Parker-Hannifin (NYSE:PH) Given New $1,092.00 Price Target at Citigroup

Parker-Hannifin (NYSE:PH) had its target price increased by equities research analysts at Citigroup from $1,074.00 to $1,092.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the industrial products company’s stock. Citigroup’s price objective indicates a potential upside of 15.73% from the company’s current price.

Several other research analysts also recently commented on PH. Weiss Ratings reissued a “buy (b)” rating on shares of Parker-Hannifin in a report on Thursday, January 22nd. Robert W. Baird set a $1,050.00 price target on Parker-Hannifin in a research report on Friday. Susquehanna reaffirmed a “positive” rating and set a $1,000.00 price target on shares of Parker-Hannifin in a research report on Wednesday, November 12th. Mizuho increased their price objective on Parker-Hannifin from $800.00 to $825.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Finally, BNP Paribas Exane initiated coverage on shares of Parker-Hannifin in a research note on Thursday, December 4th. They set an “outperform” rating and a $1,020.00 price objective on the stock. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $981.20.

Parker-Hannifin Stock Performance

Shares of NYSE PH traded down $4.83 during mid-day trading on Friday, hitting $943.58. The company had a trading volume of 329,103 shares, compared to its average volume of 646,292. The business’s 50-day simple moving average is $895.47 and its 200-day simple moving average is $804.72. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.07 and a quick ratio of 0.61. Parker-Hannifin has a 12 month low of $488.45 and a 12 month high of $965.00. The firm has a market cap of $119.07 billion, a P/E ratio of 33.52, a PEG ratio of 3.19 and a beta of 1.25.

Parker-Hannifin (NYSE:PH) last issued its earnings results on Thursday, January 29th. The industrial products company reported $7.65 EPS for the quarter, topping the consensus estimate of $7.11 by $0.54. The firm had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.07 billion. Parker-Hannifin had a return on equity of 27.23% and a net margin of 18.17%.Parker-Hannifin’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business earned $6.53 earnings per share. As a group, analysts predict that Parker-Hannifin will post 26.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Parker-Hannifin news, VP Berend Bracht sold 3,507 shares of Parker-Hannifin stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $864.58, for a total value of $3,032,082.06. Following the completion of the sale, the vice president directly owned 2,580 shares of the company’s stock, valued at approximately $2,230,616.40. The trade was a 57.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Rachid Bendali sold 1,437 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $852.99, for a total transaction of $1,225,746.63. Following the completion of the transaction, the vice president directly owned 2,714 shares in the company, valued at approximately $2,315,014.86. The trade was a 34.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,432 shares of company stock valued at $6,484,116 over the last ninety days. 0.32% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Parker-Hannifin

Several hedge funds have recently made changes to their positions in the business. Simplicity Wealth LLC increased its holdings in shares of Parker-Hannifin by 24.8% during the fourth quarter. Simplicity Wealth LLC now owns 488 shares of the industrial products company’s stock valued at $429,000 after acquiring an additional 97 shares in the last quarter. Turning Point Benefit Group Inc. grew its holdings in shares of Parker-Hannifin by 32.4% in the fourth quarter. Turning Point Benefit Group Inc. now owns 249 shares of the industrial products company’s stock worth $219,000 after acquiring an additional 61 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in Parker-Hannifin during the 4th quarter valued at approximately $136,000. Oakworth Capital Inc. grew its holdings in Parker-Hannifin by 38.4% during the 4th quarter. Oakworth Capital Inc. now owns 263 shares of the industrial products company’s stock valued at $231,000 after buying an additional 73 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its position in shares of Parker-Hannifin by 12.5% during the fourth quarter. Wealthfront Advisers LLC now owns 16,126 shares of the industrial products company’s stock valued at $14,174,000 after buying an additional 1,795 shares during the last quarter. 82.44% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Parker-Hannifin

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

• Positive Sentiment: Q2 results beat expectations — adjusted EPS $7.65 vs. ~ $7.11 consensus, revenue $5.17B, organic sales +6.6% and margin expansion; management highlighted record sales and operational strength. Parker Reports Fiscal 2026 Second-Quarter Results
• Positive Sentiment: Company raised FY‑2026 guidance (EPS 30.40–31.00; revenue $20.9B–$21.3B), and cited stronger aerospace demand — a catalyst for upside versus prior estimates. Parker-Hannifin raises annual profit forecast on aerospace parts demand
• Positive Sentiment: Analysts are raising price targets after the beat — Wells Fargo moved to Overweight and lifted its target to $1,050; multiple shops increased forecasts, supporting further upward revision risk. These Analysts Increase Their Forecasts On Parker Hannifin Following Strong Q2 Earnings
• Positive Sentiment: Short‑term technicals improved — PH crossed above its 20‑day moving average, indicating a potential short‑term bullish trend and attracting momentum traders. Parker-Hannifin (PH) Crossed Above the 20-Day Moving Average: What That Means for Investors
• Neutral Sentiment: Earnings call and full transcripts/slides are available for deeper detail on outlook and margin drivers — useful for confirming management commentary and assumptions. Parker-Hannifin Corporation 2026 Q2 – Results – Earnings Call Presentation
• Negative Sentiment: Valuation concerns and profit‑taking: some analysts and commentators say the stock’s premium after a sizable run may be stretched, which can pressure shares even after strong results. Parker-Hannifin: Consistent Performance Deserves A Premium, But Not This Much
• Negative Sentiment: Mixed analyst stance: some firms raised price targets but kept neutral/hold ratings (e.g., Stifel raised its target to $941 but maintained Hold), limiting broad buy-side conviction. Stifel Revises Parker-Hannifin (PH) Outlook in Diversified Industrials Review

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.