Citigroup Increases Parker-Hannifin (NYSE:PH) Price Target to $1,092.00

Parker-Hannifin (NYSE:PH) had its target price upped by equities research analysts at Citigroup from $1,074.00 to $1,092.00 in a research note issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the industrial products company’s stock. Citigroup’s price target would indicate a potential upside of 16.70% from the company’s current price.

A number of other brokerages have also commented on PH. Argus reaffirmed a “buy” rating and issued a $900.00 price objective on shares of Parker-Hannifin in a report on Monday, November 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Parker-Hannifin in a research report on Thursday, January 22nd. Wall Street Zen downgraded Parker-Hannifin from a “buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Wells Fargo & Company increased their price target on Parker-Hannifin from $1,000.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Susquehanna reiterated a “positive” rating and issued a $1,000.00 price objective on shares of Parker-Hannifin in a report on Wednesday, November 12th. Seventeen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $990.47.

Parker-Hannifin Stock Down 1.3%

Shares of PH stock opened at $935.71 on Friday. The company has a market capitalization of $118.08 billion, a price-to-earnings ratio of 34.13, a P/E/G ratio of 3.30 and a beta of 1.25. Parker-Hannifin has a 12-month low of $488.45 and a 12-month high of $965.00. The firm has a fifty day moving average of $897.38 and a 200-day moving average of $806.95. The company has a quick ratio of 0.61, a current ratio of 1.18 and a debt-to-equity ratio of 0.52.

Parker-Hannifin (NYSE:PH) last announced its earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.11 by $0.54. Parker-Hannifin had a return on equity of 27.56% and a net margin of 17.29%.The business had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.07 billion. During the same quarter last year, the firm earned $6.53 EPS. Parker-Hannifin’s revenue for the quarter was up 9.1% compared to the same quarter last year. As a group, equities research analysts predict that Parker-Hannifin will post 26.71 earnings per share for the current fiscal year.

Insider Activity

In related news, COO Andrew D. Ross sold 2,488 shares of Parker-Hannifin stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $894.81, for a total value of $2,226,287.28. Following the transaction, the chief operating officer owned 13,120 shares in the company, valued at $11,739,907.20. This trade represents a 15.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Rachid Bendali sold 1,437 shares of the company’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 transaction, the vice president directly owned 2,714 shares of the company’s stock, valued at approximately $2,315,014.86. This trade represents a 34.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 7,432 shares of company stock worth $6,484,116. 0.32% of the stock is owned by company insiders.

Institutional Trading of Parker-Hannifin

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC grew its position in Parker-Hannifin by 5.9% in the 4th quarter. Brighton Jones LLC now owns 1,808 shares of the industrial products company’s stock worth $1,150,000 after purchasing an additional 101 shares during the period. Bison Wealth LLC lifted its stake in Parker-Hannifin by 4.5% in the 4th quarter. Bison Wealth LLC now owns 749 shares of the industrial products company’s stock worth $476,000 after purchasing an additional 32 shares in the last quarter. Empowered Funds LLC increased its stake in Parker-Hannifin by 0.5% in the 1st quarter. Empowered Funds LLC now owns 2,894 shares of the industrial products company’s stock worth $1,759,000 after acquiring an additional 15 shares during the last quarter. Acadian Asset Management LLC grew its stake in shares of Parker-Hannifin by 26.2% in the 1st quarter. Acadian Asset Management LLC now owns 799 shares of the industrial products company’s stock worth $484,000 after buying an additional 166 shares in the last quarter. Finally, Sivia Capital Partners LLC increased its stake in Parker-Hannifin by 3.6% during the second quarter. Sivia Capital Partners LLC now owns 430 shares of the industrial products company’s stock worth $300,000 after acquiring an additional 15 shares during the last quarter. 82.44% of the stock is owned by 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. consensus ~ $7.11 and revenue $5.17B vs. ~$5.07B; organic sales +6.6% and margin expansion drove better operating performance. Q2 Results
• Positive Sentiment: Company raised full‑year EPS guidance to $30.40–31.00 (vs. consensus ~30.36) and gave revenue guidance roughly $20.9B–$21.3B; management cited margin expansion and strategic moves (including the Filtration Group) as drivers of the higher outlook. Guidance & Deep Dive
• Positive Sentiment: Multiple brokers raised price targets and maintained buy/overweight views after the quarter (Jefferies, JPMorgan, Citi, Wells Fargo among others), signaling continued analyst confidence and upside potential. Analyst Raises
• Positive Sentiment: Company raised its annual profit forecast citing stronger aerospace parts demand, reinforcing the thesis that end‑market recovery is supporting sustainable earnings. Reuters: Forecast Raise
• Neutral Sentiment: Options flow shows notable institutional/large‑ticket activity — useful for short‑term positioning signals but not a directional confirmation by itself. Options Activity
• Neutral Sentiment: Technical note — PH crossed above its 20‑day moving average, a short‑term bullish sign that could attract momentum traders. Technical Note
• Neutral Sentiment: Analyst/third‑party research (Argus, Stifel coverage changes) produced mixed tone — some target increases but a few hold ratings remain, showing divergent views on valuation vs. growth. Analyst Report
• Negative Sentiment: Valuation concerns: some commentary argues PH is trading at a premium multiple after the recent rally, prompting profit‑taking by investors who see limited near‑term upside versus risk. Valuation Critique
• Negative Sentiment: Some GAAP metrics look mixed: reported net income was down year‑over‑year because the prior period included a one‑time divestiture gain — this nuance can temper enthusiasm despite strong adjusted results. GAAP vs Adjusted Note

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.