BNP Paribas Exane Reiterates “Outperform” Rating for Parker-Hannifin (NYSE:PH)

Parker-Hannifin (NYSE:PH)‘s stock had its “outperform” rating reaffirmed by research analysts at BNP Paribas Exane in a research report issued on Friday,Benzinga reports. They presently have a $1,220.00 price objective on the industrial products company’s stock, up from their previous price objective of $1,090.00. BNP Paribas Exane’s price target would indicate a potential upside of 12.62% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Sanford C. Bernstein restated an “outperform” rating and set a $1,037.00 target price on shares of Parker-Hannifin in a research report on Thursday, July 16th. JPMorgan Chase & Co. dropped their target price on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Evercore set a $1,064.00 price target on shares of Parker-Hannifin in a research report on Monday, May 11th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $1,214.00 price target on shares of Parker-Hannifin 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,076.05.

Parker-Hannifin Price Performance

PH stock traded up $13.45 on Friday, reaching $1,083.25. 398,737 shares of the company’s stock were exchanged, compared to its average volume of 721,201. The stock has a fifty day moving average of $945.98 and a 200-day moving average of $940.22. The firm has a market cap of $136.59 billion, a PE ratio of 39.90, a P/E/G ratio of 2.67 and a beta of 1.12. 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 has a twelve month low of $715.37 and a twelve month high of $1,099.94.

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

Institutional Trading of Parker-Hannifin

Large investors have recently modified their holdings of the business. Fideuram Asset Management Ireland dac purchased a new position in Parker-Hannifin in the fourth quarter valued at about $1,253,000. Truist Financial Corp grew its stake in shares of Parker-Hannifin by 2.7% in the 4th quarter. Truist Financial Corp now owns 174,852 shares of the industrial products company’s stock valued at $153,687,000 after buying an additional 4,673 shares in the last quarter. BCS Wealth Management increased its holdings in Parker-Hannifin by 83.3% in the fourth quarter. BCS Wealth Management now owns 3,120 shares of the industrial products company’s stock worth $2,742,000 after buying an additional 1,418 shares during the last quarter. Shepherd Street Advisors LLC bought a new position in Parker-Hannifin during the fourth quarter valued at approximately $1,736,000. Finally, Horizon Investments LLC lifted its stake in Parker-Hannifin by 78.8% in the fourth quarter. Horizon Investments LLC now owns 8,829 shares of the industrial products company’s stock valued at $7,760,000 after acquiring an additional 3,892 shares during the last quarter. 82.44% of the stock is currently owned by institutional investors and hedge funds.

Key Parker-Hannifin News

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

• Positive Sentiment: Record quarterly performance: Fiscal fourth-quarter sales rose 9.8% to $5.8 billion, while adjusted EPS increased 21% to a record $9.27, exceeding analysts’ expectations of approximately $8.26-$8.29. Adjusted operating margin also expanded, reflecting improved execution and cost control. Parker Reports Record Fiscal 2026 Fourth Quarter and Full Year Results
• Positive Sentiment: Strong demand and visibility: Total backlog reached a record $12.8 billion, including an $8.5 billion aerospace backlog. Management cited broad-based order growth across aerospace and industrial markets, supporting expectations for continued expansion. Parker-Hannifin jumps after record Q4 results and stronger FY27 outlook
• Positive Sentiment: FY2027 earnings outlook: Parker-Hannifin forecast adjusted EPS of $34.25-$35.25, above the roughly $34.09 consensus estimate, with reported and organic sales growth of 5.5%-8.5%. The company also raised its long-term adjusted segment operating-margin target to 30% by fiscal 2031. PH Q4 Earnings Beat Estimates on Aerospace and Industrial Growth
• Positive Sentiment: Analyst support: Truist raised its price target to $1,358 from $1,269 and assigned a Buy rating. Susquehanna increased its target to $1,250 from $1,100 and maintained a Positive rating, signaling additional upside expectations. Analyst price-target updates
• Neutral Sentiment: Fiscal 2027 revenue guidance of $20.9-$21.5 billion is below the reported consensus estimate of $22.7 billion, though the EPS outlook is above expectations and excludes potential contributions from pending acquisitions.
• Negative Sentiment: Reported insider activity shows 30 sales and no purchases over the past six months. While some transactions may reflect scheduled sales or compensation, the pattern could temper investor sentiment following the stock’s strong run.

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.