Citi raises target for Parker-Hannifin stock to USD 1,234.00
Published on 10/14/2026 at 14:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCitigroup target update
- Citigroup raised its Parker-Hannifin target from USD 1,232.00 to USD 1,234.00 on October 12, 2026.
- Parker-Hannifin will hold its annual meeting on October 28, 2026.
- Parker-Hannifin stock costs EUR 854.00 at Lang & Schwarz on October 14, 2026 at 2:39 p.m. CEST.
- Fiscal 2026 revenue reached USD 21.5 billion, up 8.3 percent from fiscal 2025.
Parker-Hannifin (ISIN US7010941042) received a higher Citigroup valuation on October 12, 2026, when the firm lifted its target from USD 1,232.00 to USD 1,234.00 while keeping a Buy rating, according to Markets Insider. Against Parker-Hannifin's USD 953.44 primary-exchange price on October 13, 2026, the USD 1,234.00 target lies 29.43 percent above the price. Parker-Hannifin was trading at EUR 854.00 at Lang & Schwarz on October 14, 2026 at 2:39 p.m. CEST.
Annual meeting set for October 28
Parker-Hannifin's next dated corporate event is its annual meeting on October 28, 2026. The company's filing identifies the meeting date and a 9:00 a.m. Eastern Daylight Time start at its Cleveland headquarters, according to Parker Hannifin. That date gives shareholders the next fixed calendar point after the latest results cycle.
Price stays below yearly high
On the NYSE, Parker-Hannifin's USD 953.44 price on October 13, 2026 stood within a 52-week range of USD 721.17 to USD 1,099.94. The share price was 13.32 percent below the high, a measurable gap that places the stock below its yearly peak rather than at a new extreme. At the same Lang & Schwarz timestamp, the bid was EUR 849.80 and the ask was EUR 858.20.
Fiscal 2026 revenue reached USD 21.5 billion
Parker-Hannifin reported fiscal 2026 revenue of USD 21.5 billion, up 8.30 percent from USD 19.85 billion in fiscal 2025. The company also reported fiscal 2026 GAAP net income attributable to common shareholders of USD 3.65 billion and diluted earnings per share of USD 28.48. Gekko reports the next earnings date as November 5, 2026, with consensus estimates of USD 8.16 earnings per share and USD 5.53 billion in revenue.
Comparison with peers
Parker-Hannifin (NYSE, USD): P/E 33.47, market capitalization USD 120.2 billion.
Eaton (NYSE, USD): plus 0.38 percent, P/E 43.57, market capitalization USD 166.3 billion.
Rockwell Automation (NYSE, USD): minus 0.39 percent, P/E 40.63, market capitalization USD 48.1 billion.
Lang and Schwarz quote
The EUR 854.00 Lang & Schwarz price was intraday on October 14, 2026 at 2:39 p.m. CEST, with the bid at EUR 849.80 and the ask at EUR 858.20. The euro quotation gives German investors a direct local-currency view, while the USD valuation figures remain tied to the NYSE listing.
The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.
Parker-Hannifin market data
- Company: Parker-Hannifin Corporation
- ISIN: US7010941042
- Ticker: PH
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 2:39 p.m. CEST): EUR 854.00
- Market capitalization: USD 120.2 billion (as of October 13, 2026)
- 52-week range: USD 721.17-1,099.94 (as of October 13, 2026)
- Sector / Industry: Industrials / Industrial machinery
Market context: Market report S&P 500.
