Parker-Hannifin stock gains 1.42 percent on October 6
Published on 10/06/2026 at 17:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Parker-Hannifin stock was trading at USD 989.58 on the NYSE on October 6, 2026, at 11:36 a.m. ET, up 1.42 percent during the session. The move follows fiscal 2026 results that combined 9.8 percent quarterly revenue growth with adjusted earnings per share of USD 9.27.
Fiscal fourth quarter beats estimates
According to Fortune on August 6, 2026, Parker-Hannifin reported fiscal fourth-quarter sales of USD 5.75 billion, up 10 percent on a reported basis and 8 percent organically. Adjusted EPS rose 21 percent year over year to USD 9.27, while adjusted segment operating margin reached 28.0 percent, an increase of 110 basis points.
The quarterly EPS result exceeded the USD 8.31 consensus estimate by USD 0.96, and revenue surpassed the USD 5.57 billion estimate by USD 0.18 billion, according to MarketBeat on October 2, 2026. The comparison gives the current price advance a concrete operating backdrop.
Guidance points to another record year
Management's fiscal 2027 outlook calls for adjusted EPS of USD 34.25-35.25, with a midpoint of USD 34.75, according to Fortune. Fiscal 2026 sales reached USD 21.5 billion, surpassing USD 20 billion for the first time, while adjusted EPS increased 18 percent to USD 32.31.
The company also reported fiscal 2026 operating cash flow of USD 4.4 billion and a record adjusted segment operating margin of 27.3 percent for the full year. Aerospace remained a major growth engine, with quarterly sales of USD 1.9 billion and organic growth of 13.4 percent, according to Fortune.
Analyst target remains above the stock
MarketBeat reported a Moderate Buy consensus from 19 analysts, including 16 Buy ratings and three Hold ratings, with an average price target of USD 1,119.55. That target lies 13.14 percent above the USD 989.58 intraday price, leaving valuation and execution as the central investor questions after the earnings beat.
Stock trades below yearly high
Parker-Hannifin stock was trading at USD 989.58 on the NYSE on October 6, 2026, with a session range of USD 975.73 to USD 991.31. The price stood 10.03 percent below its 52-week high of USD 1,099.94 and above the 52-week low of USD 715.37.
Parker-Hannifin stock facts
- Company: Parker-Hannifin Corporation
- ISIN: US7010941042
- Ticker: PH
- Trading venue: NYSE
- Price (as of October 6, 2026, 11:36 a.m. ET): USD 989.58
- Market capitalization: USD 124.8 billion (as of October 6, 2026)
- 52-week range: USD 715.37-1,099.94 (as of October 6, 2026)
- Sector / Industry: Industrials / Industrial Machinery
- Index membership: S&P 500
