Parker-Hannifin stock trades just below $1,000 as FY 2027 guidance supports valuation
Published on 08/29/2026 at 11:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Parker-Hannifin Corporation (ISIN US7010941019) stock is trading just under the $1,000 level as of August 29, 2026, with investors weighing a recent Q4 2026 earnings beat against fresh guidance for fiscal 2027.
Recent reporting on August 28, 2026 highlighted that Parker-Hannifin delivered Q4 2026 earnings per share of $9.27 and revenue of $5.76 billion, figures that helped keep the shares close to the upper end of their recent trading range. The Q4 2026 earnings overview noted that the stock was quoted at $1,007.82 on August 28, 2026.
As of the latest quote snapshot for August 29, 2026, a separate market-data source shows Parker-Hannifin Corporation (PH) common stock last traded at $995.11, down 1.60 percent from a previous close of $1,011.20, illustrating a modest pullback from the record zone while still leaving the shares at a historically elevated level. The PH stock quote page attributes the $995.11 price and the -1.60 percent daily change to trading data as of August 29, 2026.
Q4 2026 results and current guidance
The latest Q4 2026 report, as summarized in recent coverage, shows Parker-Hannifin closing its 2026 fiscal year with quarterly earnings per share of $9.27, paired with revenue of $5.76 billion. The Q4 2026 summary confirms these figures as part of the most recent reported quarter, positioning them firmly inside the current reporting window for investors evaluating the company in late August 2026.
Alongside the Q4 2026 figures, a recent institutional-investor filing overview points out that Parker-Hannifin has set a fiscal 2027 earnings per share guidance range of $34.25 to $35.25. The guidance discussion describes this range as the company’s official FY 2027 outlook, and notes that consensus expectations for the current year stand at an EPS forecast of $34.93.
The guidance range implies a midpoint of $34.75 per share, which sits 0.52 higher than the $34.23 that would represent an exact match to the cited $34.23 lower end plus the $1.02 spread; more directly, the midpoint of $34.75 is 0.52 above a hypothetical $34.23 baseline, underscoring the company’s intent to grow earnings relative to recent results. When investors compare the Q4 2026 EPS figure of $9.27 to the FY 2027 midpoint of $34.75, the implied run-rate signals that management expects only a modest step down from the latest quarterly performance once seasonality and macro conditions are taken into account.
The same institutional-focused overview also highlights that the shares carry an average rating characterized as a “Moderate Buy” and a consensus price target of $1,100.00, providing a numerical anchor for how the sell-side community currently values Parker-Hannifin relative to its $995.11 trading price as of August 29, 2026. The consensus snapshot places that $1,100.00 target 10.5 percent above the latest $995.11 quote, framing the current valuation as still below the collective target level.
Valuation, trading levels, and investor context
Recent analysis of Parker-Hannifin’s valuation suggests that the stock is trading at a premium level that reflects its strong positioning in motion and control technologies, especially after the Q4 2026 beat and the shelf registration referenced in that analysis. The valuation commentary links the fully priced narrative to the company’s diversified exposure across aerospace, industrial equipment, transportation, energy, and HVAC markets, which together underpin a resilient earnings base.
In trading terms, Parker-Hannifin shares have recently hovered in a range that saw the stock quoted at $1,007.82 on August 28, 2026, with a 200-day moving average level of $950.16 referenced in the same coverage. The recent price and moving-average context shows that the $1,007.82 quote sat 6.1 percent above the 200-day moving average, while today’s $995.11 price still stands 4.7 percent above that long-term trend line.
For investors, the quantified comparison between price and moving average is important: even after a 1.60 percent daily decline from $1,011.20 to $995.11 on August 29, 2026, the stock remains several percentage points above its $950.16 200-day average, signaling sustained market confidence in Parker-Hannifin’s earnings trajectory and balance-sheet strength. The valuation angle becomes clearer when the consensus price target of $1,100.00 is juxtaposed against the current price, yielding a potential upside gap of $104.89 per share relative to the latest quote.
Institutional interest in Parker-Hannifin also features in recent filings that detail the purchase of tens of thousands of shares by different advisory firms, underlining that the stock continues to attract long-term capital. One filing alert mentions that the stock opened at $995.24 on a recent trading day, which is practically identical to the $995.11 intraday quote seen in the latest market-data snapshot for August 29, 2026. That tight clustering of prices around the $995 mark reinforces the picture of a stock consolidating just below the $1,000 level.
Sector data from a competitive landscape overview places Parker-Hannifin in the Basic Materials sector and the Miscellaneous Fabricated Products industry, emphasizing that despite its focus on sophisticated motion and control systems, the company is grouped with industrial producers that often carry cyclical exposure. The sector and industry breakout lists Parker-Hannifin relative to peers within that industry as of the first quarter of 2026, giving investors a reference point for how its market share compares inside the capital-goods universe.
When combining all these figures, Parker-Hannifin’s profile as of late August 2026 can be distilled into a handful of key numbers: a Q4 2026 EPS print of $9.27 and revenue of $5.76 billion, an FY 2027 EPS guidance midpoint of $34.75, a consensus EPS forecast of $34.93, a current price of $995.11 as of August 29, 2026, and a 200-day moving average at $950.16. The Q4 2026 EPS of $9.27 annualized would suggest an implied yearly run rate of $37.08 if repeated across four quarters, which stands 6.7 percent above the $34.75 midpoint of guidance, indicating that management’s outlook already builds in some caution relative to the most recent quarterly strength.
Motion and control solutions as a core business
Parker-Hannifin’s business centers on engineered motion and control technologies, encompassing a wide range of components and systems used in aerospace, industrial machinery, transportation, energy infrastructure, and climate-control applications. The operations overview describes the company as a manufacturer and seller of motion and control systems spanning hydraulic, pneumatic, and electromechanical products that customers integrate into high-value equipment.
One representative product family within Parker-Hannifin’s portfolio is its industrial hydraulic components, which include pumps, valves, cylinders, and filtration systems designed to deliver precise control of fluid power in manufacturing and mobile equipment. These products help customers improve reliability and efficiency in applications such as metal-forming presses, injection-molding machines, and heavy-duty construction vehicles.
Parker-Hannifin also supplies advanced aerospace components, including flight-control actuators and hydraulic systems for both commercial and military aircraft, enhancing its exposure to long-term airframe production cycles and aftermarket service demand. The breadth of its motion and control offerings across sectors, from energy to refrigeration, gives the company diversified revenue streams that have supported its ability to issue relatively confident guidance like the FY 2027 EPS range of $34.25 to $35.25.
Parker-Hannifin stock price and investor takeaway
As of August 29, 2026, the most recent dedicated quote page shows Parker-Hannifin Corporation common stock trading at $995.11 on the New York Stock Exchange, representing a 1.60 percent decline from the previous close of $1,011.20 yet leaving the shares 4.7 percent above the 200-day moving average of $950.16. The real-time data snapshot timestamps the $995.11 quote and the -1.60 percent daily move to August 29, 2026.
For investors assessing Parker-Hannifin at this level, the combination of a Q4 2026 EPS of $9.27, fiscal 2027 EPS guidance centered on $34.75, and a consensus price target of $1,100.00 provides a structured numerical framework for decision-making. The stock’s position just below the $1,000 mark, with an implied upside of 10.5 percent to the $1,100.00 target, suggests that the current valuation already prices in a substantial portion of the company’s earnings power but still leaves room for further gains if Parker-Hannifin executes on its guidance and maintains its standing in core motion and control markets.
Fact box
Company: Parker-Hannifin Corporation
ISIN: US7010941019
Ticker: PH
Exchange: NYSE
Price (as of August 29, 2026, 12:06 a.m. ET): $995.11 USD
Market cap: Data referenced in market portals for NYSE:PH as of late August 2026 positions Parker-Hannifin in the large-cap category, aligned with its role as a key industrial and capital-goods name.
Sector / Industry: Basic Materials / Miscellaneous Fabricated Products
Index membership: Commonly cited as part of major US large-cap indices, consistent with its NYSE listing and scale.
