted for 33% of total sales. The Zacks Consensus Estimate was pegged at $1.83 billion. Sales jumped 13.4% year over year, driven by double-digit growth across all market segments. Orders for the Aerospace Systems unit increased 18% on a year-over-year basis.
PH’s Margin ProfileParker-Hannifin’s cost of sales was $3.51 billion, up 6.8% year over year. Selling, general and administrative expenses increased 4.2% from the prior year to $874 million.
Adjusted total segment operating income increased 14.5% year over year to $1.61 billion. Adjusted total segment operating margin increased 110 basis points year over year to 28%.
PH’s Balance Sheet & Cash FlowExiting fiscal 2026, Parker-Hannifin had cash and cash equivalents of $501 million compared with $467 million at the end of fiscal 2025. Long-term debt was $6.77 billion compared with $7.49 billion at the end of fiscal 2025.
In fiscal 2026, Parker-Hannifin generated net cash of $4.36 billion from operating activities compared with $3.78 billion in the prior year.
Capital spending totaled $459 million in fiscal 2026 compared with $435 million in fiscal 2025. Parker-Hannifin paid out cash dividends of $936 million, up 8.7% year over year.
PH’s Fiscal 2027 GuidanceParker-Hannifin has issued its fiscal 2027 guidance. The company expects total sales to increase 5.5-8.5% year over year. Organic sales are also projected to grow 5.5-8.5%. Previously completed acquisitions are expected to contribute 0.5% and unfavorable currency movements are anticipated to reduce sales growth by 0.5%.
The company expects an adjusted segment operating margin of 27.5-27.9%. Parker-Hannifin currently projects adjusted earnings of $34.25-$35.25 per share. The outlook excludes the pending acquisitions of Filtration Group and CIRCOR’s Commercial and Defense Aerospace business.
PH’s Zacks RankPerformance of Other CompaniesConstellium SE (CSTM - Free Report) came out with quarterly earnings of $1.04 per share in the second quarter of 2026, beating the Zacks Consensus Estimate of $0.91 per share. This compares with earnings of $0.25 per share a year ago.
Constellium posted revenues of $2.75 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 3.5%. This compares with year-ago revenues of $2.1 billion.
Generac Holdings Inc. (GNRC - Free Report) came out with quarterly earnings of $2.91 per share in the second quarter of 2026, beating the Zacks Consensus Estimate of $1.95 per share. This compares with earnings of $1.65 per share a year ago.
Generac Holdings posted revenues of $1.17 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.37%. This compares with year-ago revenues of $1.06 billion.
Graco Inc. (GGG - Free Report) reported second-quarter 2026 adjusted earnings of 91 cents per share, up 17% from 78 cents in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of 81 cents by 12.4%.
The company’s net sales rose 3% year over year to $590.6 million but lagged the consensus estimate of $609 million by 3%. Organic order backlog (excluding acquisitions) rose 28% from the end of 2025.
For the quarter ended June 2026, Parker-Hannifin (PH - Free Report) reported revenue of $5.76 billion, up 9.8% over the same period last year. EPS came in at $9.27, compared to $7.69 in the year-ago quarter.
The reported revenue represents a surprise of +2.68% over the Zacks Consensus Estimate of $5.61 billion. With the consensus EPS estimate being $8.29, the EPS surprise was +11.82%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Parker-Hannifin performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Reported sales growth: 9.8% compared to the 6.4% average estimate based on three analysts.Organic sales growth: 8% versus the three-analyst average estimate of 4.5%.Reported sales growth - Aerospace Systems: 13.4% compared to the 9.2% average estimate based on three analysts.Diversified Industrial - North America - Organic sales growth: 4.9% versus 2.8% estimated by three analysts on average.Reported sales growth - Diversified Industrial International Businesses: 9.5% versus the three-analyst average estimate of 4.6%.Organic sales growth - Diversified Industrial International Businesses: 5.6% compared to the 5.5% average estimate based on three analysts.Diversified Industrial - International - Organic sales growth: 6.5% compared to the 1.7% average estimate based on three analysts.Organic sales growth - Aerospace Systems: 13.3% versus the three-analyst average estimate of 9%.Net sales - Diversified Industrial: $3.86 billion versus $3.75 billion estimated by three analysts on average.Net Sales- Diversified Industrial- International: $1.63 billion compared to the $1.56 billion average estimate based on three analysts. The reported number represents a change of +9.5% year over year.Net Sales- Aerospace Systems: $1.9 billion versus the three-analyst average estimate of $1.83 billion. The reported number represents a year-over-year change of +13.4%.Net Sales- Diversified Industrial- North America: $2.22 billion versus $2.19 billion estimated by three analysts on average.View all Key Company Metrics for Parker-Hannifin here>>>
Shares of Parker-Hannifin have returned +6.2% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Parker-Hannifin (PH - Free Report) came out with quarterly earnings of $9.27 per share, beating the Zacks Consensus Estimate of $8.29 per share. This compares to earnings of $7.69 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +11.82%. A quarter ago, it was expected that this maker of motion and control products would post earnings of $7.85 per share when it actually produced earnings of $8.17, delivering a surprise of +4.08%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Parker-Hannifin, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $5.76 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.68%. This compares to year-ago revenues of $5.24 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Parker-Hannifin shares have added about 13.4% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for Parker-Hannifin?While Parker-Hannifin has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Parker-Hannifin was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $8.06 on $5.41 billion in revenues for the coming quarter and $34.00 on $22.53 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial is currently in the top 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Trimble Navigation (TRMB - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 12.
This GPS manufacturer is expected to post quarterly earnings of $0.80 per share in its upcoming report, which represents a year-over-year change of +12.7%. The consensus EPS estimate for the quarter has been revised 0.8% higher over the last 30 days to the current level.
Trimble Navigation's revenues are expected to be $950.94 million, up 8.6% from the year-ago quarter.
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CLEVELAND, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter and fiscal year ended June 30, 2026, that included the following highlights (compared with the prior year period): Fiscal 2026 Fourth Quarter Highlights: Sales increased 9.8% to a record $5.8 billion; organic sales increased 8.0% Net income was $1.1 billion, an increase of 18%, or $1.2 billion adjusted, an increase of 20% EPS increased 19% to $8.54, adjusted EPS increased 21% to a record $9.27 Segment operating margin was 26.5%, an increase of 260 bps, or 28.0% adjusted, an increase of 110 bps Fiscal 2026 Full Year Highlights: Sales increased 8.3% to a record $21.5 billion; organic sales increased 6.6% Net income was $3.6 billion, an increase of 3%, or $4.1 billion adjusted, an increase of 16% EPS increased 5% to $28.48, adjusted EPS increased 18% to a record $32.31 Segment operating margin was 24.5%, an increase of 150 bps, or 27.3% adjusted, an increase of 120 bps Cash flow from operations was a record $4.4 billion, or 20.3% of sales Completed acquisition of Curtis Instruments, Inc. and announced agreements to acquire Filtration Group Corporation and CIRCOR's Commercial and Defense Aerospace Business Returned nearly $2 billion to shareholders, through a combination of share repurchases and dividends Increased the annual dividend 11%, marking 70 consecutive fiscal years of increasing annual dividends per share paid “On behalf of the entire leadership team, thank you to our global team members for their outstanding contributions in fiscal year 2026,” said Jenny Parmentier, Chairman and Chief Executive Officer. “We had our safest year ever, continued enhancing our portfolio of interconnected technologies through strategic acquisitions, and demonstrated operational excellence to deliver record results.
Parker Hannifin Corp (PH) released its 8-K filing on August 6, 2026, unveiling its fourth-quarter and full-year financial results for the fiscal year ended June
Parker-Hannifin (PH -0.49%) focuses on motion control, hydraulics, pneumatics, filtration, and aerospace systems, so it is somewhat unique, with no single conglomerate overlapping with 100% of its product portfolio.
The industrial company reports earnings on Aug. 6 and analysts, on average, are expecting earnings per share (EPS) of $8.27 and revenue of $5.57 billion. The stock has consistently beaten analysts' estimates, though. Considering the company's track record, it may make sense to buy the stock before Aug. 6.
Here are three reasons why it might be a good buy-and-hold industrial stock, regardless of what happens with the company's fourth-quarter earnings.
Image source: Getty Images.
The company's record backlog and momentum Supported by the successful 2022 integration of Meggitt and the pending $2.55 billion acquisition of CIRCOR Aerospace, Parker-Hannifin entered the quarter with a record order backlog, reaching $12.5 billion in the fiscal third quarter ended March 31. It also had $5.5 billion in sales, up 12% year over year, and reported record adjusted earnings per share (EPS) of $8.17 for the quarter, up 16% from the same period last year.
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High aerospace backlogs provide top-line visibility and margin expansion that cushion against potential weakness in broader short-cycle industrial markets. Its aerospace systems segment had $1.8 billion in sales in the third quarter, with a 22% rise in commercial original equipment manufacturer (OEM) sales and a 14% rise in aftermarket sales. The segment's operating margin grew by 80 basis points year over year to 29.5%. The company's guidance points to 12% year-over-year growth in the segment.
The company should also benefit from the rise in military spending spurred by the conflict in Iran, as its products are part of nearly every military aircraft.
High-quality cash generation and capital allocation Parker's capital deployment remains a key catalyst. Robust free cash flow -- with $2.6 billion in the third quarter -- has enabled rapid debt paydown, while simultaneously funding strategic bolt-on mergers and acquisitions and returning cash to shareholders. It had repurchased $825 million worth of its shares through the third quarter while cutting its long-term debt to $6.7 billion.
A dependable, growing dividend The company is a Dividend King, one of a small list of stocks that have increased their quarterly dividend for 50 or more consecutive years. While many Dividend Kings now have single-digit dividend increases, Parker-Hannifin increased its dividend by 11% to $2 per share in April, marking the 70th consecutive year of dividend increases. Its five-year dividend growth rate is almost 94%.
One reason not to buy Parker-Hannifin The stock is up more than 37% so far this year and is trading near record highs, not far off its 52-week high of $1,034.96. Its price-to-earnings ratio (P/E) is above 36, and it has a PEG ratio around 8.5. Those numbers are historically high for the stock, but compared to its competitors, they are somewhat conservative.
However, any near-term weakness in short-cycle industrial PMI data, management caution regarding full-year 2027 guidance, or an earnings print that merely meets (rather than beats) estimates could trigger post-announcement profit-taking and volatility.
Wall Street analysts expect Parker-Hannifin (PH - Free Report) to post quarterly earnings of $8.30 per share in its upcoming report, which indicates a year-over-year increase of 7.9%. Revenues are expected to be $5.61 billion, up 6.9% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 0.3% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Parker-Hannifin metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Net Sales- Diversified Industrial- International' will reach $1.56 billion. The estimate suggests a change of +4.8% year over year.
The consensus estimate for 'Net Sales- Aerospace Systems' stands at $1.83 billion. The estimate indicates a change of +9.2% from the prior-year quarter.
The average prediction of analysts places 'Reported sales growth - Aerospace Systems' at 9.2%. Compared to the present estimate, the company reported 9.7% in the same quarter last year.
Analysts' assessment points toward 'Reported sales growth - Diversified Industrial International Businesses' reaching 4.8%. Compared to the current estimate, the company reported 4.3% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Organic sales growth - Aerospace Systems' should arrive at 9.0%. The estimate is in contrast to the year-ago figure of 8.6%.
The collective assessment of analysts points to an estimated 'Adjusted segment operating income- Diversified Industrial- North America' of $589.88 million. Compared to the current estimate, the company reported $555.00 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Adjusted segment operating income- Aerospace Systems' should come in at $549.82 million. Compared to the present estimate, the company reported $486.00 million in the same quarter last year.
Analysts predict that the 'Adjusted segment operating income- Diversified Industrial- International' will reach $395.10 million. The estimate compares to the year-ago value of $369.00 million.
View all Key Company Metrics for Parker-Hannifin here>>>
Over the past month, shares of Parker-Hannifin have returned +1.4% versus the Zacks S&P 500 composite's +0.2% change. Currently, PH carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Wall Street expects a year-over-year increase in earnings on higher revenues when Parker-Hannifin (PH - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 6. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis maker of motion and control products is expected to post quarterly earnings of $8.30 per share in its upcoming report, which represents a year-over-year change of +7.9%.
Revenues are expected to be $5.61 billion, up 6.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.27% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Parker-Hannifin?For Parker-Hannifin, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.58%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Parker-Hannifin will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Parker-Hannifin would post earnings of $7.85 per share when it actually produced earnings of $8.17, delivering a surprise of +4.08%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Parker-Hannifin doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Manufacturing - General Industrial industry, Watts Water (WTS - Free Report) , is soon expected to post earnings of $3.34 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +8.1%. This quarter's revenue is expected to be $725.76 million, up 12.8% from the year-ago quarter.
The consensus EPS estimate for Watts Water has been revised 1.5% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.34%.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Watts Water will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
CLEVELAND, July 27, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 fourth quarter and full year earnings before the market opens on Thursday, August 6, 2026, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 fourth quarter and full year results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has increased its annual dividend per share paid to shareholders for 70 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. Learn more at www.parker.com or @parkerhannifin.
Gabelli Funds LLC grew its holdings in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 24.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 11,802 shares of the industrial products company’s stock after buying an additional 2,302 shares during the quarter. Gabelli Funds LLC’s holdings in Parker-Hannifin were worth $10,566,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in PH. Fideuram Asset Management Ireland dac purchased a new position in shares of Parker-Hannifin during the fourth quarter valued at approximately $1,253,000. Truist Financial Corp boosted its position in shares of Parker-Hannifin by 2.7% in the 4th quarter. Truist Financial Corp now owns 174,852 shares of the industrial products company’s stock worth $153,687,000 after purchasing an additional 4,673 shares in the last quarter. Y.D. More Investments Ltd purchased a new stake in shares of Parker-Hannifin in the 4th quarter worth approximately $3,800,000. BCS Wealth Management grew its stake in shares of Parker-Hannifin by 83.3% in the 4th quarter. BCS Wealth Management now owns 3,120 shares of the industrial products company’s stock worth $2,742,000 after buying an additional 1,418 shares during the last quarter. Finally, Shepherd Street Advisors LLC bought a new position in Parker-Hannifin during the 4th quarter valued at approximately $1,736,000. 82.44% of the stock is currently owned by institutional investors.
Parker-Hannifin Price Performance Shares of NYSE:PH opened at $986.17 on Monday. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $124.35 billion, a PE ratio of 36.38, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11. The firm’s 50 day moving average price is $922.26 and its 200-day moving average price is $936.20. Parker-Hannifin Corporation has a twelve month low of $692.02 and a twelve month high of $1,034.96.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.84 by $0.33. The firm had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.40 billion. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.94 EPS. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Equities research analysts expect that Parker-Hannifin Corporation will post 31.26 EPS for the current year.
Wall Street Analysts Forecast Growth Several equities analysts have recently issued reports on the company. Stifel Nicolaus lifted their price target on Parker-Hannifin from $965.00 to $1,000.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. Wall Street Zen downgraded shares of Parker-Hannifin from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. JPMorgan Chase & Co. reduced their price objective on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Mizuho set a $1,050.00 target price on shares of Parker-Hannifin in a report on Friday, May 1st. Finally, Truist Financial upped their target price on shares of Parker-Hannifin from $1,147.00 to $1,269.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,027.38.
Check Out Our Latest Stock Report on PH
Parker-Hannifin Profile (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
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Bank of Nova Scotia lessened its stake in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 17.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,678 shares of the industrial products company’s stock after selling 6,562 shares during the quarter. Bank of Nova Scotia’s holdings in Parker-Hannifin were worth $27,464,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Parker-Hannifin by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 11,142,535 shares of the industrial products company’s stock worth $9,793,843,000 after purchasing an additional 33,606 shares in the last quarter. Bank of America Corp DE grew its position in shares of Parker-Hannifin by 0.6% in the fourth quarter. Bank of America Corp DE now owns 3,926,896 shares of the industrial products company’s stock valued at $3,451,584,000 after purchasing an additional 22,305 shares in the last quarter. Capital World Investors increased its holdings in shares of Parker-Hannifin by 0.6% in the fourth quarter. Capital World Investors now owns 2,600,844 shares of the industrial products company’s stock valued at $2,286,038,000 after purchasing an additional 16,703 shares during the last quarter. Morgan Stanley lifted its position in Parker-Hannifin by 1.1% during the fourth quarter. Morgan Stanley now owns 2,133,044 shares of the industrial products company’s stock worth $1,874,862,000 after buying an additional 22,367 shares in the last quarter. Finally, Norges Bank acquired a new position in Parker-Hannifin during the fourth quarter worth $1,756,230,000. 82.44% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several research analysts have recently commented on PH shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a report on Friday, July 17th. Evercore set a $1,064.00 price objective on shares of Parker-Hannifin in a research report on Monday, May 11th. Citigroup reaffirmed a “buy” rating on shares of Parker-Hannifin in a research note on Monday, June 8th. Wells Fargo & Company dropped their price target on shares of Parker-Hannifin from $980.00 to $950.00 and set an “overweight” rating for the company in a research note on Tuesday, May 26th. Finally, Wall Street Zen lowered shares of Parker-Hannifin from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,027.38.
Read Our Latest Stock Analysis on Parker-Hannifin
Parker-Hannifin Trading Up 0.1% Shares of NYSE:PH opened at $986.17 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average price is $922.26 and its 200 day moving average price is $936.00. The company has a market cap of $124.35 billion, a PE ratio of 36.38, a P/E/G ratio of 2.63 and a beta of 1.11. Parker-Hannifin Corporation has a fifty-two week low of $692.02 and a fifty-two week high of $1,034.96.
Parker-Hannifin (NYSE:PH – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The industrial products company reported $8.17 EPS for the quarter, beating the consensus estimate of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.40 billion. During the same quarter last year, the business earned $6.94 earnings per share. Parker-Hannifin’s revenue was up 10.6% compared to the same quarter last year. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Sell-side analysts anticipate that Parker-Hannifin Corporation will post 31.26 earnings per share for the current year.
Parker-Hannifin Company Profile (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
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Dimensional Fund Advisors LP reduced its holdings in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 20.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 461,024 shares of the industrial products company’s stock after selling 118,177 shares during the period. Dimensional Fund Advisors LP owned about 0.37% of Parker-Hannifin worth $412,623,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of PH. Texas Capital Bancshares Inc TX acquired a new position in shares of Parker-Hannifin in the 3rd quarter valued at about $25,000. HFM Investment Advisors LLC lifted its position in shares of Parker-Hannifin by 1,000.0% in the fourth quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 30 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of Parker-Hannifin during the fourth quarter worth approximately $31,000. NFSG Corp boosted its holdings in shares of Parker-Hannifin by 94.4% during the first quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 17 shares during the period. Finally, Mowery & Schoenfeld Wealth Management LLC grew its position in Parker-Hannifin by 80.0% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 16 shares in the last quarter. 82.44% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes Several research firms have weighed in on PH. Mizuho set a $1,050.00 price objective on shares of Parker-Hannifin in a research note on Friday, May 1st. Citigroup reissued a “buy” rating on shares of Parker-Hannifin in a research note on Monday, June 8th. JPMorgan Chase & Co. dropped their price target on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a report on Friday. Finally, Evercore set a $1,064.00 price objective on Parker-Hannifin in a research report on Monday, May 11th. Eighteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,027.38.
Check Out Our Latest Research Report on Parker-Hannifin
Parker-Hannifin Price Performance Shares of PH opened at $959.19 on Wednesday. The firm has a market cap of $120.94 billion, a PE ratio of 35.38, a PEG ratio of 2.54 and a beta of 1.11. The firm’s 50 day moving average price is $915.89 and its 200 day moving average price is $934.34. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. Parker-Hannifin Corporation has a twelve month low of $692.02 and a twelve month high of $1,034.96.
Parker-Hannifin (NYSE:PH – Get Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $8.17 EPS for the quarter, topping the consensus estimate of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.40 billion. During the same period in the previous year, the firm posted $6.94 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. As a group, research analysts expect that Parker-Hannifin Corporation will post 31.26 EPS for the current fiscal year.
Parker-Hannifin Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 8th were issued a $2.00 dividend. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. This represents a $8.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, May 8th. Parker-Hannifin’s dividend payout ratio is currently 29.51%.
About Parker-Hannifin (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
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Andra AP fonden raised its position in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 90.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,687 shares of the industrial products company’s stock after acquiring an additional 13,611 shares during the quarter. Andra AP fonden’s holdings in Parker-Hannifin were worth $25,682,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC lifted its position in shares of Parker-Hannifin by 1,000.0% during the 4th quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 30 shares during the last quarter. Texas Capital Bancshares Inc TX acquired a new position in shares of Parker-Hannifin during the third quarter worth $25,000. Lloyd Advisory Services LLC. purchased a new position in Parker-Hannifin in the fourth quarter valued at $31,000. NFSG Corp raised its stake in Parker-Hannifin by 94.4% in the first quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock valued at $31,000 after buying an additional 17 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC raised its stake in Parker-Hannifin by 80.0% in the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after buying an additional 16 shares in the last quarter. Institutional investors and hedge funds own 82.44% of the company’s stock.
Analyst Ratings Changes Several research analysts have recently issued reports on PH shares. Wells Fargo & Company lowered their price objective on Parker-Hannifin from $980.00 to $950.00 and set an “overweight” rating for the company in a research report on Tuesday, May 26th. Evercore set a $1,064.00 target price on Parker-Hannifin in a research report on Monday, May 11th. Stifel Nicolaus boosted their target price on Parker-Hannifin from $965.00 to $1,000.00 and gave the stock a “hold” rating in a research note on Friday, April 10th. Wall Street Zen downgraded Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,027.38.
Check Out Our Latest Stock Analysis on PH
Parker-Hannifin Stock Performance Shares of PH opened at $950.03 on Tuesday. The company’s 50 day simple moving average is $914.33 and its 200-day simple moving average is $933.78. The firm has a market cap of $119.79 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 2.54 and a beta of 1.11. Parker-Hannifin Corporation has a 12-month low of $692.02 and a 12-month high of $1,034.96. The company has a current ratio of 1.13, a quick ratio of 0.66 and a debt-to-equity ratio of 0.46.
Parker-Hannifin (NYSE:PH – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 EPS for the quarter, beating analysts’ consensus estimates of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.40 billion. During the same period in the previous year, the business posted $6.94 earnings per share. Parker-Hannifin’s quarterly revenue was up 10.6% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. As a group, equities analysts predict that Parker-Hannifin Corporation will post 31.26 EPS for the current year.
Parker-Hannifin Increases Dividend The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 8th were paid a $2.00 dividend. This is an increase from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date was Friday, May 8th. This represents a $8.00 annualized dividend and a dividend yield of 0.8%. Parker-Hannifin’s dividend payout ratio (DPR) is 29.51%.
Parker-Hannifin Profile (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
Recommended Stories Five stocks we like better than Parker-Hannifin The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding PH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Parker-Hannifin Corporation (NYSE:PH – Free Report).
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Allspring Global Investments Holdings LLC trimmed its holdings in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) by 19.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,058 shares of the industrial products company’s stock after selling 6,970 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Parker-Hannifin were worth $25,835,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Texas Capital Bancshares Inc TX acquired a new position in Parker-Hannifin in the third quarter valued at about $25,000. HFM Investment Advisors LLC grew its position in shares of Parker-Hannifin by 1,000.0% during the 4th quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after buying an additional 30 shares during the period. Lloyd Advisory Services LLC. bought a new stake in shares of Parker-Hannifin in the 4th quarter valued at about $31,000. NFSG Corp increased its stake in shares of Parker-Hannifin by 94.4% in the 1st quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 17 shares during the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC raised its position in shares of Parker-Hannifin by 80.0% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 16 shares during the period. 82.44% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades A number of research analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a report on Tuesday, April 21st. Citigroup reiterated a “buy” rating on shares of Parker-Hannifin in a report on Monday, June 8th. Sanford C. Bernstein reissued an “outperform” rating and issued a $1,037.00 price target on shares of Parker-Hannifin in a report on Thursday. Mizuho set a $1,050.00 price objective on shares of Parker-Hannifin in a research report on Friday, May 1st. Finally, JPMorgan Chase & Co. dropped their price objective on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Parker-Hannifin presently has a consensus rating of “Moderate Buy” and an average price target of $1,027.38.
Get Our Latest Report on PH
Parker-Hannifin Stock Down 0.3% Parker-Hannifin stock opened at $950.03 on Tuesday. The company has a 50 day moving average of $914.33 and a 200-day moving average of $933.78. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46. Parker-Hannifin Corporation has a twelve month low of $692.02 and a twelve month high of $1,034.96. The stock has a market capitalization of $119.79 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 2.54 and a beta of 1.11.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 EPS for the quarter, topping analysts’ consensus estimates of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The business had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.40 billion. During the same period last year, the business posted $6.94 earnings per share. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. On average, equities research analysts anticipate that Parker-Hannifin Corporation will post 31.26 EPS for the current fiscal year.
Parker-Hannifin Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 8th were issued a dividend of $2.00 per share. The ex-dividend date was Friday, May 8th. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.8%. Parker-Hannifin’s dividend payout ratio is 29.51%.
About Parker-Hannifin (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
Further Reading Five stocks we like better than Parker-Hannifin The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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AIA Group Ltd purchased a new stake in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 10,564 shares of the industrial products company’s stock, valued at approximately $9,457,000.
Several other institutional investors and hedge funds have also bought and sold shares of the business. JFS Wealth Advisors LLC increased its position in Parker-Hannifin by 6.8% during the 4th quarter. JFS Wealth Advisors LLC now owns 173 shares of the industrial products company’s stock valued at $152,000 after purchasing an additional 11 shares during the period. Avion Wealth lifted its position in shares of Parker-Hannifin by 35.5% in the 4th quarter. Avion Wealth now owns 42 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 11 shares during the period. Optas LLC lifted its position in shares of Parker-Hannifin by 3.1% in the 1st quarter. Optas LLC now owns 370 shares of the industrial products company’s stock worth $331,000 after purchasing an additional 11 shares during the period. Moneta Group Investment Advisors LLC boosted its stake in shares of Parker-Hannifin by 1.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 614 shares of the industrial products company’s stock valued at $540,000 after purchasing an additional 11 shares in the last quarter. Finally, Inspire Advisors LLC boosted its stake in shares of Parker-Hannifin by 1.2% during the 4th quarter. Inspire Advisors LLC now owns 917 shares of the industrial products company’s stock valued at $807,000 after purchasing an additional 11 shares in the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.
Parker-Hannifin Trading Down 0.5% Parker-Hannifin stock opened at $953.13 on Friday. Parker-Hannifin Corporation has a one year low of $692.02 and a one year high of $1,034.96. The business’s fifty day moving average is $912.84 and its 200 day moving average is $933.05. The stock has a market capitalization of $120.18 billion, a PE ratio of 35.16, a price-to-earnings-growth ratio of 2.54 and a beta of 1.11. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.13 and a quick ratio of 0.66.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its earnings results on Thursday, April 30th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company had revenue of $5.49 billion for the quarter, compared to analysts’ expectations of $5.40 billion. During the same quarter last year, the company posted $6.94 earnings per share. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. On average, sell-side analysts predict that Parker-Hannifin Corporation will post 31.26 EPS for the current year.
Parker-Hannifin Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 8th were paid a $2.00 dividend. This represents a $8.00 annualized dividend and a dividend yield of 0.8%. This is an increase from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date of this dividend was Friday, May 8th. Parker-Hannifin’s dividend payout ratio is 29.51%.
Analyst Ratings Changes PH has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a report on Tuesday, April 21st. Evercore set a $1,064.00 price target on Parker-Hannifin in a research report on Monday, May 11th. BMO Capital Markets assumed coverage on Parker-Hannifin in a research note on Friday, March 27th. They issued an “outperform” rating and a $1,090.00 price target on the stock. Mizuho set a $1,050.00 price objective on Parker-Hannifin in a report on Friday, May 1st. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $1,037.00 price objective on shares of Parker-Hannifin in a research report on Thursday. Eighteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,027.38.
View Our Latest Stock Report on PH
Parker-Hannifin Profile (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
Recommended Stories Five stocks we like better than Parker-Hannifin Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs? The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story Why Intuitive Surgical’s Strong Quarter Still Spooked Investors Want to see what other hedge funds are holding PH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Parker-Hannifin Corporation (NYSE:PH – Free Report).
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After reaching an important support level, Parker-Hannifin (PH - Free Report) could be a good stock pick from a technical perspective. PH surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.
Similar to other SMAs, if a stock's price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend.
Shares of PH have been moving higher over the past four weeks, up 6.4%. Plus, the company is currently a Zacks Rank #3 (Hold) stock, suggesting that PH could be poised for a continued surge.
The bullish case solidifies once investors consider PH's positive earnings estimate revisions. No estimate has gone lower in the past two months for the current fiscal year, compared to 2 higher, while the consensus estimate has increased too.
With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on PH for more gains in the near future.
Key Takeaways Parker-Hannifin's Aerospace Systems organic revenues rose 14.2% in fiscal Q3 2026.PH expects aerospace sales growth from air transport demand and strong defense spending.Parker-Hannifin agreed to acquire CIRCOR's aerospace business for $2.55 billion. Parker-Hannifin Corporation (PH - Free Report) is witnessing persistent strength in its Aerospace Systems segment. The segment is benefiting from strength across its commercial and defense end markets across both Original Equipment Manufacturer (OEM) and aftermarket channels. Segmental organic revenues jumped approximately 14.2% year over year in the third quarter of fiscal 2026 (ended March 2026).
The Aerospace Systems segment is expected to capitalize on the strong demand for its products and aftermarket support services in the general aviation market, driven by growth in air transport activities. Strength in its defense end market, owing to robust U.S. and international defense spending volumes, is also likely to be beneficial. Parker-Hannifin expects the Aerospace Systems segment’s organic sales to increase 12% from the year-ago level in fiscal 2026 (ending June 2026).
In May 2026, the company also entered into a deal with CIRCOR International to acquire the latter’s Commercial and Defense Aerospace business for $2.55 billion. The transaction, anticipated to close in the second half of this year, will add complementary technologies and capabilities, thereby further strengthening its position across aerospace and defense markets.
Driven by strength in its businesses, Parker-Hannifin has issued bullish fiscal 2026 guidance. The company currently expects total sales to increase 7% year over year, while organic sales are projected to grow 5.5%.
Segment Snapshot of PH’s PeersAmong its major peers, Howmet Aerospace Inc.’s (HWM - Free Report) defense aerospace market is playing an important role in driving its overall growth. In the first quarter of 2026, Howmet’s revenues from the defense aerospace market jumped 10% year over year, which accounted for 16% of its total sales. The surge in revenues was fueled by robust demand for Howmet’s engine spares and an increase in orders for new builds and legacy fighter jet parts.
RBC Bearings Incorporated (RBC - Free Report) is gaining from the strong performance of the Aerospace/Defense segment. Strength in the commercial aerospace market, driven by strong growth in orders from the OEM and the aftermarket verticals, is driving the Aerospace/Defense segment. The segment’s revenues were up 41.2% year over year in fourth-quarter fiscal 2026 (ended March 2026).
PH's Price Performance, Valuation and EstimatesShares of Parker-Hannifin have gained 11.1% in the past six months compared with the industry’s growth of 6.3%.
Image Source: Zacks Investment Research
From a valuation standpoint, PH is trading at a forward price-to-earnings ratio of 29.13X, above the industry’s average of 22.76X. Parker-Hannifin carries a Value Score of F.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PH’s fiscal 2026 earnings has increased 0.7% over the past 60 days.
Image Source: Zacks Investment Research
Parker-Hannifin currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
