Several analysts have recently updated their ratings and price targets for Parker-Hannifin (NYSE: PH):
- 10/24/2026 – Parker-Hannifin was upgraded by Wall Street Zen from “hold” to “buy”.
- 10/19/2026 – Parker-Hannifin was given a new $1,002.00 price target by Stifel Nicolaus.
- 10/15/2026 – Parker-Hannifin had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 10/15/2026 – Parker-Hannifin was given a new $1,200.00 price target by Mizuho.
- 10/14/2026 – Parker-Hannifin was given a new $950.00 price target by UBS Group.
- 10/14/2026 – Parker-Hannifin had its price target raised by TD Cowen from $850.00 to $950.00. They now have a “hold” rating on the stock.
- 10/12/2026 – Parker-Hannifin had its price target raised by Citigroup from $1,232.00 to $1,234.00. They now have a “buy” rating on the stock.
- 10/9/2026 – Parker-Hannifin had its price target lowered by JPMorgan Chase & Co. from $1,140.00 to $1,131.00. They now have an “overweight” rating on the stock.
- 9/30/2026 – Parker-Hannifin had its price target raised by Deutsche Bank Aktiengesellschaft from $998.00 to $1,023.00. They now have a “hold” rating on the stock.
- 9/24/2026 – Parker-Hannifin is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $1,050.00 price target on the stock.
- 9/24/2026 – Parker-Hannifin was upgraded by Wells Fargo & Company to “hold”.
- 9/18/2026 – Parker-Hannifin had its price target raised by BNP Paribas Exane from $1,220.00 to $1,270.00. They now have an “outperform” rating on the stock.
Parker-Hannifin Stock Performance
NYSE:PH traded down $29.67 during trading hours on Wednesday, hitting $915.32. 730,909 shares of the company traded hands, compared to its average volume of 688,957. 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 twelve month low of $755.10 and a twelve month high of $1,099.94. The firm has a 50-day moving average of $953.31 and a 200 day moving average of $949.73. The stock has a market capitalization of $115.43 billion, a price-to-earnings ratio of 32.13, a P/E/G ratio of 2.59 and a beta of 1.15.
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, topping the consensus estimate of $8.31 by $0.96. The company had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.57 billion. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period last year, the business posted $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, analysts forecast that Parker-Hannifin Corporation will post 35.72 EPS for the current year.
Parker-Hannifin Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, November 13th. Parker-Hannifin’s payout ratio is 28.08%.
Insider Buying and Selling
In other Parker-Hannifin 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.35% of the stock is currently owned by corporate insiders.
Parker-Hannifin Corporation is a diversified manufacturer of motion and control technologies and systems. The company serves aerospace, industrial, and other specialized markets with products designed to control the movement and flow of liquids and gases, as well as mechanical motion and power.
Its product portfolio includes hydraulic and pneumatic systems, filtration and process-control equipment, electromechanical technologies, sealing and shielding products, connectors, pumps, valves, and related components.
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