A number of research firms have changed their ratings and price targets for Parker-Hannifin (NYSE: PH):
- 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 AG.
- 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 Inc. 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.
- 8/22/2026 – Parker-Hannifin was downgraded by Wall Street Zen from “buy” to “hold”.
Parker-Hannifin Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Monday, August 31st were paid a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, August 31st. Parker-Hannifin’s dividend payout ratio is presently 28.08%.
Insider Buying and Selling
In other Parker-Hannifin news, VP Berend Bracht sold 602 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total value of $626,362.94. Following the completion of the sale, the vice president directly owned 4,399 shares of the company’s stock, valued at $4,577,027.53. This represents a 12.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.35% of the stock is currently owned by 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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