Parker-Hannifin

PH · NYSE

$944.61−$21.65 (−2.24%)TodayMarket closed · Oct 20, 7:40 PM ET

Prev close $966.26

PH analyst rating

BuyConsensus of 22 analysts over the last 12 months. 82% rate it a buy.

Strong buy0
Buy18
Hold4
Underperform0
Sell0

12-month price target · 28 analysts

Average $1,179.89 (+24.9% upside)

Low: $700.54
Now: $944.61
High: $1,425.90

Upgrades and downgrades

The latest rating actions, newest first

PH analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
TD Cowen	Oct 14, 2026	Maintains	Hold	$850.00 → $950.00	59%
Citigroup	Oct 12, 2026	Maintains	Buy	$1,232.00 → $1,234.00	63%
JP Morgan	Oct 9, 2026	Maintains	Overweight	$1,140.00 → $1,131.00	64%
Wells Fargo	Sep 25, 2026	Initiates	Equal-Weight	$1,050.00	60%
Bernstein	Aug 14, 2026	Maintains	Outperform	$1,037.00 → $1,218.00	25%
Evercore ISI Group	Aug 11, 2026	Maintains	Outperform	$1,064.00 → $1,217.00	64%
UBS	Aug 7, 2026	Maintains	Buy	$1,092.00 → $1,250.00	65%
Citigroup	Aug 7, 2026	Maintains	Buy	$1,141.00 → $1,232.00	63%
BNP Paribas	Aug 7, 2026	Maintains	Outperform	$1,090.00 → $1,220.00	58%
Keybanc	Aug 7, 2026	Maintains	Overweight	$1,100.00 → $1,210.00	21%

The case for and against

Updated Sep 27, 2026

Bull case

Parker Hannifin is a well-established and diversified company known for its precision-engineered solutions for various markets, including aerospace, industrial, and transportation. Its high rate of cross-selling and sustained operational improvements give confidence in its ability to continue driving earnings leverage and achieving its new target of 30% segment operating margin by 2031. While macroeconomic slowdown and uncertainty may impact its international revenue, strong order momentum and potential for margin expansion make Parker Hannifin a promising investment opportunity.

Bear case

Parker Hannifin is likely to face execution risks as it continues to make acquisitions, with potential missteps limiting earnings upside and multiple expansion. Additionally, with a weaker North American revenue growth forecast of -0.5% to -5.1% and a diminishing R-square value in forward-looking estimates, there is potential downside risk to the stock as it faces a challenging market environment. Despite its strong long-term track record, Parker may face decreasing margins and returns as it diversifies its portfolio into less-cyclical, but potentially lower margin businesses.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.