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Parker-Hannifin Corporation

PH · NYSE

Market closed$953.21$-5.13 (-0.54%)After hours $939.39 · -1.45%

Key statistics

Previous close$958.34
Open$947.95
Day high$972.26
Day low$934.38
52-week high$1,034.96
52-week low$692.02
Market cap120.19B
Volume383.41K
Average volume739.75K
P/E ratio31.02
Forward P/E—
EPS30.73
Dividend yield+0.78%

Market context

Why it moved

Parker-Hannifin (PH) shares edged lower as broader market sentiment remained weighed down by escalating US-Iran geopolitical tensions and a hawkish tone from Fed Chair Warsh's congressional testimony, which offset the otherwise positive backdrop of the company's strong earnings and institutional buying interest.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Parker-Hannifin closed modestly lower, underperforming the broader XLI industrials ETF as broad market weakness — driven by a deteriorating AI sentiment narrative, Netflix's disappointing guidance, and renewed U.S.-Iran military exchanges threatening Strait of Hormuz shipping — weighed on industrial names. The stock's dip comes despite a strong fundamental backdrop: the company recently beat Q3 EPS estimates ($8.17 vs. $7.84 consensus) on 10.6% revenue growth, raised its quarterly dividend to $2.00/share, and holds a "Moderate Buy" consensus with an average analyst price target near $1,027. In after-hours trade, shares extended declines to around $939, likely reflecting continued spillover from broader market risk-off sentiment.

-0.5353

July 17, 2026Parker-Hannifin closed modestly higher, outperforming the broader industrials sector (XLI) as investor confidence remains supported by strong fundamental momentum. The company's most recent quarter delivered EPS of $8.17 — beating estimates by $0.33 — on revenue of $5.49 billion, up 10.6% year over year, alongside a dividend raise to $2.00/quarter from $1.80. Analysts maintain a Moderate Buy consensus with a $1,026.86 average price target, implying meaningful upside from current levels. The broader industrial sector has surged over 35% in the past year, though Morningstar now views the group as fully valued heading into Q3.

0.5656

July 16, 2026Parker-Hannifin closed modestly lower, retreating from recent highs as industrials faced sector headwinds amid a tech-led market rally driven by soft CPI data. The pullback comes even as the company's fundamental backdrop remains strong—its most recent quarter delivered EPS of $8.17 vs. $7.84 expected, revenue of $5.49B (up 10.6% YoY), and a dividend raise to $2.00/quarter from $1.80. Analysts hold a 'Moderate Buy' consensus with a $1,027 average price target, while a Morgan Stanley downgrade of aerospace peer TransDigm on valuation concerns may be weighing on sentiment across the industrial/aerospace machinery group.

-1.2026

July 15, 2026Parker-Hannifin shares gained modestly on Tuesday, outperforming the broader industrials sector (XLI), as a cooler-than-expected June CPI report—headline inflation falling to 3.5%—lifted risk sentiment following Monday's geopolitical-driven selloff tied to U.S.-Iran tensions. Stifel reiterated its Hold rating with a $1,000 price target, while the broader analyst consensus remains "Moderate Buy" with an average target of $1,026.86, underpinned by strong Q3 earnings (EPS of $8.17 vs. $7.84 estimate) and 10.6% revenue growth. Morningstar noted the industrials sector is up more than 35% over the past year, with Parker-Hannifin also recently breaking above its 20-day moving average.

1.3971

July 14, 2026Parker-Hannifin declined modestly, pulled lower alongside the broader industrials sector as renewed U.S.-Iran hostilities rattled equity markets, sending oil prices surging and dampening risk appetite. The macro headwinds overshadowed the company's solid fundamental backdrop — most recently its fiscal Q3 beat (EPS of $8.17 vs. $7.84 consensus, revenue up 10.6% YoY) and a dividend hike to $2.00/quarter — with analysts maintaining a Moderate Buy consensus and an average price target of ~$1,027.

-1.0413

July 11, 2026Parker-Hannifin closed modestly higher, outperforming the broader industrials sector (XLI) as investor sentiment remained constructive heading into Q2 earnings season. The motion and control technology giant continues to benefit from strong fundamental momentum—its most recent quarter beat EPS estimates ($8.17 vs. $7.84 expected) with 10.6% year-over-year revenue growth—while Truist recently raised its price target to $1,269 (Buy) and the Street holds a consensus Moderate Buy with an average target of ~$1,027. The industrials sector has led in 2026, up over 16% YTD, though Morningstar flags the sector as the most overvalued at a 14% premium, a potential headwind as markets look to Q2 results for fundamental confirmation.

1.2748

July 10, 2026Parker-Hannifin shares closed modestly higher, outperforming a choppy broader market as investors weighed geopolitical headwinds against the company's strong fundamental backdrop. The industrials sector has been one of 2026's top performers, with XLI up over 16% year-to-date, supported by AI infrastructure spending, defense demand, and reshoring tailwinds — themes that directly benefit Parker-Hannifin's motion and control systems business. Analyst sentiment remains broadly bullish, with a consensus "Moderate Buy" rating and an average price target of ~$1,027, well above current levels; Truist recently raised its target to $1,269, citing confidence in the company's aerospace and industrial exposure.

1.0691

July 9, 2026Parker-Hannifin closed down nearly 2%, pressured by a broad industrials selloff as President Trump declared the U.S.-Iran interim peace agreement 'over,' sending oil prices surging more than 5% and stoking fresh inflation fears. The macro headwinds — rising Treasury yields, a hawkish Fed backdrop under Chair Kevin Warsh, and geopolitical risk reigniting energy costs — weighed on the industrial sector broadly, with XLI declining as well. Despite the session's turbulence, PH retains a constructive fundamental backdrop: the company beat Q1 EPS and revenue estimates, grew revenue 10.6% year-over-year, raised its dividend to $2.00/share, and received EU regulatory approval for its Filtration Group acquisition. Wall Street maintains a 'Moderate Buy' consensus with an average price target of ~$1,027, and Truist recently raised its target to $1,269.

-1.9196

ad-hoc-news.de · July 20, 2026Parker-Hannifin stock trades near record levels as recent earnings highlight margin strengthInvesting.com South Africa · July 16, 2026Bernstein raises Parker-Hannifin stock price target on growth outlook By Investing.comSimply Wall Street · July 15, 2026How Investors Are Reacting To Parker-Hannifin (PH) Dividend Hike And Upbeat Earnings OutlookInvesting.com · July 14, 2026Stifel reiterates Hold on Parker-Hannifin stock at $1,000 target
Mt Newswire · July 8, 2026Parker-Hannifin Gets EU Approval for Filtration Group Acquisition
Benzinga · July 2, 2026Truist Securities Maintains Buy on Parker Hannifin, Raises Price Target to $1269
Benzinga · June 16, 2026$100 Invested In Parker Hannifin 15 Years Ago Would Be Worth This Much Today
Mt Newswire · June 10, 2026Bernstein Initiates Parker-Hannifin at Outperform With $1,026 Price Target
Mt Newswire · May 26, 2026Wells Fargo Adjusts PT on Parker-Hannifin to $950 From $980, Maintains Overweight Rating
Mt Newswire · May 21, 2026KKR Selling CIRCOR Aerospace Division to Parker-Hannifin for $2.55 Billion
Mt Newswire · May 21, 2026KKR to Sell CIRCOR Aerospace Division to Parker-Hannifin for $2.55 Billion
Mt Newswire · May 11, 2026Evercore ISI Adjusts Price Target on Parker-Hannifin to $1,064 From $1,168

Peers

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