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

Parker-Hannifin (NYSE:PH) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 34.250-35.250 for the period, compared to the consensus earnings per share estimate of 34.090. The company issued revenue guidance of $20.9 billion-$21.5 billion, compared to the consensus revenue estimate of $22.7 billion.

Analyst Ratings Changes

Several research firms have weighed in on PH. BMO Capital Markets reissued an “outperform” rating and issued a $1,214.00 price target on shares of Parker-Hannifin in a report on Friday. Sanford C. Bernstein restated an “outperform” rating and set a $1,037.00 price objective on shares of Parker-Hannifin in a report on Thursday, July 16th. Evercore set a $1,064.00 target price on Parker-Hannifin in a research report on Monday, May 11th. Susquehanna lifted their price target on Parker-Hannifin from $1,100.00 to $1,250.00 and gave the stock a “positive” rating in a report on Friday. Finally, JPMorgan Chase & Co. reduced their price target on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Parker-Hannifin presently has an average rating of “Moderate Buy” and a consensus price target of $1,091.38.

Parker-Hannifin Price Performance

NYSE:PH traded up $6.32 during trading hours on Friday, reaching $1,076.12. 823,537 shares of the company were exchanged, compared to its average volume of 645,440. The business has a 50 day moving average of $950.62 and a 200 day moving average of $941.17. 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 company has a market capitalization of $135.68 billion, a P/E ratio of 37.77, a P/E/G ratio of 2.86 and a beta of 1.12.

Parker-Hannifin (NYSE:PH) last issued its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share for the quarter, topping analysts’ consensus estimates of $8.29 by $0.98. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. 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 firm posted $7.69 EPS. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Research analysts forecast that Parker-Hannifin will post 34 EPS for the current year.

Parker-Hannifin News Summary

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.

Institutional Trading of Parker-Hannifin

A number of institutional investors and hedge funds have recently bought and sold shares of PH. Freestone Grove Partners LP purchased a new stake in shares of Parker-Hannifin during the 3rd quarter worth approximately $86,046,000. Amundi boosted its position in Parker-Hannifin by 31.6% during the fourth quarter. Amundi now owns 458,097 shares of the industrial products company’s stock worth $402,649,000 after purchasing an additional 110,118 shares during the period. Alliancebernstein L.P. increased its stake in shares of Parker-Hannifin by 22.9% in the second quarter. Alliancebernstein L.P. now owns 459,326 shares of the industrial products company’s stock worth $320,825,000 after purchasing an additional 85,445 shares in the last quarter. Marshall Wace LLP grew its stake in Parker-Hannifin by 21,989.0% in the 4th quarter. Marshall Wace LLP now owns 84,601 shares of the industrial products company’s stock valued at $74,361,000 after buying an additional 84,218 shares in the last quarter. Finally, Cartenna Capital LP bought a new stake in shares of Parker-Hannifin during the 4th quarter valued at $61,527,000. 82.44% of the stock is currently owned by institutional investors and hedge funds.

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.