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

Parker-Hannifin (NYSE:PH) updated its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 34.250-35.250 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Wells Fargo & Company cut 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. Truist Financial increased their price target on shares of Parker-Hannifin from $1,147.00 to $1,269.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. reduced their price objective on shares of 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. Sanford C. Bernstein reiterated an “outperform” rating and issued a $1,037.00 target price on shares of Parker-Hannifin in a research note on Thursday, July 16th. Finally, Wall Street Zen downgraded shares of Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,027.38.

Parker-Hannifin Price Performance

Parker-Hannifin stock traded up $74.40 during mid-day trading on Thursday, hitting $1,071.30. 1,414,610 shares of the company traded hands, compared to its average volume of 598,177. 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 $708.18 and a one year high of $1,099.94. The stock has a market cap of $135.08 billion, a price-to-earnings ratio of 39.52, a price-to-earnings-growth ratio of 2.67 and a beta of 1.12. The stock has a fifty day moving average price of $945.98 and a 200-day moving average price of $940.22.

Parker-Hannifin (NYSE:PH) last posted its quarterly earnings data on Thursday, August 6th. The industrial products company reported $9.27 earnings per share for the quarter, beating the consensus estimate of $8.26 by $1.01. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The firm had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.57 billion. During the same quarter last year, the company posted $7.69 EPS. The business’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. On average, equities analysts predict that Parker-Hannifin will post 31.25 earnings per share for the current fiscal year.

More Parker-Hannifin News

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

• Positive Sentiment: 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, topping analyst estimates near $8.26–$8.29. Parker Reports Record Fiscal 2026 Fourth Quarter and Full Year Results
• Positive Sentiment: Broad operating momentum supported the beat: Organic sales grew 8%, adjusted segment operating margin expanded, and strength in aerospace and industrial markets helped drive record results. Total backlog reached $12.8 billion, including an $8.5 billion aerospace backlog. PH Q4 Earnings Beat Estimates on Aerospace and Industrial Growth
• Positive Sentiment: Fiscal 2027 guidance pointed to another record year: Parker-Hannifin forecast adjusted EPS of $34.25 to $35.25, slightly above the roughly $34.09 consensus, alongside reported and organic sales growth of 5.5% to 8.5%. Management also raised its long-term adjusted segment operating margin target to 30% by fiscal 2031. Parker-Hannifin Q4 2026 Earnings Call Transcript
• Neutral Sentiment: The company completed its Curtis Instruments acquisition and announced agreements to acquire Filtration Group and CIRCOR’s aerospace business. The transactions could expand Parker’s portfolio but also introduce integration and execution considerations.
• Negative Sentiment: Fiscal 2027 revenue guidance of approximately $20.9 billion to $21.5 billion was below one reported consensus estimate of $22.7 billion. In addition, PH’s valuation is elevated, its median analyst target is about $1,060, and reported insider activity showed selling rather than purchases.

Hedge Funds Weigh In On Parker-Hannifin

Institutional investors and hedge funds have recently made changes to their positions in the business. Texas Capital Bancshares Inc TX bought a new stake in shares of Parker-Hannifin in the 3rd quarter valued at about $25,000. Morse Asset Management Inc grew its holdings in shares of Parker-Hannifin by 164.7% in the third quarter. Morse Asset Management Inc now owns 45 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 28 shares during the last quarter. Johnson Financial Group Inc. boosted its position 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 buying an additional 22 shares during the period. State of Wyoming bought a new stake in Parker-Hannifin in the 2nd quarter worth $38,000. Finally, Strive Asset Management LLC bought a new stake in Parker-Hannifin in the 3rd quarter worth $38,000. 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.