BNP Paribas raises target for Parker-Hannifin stock from USD 1,220.00 to USD 1,270.00

Published on 10/05/2026 at 13:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sales reached USD 21.5 billion in fiscal 2026, up 8.3 percent. Parker-Hannifin stock costs EUR 866.60 on October 5, 2026 versus EUR 859.30.

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Parker-Hannifin (ISIN US7010941042) was trading at EUR 866.60 at Lang & Schwarz on October 5, 2026 at 1:35 p.m. CEST, up 0.85 percent versus the prior close of EUR 859.30. MarketScreener reported on September 18, 2026 that BNP Paribas raised its target from USD 1,220.00 to USD 1,270.00 and kept an Outperform rating.

Target rises as margins expand

The analyst action followed Parker-Hannifin's record fiscal 2026. StockTitan reported that sales increased 8.3 percent to USD 21.5 billion in the fiscal year ended June 30, 2026. Diluted earnings per share reached USD 28.48, up 5.00 percent, while adjusted earnings per share rose 18.00 percent to USD 32.31.

Cash flow from operations reached USD 4.4 billion in fiscal 2026, up 16.00 percent from the prior year, and adjusted segment operating margin reached 27.30 percent. That combination gives the target increase a clear operating basis, although the valuation still depends on continued execution after a record year.

Debt funding adds an execution test

Parker-Hannifin also used the recent period to fund its acquisition program. StockTitan reported that the company priced USD 2.4 billion and EUR 2.025 billion of senior notes in September 2026 to refinance borrowing linked to the Filtration Group acquisition.

The balance between growth and leverage is now central to the equity story. Parker-Hannifin guided fiscal 2027 adjusted earnings per share to USD 34.25-35.25 and aims for a 30.00 percent adjusted segment operating margin by fiscal 2031, up 300 basis points from the fiscal 2026 target. Fortune published the guidance from the August 6, 2026 earnings call.

Stock trades below the US quote

The primary-market context remains the NYSE listing under PH. The finance quote showed USD 972.55 on October 2, 2026, with a market capitalization of USD 122.6 billion and a 52-week range of USD 715.37 to USD 1,099.94. The Lang & Schwarz euro quote is a separate German-market reference and is not combined with those US dollar values.

Parker-Hannifin's business spans motion and control technologies across industrial and aerospace markets. Its fiscal 2026 sales growth of 8.3 percent exceeded the 2025 level of USD 19.85 billion, while operating profit increased from USD 4.06 billion to USD 4.63 billion. The figures show why margin expansion and acquisition integration matter more than the modest daily euro move.

Euro quote holds above prior close

Parker-Hannifin was trading at EUR 866.60 at Lang & Schwarz on October 5, 2026 at 1:35 p.m. CEST, plus 0.85 percent versus the Lang & Schwarz prior close of EUR 859.30 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.