JPMorgan Chase & Co. Issues Pessimistic Forecast for Parker-Hannifin (NYSE:PH) Stock Price

Key Points

• JPMorgan trimmed its price target for Parker‑Hannifin from $1,100 to $1,060 while maintaining an overweight rating, implying about a 19.5% upside from the current stock price.
• Analyst sentiment remains largely positive with 17 Buy and 4 Hold ratings and a consensus price target of $1,010.45, though individual targets vary widely (e.g., Citi $1,141, Wells Fargo $980).
• Parker‑Hannifin recently beat Q results (EPS $8.17 vs. $7.84 est., revenue $5.49B vs. $5.40B), set FY2026 EPS guidance ~31.2, yet the stock traded around $887 and company insiders (COO/CFO) disclosed notable share sales.

Parker-Hannifin (NYSE:PH - Get Free Report) had its price target decreased by equities researchers at JPMorgan Chase & Co. from $1,100.00 to $1,060.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an "overweight" rating on the industrial products company's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 19.50% from the company's current price.

Other analysts have also issued research reports about the stock. Wall Street Zen upgraded shares of Parker-Hannifin from a "hold" rating to a "buy" rating in a research note on Wednesday, February 4th. Weiss Ratings restated a "buy (b)" rating on shares of Parker-Hannifin in a research report on Tuesday, April 21st. BMO Capital Markets began coverage on shares of Parker-Hannifin in a research report on Friday, March 27th. They set an "outperform" rating and a $1,090.00 price target on the stock. Wells Fargo & Company dropped their price target on shares of Parker-Hannifin from $1,050.00 to $980.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 1st. Finally, Citigroup raised their price target on shares of Parker-Hannifin from $1,137.00 to $1,141.00 and gave the company a "buy" rating in a research report on Friday, May 1st. Seventeen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $1,010.45.

Parker-Hannifin Stock Performance

PH stock traded down $15.65 during midday trading on Thursday, reaching $887.01. The stock had a trading volume of 751,977 shares, compared to its average volume of 731,920. The stock has a market cap of $111.96 billion, a PE ratio of 32.72, a P/E/G ratio of 2.80 and a beta of 1.18. 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 firm has a fifty day simple moving average of $943.01 and a two-hundred day simple moving average of $905.37. Parker-Hannifin has a 52-week low of $628.23 and a 52-week high of $1,034.96.

Parker-Hannifin (NYSE:PH - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 earnings per share for the quarter, topping analysts' consensus estimates of $7.84 by $0.33. The firm had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.40 billion. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The business's quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.94 earnings per share. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. As a group, equities research analysts anticipate that Parker-Hannifin will post 31.1 EPS for the current year.

Insider Activity

In other news, COO Andrew D. Ross sold 4,664 shares of Parker-Hannifin stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $999.00, for a total value of $4,659,336.00. Following the sale, the chief operating officer owned 13,120 shares in the company, valued at $13,106,880. This trade represents a 26.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Todd M. Leombruno sold 2,062 shares of Parker-Hannifin stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $1,002.34, for a total transaction of $2,066,825.08. Following the completion of the sale, the chief financial officer owned 20,610 shares in the company, valued at approximately $20,658,227.40. This trade represents a 9.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.32% of the stock is owned by company insiders.

Hedge Funds Weigh In On Parker-Hannifin

Several hedge funds and other institutional investors have recently modified their holdings of PH. Vanguard Group Inc. raised its stake in Parker-Hannifin by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 11,142,535 shares of the industrial products company's stock worth $9,793,843,000 after purchasing an additional 33,606 shares during the period. Procyon Advisors LLC raised its stake in Parker-Hannifin by 158,565.9% during the third quarter. Procyon Advisors LLC now owns 5,069,374 shares of the industrial products company's stock worth $3,843,346,000 after purchasing an additional 5,066,179 shares during the period. Bank of America Corp DE raised its stake in Parker-Hannifin by 0.6% during the fourth quarter. Bank of America Corp DE now owns 3,926,896 shares of the industrial products company's stock worth $3,451,584,000 after purchasing an additional 22,305 shares during the period. Capital World Investors raised its stake in Parker-Hannifin by 0.6% during the fourth quarter. Capital World Investors now owns 2,600,844 shares of the industrial products company's stock worth $2,286,038,000 after purchasing an additional 16,703 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in Parker-Hannifin by 0.6% during the third quarter. Ameriprise Financial Inc. now owns 2,207,996 shares of the industrial products company's stock worth $1,674,132,000 after purchasing an additional 13,309 shares during the period. 82.44% of the stock is owned by hedge funds and other institutional investors.

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.

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