PH · NYSE · Industrial - Machinery

Parker-Hannifin (PH)

Builds motion-control technologies for industrial equipment and commercial and defense aircraft.

$960.48
vs last close+2.31 (+0.24%)
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Parker-Hannifin CorporationPH
Industrials

Designs motion-and-control components and systems for industrial equipment and commercial and defense aircraft, selling to OEMs, distributors and aftermarket customers. Diversified Industrial spans hydraulics, pneumatics, filtration, sealing and electromechanical products; Aerospace Systems is tied to aircraft production and follow-on maintenance demand.

Designs, manufactures and supports motion-and-control systems through Diversified Industrial and Aerospace Systems. The industrial portfolio spans hydraulic and electric motion, pneumatics, fluid and gas handling, filtration, sealing, thermal management and process controls, sold to equipment makers and through independent distributors. Aerospace supplies airframe and engine systems, including flight controls, fuel, hydraulics, braking, electrical power, fire protection and sensing, plus aftermarket parts and maintenance.

Serves industrial customers worldwide, while aerospace revenue is concentrated in North America. A decentralized operating structure and The Win Strategy provide a common framework for continuous improvement across a broad product catalog; no single product dominates sales. Revenue spans industrial demand, aircraft production and aftermarket use. Operations are subject to product, trade and environmental regulation across the jurisdictions served.

Company facts

CEOJennifer A. Parmentier
ListedDec 9, 1964
ExchangeNYSE
HeadquartersCleveland, OH
CountryUnited States
Employees57,950
CIK0000076334
ISINUS7010941042

Market cap$120.81B
EPS (ttm)$28.49
P/E (ttm)33.63
ROE25.1%
P/B7.84
P/S5.62
Dividend yieldDiv yield0.79%
Beta0.83vs XLI 1.23

Price target$1,210.00+26.3%Average of 40 analysts
ConsensusBuy26 of 40 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 14, 2026BernsteinReiterate
Rating: Target: $1,037
Rating: OutperformTarget: $1,218
Aug 7, 2026Truist FinancialTarget
Target: $1,269
Target: $1,358
Aug 7, 2026Stifel NicolausTarget
Target: $1,000
Target: $1,075
Aug 7, 2026BMO CapitalReiterate
Rating: Target: $1,090
Rating: OutperformTarget: $1,214
Aug 7, 2026UBSReiterate
Rating: Target: $842
Rating: BuyTarget: $1,250

Next report
Nov 5, 26
in 44 days
EPS estimate
$8.13
Revenue estimate
$5.53B
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Jan '25May '25Aug '25Nov '25Jan '26Apr '26Aug '26Nov '26
Reported$6.53$6.94$7.69$7.22$7.65$8.17$9.27Pending
Estimate$6.23$6.72$7.10$6.62$7.16$7.84$8.31$8.13
Surprise+4.8%+3.3%+8.3%+9.1%+6.8%+4.2%+11.6%

RevenueReportedEstimate

Jan '25May '25Aug '25Nov '25Jan '26Apr '26Aug '26Nov '26
Reported$4.74B$4.96B$5.24B$5.08B$5.17B$5.49B$5.76BPending
Estimate$4.81B$4.99B$5.12B$4.94B$5.07B$5.40B$5.57B$5.53B
Surprise−1.5%−0.6%+2.5%+2.9%+2.0%+1.6%+3.3%
Estimate$8.13
ReportedDue Nov 5, 2026
Estimate$5.53B
ReportedDue Nov 5, 2026
View details

Debt to equity56.70%
Current ratio126.20%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$4.90B$4.74B$4.96B$5.24B$5.08B$5.17B$5.49B$5.76B
Net income$698.4M$948.5M$960.9M$923.2M$808.0M$845.0M$904.0M$1.09B
Net margin14.2%20.0%19.4%17.6%15.9%16.3%16.5%19.0%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income$972.8M$965.1M$1.05B$1.12B$1.03B$1.09B$1.13B$1.37B
YoY growth+8.6%+3.2%+4.0%+7.0%+6.3%+13.4%+8.3%+22.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $501.0M · Total debt $8.73B · Total assets $30.88B · Shareholders' equity $15.40B

Revenue
$5.76B
Operating income
$1.37B
Net income
$1.09B
View details

Dividend yield
0.79%
Next ex-date
Nov 30, 26
estimated · in 69 days
Annual dividend
$7.60
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Sep '25Nov '25Feb '26May '26Aug '26
Dividend$1.63$1.63$1.80$1.80$1.80$1.80$2.00$2.00
Annual yield0.92%0.95%1.03%0.91%0.83%0.74%0.84%0.78%
Ex-dateNov 8Feb 7May 9Sep 2Nov 7Feb 6May 8Aug 31
Payment dateDec 6Mar 7Jun 6Sep 12Dec 5Mar 6Jun 5Sep 11
View details

Institutions93.39%117.75M shares
2,021 holders · as of Jun 30, 2026
Insiders0.15%190.7K shares
19 holders · as of Sep 11, 2026
Other6.46%8.15M shares
remainder

126.09M company shares as of Sep 15, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.24%10.39Mas of Jun 30, 2026
State Street CorpInstitution
7.44%9.39Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.53%8.23Mas of Jun 30, 2026
Procyon Advisors, LLCInstitution
4.02%5.07Mas of Jun 30, 2026
FMR LLCInstitution
3.09%3.89Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 8, 2026Laura K. Thompsondirector−160$958.95
Aug 26, 2026Berend Brachtofficer: VP & Pres.- Motion Sys. Grp.−602$1,040.47
Aug 17, 2026Patrick Scottofficer: VP & Pres-Fluid Conn. Grp.−1,235$1,057.00
Aug 14, 2026James Verrierdirector−1,500$1,058.00
Aug 14, 2026Mark J. Hartofficer: EVP-HR & External Affairs−2,497$1,057.00
View details

  • Eaton

    Broadest cross-segment rival: fluid power, pneumatics, and aerospace actuation.

  • Honeywell Technologies

    Competes in aerospace actuation, avionics, APUs, and industrial automation.

  • RTX

    Competes via Collins Aerospace in actuation, hydraulics, and aircraft systems.

  • Emerson Electric

    Competes in pneumatics (ASCO), flow control, and industrial process automation.

  • Donaldson

    Pure-play filtration rival across engine, industrial, and life-sciences markets.

  • Summit Midstream

    World’s #1 pneumatics pure-play: cylinders, valves, and automation components.

  • Danaher

    Competes via Pall Corp in industrial filtration and fluid handling.

Compare

CompanyPriceChange
Parker-Hannifin$960.48+0.24%$120.81B33.627.35.6+9.8%
Eaton$440.53+1.17%$169.08B44.329.35.6+21.4%
Honeywell Technologies$211.65+2.50%$65.44B8.022.91.8−49.9%
RTX$189.78−2.35%$261.92B34.225.82.8+14.5%
Emerson Electric$153.61+1.25%$84.92B33.221.74.6+7.0%
Donaldson$86.49+0.48%$9.98B22.420.02.6+8.0%
Summit Midstream$31.48−1.21%$440.1M0.8+10.6%
Danaher$221.38+2.57%$151.67B38.325.06.0+5.5%
Median33.724.02.8+8.0%