Parker-Hannifin (NYSE:PH) Releases Earnings Results, Beats Expectations By $0.33 EPS

Parker-Hannifin (NYSE:PH) issued its quarterly earnings results on Thursday. The industrial products company reported $8.17 EPS for the quarter, beating analysts’ consensus estimates of $7.84 by $0.33, FiscalAI reports. Parker-Hannifin had a return on equity of 27.56% and a net margin of 17.29%.The company had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.40 billion. During the same period last year, the business posted $6.94 earnings per share. Parker-Hannifin’s revenue was up 10.6% on a year-over-year basis. Parker-Hannifin updated its FY 2026 guidance to 31.200-31.200 EPS.

Here are the key takeaways from Parker-Hannifin’s conference call:

• Parker delivered a record Q3 with $5.5 billion in sales, 6.5% organic growth, 26.7% adjusted segment operating margin, adjusted EPS of $8.17 (up 18%), and adjusted net income above $1 billion.
• Management raised FY‑2026 guidance — organic growth midpoint to 5.5%, aerospace organic to 12%, full‑year adjusted EPS to $31.20, adjusted segment operating margin to 27.2%, and free cash flow to $3.3–$3.6 billion.
• Orders remained strong at +9% with a record company backlog of $12.5 billion (aerospace backlog $8.4 billion), while industrial orders have been positive for six consecutive quarters, supporting sustained demand.
• The Filtration Group acquisition is progressing with integration planning underway and a targeted $220 million of synergies by year 3, but closing is subject to regulatory approvals and will modestly increase leverage until de‑levering occurs.
• Cash generation and capital returns remain robust — YTD operating cash flow of $2.6 billion, YTD free cash flow of $2.3 billion, an 11% dividend increase to $2.00 per quarter, and $825 million of share repurchases YTD.

Parker-Hannifin Stock Performance

Shares of Parker-Hannifin stock traded down $27.69 during trading hours on Friday, reaching $881.74. The company had a trading volume of 1,607,870 shares, compared to its average volume of 728,091. Parker-Hannifin has a one year low of $608.31 and a one year high of $1,034.96. The business has a fifty day simple moving average of $948.12 and a 200 day simple moving average of $900.79. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.18 and a quick ratio of 0.66. The firm has a market cap of $111.29 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 3.05 and a beta of 1.25.

Parker-Hannifin Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be issued a $2.00 dividend. 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. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.9%. Parker-Hannifin’s dividend payout ratio is 26.26%.

Parker-Hannifin News Summary

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

Insider Transactions at Parker-Hannifin

In other news, VP Dinu J. Parel sold 1,316 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $950.05, for a total value of $1,250,265.80. Following the completion of the transaction, the vice president directly owned 6,534 shares of the company’s stock, valued at $6,207,626.70. This trade represents a 16.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Andrew D. Ross sold 4,664 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $999.00, for a total value of $4,659,336.00. Following the completion of 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 10,063 shares of company stock valued at $9,891,214. 0.32% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Parker-Hannifin

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sivia Capital Partners LLC raised its position in Parker-Hannifin by 3.6% during the second quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company’s stock valued at $300,000 after purchasing an additional 15 shares in the last quarter. Bison Wealth LLC increased its holdings in shares of Parker-Hannifin by 4.5% in the fourth quarter. Bison Wealth LLC now owns 749 shares of the industrial products company’s stock worth $476,000 after buying an additional 32 shares during the period. Brighton Jones LLC increased its holdings in shares of Parker-Hannifin by 5.9% in the fourth quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company’s stock worth $1,150,000 after buying an additional 101 shares during the period. Acumen Wealth Advisors LLC purchased a new position in shares of Parker-Hannifin in the fourth quarter worth about $114,000. Finally, Rossby Financial LCC increased its holdings in shares of Parker-Hannifin by 28.6% in the fourth quarter. Rossby Financial LCC now owns 63 shares of the industrial products company’s stock worth $55,000 after buying an additional 14 shares during the period. Hedge funds and other institutional investors own 82.44% of the company’s stock.

Wall Street Analysts Forecast Growth

PH has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on Parker-Hannifin from $1,083.00 to $1,100.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Jefferies Financial Group increased their price objective on Parker-Hannifin from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, January 30th. Wall Street Zen raised Parker-Hannifin from a “hold” rating to a “buy” rating in a report on Wednesday, February 4th. Mizuho set a $1,050.00 price objective on Parker-Hannifin in a report on Friday. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Parker-Hannifin in a report on Thursday, January 29th. Seventeen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,012.45.

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.