Parker-Hannifin stock reports record sales of USD 21.5 billion
Published on 10/03/2026 at 22:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Parker-Hannifin (ISIN US7010941042) reported fiscal 2026 sales of USD 21.5 billion, up 8.3 percent from fiscal 2025, while its stock last traded at USD 972.55 on the NYSE on October 2, 2026. Investing.com reported on October 2, 2026, that Stifel reiterated a Hold rating with a USD 1,075 price target.
Record sales reset the baseline
According to StockTitan, Parker-Hannifin's fiscal year ended June 30, 2026, with diluted EPS of USD 28.48 and adjusted EPS of USD 32.31. Adjusted EPS increased 18 percent from fiscal 2025, while operating profit rose to USD 4.634 billion from USD 4.060 billion.
The company also finished fiscal 2026 with USD 4.364 billion in operating cash flow, compared with USD 3.776 billion in fiscal 2025. That combination gives the market a clearer measure of execution than revenue alone, because cash generation expanded alongside the 8.3 percent sales increase.
Guidance meets a higher margin bar
Fortune reported that management introduced fiscal 2027 adjusted EPS guidance of USD 34.25 to USD 35.25 on August 6, 2026, with a midpoint of USD 34.75. The midpoint is 8 percent above the prior year's adjusted EPS, according to the earnings call transcript.
The same transcript put fiscal 2026 adjusted segment operating margin at 27.3 percent and the fiscal 2027 midpoint at 27.7 percent. Parker-Hannifin also raised its fiscal 2031 adjusted segment operating margin target to 30 percent, a 300-basis-point increase from the prior target.
Analyst opinion remains constructive but not uniform. MarketBeat reported on September 30, 2026, that 16 of 19 covering firms rated the stock Buy and three rated it Hold, producing a Moderate Buy consensus and an average 12-month target of USD 1,119.55.
Stock remains below its yearly high
Parker-Hannifin last traded at USD 972.55 on the NYSE on October 2, 2026, up USD 6.67, or 0.69 percent, from the prior session. The session range was USD 966.78 to USD 980.75, with volume of 343,039 shares and market capitalization of USD 122.6 billion.
Parker-Hannifin stock data
- Company: Parker-Hannifin Corporation
- ISIN: US7010941042
- Ticker: PH
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 972.55
- Market capitalization: USD 122.6 billion (as of October 2, 2026)
- 52-week range: USD 715.37-1,099.94 (as of October 2, 2026)
- Sector / Industry: Industrials / Industrial machinery
- Volume: 343,039 shares (October 2, 2026)
