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

A number of research firms have recently weighed in on PH. Citigroup restated a “buy” rating on shares of Parker-Hannifin in a report on Monday, June 8th. Evercore set a $1,064.00 target price on shares of Parker-Hannifin in a research note on Monday, May 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Parker-Hannifin in a report on Friday, July 17th. BMO Capital Markets reiterated an “outperform” rating and set a $1,214.00 price objective on shares of Parker-Hannifin in a report on Friday. Finally, KeyCorp boosted their target price on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the stock an “overweight” rating in a research note on Friday. Nineteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,066.95.

Parker-Hannifin Stock Performance

Shares of Parker-Hannifin stock traded up $9.98 on Friday, reaching $1,079.79. 196,563 shares of the stock were exchanged, compared to its average volume of 719,969. The business has a 50 day moving average price of $945.98 and a two-hundred day moving average price of $940.22. The firm has a market capitalization of $136.15 billion, a price-to-earnings ratio of 39.85, a PEG ratio of 2.67 and a beta of 1.12. Parker-Hannifin has a twelve month low of $715.37 and a twelve month high of $1,099.94. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46.

Parker-Hannifin (NYSE:PH) last posted its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.26 by $1.01. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.57 billion. Parker-Hannifin’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period last year, the firm posted $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. Analysts anticipate that Parker-Hannifin will post 31.25 earnings per share for the current fiscal year.

Key Stories Impacting Parker-Hannifin

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

• Positive Sentiment: Record quarterly results exceeded expectations. Fiscal fourth-quarter sales rose 9.8% year over year to approximately $5.8 billion, while adjusted EPS increased 21% to a record $9.27, surpassing analyst estimates near $8.26–$8.29. Aerospace and industrial demand, stronger orders, and margin expansion supported the earnings beat. Parker Reports Record Fiscal 2026 Fourth Quarter and Full Year Results
• Positive Sentiment: Management issued solid fiscal 2027 earnings guidance. Parker-Hannifin forecast adjusted EPS of $34.25 to $35.25, above the approximately $34.09 consensus estimate. The company also pointed to continued organic growth, a record $12.8 billion backlog, and an $8.5 billion aerospace backlog. PH Q4 Earnings Beat Estimates on Aerospace and Industrial Growth
• Positive Sentiment: Profitability expectations improved. After surpassing its prior adjusted segment operating-margin target, Parker raised its fiscal 2031 target by 300 basis points to 30%, reinforcing the investment case for ongoing operating leverage. The company also increased its dividend 11%, extending its streak of annual dividend increases to 70 years. Parker Fiscal 2026 Results
• Positive Sentiment: Analysts raised their valuations. Truist lifted its price target from $1,269 to $1,358 and assigned a “buy” rating, while Susquehanna raised its target from $1,100 to $1,250 and maintained a positive view. The revisions signal greater confidence in Parker-Hannifin’s earnings growth and backlog.
• Neutral Sentiment: Fiscal 2027 revenue guidance of approximately $20.9 billion to $21.5 billion was below one reported consensus estimate of $22.7 billion, although the company’s EPS outlook exceeded expectations and the revenue range may exclude pending acquisitions.
• Negative Sentiment: Reported insider activity has been heavily weighted toward selling, with executives making no open-market purchases and completing multiple sales during the past six months. This may create a modest sentiment overhang, though such transactions can reflect compensation or tax-related activity.

Institutional Trading of Parker-Hannifin

A number of hedge funds have recently modified their holdings of PH. Texas Capital Bancshares Inc TX acquired a new position in Parker-Hannifin in the third quarter valued at approximately $25,000. Morse Asset Management Inc grew its position in Parker-Hannifin by 164.7% during the third quarter. Morse Asset Management Inc now owns 45 shares of the industrial products company’s stock valued at $34,000 after buying an additional 28 shares during the period. Johnson Financial Group Inc. grew its position in Parker-Hannifin by 84.6% during the third quarter. Johnson Financial Group Inc. now owns 48 shares of the industrial products company’s stock valued at $36,000 after buying an additional 22 shares during the period. State of Wyoming purchased a new position in Parker-Hannifin in the second quarter valued at $38,000. Finally, Strive Asset Management LLC acquired a new stake in shares of Parker-Hannifin during the 3rd quarter valued at about $38,000. Hedge funds and other institutional investors own 82.44% of the company’s stock.

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.