Parker-Hannifin stock edges lower after fresh credit move

Published on 09/09/2026 at 12:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Parker-Hannifin stock opened at USD 956.22 on September 9, 2026, with a market value of USD 120.53 billion. August 6, 2026 EPS was USD 9.27, ahead of USD 8.31.

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Parker-Hannifin stock (US7010941019) opened at USD 956.22 on September 9, 2026, with a market capitalization of USD 120.53 billion and a 52-week range of USD 715.37 to USD 1,099.94. The stock finished at USD 956.22 after a USD 6.37 decline, or 0.66 percent, according to MarketBeat data.

Credit capacity jumps to USD 5.0 billion

According to TipRanks, Parker-Hannifin entered a new revolving credit agreement on September 4, 2026, replacing its prior facility and expanding available revolving credit to USD 5.0 billion. The same report says the company also lifted its commercial paper program to USD 5.0 billion.

The move came after a quarter that still sets the tone for the stock. Parker-Hannifin reported USD 9.27 in earnings per share on August 6, 2026, above the USD 8.31 consensus estimate, and revenue rose 9.8 percent year over year to USD 5.75 billion.

Results stay the anchor

According to MarketBeat, the quarter ended August 6, 2026 produced USD 5.75 billion in revenue, compared with USD 5.57 billion expected by analysts. The same report put return on equity at 28.48 percent and net margin at 16.97 percent.

MarketBeat also said Parker-Hannifin set fiscal 2027 EPS guidance at USD 34.25 to USD 35.25, while the company expects reported and organic sales growth of 5.5 percent to 8.5 percent. That compares with fiscal 2026 sales of USD 21.5 billion, diluted EPS of USD 28.48 and adjusted EPS of USD 32.31, as cited in the same filing summary.

Price and range

For investors, the current picture is defined by a USD 956.22 share price, a USD 120.53 billion market cap and a 52-week span from USD 715.37 to USD 1,099.94 as of September 9, 2026. The stock is trading below the high but well above the low, with consensus still centered on a Moderate Buy view and an average target of USD 1,114.55.