BNP Paribas raises Parker-Hannifin stock target from USD 1,220 to USD 1,270

Published on 10/02/2026 at 13:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 sales reached USD 21.50 billion, up 8.30 percent. Parker-Hannifin stock costs EUR 865.00 on October 2, 2026 versus EUR 859.10.

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Parker-Hannifin (ISIN US7010941042) stock was trading at EUR 865.00 at Lang & Schwarz on October 2, 2026 at 1:37 p.m. CEST, up 0.69 percent versus the prior close of EUR 859.10. On September 18, 2026, BNP Paribas raised its price target from USD 1,220.00 to USD 1,270.00 and kept its Outperform rating, as MarketScreener reported.

Fiscal 2026 sets a higher base

The SEC filing shows that Parker-Hannifin generated USD 21.50 billion in sales in fiscal 2026, up 8.30 percent from USD 19.85 billion in fiscal 2025. Diluted earnings per share rose to USD 28.48 from USD 27.12, while operating margin increased to 24.50 percent from 23.00 percent.

Cash flow from operations reached USD 4.40 billion in fiscal 2026, compared with USD 3.80 billion in fiscal 2025. The figures give the analyst target a stronger operating backdrop, but the company is also carrying the financing burden of recent acquisitions and debt refinancing.

Debt refinancing stays central

On September 14, 2026, Parker-Hannifin completed senior note offerings totaling USD 2.40 billion and EUR 2.03 billion, with proceeds intended to repay acquisition-related borrowings, according to StockTitan. That refinancing extends maturities, while the separate CIRCOR aerospace transaction remains a balance-sheet consideration.

The company has also scheduled its annual meeting for October 28, 2026. The proxy materials cite fiscal 2026 operating margin of 24.50 percent and USD 4.40 billion in operating cash flow, giving shareholders a concrete measure of performance before the meeting, as the SEC filing states.

Stock remains below its yearly high

Parker-Hannifin's primary listing is on the NYSE, where the finance quote showed USD 965.88 on October 1, 2026. The same quote placed the 52-week range at USD 715.37 to USD 1,099.94 and the market capitalization at USD 121.8 billion, keeping the Lang & Schwarz euro quote clearly separate from the US listing.

At Lang & Schwarz, Parker-Hannifin was trading at EUR 865.00 on October 2, 2026 at 1:37 p.m. CEST, plus 0.69 percent versus the EUR 859.10 prior close. The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.