Parker-Hannifin (NYSE:PH) Upgraded at Wall Street Zen

Posted by Geri Gentry on Aug 11th, 2026

Wall Street Zen upgraded shares of Parker-Hannifin (NYSE:PH – Free Report) from a hold rating to a buy rating in a report published on Saturday.

A number of other equities analysts also recently issued reports on the stock. Mizuho set a $1,050.00 price target on shares of Parker-Hannifin in a research note on Friday, May 1st. BMO Capital Markets reaffirmed an “outperform” rating and set a $1,214.00 price objective on shares of Parker-Hannifin in a research report on Friday. JPMorgan Chase & Co. reduced their target price on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. KeyCorp increased their target price on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a research note on Friday, July 17th. Eighteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Parker-Hannifin currently has a consensus rating of “Moderate Buy” and an average target price of $1,091.38.

Get Our Latest Analysis on Parker-Hannifin

Parker-Hannifin Stock Down 1.2%

Shares of Parker-Hannifin stock opened at $1,060.53 on Friday. 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 has a 12-month low of $715.37 and a 12-month high of $1,099.94. The company has a market cap of $133.72 billion, a P/E ratio of 37.22, a PEG ratio of 2.83 and a beta of 1.12. The company’s fifty day simple moving average is $955.35 and its two-hundred day simple moving average is $942.08.

Parker-Hannifin (NYSE:PH – Get Free Report) last posted its 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. The firm had revenue of $5.75 billion during 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%. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period last year, the company posted $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Research analysts anticipate that Parker-Hannifin will post 34.5 EPS for the current year.

Institutional Investors Weigh In On Parker-Hannifin

Hedge funds and other institutional investors have recently bought and sold shares of the business. Texas Capital Bancshares Inc TX bought a new stake in shares of Parker-Hannifin in the 3rd quarter worth approximately $25,000. HFM Investment Advisors LLC increased its position in 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 valued at $29,000 after buying an additional 30 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Parker-Hannifin during the fourth quarter valued at $31,000. NFSG Corp raised its stake 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 buying an additional 17 shares during the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC boosted its holdings 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 worth $32,000 after acquiring an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.

About Parker-Hannifin

(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.