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

Parker-Hannifin (NYSE:PH) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 31.200-31.200 for the period, compared to the consensus EPS estimate of 30.990. The company issued revenue guidance of $21.2 billion-$21.2 billion, compared to the consensus revenue estimate of $21.3 billion.

Parker-Hannifin Price Performance

Shares of Parker-Hannifin stock traded down $27.92 during trading hours on Friday, reaching $881.50. The stock had a trading volume of 882,192 shares, compared to its average volume of 718,656. The stock’s 50 day moving average is $948.12 and its 200 day moving average is $900.79. The firm has a market capitalization of $111.26 billion, a PE ratio of 32.11, a PEG ratio of 3.05 and a beta of 1.25. Parker-Hannifin has a twelve month low of $608.31 and a twelve month high of $1,034.96. The company has a current ratio of 1.18, a quick ratio of 0.66 and a debt-to-equity ratio of 0.52.

Parker-Hannifin (NYSE:PH) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, topping analysts’ consensus estimates of $7.84 by $0.33. Parker-Hannifin had a net margin of 17.29% and a return on equity of 27.56%. The business had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.40 billion. During the same quarter in the prior year, the firm posted $6.94 earnings per share. The company’s revenue was up 10.6% compared to the same quarter last year. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Equities analysts expect that Parker-Hannifin will post 31.04 earnings per share for the current fiscal year.

Parker-Hannifin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 8th will be paid a dividend of $2.00 per share. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date of this dividend is Friday, May 8th. This represents a $8.00 annualized dividend and a yield of 0.9%. Parker-Hannifin’s dividend payout ratio is presently 26.26%.

Analyst Upgrades and Downgrades

A number of analysts have commented on PH shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a report on Tuesday, April 21st. Citigroup reiterated a “buy” rating on shares of Parker-Hannifin in a report on Friday. iA Financial set a $1,032.00 price objective on shares of Parker-Hannifin in a report on Thursday, January 29th. Wall Street Zen upgraded shares of Parker-Hannifin from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Parker-Hannifin in a report on Thursday, January 29th. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,012.25.

Insider Activity at Parker-Hannifin

In other Parker-Hannifin news, COO Andrew D. Ross sold 4,664 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $999.00, for a total transaction of $4,659,336.00. Following the completion of the sale, the chief operating officer owned 13,120 shares of the company’s stock, valued at $13,106,880. This trade represents a 26.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Matthew A. Jacobson sold 564 shares of Parker-Hannifin stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $949.94, for a total transaction of $535,766.16. Following the completion of the sale, the vice president owned 1,000 shares of the company’s stock, valued at $949,940. This trade represents a 36.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,063 shares of company stock valued at $9,891,214 over the last 90 days. Corporate insiders own 0.32% of the company’s stock.

Key Parker-Hannifin News

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

• Positive Sentiment: Q3 beat and strong underlying performance — Parker reported record Q3 sales of $5.5B and adjusted EPS of $8.17 (above estimates), with organic sales +6.5% and improved adjusted margins; management highlighted strong aerospace demand. GlobeNewswire Q3 Release
• Positive Sentiment: Backlog, cash flow and capital returns support longer?term outlook — backlog hit a record ~$12.5B, year?to?date operating cash flow was a company record, the board raised the dividend and the company repurchased $275M of shares in the quarter. Benzinga Backlog Article
• Positive Sentiment: Management raised FY?2026 adjusted EPS guidance to $31.20 (vs. prior consensus ~30.99) — a modest upgrade that reinforces the company’s margin and cash generation story. Zacks Guidance Article
• Neutral Sentiment: Analyst coverage remains constructive — multiple firms have buy/overweight ratings and above?$1,000 median price targets, signaling continued analyst confidence despite the muted market reaction. QuiverQuant Analyst Notes
• Negative Sentiment: “Sell?the?news” and guidance optics pressured the stock — although results beat on adjusted measures, revenue guidance ($21.2B) was roughly flat to consensus and not a material upside; some investors viewed the update as underwhelming vs. elevated expectations. QuiverQuant Reaction
• Negative Sentiment: GAAP noise lowered headline optics — GAAP net income and GAAP EPS fell year?over?year due to a prior?year discrete tax benefit, which amplified the perception that underlying progress was less visible in GAAP terms. Earnings Call Transcript
• Negative Sentiment: Insider and institutional flows flagged by some data providers — recent disclosed insider sales and large institutional reweights were highlighted in market commentary and may have contributed to downward pressure. QuiverQuant Flow Notes

Hedge Funds Weigh In On Parker-Hannifin

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC boosted its position in shares of Parker-Hannifin by 1.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 614 shares of the industrial products company’s stock valued at $540,000 after acquiring an additional 11 shares during the last quarter. Inspire Advisors LLC boosted its position in shares of Parker-Hannifin by 1.2% during the 4th quarter. Inspire Advisors LLC now owns 917 shares of the industrial products company’s stock valued at $807,000 after acquiring an additional 11 shares during the last quarter. StoneX Group Inc. boosted its position in shares of Parker-Hannifin by 0.5% during the 4th quarter. StoneX Group Inc. now owns 2,583 shares of the industrial products company’s stock valued at $2,271,000 after acquiring an additional 12 shares during the last quarter. Lyell Wealth Management LP boosted its position in shares of Parker-Hannifin by 4.4% during the 4th quarter. Lyell Wealth Management LP now owns 308 shares of the industrial products company’s stock valued at $271,000 after acquiring an additional 13 shares during the last quarter. Finally, Rossby Financial LCC boosted its position in shares of Parker-Hannifin by 28.6% during the 4th quarter. Rossby Financial LCC now owns 63 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 14 shares during the last quarter. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Company Profile

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.