Politics

Parker-Hannifin Upgraded to Buy as Analysts Raise Price Targets

Parker-Hannifin Upgraded to Buy as Analysts Raise Price Targets
Editorial
  • PublishedSeptember 2, 2025

Shares of Parker-Hannifin Corporation (NYSE: PH) received an upgrade from Wall Street Zen, moving from a hold rating to a buy rating. The upgrade comes as part of a broader trend among equity research analysts, with several firms recently revising their price targets for the company.

On July 14, 2023, Citigroup reaffirmed a buy rating, increasing its price target from $709.00 to $831.00. Following suit, Mizuho established a price objective of $785.00 in a report issued on May 16, 2023. Barclays also raised their target from $750.00 to $776.00, labeling the stock as “overweight” on August 8, 2023. Additionally, Evercore ISI maintained an “outperform” rating, while Stifel Nicolaus raised their price target from $717.00 to $726.00, assigning a hold rating.

According to data from MarketBeat.com, a total of fourteen analysts have assigned a buy rating to Parker-Hannifin, with four issuing a hold rating. The stock currently holds a consensus rating of “Moderate Buy” and an average target price of $768.71.

Strong Earnings Report Boosts Investor Confidence

Parker-Hannifin recently reported its quarterly earnings on August 7, 2023. The industrial products manufacturer announced earnings per share of $7.69, exceeding analysts’ expectations of $7.08 by $0.61. The company recorded quarterly revenue of $5.24 billion, surpassing forecasts of $5.10 billion. This performance reflects a net margin of 17.79% and a return on equity of 26.80%, with revenue growth of 1.1% year-over-year. Last year, during the same quarter, Parker-Hannifin reported earnings per share of $6.77.

The company has also provided guidance for fiscal year 2026, projecting earnings per share between $28.400 and $29.400. Analysts forecast Parker-Hannifin will achieve earnings per share of $26.71 for the current fiscal year.

Dividend Announcement and Insider Activity

In addition to its positive earnings report, Parker-Hannifin announced a quarterly dividend of $1.80 per share, set to be distributed on September 12, 2023. Shareholders of record on September 2, 2023 will receive this dividend, which represents an annualized dividend of $7.20 and a yield of 0.9%. Currently, the company has a dividend payout ratio of 26.55%.

Recent insider trading activity revealed that Robert W. Malone, Vice President, sold 2,257 shares at an average price of $730.66, totaling approximately $1,649,099.62. Following this transaction, Malone holds 5,866 shares valued at around $4,286,051.56. Additionally, Angela R. Ives, another Vice President, sold 810 shares for about $589,161.60 on the same date.

Over the past ninety days, insiders have sold a total of 14,039 shares worth approximately $10,356,566. Currently, insiders hold 0.39% of the company’s stock.

Institutional investors have also shown interest in Parker-Hannifin. During the first quarter, Wealth Preservation Advisors LLC acquired a new stake valued at around $27,000, while Saudi Central Bank invested approximately $31,000. Other firms, including Interchange Capital Partners LLC and Mpwm Advisory Solutions LLC, have made similar investments, contributing to the overall institutional ownership of approximately 82.44% of the company’s stock.

Parker-Hannifin Corporation, a leader in motion and control technologies, operates across various sectors, including mobile, industrial, and aerospace markets. The company is divided into two segments: Diversified Industrial and Aerospace Systems, providing a wide range of products and solutions to ensure operational efficiency and reliability.

Editorial
Written By
Editorial

Our Editorial team doesn’t just report the news—we live it. Backed by years of frontline experience, we hunt down the facts, verify them to the letter, and deliver the stories that shape our world. Fueled by integrity and a keen eye for nuance, we tackle politics, culture, and technology with incisive analysis. When the headlines change by the minute, you can count on us to cut through the noise and serve you clarity on a silver platter.