Parker-Hannifin stock holds firm after a $2 dividend
Published on 08/21/2026 at 12:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Parker-Hannifin Corp. stock (ISIN US7010941019) closed at $1,000.13 on August 20, 2026, after the company confirmed a quarterly dividend of $2.00 per share. The move comes as the latest quarter delivered $5.75 billion in revenue and $9.27 in EPS, with both figures topping expectations.
Dividend and earnings
The cash payout is scheduled for September 11, 2026, with shareholders of record on August 31, 2026, and an ex-dividend date of August 31, 2026. In the most recent quarter reported on August 6, 2026, revenue rose 9.8% from a year earlier and EPS increased from $7.69 in the same quarter last year to $9.27.
Consensus stays constructive
Analyst targets have moved higher since the August 6 earnings release, and the consensus target cited in the market data snapshot stands at $1,100.00 versus a last close of $1,000.13. That implies a 9.99% gap between the share price and the average target, while the market also values the company at $126.28 billion.
A wider valuation gap remains visible in the trading data too: the shares traded between $715.37 and $1,099.94 over the past 52 weeks. The stock's price-to-earnings ratio sits at 35.15, which keeps the valuation debate alive even after the strong quarterly beat.
Filtration adds scale
The company's product mix spans hydraulic and pneumatic components, fittings, valves, pumps, motion-control systems, filtration products, and seals. A recent note also said Parker-Hannifin completed the acquisition of Filtration Group on August 13, 2026, adding another layer to its industrial and aerospace platform.
Price and setup
As of August 20, 2026, Parker-Hannifin shares were marked at $1,000.13 on the NYSE, with the market cap at $126.28 billion. The stock has gained 13.79% since January 1, 2026, even after a 2.26% five-day decline in the latest market snapshot.
More on Parker-Hannifin stock
Investor Relations
Company details
Company: Parker-Hannifin Corp.
ISIN: US7010941019
Ticker: PH
Exchange: NYSE
Sector / Industry: Industrials / Industrial Machinery & Equipment
Index membership: S&P 500
