Parker-Hannifin Corporation (NYSE:PH) Receives $946.17 Consensus PT from Brokerages

Parker-Hannifin Corporation (NYSE:PH) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-one brokerages that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and seventeen have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $954.4737.

A number of equities analysts have issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Parker-Hannifin in a report on Thursday. Barclays boosted their price target on shares of Parker-Hannifin from $950.00 to $990.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. BNP Paribas Exane began coverage on shares of Parker-Hannifin in a research note on Thursday, December 4th. They issued an “outperform” rating and a $1,020.00 price objective for the company. Citigroup reissued a “buy” rating on shares of Parker-Hannifin in a research report on Monday, January 12th. Finally, Argus restated a “buy” rating and issued a $900.00 target price on shares of Parker-Hannifin in a research note on Monday, November 10th.

Insider Activity

In other news, COO Andrew D. Ross sold 2,488 shares of Parker-Hannifin stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $894.81, for a total transaction of $2,226,287.28. Following the sale, the chief operating officer directly owned 13,120 shares in the company, valued at $11,739,907.20. The trade was a 15.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Berend Bracht sold 3,507 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $864.58, for a total transaction of $3,032,082.06. Following the completion of the transaction, the vice president directly owned 2,580 shares in the company, valued at $2,230,616.40. This trade represents a 57.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 7,432 shares of company stock valued at $6,484,116 in the last ninety days. 0.32% of the stock is currently owned by insiders.

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 business. Quadrant Capital Group LLC increased its position in shares of Parker-Hannifin by 20.1% during the 2nd quarter. Quadrant Capital Group LLC now owns 3,610 shares of the industrial products company’s stock valued at $2,521,000 after purchasing an additional 604 shares during the last quarter. Procyon Advisors LLC lifted its position in Parker-Hannifin by 158,565.9% in the 3rd quarter. Procyon Advisors LLC now owns 5,069,374 shares of the industrial products company’s stock worth $3,843,346,000 after buying an additional 5,066,179 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Parker-Hannifin in the second quarter worth approximately $733,000. Pacific Heights Asset Management LLC grew its position in Parker-Hannifin by 3.2% during the third quarter. Pacific Heights Asset Management LLC now owns 65,000 shares of the industrial products company’s stock valued at $49,280,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Parker-Hannifin by 0.9% during the second quarter. Vanguard Group Inc. now owns 11,125,240 shares of the industrial products company’s stock worth $7,770,646,000 after acquiring an additional 101,476 shares in the last quarter. Institutional investors own 82.44% of the company’s stock.

Parker-Hannifin Stock Performance

Shares of PH opened at $949.49 on Friday. The firm has a market capitalization of $119.82 billion, a P/E ratio of 33.83, a P/E/G ratio of 3.19 and a beta of 1.25. Parker-Hannifin has a 52 week low of $488.45 and a 52 week high of $965.00. The stock has a 50 day moving average price of $895.47 and a two-hundred day moving average price of $804.72. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.61 and a current ratio of 1.07.

Parker-Hannifin (NYSE:PH) last announced its earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.11 by $0.54. The company had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $5.07 billion. Parker-Hannifin had a return on equity of 27.23% and a net margin of 18.17%. Equities analysts forecast that Parker-Hannifin will post 26.71 earnings per share for the current fiscal year.

Parker-Hannifin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Friday, February 6th will be paid a $1.80 dividend. This represents a $7.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, February 6th. Parker-Hannifin’s dividend payout ratio is 25.65%.

Key Stories Impacting Parker-Hannifin

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

• Positive Sentiment: Q2 results beat expectations — revenue of ~$5.17B, adjusted EPS of $7.65 (beat estimates), record sales and organic sales growth (~6.6%), and margin expansion. These driven fundamentals are the main catalyst behind today’s share strength. Parker Reports Fiscal 2026 Second Quarter Results
• Positive Sentiment: Company raised its annual profit outlook citing stronger aerospace parts demand and momentum across businesses, which supports higher forward earnings expectations. Parker-Hannifin raises annual profit forecast on aerospace parts demand
• Neutral Sentiment: Analyst activity: Stifel raised its price target to $941, providing price-target support, but kept a Hold rating — a mixed signal for investors weighing upside vs. valuation. Stifel Revises Parker-Hannifin (PH) Outlook in Diversified Industrials Review
• Neutral Sentiment: Company materials and transcripts (earnings release, slide deck, call transcripts) are now available — useful for investors who want details on segment trends, buyback/dividend plans, and free cash flow assumptions. View Press Release (slide deck)
• Negative Sentiment: On a GAAP basis net income and EPS were down versus last year because the prior-year quarter included a one-time after‑tax divestiture gain — a reminder to focus on adjusted results and the sustainability of margin gains. Parker Reports Fiscal 2026 Second Quarter Results

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.