Parker-Hannifin (NYSE:PH) Price Target Raised to $1,250.00 at Susquehanna

Parker-Hannifin (NYSE:PH) had its price objective raised by investment analysts at Susquehanna from $1,100.00 to $1,250.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “positive” rating on the industrial products company’s stock. Susquehanna’s target price would suggest a potential upside of 16.68% from the stock’s previous close.

A number of other research analysts have also issued reports on the company. Wells Fargo & Company reduced their price objective on Parker-Hannifin from $980.00 to $950.00 and set an “overweight” rating for the company in a research report on Tuesday, May 26th. Truist Financial raised their target price on Parker-Hannifin from $1,147.00 to $1,269.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. reduced their price target on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Mizuho set a $1,050.00 price objective on shares of Parker-Hannifin in a report on Friday, May 1st. Finally, Citigroup reiterated a “buy” rating on shares of Parker-Hannifin in a research report on Monday, June 8th. Nineteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,044.52.

Parker-Hannifin Stock Up 7.5%

Shares of NYSE:PH opened at $1,071.30 on Friday. The company’s fifty day moving average is $945.98 and its two-hundred day moving average is $940.22. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. Parker-Hannifin has a 1-year low of $708.18 and a 1-year high of $1,099.94. The stock has a market capitalization of $135.08 billion, a price-to-earnings ratio of 39.52, a price-to-earnings-growth ratio of 2.67 and a beta of 1.12.

Parker-Hannifin (NYSE:PH) last released its quarterly earnings data on Thursday, August 6th. The industrial products company reported $9.27 earnings per share for the quarter, topping the consensus estimate of $8.26 by $1.01. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The firm had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.57 billion. During the same quarter in the prior year, the business earned $7.69 earnings per share. Parker-Hannifin’s quarterly revenue was up 9.8% on a year-over-year basis. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Equities analysts anticipate that Parker-Hannifin will post 31.25 EPS for the current year.

Hedge Funds Weigh In On Parker-Hannifin

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Texas Capital Bancshares Inc TX acquired a new stake in shares of Parker-Hannifin in the third quarter valued at $25,000. HFM Investment Advisors LLC grew its holdings in Parker-Hannifin by 1,000.0% during the fourth quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 30 shares during the period. Lloyd Advisory Services LLC. bought a new stake in Parker-Hannifin in the fourth quarter worth about $31,000. NFSG Corp raised its position in Parker-Hannifin by 94.4% in the first quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 17 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC lifted its holdings in Parker-Hannifin by 80.0% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 16 shares during the last quarter. 82.44% of the stock is owned by institutional investors.

More Parker-Hannifin News

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

• Positive Sentiment: Fiscal fourth-quarter sales rose 9.8% year over year to approximately $5.8 billion, while adjusted EPS increased 21% to a record $9.27. Both figures exceeded Wall Street expectations of roughly $5.57 billion in revenue and $8.26-$8.29 in EPS. Parker Reports Record Fiscal 2026 Fourth Quarter and Full Year Results
• Positive Sentiment: Management guided to fiscal 2027 adjusted EPS of $34.25-$35.25, above the approximately $34.09 consensus estimate, with reported and organic sales growth expected at 5.5%-8.5%. The outlook points to another record year, excluding the pending Filtration Group and CIRCOR aerospace transactions.
• Positive Sentiment: Operating momentum remained broad-based: total backlog reached a record $12.8 billion, including an $8.5 billion aerospace backlog, while order rates increased across major segments. Parker also raised its long-term adjusted segment operating-margin target by 300 basis points to 30% by fiscal 2031 after surpassing its prior target ahead of schedule. Parker-Hannifin’s Earnings Call Signals Strong Growth Path
• Positive Sentiment: Full-year results also showed record $21.5 billion revenue, $32.31 adjusted EPS and $4.4 billion in operating cash flow. The company completed the Curtis Instruments acquisition, announced additional aerospace and filtration deals, and raised its dividend 11%, extending its streak of annual increases to 70 years.
• Neutral Sentiment: Parker-Hannifin’s valuation is elevated after the rally, with a price-to-earnings ratio near 40. Analysts’ median price target of $1,060 is close to the current trading range, although some targets reach as high as $1,269.
• Negative Sentiment: Reported fiscal 2027 revenue guidance of $20.9 billion-$21.5 billion was below one published consensus estimate of $22.7 billion, creating a potential concern despite the stronger EPS outlook.
• Negative Sentiment: Recent insider activity showed sales by senior executives, with no reported insider purchases over the prior six months. Such transactions may reflect compensation or portfolio decisions, but they can temper bullish sentiment.

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.