Parker-Hannifin Corporation (NYSE:PH) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Twenty-one analysts assign a consensus rating of Moderate Buy on Parker‑Hannifin, with an average 12‑month price target of $1,012.45.
• The company beat Q3 estimates (EPS $8.17; revenue $5.49B), raised FY‑2026 adjusted EPS guidance to 31.20, reported a record $12.5B backlog, and returned capital via ~ $275M buybacks and a quarterly dividend increase to $2.00.
• Despite the beat, shares fell on a “sell‑the‑news” reaction and investor caution is heightened by recent insider selling (about 10,063 shares worth ~$9.9M over 90 days) and mixed institutional flows.

Shares of Parker-Hannifin Corporation (NYSE:PH - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the twenty-one ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $1,012.45.

PH has been the topic of several recent research reports. KeyCorp reaffirmed an "overweight" rating and set a $1,100.00 target price on shares of Parker-Hannifin in a research report on Friday, January 30th. Jefferies Financial Group boosted their price target on Parker-Hannifin from $1,050.00 to $1,100.00 and gave the stock a "buy" rating in a research report on Friday, January 30th. Weiss Ratings restated a "buy (b)" rating on shares of Parker-Hannifin in a research note on Tuesday, April 21st. Citigroup lifted their target price on Parker-Hannifin from $1,137.00 to $1,141.00 and gave the company a "buy" rating in a research note on Friday. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Parker-Hannifin in a report on Thursday, January 29th.

Parker-Hannifin Trading Down 3.0%

NYSE:PH opened at $881.74 on Friday. The firm has a 50-day simple moving average of $948.12 and a 200-day simple moving average of $901.99. Parker-Hannifin has a one year low of $608.31 and a one year high of $1,034.96. The firm has a market cap of $111.29 billion, a P/E ratio of 32.52, a P/E/G ratio of 2.84 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.

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 (EPS) for the quarter, beating analysts' consensus estimates of $7.84 by $0.33. The firm had revenue of $5.49 billion for the quarter, compared to the consensus estimate of $5.40 billion. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company's quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the firm earned $6.94 earnings per share. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Equities analysts anticipate that Parker-Hannifin will post 31.09 EPS for the current fiscal year.

Parker-Hannifin Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be given 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, May 8th. This is an increase from Parker-Hannifin's previous quarterly dividend of $1.80. Parker-Hannifin's payout ratio is presently 26.26%.

Insider Activity

In related news, CFO Todd M. Leombruno sold 2,062 shares of the stock in a transaction that occurred on 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 of the company's stock, valued at $20,658,227.40. This represents a 9.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Dinu J. Parel sold 1,316 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $950.05, for a total transaction of $1,250,265.80. Following the completion of the sale, the vice president owned 6,534 shares of the company's stock, valued at approximately $6,207,626.70. This trade represents a 16.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,063 shares of company stock worth $9,891,214 over the last 90 days. 0.32% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PH. Texas Capital Bancshares Inc TX acquired a new stake in Parker-Hannifin in the third quarter worth about $25,000. Chilton Capital Management LLC acquired a new position in shares of Parker-Hannifin during the third quarter valued at about $29,000. HFM Investment Advisors LLC increased its holdings in shares of 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 valued at $29,000 after acquiring an additional 30 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Parker-Hannifin in the 4th quarter valued at approximately $31,000. Finally, Ameriflex Group Inc. boosted its stake in Parker-Hannifin by 366.7% in the 3rd quarter. Ameriflex Group Inc. now owns 42 shares of the industrial products company's stock worth $32,000 after purchasing an additional 33 shares in the last quarter. 82.44% of the stock is owned by institutional investors and hedge funds.

Key Parker-Hannifin News

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

• Positive Sentiment: Q3 beat and raised outlook — Adjusted EPS of $8.17 (+18% YoY) and record quarterly revenue (~$5.5B). Management lifted FY‑2026 adjusted EPS guidance to $31.20, signaling continued demand and execution. Parker Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Record backlog and aerospace strength — Backlog hit $12.5B and aerospace organic growth/expanding margins were highlighted as the primary tailwinds supporting near‑term revenue visibility. Parker Hannifin Backlog Hits Record $12.5 Billion, Lifts Outlook
• Positive Sentiment: Cash generation & buybacks/dividend — Year‑to‑date operating cash flow remains strong (record), the company repurchased ~$275M in the quarter and raised its dividend (70th consecutive hike), supporting shareholder returns. Parker Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Analyst coverage remains constructive — Multiple buy/overweight ratings and a median price target around $1,038 suggest upside among sell‑side analysts, which can limit downside but also set high expectations. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Neutral Sentiment: Institutional flows mixed — Large asset managers trimmed positions while other funds added; this rebalancing increases intra‑day volume and can amplify moves without signaling a clear directional consensus. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Negative Sentiment: Sell‑the‑news reaction — Despite beats, shares fell after the print as investors digested that the raise wasn’t a major upside surprise and that GAAP net income/EPS fell vs. prior year (prior quarter included a discrete tax benefit). Parker-Hannifin shares slide as investors digest Q3 results and a raised—but not blowout—full-year outlook
• Negative Sentiment: Heavy insider selling — Public filings show no insider purchases and numerous sales by senior executives in recent months; that can spook momentum traders even if sales may be for diversification or tax planning. Parker-Hannifin Stock (PH) Opinions on Q3 Earnings Beat
• Negative Sentiment: Guidance details mixed — Adjusted EPS guidance slightly above consensus but revenue guidance (~$21.2B) was roughly in line or slightly below some street models; not a clear upward re‑rating catalyst. Parker-Hannifin Tops Q3 Earnings & Sales Estimates, Updates 26' View

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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