Parker-Hannifin (NYSE:PH – Get Free Report) is expected to be releasing its Q4 2026 results before the market opens on Thursday, August 6th. Analysts expect Parker-Hannifin to announce earnings of $8.27 per share and revenue of $5.5737 billion for the quarter. Investors may visit the the company’s upcoming Q4 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.
Parker-Hannifin Stock Down 1.5%
Shares of PH stock traded down $14.65 during trading hours on Tuesday, hitting $982.87. 65,253 shares of the company were exchanged, compared to its average volume of 708,934. 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 has a one year low of $692.02 and a one year high of $1,034.96. The business’s 50-day simple moving average is $936.32 and its two-hundred day simple moving average is $938.56. The stock has a market capitalization of $123.93 billion, a price-to-earnings ratio of 36.30, a P/E/G ratio of 2.61 and a beta of 1.12.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. Stifel Nicolaus upped their price objective on Parker-Hannifin from $965.00 to $1,000.00 and gave the company a “hold” rating in a research note on Friday, April 10th. Citigroup reiterated a “buy” rating on shares of Parker-Hannifin in a research report on Monday, June 8th. Evercore set a $1,064.00 price target on Parker-Hannifin in a research report on Monday, May 11th. Sanford C. Bernstein restated an “outperform” rating and set a $1,037.00 price objective on shares of Parker-Hannifin in a research note on Thursday, July 16th. Finally, Wells Fargo & Company decreased their price objective on shares of Parker-Hannifin from $980.00 to $950.00 and set an “overweight” rating for the company in a report on Tuesday, May 26th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,027.38.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Texas Capital Bancshares Inc TX bought a new position in shares of Parker-Hannifin during the third quarter worth about $25,000. Morse Asset Management Inc lifted its position in Parker-Hannifin by 164.7% in the 3rd quarter. Morse Asset Management Inc now owns 45 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 28 shares during the last quarter. Johnson Financial Group Inc. boosted its stake in Parker-Hannifin by 84.6% during the 3rd quarter. Johnson Financial Group Inc. now owns 48 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 22 shares during the period. State of Wyoming acquired a new position in Parker-Hannifin during the 2nd quarter valued at about $38,000. Finally, Strive Asset Management LLC bought a new position in Parker-Hannifin in the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 82.44% of the company’s stock.
Parker-Hannifin Company Profile
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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