JPMorgan Chase & Co. Increases Parker-Hannifin (NYSE:PH) Price Target to $1,100.00

Parker-Hannifin (NYSE:PHGet Free Report) had its target price increased by stock analysts at JPMorgan Chase & Co. from $1,083.00 to $1,100.00 in a report released on Friday,Benzinga reports. The firm currently has an “overweight” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 17.56% from the stock’s previous close.

A number of other brokerages also recently weighed in on PH. The Goldman Sachs Group restated a “buy” rating on shares of Parker-Hannifin in a report on Thursday. Citigroup reissued a “buy” rating on shares of Parker-Hannifin in a research report on Monday, January 12th. Wall Street Zen cut shares of Parker-Hannifin from a “buy” rating to a “hold” rating in a report on Tuesday, January 27th. Jefferies Financial Group raised their target price on shares of Parker-Hannifin from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a research note on Friday. Finally, BNP Paribas Exane began coverage on Parker-Hannifin in a research report on Thursday, December 4th. They set an “outperform” rating and a $1,020.00 price target on the stock. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $990.47.

View Our Latest Analysis on Parker-Hannifin

Parker-Hannifin Trading Down 1.3%

NYSE:PH opened at $935.71 on Friday. The firm has a market capitalization of $118.08 billion, a price-to-earnings ratio of 34.13, a PEG ratio of 3.30 and a beta of 1.25. Parker-Hannifin has a 1-year low of $488.45 and a 1-year high of $965.00. The business’s 50-day moving average price is $897.38 and its two-hundred day moving average price is $806.95. The company has a current ratio of 1.18, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52.

Parker-Hannifin (NYSE:PHGet Free Report) last released its quarterly earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share for the quarter, beating the consensus estimate of $7.11 by $0.54. The company had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $5.07 billion. Parker-Hannifin had a net margin of 17.29% and a return on equity of 27.56%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $6.53 earnings per share. On average, equities analysts expect that Parker-Hannifin will post 26.71 earnings per share for the current year.

Insider Transactions at Parker-Hannifin

In other news, VP Berend Bracht sold 3,507 shares of Parker-Hannifin stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $864.58, for a total value of $3,032,082.06. Following the transaction, the vice president owned 2,580 shares in the company, valued at approximately $2,230,616.40. This trade represents a 57.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Andrew D. Ross sold 2,488 shares of Parker-Hannifin stock in a transaction dated 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 completion of the transaction, the chief operating officer owned 13,120 shares in the company, valued at approximately $11,739,907.20. This represents a 15.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 7,432 shares of company stock valued at $6,484,116. Company insiders own 0.32% of the company’s stock.

Institutional Investors Weigh In On Parker-Hannifin

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Texas Capital Bancshares Inc TX bought a new position in Parker-Hannifin in the third quarter worth approximately $25,000. Chilton Capital Management LLC bought a new position in shares of Parker-Hannifin in the 3rd quarter worth $29,000. Interchange Capital Partners LLC acquired a new stake in Parker-Hannifin in the 2nd quarter valued at $31,000. Ameriflex Group Inc. increased its stake in Parker-Hannifin by 366.7% during the 3rd quarter. Ameriflex Group Inc. now owns 42 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 33 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC raised its holdings in Parker-Hannifin by 80.0% during the fourth quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock worth $32,000 after buying an additional 16 shares during the last quarter. 82.44% of the stock is owned by institutional investors.

Parker-Hannifin News Summary

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

About Parker-Hannifin

(Get Free Report)

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.

Read More

Analyst Recommendations for Parker-Hannifin (NYSE:PH)

Receive News & Ratings for Parker-Hannifin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parker-Hannifin and related companies with MarketBeat.com's FREE daily email newsletter.