Parker-Hannifin stock holds near $950 after Bernstein lift

Published on 09/14/2026 at 18:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Parker-Hannifin stock closed at USD 950.23 on September 11, 2026, after Bernstein raised its target to USD 1,218 on August 14. Fourth-quarter sales were USD 5.75 billion.

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Parker-Hannifin stock (ISIN US7010941019) closed at USD 950.23 on September 11, 2026, after rising USD 15.89, or 1.70 percent. Yahoo Finance showed a 52-week range of USD 715.37 to USD 1,099.94 and market capitalization of USD 119.774 billion.

Bernstein lifted its target

According to Yahoo Finance on August 14, 2026, Bernstein kept its Outperform rating and raised the price target from USD 1,037 to USD 1,218. The same page puts the average target at USD 1,160.95 and the consensus rating at Moderate Buy.

Parker-Hannifin also showed earnings momentum in its latest quarter. MarketBeat said on September 14, 2026 that the company reported USD 9.27 EPS for the quarter, above the USD 8.31 estimate, while revenue reached USD 5.75 billion versus USD 5.57 billion expected; that is a USD 0.96 EPS beat and a 9.8 percent year-over-year revenue gain.

Margins stay in view

For investors, the margin profile matters as much as the top line. Yahoo Finance listed trailing revenue of USD 21.5 billion, trailing EPS of USD 28.51 and net income of USD 3.65 billion, while the quarter's profit margin was 18.96 percent.

MarketBeat also noted FY 2027 guidance of USD 34.250 to USD 35.250 EPS and an estimated next earnings date of November 5, 2026. The stock has gained 8.11 percent year to date and 23.46 percent over 1 year on Yahoo Finance.

Stock stays above 2026 start

Parker-Hannifin stock remained above its 2026 opening level of USD 879.25 and traded within a USD 940.94 to USD 956.18 intraday range on September 11, 2026. The closing price was USD 950.23, with volume at 343,985 shares.