Mizuho cuts Parker-Hannifin stock target to USD 1,200

Published on 10/16/2026 at 15:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Parker's annual meeting is set for October 28, 2026. Parker-Hannifin stock costs EUR 857.50 on October 16, 2026 at 3:36 p.m. CEST.

Analyst target and key dates

On October 15, 2026, Mizuho lowered its target from USD 1,285 to USD 1,200.
Parker-Hannifin scheduled its annual shareholder meeting for October 28, 2026.
Parker-Hannifin stock costs EUR 857.50 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST.
The stock traded at a P/E ratio of 34.13 with a market capitalization of USD 122.7 billion.

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Mizuho lowered its Parker-Hannifin price target from USD 1,285 to USD 1,200 on October 15, 2026, while keeping an Outperform rating, according to Markets Insider. The new target stands 23.37 percent above Parker-Hannifin's USD 972.58 NYSE price at 9:48 a.m. EDT on October 16, 2026. Parker-Hannifin stock was trading at EUR 857.50 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST.

Target reset ahead of results

Mizuho said its analysts recalibrated their model for seasonality and trend data in a third-quarter earnings preview. The change places the firm below its former target but above the latest US market price, giving investors a clear numerical marker ahead of the next reporting cycle.

TD Cowen had raised its target from USD 850 to USD 950 on October 14, 2026, while retaining a Hold rating, according to Markets Insider. The two updates therefore place USD 950 and USD 1,200 on opposite sides of the current analyst discussion.

Price position and valuation

Parker-Hannifin's USD 722.12 to USD 1,099.94 52-week range leaves the NYSE price 11.58 percent below the high. The stock had traded at USD 972.58 at 9:48 a.m. EDT on October 16, 2026, with 38,995 shares changing hands against an average volume of 595,590.

Finance figures put market capitalization at USD 122.7 billion and the trailing P/E ratio at 34.13 as of October 16, 2026. The next scheduled corporate date is the annual shareholder meeting on October 28, 2026, which Parker announced through GlobeNewswire.

Comparison with peers

Parker-Hannifin: P/E 34.13, market capitalization USD 122.7 billion.

Honeywell (Nasdaq, USD): 0.78 percent, P/E 8.25, market capitalization USD 67.2 billion.

Rockwell Automation (NYSE, USD): 1.57 percent, P/E 40.29, market capitalization USD 47.7 billion.

Trading frame for investors

The official Deutsche Boerse listing identifies Parker-Hannifin with ISIN US7010941042, WKN 855950 and the Xetra symbol PAR. The company makes motion and control technologies for industrial, aerospace and other applications. Parker's valuation and the spread between the USD 950 and USD 1,200 targets now provide the main market reference points ahead of the October 28 meeting.

Parker-Hannifin stock was trading at EUR 857.50 at Lang & Schwarz on October 16, 2026 at 3:36 p.m. CEST.