Parker-Hannifin (NYSE:PH) Announces FY 2027 Earnings Guidance

Parker-Hannifin (NYSE:PH – Get Free Report) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 36.450-37.250 for the period, compared to the consensus EPS estimate of 35.610. The company issued revenue guidance of $24.9 billion-$25.6 billion, compared to the consensus revenue estimate of $24.8 billion.

Parker-Hannifin Stock Down 1.9%

PH traded down $16.95 during midday trading on Thursday, hitting $893.24. 1,776,103 shares of the company’s stock traded hands, compared to its average volume of 695,911. 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 company has a market cap of $112.65 billion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 2.63 and a beta of 1.15. The stock’s fifty day simple moving average is $951.20 and its 200-day simple moving average is $949.56. Parker-Hannifin has a one year low of $806.22 and a one year high of $1,099.94.

Parker-Hannifin (NYSE:PH – Get Free Report) last posted its earnings results on Thursday, November 5th. The industrial products company reported $8.90 EPS for the quarter, topping the consensus estimate of $8.21 by $0.69. The company had revenue of $5.99 billion during the quarter, compared to the consensus estimate of $5.81 billion. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.22 earnings per share. Parker-Hannifin has set its FY 2027 guidance at 36.450-37.250 EPS. As a group, equities analysts anticipate that Parker-Hannifin will post 35.72 earnings per share for the current fiscal year.

Parker-Hannifin Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders 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 yield of 0.9%. The ex-dividend date of this dividend is Friday, November 13th. Parker-Hannifin’s dividend payout ratio is presently 28.08%.

Analysts Set New Price Targets

Several research firms have recently issued reports on PH. The Goldman Sachs Group upped their price target on Parker-Hannifin from $1,071.00 to $1,165.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Sanford C. Bernstein boosted their target price on Parker-Hannifin from $1,037.00 to $1,218.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. BMO Capital Markets restated an “outperform” rating and issued a $1,214.00 target price (up from $1,068.00) on shares of Parker-Hannifin in a report on Friday, August 7th. Mizuho set a $1,200.00 price target on Parker-Hannifin in a report on Thursday, October 15th. Finally, TD Cowen lifted their price target on shares of Parker-Hannifin from $850.00 to $950.00 and gave the company a “hold” rating in a research report on Wednesday, October 14th. Eighteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,146.35.

View Our Latest Stock Analysis on Parker-Hannifin

Insider Activity

In other news, VP Berend Bracht sold 602 shares of the firm’s stock in a transaction dated 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 approximately $4,577,027.53. This trade represents a 12.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.35% of the company’s stock.

More Parker-Hannifin News

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

  • Positive Sentiment: Adjusted earnings of $8.90 per share topped estimates, while sales rose 18% year over year to a record $6.0 billion. Organic sales increased 11.5%, and adjusted segment margin reached a record 28.6%. Company results and outlook
  • Positive Sentiment: PH raised fiscal 2027 adjusted EPS guidance to $36.45–$37.25, above the $35.61 consensus, and revenue guidance to $24.9–$25.6 billion, versus the $24.8 billion consensus. The company also cited stronger demand across market verticals and record backlog. Earnings, orders and outlook
  • Neutral Sentiment: Despite the earnings beat and upbeat outlook, shares reversed from an early rally and faced selling pressure during the session, indicating investors may be reassessing the results or taking profits. Share-price reversal report
  • Negative Sentiment: A separate report flagged rising debt alongside the stronger earnings and outlook, which could be a concern for investors, although the provided details do not quantify the increase. Debt and earnings report

Parker-Hannifin Company Profile

(Get Free Report)

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.

Further Reading

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