Parker-Hannifin’s (PH) “Outperform” Rating Reiterated at BNP Paribas Exane

Parker-Hannifin (NYSE:PHGet Free Report)‘s stock had its “outperform” rating reaffirmed by analysts at BNP Paribas Exane in a research report issued to clients and investors on Friday,Benzinga reports. They presently have a $1,220.00 price objective on the industrial products company’s stock, up from their prior price objective of $1,090.00. BNP Paribas Exane’s price target suggests a potential upside of 12.62% from the company’s previous close.

PH has been the topic of several other research reports. Evercore set a $1,064.00 target price on shares of Parker-Hannifin in a report on Monday, May 11th. Sanford C. Bernstein reissued an “outperform” rating and issued a $1,037.00 price objective on shares of Parker-Hannifin in a research report on Thursday, July 16th. Truist Financial raised their price objective on shares of Parker-Hannifin from $1,269.00 to $1,358.00 and gave the company a “buy” rating in a report on Friday. Stifel Nicolaus set a $1,075.00 price objective on shares of Parker-Hannifin in a research report on Friday. Finally, Susquehanna boosted their target price 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. Nineteen 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 $1,076.05.

Get Our Latest Stock Analysis on PH

Parker-Hannifin Stock Up 1.3%

NYSE PH traded up $13.45 during trading hours on Friday, hitting $1,083.25. 398,737 shares of the company were exchanged, compared to its average volume of 721,201. The company has a 50 day moving average of $945.98 and a two-hundred day moving average of $940.22. 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 has a 52-week low of $715.37 and a 52-week high of $1,099.94. The firm has a market cap of $136.59 billion, a price-to-earnings ratio of 39.90, a PEG ratio of 2.67 and a beta of 1.12.

Parker-Hannifin (NYSE:PHGet 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 analysts’ consensus estimates of $8.26 by $1.01. The company 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 27.97% and a net margin of 16.58%.Parker-Hannifin’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the company earned $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Equities research analysts anticipate that Parker-Hannifin will post 31.25 earnings per share for the current year.

Institutional Investors Weigh In On Parker-Hannifin

A number of institutional investors and hedge funds have recently bought and sold shares of PH. BlackRock Inc. purchased a new position in Parker-Hannifin during the 2nd quarter worth $10,163,362,000. Norges Bank purchased a new stake in shares of Parker-Hannifin in the fourth quarter valued at about $1,756,230,000. Deutsche Bank AG acquired a new position in shares of Parker-Hannifin during the second quarter worth about $987,587,000. Bank of New York Mellon Corp acquired a new position in shares of Parker-Hannifin during the second quarter worth about $712,222,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Parker-Hannifin during the second quarter worth about $305,628,000. 82.44% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Parker-Hannifin

Here are the key news stories impacting Parker-Hannifin this week:

  • Positive Sentiment: Record quarterly performance: Fiscal fourth-quarter sales rose 9.8% to $5.8 billion, while adjusted EPS increased 21% to a record $9.27, exceeding analysts’ expectations of approximately $8.26-$8.29. Adjusted operating margin also expanded, reflecting improved execution and cost control. Parker Reports Record Fiscal 2026 Fourth Quarter and Full Year Results
  • Positive Sentiment: Strong demand and visibility: Total backlog reached a record $12.8 billion, including an $8.5 billion aerospace backlog. Management cited broad-based order growth across aerospace and industrial markets, supporting expectations for continued expansion. Parker-Hannifin jumps after record Q4 results and stronger FY27 outlook
  • Positive Sentiment: FY2027 earnings outlook: Parker-Hannifin forecast adjusted EPS of $34.25-$35.25, above the roughly $34.09 consensus estimate, with reported and organic sales growth of 5.5%-8.5%. The company also raised its long-term adjusted segment operating-margin target to 30% by fiscal 2031. PH Q4 Earnings Beat Estimates on Aerospace and Industrial Growth
  • Positive Sentiment: Analyst support: Truist raised its price target to $1,358 from $1,269 and assigned a Buy rating. Susquehanna increased its target to $1,250 from $1,100 and maintained a Positive rating, signaling additional upside expectations. Analyst price-target updates
  • Neutral Sentiment: Fiscal 2027 revenue guidance of $20.9-$21.5 billion is below the reported consensus estimate of $22.7 billion, though the EPS outlook is above expectations and excludes potential contributions from pending acquisitions.
  • Negative Sentiment: Reported insider activity shows 30 sales and no purchases over the past six months. While some transactions may reflect scheduled sales or compensation, the pattern could temper investor sentiment following the stock’s strong run.

Parker-Hannifin Company Profile

(Get 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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Analyst Recommendations for Parker-Hannifin (NYSE:PH)

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