Parker-Hannifin (NYSE:PH) Releases FY 2026 Earnings Guidance

Parker-Hannifin (NYSE:PH) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 30.400-31.000 for the period, compared to the consensus EPS estimate of 30.360. The company issued revenue guidance of $20.9 billion-$21.3 billion, compared to the consensus revenue estimate of $21.1 billion.

Parker-Hannifin Price Performance

NYSE PH traded down $9.80 on Friday, reaching $938.61. The company’s stock had a trading volume of 221,735 shares, compared to its average volume of 641,193. Parker-Hannifin has a twelve month low of $488.45 and a twelve month high of $965.00. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.61 and a current ratio of 1.07. The firm’s 50 day moving average is $895.47 and its two-hundred day moving average is $804.72. The stock has a market cap of $118.44 billion, a PE ratio of 33.44, a PEG ratio of 3.19 and a beta of 1.25.

Parker-Hannifin (NYSE:PH) last released its earnings results on Thursday, January 29th. The industrial products company reported $7.65 EPS for the quarter, topping analysts’ consensus estimates of $7.11 by $0.54. The business had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $5.07 billion. Parker-Hannifin had a net margin of 18.17% and a return on equity of 27.23%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm earned $6.53 EPS. As a group, sell-side analysts predict that Parker-Hannifin will post 26.71 EPS for the current year.

Parker-Hannifin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 6th will be paid a dividend of $1.80 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a $7.20 annualized dividend and a dividend yield of 0.8%. Parker-Hannifin’s dividend payout ratio (DPR) is currently 25.65%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PH shares. Mizuho lifted their target price on Parker-Hannifin from $800.00 to $825.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Wall Street Zen downgraded Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Tuesday. Citigroup reiterated a “buy” rating on shares of Parker-Hannifin in a report on Monday, January 12th. KeyCorp restated an “overweight” rating and set a $1,100.00 price target on shares of Parker-Hannifin in a report on Friday. Finally, Robert W. Baird set a $1,050.00 price objective on shares of Parker-Hannifin in a research note on Friday. Seventeen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $969.53.

Insider Buying and Selling

In related news, VP Rachid Bendali sold 1,437 shares of Parker-Hannifin stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $852.99, for a total transaction of $1,225,746.63. Following the completion of the sale, the vice president owned 2,714 shares of the company’s stock, valued at approximately $2,315,014.86. This trade represents a 34.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Andrew D. Ross sold 2,488 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $894.81, for a total value of $2,226,287.28. Following the completion of the transaction, the chief operating officer directly owned 13,120 shares in the company, valued at approximately $11,739,907.20. The trade was a 15.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 7,432 shares of company stock worth $6,484,116. Corporate insiders own 0.32% of the company’s stock.

More Parker-Hannifin News

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

• Positive Sentiment: Q2 beat — Parker reported adjusted EPS of $7.65 and record sales of ~$5.2B with organic growth ~6.6% and improved segment margins, driven by aerospace and broad end?market strength. Parker Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Raised outlook — Management raised FY2026 profit/revenue guidance (EPS range ~30.40–31.00 and revenue ~$20.9–21.3B), signaling confidence in aerospace momentum and sustained organic growth. (Company guidance release)
• Positive Sentiment: Reuters and analysts flagged stronger aerospace parts demand as a key driver behind the higher profit forecast and the outlook raise. Parker-Hannifin raises annual profit forecast on aerospace parts demand
• Positive Sentiment: Technical pickup — PH cleared its 20?day moving average, a short?term bullish signal that may attract momentum traders. Parker-Hannifin (PH) Crossed Above the 20-Day Moving Average: What That Means for Investors
• Positive Sentiment: Analyst target nudged up — Stifel raised its price target to $941 (still a Hold), reflecting stronger results but leaving a cautious near?term stance. Stifel Revises Parker-Hannifin (PH) Outlook in Diversified Industrials Review
• Neutral Sentiment: Full earnings call and transcripts are available for detail on segment trends, buybacks/capital allocation and margin drivers; these may guide near?term sentiment but contain no major surprises. Parker-Hannifin: Consistent Performance Deserves A Premium, But Not This Much
• Negative Sentiment: Valuation concerns — commentary and some sell?side notes warn the stock may already incorporate a premium (PH’s P/E and recent ~40% run?up cited), which can cap upside and explain profit?taking after the report. Parker-Hannifin: Consistent Performance Deserves A Premium, But Not This Much

Institutional Investors Weigh In On Parker-Hannifin

A number of large investors have recently added to or reduced their stakes in the stock. Centaurus Financial Inc. lifted its stake in shares of Parker-Hannifin by 1.5% in the third quarter. Centaurus Financial Inc. now owns 1,061 shares of the industrial products company’s stock worth $804,000 after buying an additional 16 shares during the last quarter. Coldstream Capital Management Inc. boosted its holdings in Parker-Hannifin by 2.0% during the third quarter. Coldstream Capital Management Inc. now owns 3,095 shares of the industrial products company’s stock valued at $2,346,000 after acquiring an additional 60 shares during the period. Financial Engines Advisors L.L.C. grew its position in shares of Parker-Hannifin by 4.7% in the third quarter. Financial Engines Advisors L.L.C. now owns 583 shares of the industrial products company’s stock valued at $442,000 after purchasing an additional 26 shares during the last quarter. Morningstar Investment Management LLC bought a new position in shares of Parker-Hannifin in the third quarter worth about $1,518,000. Finally, Kestra Private Wealth Services LLC lifted its position in shares of Parker-Hannifin by 4.3% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 15,954 shares of the industrial products company’s stock worth $12,095,000 after purchasing an additional 663 shares during the last quarter. Institutional investors own 82.44% of the company’s stock.

About Parker-Hannifin

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.