Parker-Hannifin (NYSE:PH) Stock Price Expected to Rise, Susquehanna Analyst Says

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

PH has been the topic of several other reports. Mizuho set a $1,050.00 price objective on shares of Parker-Hannifin in a research report on Friday, May 1st. Wells Fargo & Company decreased their target price 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. JPMorgan Chase & Co. lowered their price target on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Wall Street Zen downgraded Parker-Hannifin from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Finally, UBS Group reaffirmed a “buy” rating on shares of Parker-Hannifin in a research note on Friday. Nineteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,044.52.

Parker-Hannifin Price Performance

Shares of NYSE:PH opened at $1,071.30 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.66 and a current ratio of 1.13. The company has a market capitalization of $135.08 billion, a PE ratio of 39.52, a price-to-earnings-growth ratio of 2.67 and a beta of 1.12. The stock has a fifty day moving average of $945.98 and a 200-day moving average of $940.22. Parker-Hannifin has a one year low of $708.18 and a one year high of $1,099.94.

Parker-Hannifin (NYSE:PH) last announced its earnings results on Thursday, August 6th. The industrial products company reported $9.27 EPS for the quarter, beating the consensus estimate of $8.26 by $1.01. The business had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.57 billion. Parker-Hannifin had a return on equity of 27.97% and a net margin of 16.58%.Parker-Hannifin’s revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the business posted $7.69 earnings per share. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. As a group, equities analysts anticipate that Parker-Hannifin will post 31.25 EPS for the current fiscal year.

Institutional Trading of Parker-Hannifin

A number of institutional investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Parker-Hannifin during the 2nd quarter worth $305,628,000. OneDigital Investment Advisors LLC acquired a new stake in shares of Parker-Hannifin in the 2nd quarter valued at $1,140,000. Plato Investment Management Ltd bought a new stake in Parker-Hannifin in the second quarter worth $3,476,000. Bell Investment Advisors Inc acquired a new position in Parker-Hannifin during the second quarter worth $35,000. Finally, AMG National Trust Bank acquired a new position in Parker-Hannifin during the second quarter worth $206,000. 82.44% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Parker-Hannifin

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.