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

by · The Markets Daily

Parker-Hannifin (NYSE:PH – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 36.450-37.250 for the period, compared to the consensus EPS estimate of 35.610. The company issued revenue guidance of $24.9 billion-$25.6 billion, compared to the consensus revenue estimate of $24.8 billion.

Parker-Hannifin Price Performance

Parker-Hannifin stock opened at $893.24 on Friday. The firm has a market cap of $112.65 billion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 2.53 and a beta of 1.15. Parker-Hannifin has a 52-week low of $806.22 and a 52-week high of $1,099.94. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44. The company’s 50 day moving average is $948.25 and its two-hundred day moving average is $949.31.

Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The industrial products company reported $8.90 EPS for the quarter, beating the consensus estimate of $8.21 by $0.69. Parker-Hannifin had a net margin of 16.97% and a return on equity of 28.48%. The company had revenue of $5.99 billion during the quarter, compared to analysts’ expectations of $5.81 billion. During the same quarter last year, the company posted $7.22 EPS. The firm’s revenue was up 17.9% compared to the same quarter last year. Parker-Hannifin has set its FY 2027 guidance at 36.450-37.250 EPS. On average, research analysts expect that Parker-Hannifin will post 35.72 EPS for the current fiscal year.

Parker-Hannifin Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a $2.00 dividend. The ex-dividend date is Friday, November 13th. This represents a $8.00 dividend on an annualized basis and a yield of 0.9%. Parker-Hannifin’s dividend payout ratio (DPR) is 28.08%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PH. Stifel Nicolaus set a $1,002.00 price target on Parker-Hannifin in a report on Monday, October 19th. Sanford C. Bernstein lifted their price objective on Parker-Hannifin from $1,037.00 to $1,218.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft boosted their price objective on Parker-Hannifin from $998.00 to $1,023.00 and gave the stock a “hold” rating in a research report on Wednesday, September 30th. Raymond James Financial upped their target price on shares of Parker-Hannifin from $1,050.00 to $1,250.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Finally, Wells Fargo & Company assumed coverage on shares of Parker-Hannifin in a report on Thursday, September 24th. They issued an “equal weight” rating and a $1,050.00 target price on the stock. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Parker-Hannifin has an average rating of “Moderate Buy” and an average price target of $1,146.35.

Check Out Our Latest Report on PH

Insider Buying and Selling

In other Parker-Hannifin news, VP Berend Bracht sold 602 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $1,040.47, for a total value of $626,362.94. Following the sale, the vice president directly owned 4,399 shares in the company, valued at $4,577,027.53. This trade represents a 12.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.35% of the stock is owned by company insiders.

Key Stories Impacting Parker-Hannifin

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

  • Positive Sentiment: Fiscal Q1 sales rose 18% to a record $6.0 billion, with organic growth of 11.5%. Adjusted EPS of $8.90 topped analysts’ estimates and increased 23% year over year. Parker-Hannifin also cited a record backlog and higher adjusted segment margins. Company results and outlook
  • Positive Sentiment: The company raised its fiscal 2027 adjusted EPS outlook to $36.45–$37.25, above FactSet’s $35.73 estimate, and forecast revenue of $24.9–$25.6 billion, also ahead of consensus. Stronger demand across its markets supports the improved outlook. Fiscal 2027 outlook
  • Negative Sentiment: Truist cut its price target to $1,237 from $1,358, though it maintained a Buy rating. The target reduction may have weighed on sentiment, as shares retreated after their earlier post-earnings advance. Truist price-target update

Parker-Hannifin Company Profile

(Get Free Report)

Parker-Hannifin Corporation is a diversified manufacturer of motion and control technologies and systems. The company serves aerospace, industrial, and other specialized markets with products designed to control the movement and flow of liquids and gases, as well as mechanical motion and power.

Its product portfolio includes hydraulic and pneumatic systems, filtration and process-control equipment, electromechanical technologies, sealing and shielding products, connectors, pumps, valves, and related components.

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