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

Published on 10/16/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Parker-Hannifin stock costs EUR 857.20 on October 16, 2026. Mizuho kept Outperform and the annual meeting is set for October 28, 2026.

Targets, results and scheduled dates

Mizuho lowered its Parker-Hannifin target from USD 1,285 to USD 1,200 on October 15, 2026.
Parker-Hannifin reported USD 5.76 billion in revenue and USD 9.27 adjusted earnings per share for the quarter announced August 6, 2026.
Parker-Hannifin stock was trading at EUR 857.20 at 9:15 a.m. CEST at Lang & Schwarz on October 16, 2026.

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Parker-Hannifin stock was trading at EUR 857.20 at Lang & Schwarz on October 16, 2026 at 9:15 a.m. CEST in the pre-market. Markets Insider reported on October 15, 2026 that Mizuho lowered its Parker-Hannifin target from USD 1,285 to USD 1,200 while keeping an Outperform rating.

Three analyst moves in focus

The latest target cut followed a series of October revisions. Markets Insider said Mizuho adjusted its model for seasonality and trend data ahead of the third-quarter earnings preview.

Chronology shows how expectations have shifted. On August 6, 2026, Parker-Hannifin reported USD 5.76 billion in quarterly revenue and USD 9.27 in normalized earnings per share, according to Seeking Alpha. On October 14, 2026, Markets Insider reported that TD Cowen raised its target from USD 850 to USD 950 and kept a Hold rating. Mizuho's October 15, 2026 action is the latest event.

What does the target change mean?

The competing targets point to a divided valuation debate rather than a single market view. Mizuho's new USD 1,200 target remains USD 250 above TD Cowen's USD 950 target, while both firms used fresh model updates before the next earnings release. Parker-Hannifin's industrial machinery portfolio spans diversified industrial and aerospace systems.

Two dates for investors

The company will webcast its annual meeting on October 28, 2026 at 9:00 a.m. Eastern time, according to Markets Insider. Seeking Alpha lists November 5, 2026 as the upcoming quarterly earnings date.

Price stays tied to the next report

For investors, the key near-term test is whether the coming report supports the range of analyst assumptions. Parker-Hannifin was trading at EUR 857.20 at Lang & Schwarz on October 16, 2026 at 9:15 a.m. CEST in the pre-market. The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.