Parker-Hannifin (NYSE:PH) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Parker-Hannifin from “hold” to “buy.” The broader analyst consensus is “Moderate Buy,” with 18 buy ratings, four holds and an average price target of $1,091.38.
• Parker-Hannifin reported strong quarterly results, including $9.27 in EPS and $5.75 billion in revenue, both above expectations. Revenue increased 9.8% year over year, while EPS rose from $7.69 in the prior-year quarter.
• Management projected fiscal 2027 adjusted EPS of $34.25–$35.25, above analyst consensus, though revenue guidance trails expectations. Shares trade near their 52-week high, and institutional investors own 82.44% of the company.

Parker-Hannifin (NYSE:PH - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday.

A number of other research firms have also commented on PH. JPMorgan Chase & Co. cut their price target on Parker-Hannifin from $1,100.00 to $1,060.00 and set an "overweight" rating for the company in a report on Thursday, May 7th. Truist Financial increased their price objective on Parker-Hannifin from $1,269.00 to $1,358.00 and gave the stock a "buy" rating in a report on Friday. BNP Paribas Exane restated an "outperform" rating and issued a $1,220.00 target price (up from $1,090.00) on shares of Parker-Hannifin in a research note on Friday. Wells Fargo & Company decreased their price target on Parker-Hannifin from $980.00 to $950.00 and set an "overweight" rating on the stock in a research report on Tuesday, May 26th. Finally, KeyCorp raised their price objective on shares of Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an "overweight" rating in a research report on Friday. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $1,091.38.

Parker-Hannifin Stock Performance

Shares of PH opened at $1,076.12 on Friday. Parker-Hannifin has a 1 year low of $715.37 and a 1 year high of $1,099.94. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.26 and a quick ratio of 0.66. The stock's fifty day moving average price is $950.62 and its two-hundred day moving average price is $941.17. The firm has a market cap of $135.69 billion, a PE ratio of 37.77, a PEG ratio of 2.86 and a beta of 1.12.

Parker-Hannifin (NYSE:PH - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share for the quarter, topping the consensus estimate of $8.29 by $0.98. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The company had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.57 billion. During the same quarter in the prior year, the company earned $7.69 EPS. The firm's quarterly revenue was up 9.8% compared to the same quarter last year. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, equities research analysts forecast that Parker-Hannifin will post 34 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Alpine Woods Capital Investors LLC purchased a new position in shares of Parker-Hannifin in the 2nd quarter worth about $270,000. Meeder Advisory Services Inc. purchased a new position in shares of Parker-Hannifin during the 2nd quarter valued at about $6,030,000. Meeder Asset Management Inc. bought a new stake in Parker-Hannifin in the 2nd quarter worth approximately $50,000. Tiemann Investment Advisors LLC bought a new stake in Parker-Hannifin in the 2nd quarter worth approximately $421,000. Finally, Citizens Financial Group Inc. RI purchased a new stake in Parker-Hannifin in the second quarter worth approximately $33,564,000. Institutional investors own 82.44% of the company's stock.

Parker-Hannifin News Roundup

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

• Positive Sentiment: Record earnings beat expectations: Fourth-quarter sales rose 9.8% year over year to $5.8 billion, while adjusted EPS climbed 21% to a record $9.27, well above the roughly $8.26–$8.29 consensus. Full-year sales reached a record $21.5 billion and adjusted EPS rose 18% to $32.31. Parker Reports Record Fiscal 2026 Fourth Quarter and Full Year Results
• Positive Sentiment: Strong operating momentum: Parker reported broad-based aerospace and industrial growth, record total backlog of $12.8 billion—including an $8.5 billion aerospace backlog—and improved margins. Management also raised its long-term adjusted segment operating-margin target by 300 basis points to 30% by fiscal 2031.
• Positive Sentiment: Fiscal 2027 outlook supports continued growth: Adjusted EPS guidance of $34.25 to $35.25 is above consensus of $34.09, with reported and organic sales growth expected at 5.5% to 8.5%, excluding the pending Filtration Group and CIRCOR aerospace transactions.
• Positive Sentiment: Analysts raised targets: Citigroup lifted its target to $1,232 and upgraded PH to “buy”; BNP Paribas Exane raised its target to $1,220 while reaffirming “outperform”; Truist increased its target to $1,358 with a “buy” rating; and Susquehanna raised its target to $1,250 with a “positive” rating. The revisions imply roughly 13% to 26% potential upside from the referenced price. Analyst price-target updates
• Neutral Sentiment: Valuation and positioning warrant monitoring: PH trades near its 52-week high at a premium earnings multiple. Institutional activity was mixed, with some large investors reducing holdings while BlackRock and Morgan Stanley added shares.
• Negative Sentiment: Revenue guidance is below consensus: Fiscal 2027 revenue guidance of $20.9 billion to $21.5 billion trails the $22.7 billion consensus estimate, although the company said the outlook excludes pending acquisitions. Reported insider activity was also entirely selling over the past six months, which could create a modest sentiment headwind.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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