Parker-Hannifin (NYSE:PH) Releases FY 2027 Earnings Guidance

Key Points

• Parker-Hannifin raised its FY 2027 outlook, guiding to adjusted EPS of $36.45–$37.25 and revenue of $24.9–$25.6 billion, both above analyst consensus.
• Fiscal first-quarter results topped estimates: EPS was $8.90 versus $8.21 expected, while revenue rose 17.9% year over year to $5.99 billion. The company also reported stronger demand and a record backlog.
• Shares fell $16.95 to $893.24 on Thursday despite the earnings beat and higher guidance.

Parker-Hannifin (NYSE:PH - Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 36.450-37.250 for the period, compared to the consensus EPS estimate of 35.610. The company issued revenue guidance of $24.9 billion-$25.6 billion, compared to the consensus revenue estimate of $24.8 billion.

Parker-Hannifin Stock Performance

Shares of Parker-Hannifin stock traded down $16.95 on Thursday, reaching $893.24. 1,776,103 shares of the company were exchanged, compared to its average volume of 695,911. The firm has a market cap of $112.65 billion, a price-to-earnings ratio of 31.35, a P/E/G ratio of 2.63 and a beta of 1.15. Parker-Hannifin has a 1-year low of $806.22 and a 1-year high of $1,099.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.26. The company's 50-day moving average is $951.20 and its two-hundred day moving average is $949.56.

Parker-Hannifin (NYSE:PH - Get Free Report) last issued its earnings results on Thursday, November 5th. The industrial products company reported $8.90 earnings per share for the quarter, topping the consensus estimate of $8.21 by $0.69. The firm had revenue of $5.99 billion for the quarter, compared to analyst estimates of $5.81 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%. The firm's revenue for the quarter was up 17.9% on a year-over-year basis. During the same period last year, the company earned $7.22 earnings per share. Parker-Hannifin has set its FY 2027 guidance at 36.450-37.250 EPS. As a group, research analysts expect that Parker-Hannifin will post 35.72 earnings per share for the current fiscal year.

Parker-Hannifin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, November 13th. Parker-Hannifin's dividend payout ratio (DPR) is 28.08%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on PH shares. KeyCorp boosted their target price on shares of Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. UBS Group set a $950.00 price target on shares of Parker-Hannifin in a research note on Wednesday, October 14th. Robert W. Baird lifted their price target on Parker-Hannifin from $1,050.00 to $1,275.00 in a report on Friday, August 7th. Jefferies Financial Group boosted their price objective on Parker-Hannifin from $1,100.00 to $1,275.00 in a research report on Friday, August 7th. Finally, Citigroup increased their price objective on Parker-Hannifin from $1,232.00 to $1,234.00 and gave the stock a "buy" rating in a report on Monday, October 12th. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Parker-Hannifin has a consensus rating of "Moderate Buy" and an average target price of $1,146.35.

Insider Activity at Parker-Hannifin

In related news, VP Berend Bracht sold 602 shares of the firm's stock in a transaction that occurred 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 transaction, the vice president owned 4,399 shares of the company's stock, valued at approximately $4,577,027.53. This trade represents a 12.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.35% of the company's stock.

Parker-Hannifin News Roundup

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

• Positive Sentiment: Adjusted earnings of $8.90 per share topped estimates, while sales rose 18% year over year to a record $6.0 billion. Organic sales increased 11.5%, and adjusted segment margin reached a record 28.6%. Company results and outlook
• Positive Sentiment: PH raised fiscal 2027 adjusted EPS guidance to $36.45–$37.25, above the $35.61 consensus, and revenue guidance to $24.9–$25.6 billion, versus the $24.8 billion consensus. The company also cited stronger demand across market verticals and record backlog. Earnings, orders and outlook
• Neutral Sentiment: Despite the earnings beat and upbeat outlook, shares reversed from an early rally and faced selling pressure during the session, indicating investors may be reassessing the results or taking profits. Share-price reversal report
• Negative Sentiment: A separate report flagged rising debt alongside the stronger earnings and outlook, which could be a concern for investors, although the provided details do not quantify the increase. Debt and earnings report

Parker-Hannifin Company Profile

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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