Stifel cuts target for Parker-Hannifin stock from USD 1,075 to USD 1,002
Published on 10/23/2026 at 11:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUpcoming reporting and shareholder dates
- Stifel cut its Parker-Hannifin target from USD 1,075 to USD 1,002 on October 19, 2026.
- Parker reported USD 5.75 billion in revenue and USD 9.27 earnings per share for its latest quarter, with revenue up 9.80 percent year over year.
- Parker-Hannifin stock was trading at EUR 794.30 at 11:00 a.m. CEST at Lang & Schwarz on October 23, 2026.
- Parker will hold its annual meeting on October 28, 2026, and release fiscal first-quarter results on November 5, 2026.
Stifel cut its price target for Parker-Hannifin stock from USD 1,075 to USD 1,002 on October 19, 2026, while retaining a Hold rating, according to Investing.com. The move puts valuation ahead of the immediate earnings story, because the same report cited strong fiscal 2027 guidance and order growth.
Why did Stifel cut its target?
The reduction came despite Parker's initial fiscal 2027 outlook and order momentum. Stifel also pointed to elevated expectations and said it would watch whether oil prices, interest rates and inflation affect orders, according to Investing.com.
The latest quarterly benchmark was stronger: Parker reported USD 5.75 billion in revenue and USD 9.27 adjusted earnings per share, with revenue up 9.80 percent year over year, according to MarketBeat. The company also set fiscal 2027 adjusted earnings-per-share guidance at USD 34.25 to USD 35.25 in the same report.
Three dates frame the story
On August 6, 2026, Parker reported USD 5.75 billion in quarterly revenue and USD 9.27 adjusted earnings per share. On August 13, 2026, the company completed its USD 9.25 billion acquisition of Filtration Group Corporation, according to Parker. On October 19, 2026, Stifel lowered its target to USD 1,002 from USD 1,075.
What dates matter next?
Parker's annual meeting is scheduled for October 28, 2026, at 9:00 a.m. Eastern time, according to StockTitan. The company plans to release fiscal 2027 first-quarter earnings before the market opens on November 5, 2026, followed by an 11:00 a.m. Eastern conference call, according to Parker-Hannifin.
Stock price and investor focus
The immediate tension is clear: operating figures remain substantial, while the latest analyst action lowers the valuation benchmark. The next earnings release will test whether fiscal 2027 guidance and order growth can support the premium that prompted Stifel's target reduction.
Parker-Hannifin was trading at EUR 794.30 at Lang & Schwarz on October 23, 2026 at 11:00 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.
Parker-Hannifin stock facts
- Company: Parker-Hannifin Corporation
- ISIN: US7010941042
- Ticker: PH
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 11:00 a.m. CEST): EUR 794.30
- Sector / Industry: Industrials / Industrial Machinery
Market context: Market report S&P 500.
