Parker-Hannifin
Builds motion-control technologies for industrial equipment and commercial and defense aircraft.
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Profile
Designs motion-and-control components and systems for industrial equipment and commercial and defense aircraft, selling to OEMs, distributors and aftermarket customers. Diversified Industrial spans hydraulics, pneumatics, filtration, sealing and electromechanical products; Aerospace Systems is tied to aircraft production and follow-on maintenance demand.
Designs, manufactures and supports motion-and-control systems through Diversified Industrial and Aerospace Systems. The industrial portfolio spans hydraulic and electric motion, pneumatics, fluid and gas handling, filtration, sealing, thermal management and process controls, sold to equipment makers and through independent distributors. Aerospace supplies airframe and engine systems, including flight controls, fuel, hydraulics, braking, electrical power, fire protection and sensing, plus aftermarket parts and maintenance.
Serves industrial customers worldwide, while aerospace revenue is concentrated in North America. A decentralized operating structure and The Win Strategy provide a common framework for continuous improvement across a broad product catalog; no single product dominates sales. Revenue spans industrial demand, aircraft production and aftermarket use. Operations are subject to product, trade and environmental regulation across the jurisdictions served.
Company facts
Key statistics
Year to date +11.3% · Average volume (30d) 617.1K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 14, 2026 | Bernstein | Reiterate | Outperform | $1,037 | $1,218 |
| Aug 7, 2026 | Truist Financial | Target | $1,269 | $1,358 | |
| Aug 7, 2026 | Stifel Nicolaus | Target | $1,000 | $1,075 | |
| Aug 7, 2026 | BMO Capital | Reiterate | Outperform | $1,090 | $1,214 |
| Aug 7, 2026 | UBS | Reiterate | Buy | $842 | $1,250 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q4 FY26 | $8.31 | $9.27 | +11.6% | $5.57B | $5.76B | +3.3% | +7.31% |
| Apr 30, 2026Q3 FY26 | $7.84 | $8.17 | +4.2% | $5.40B | $5.49B | +1.6% | −2.99% |
| Jan 29, 2026Q2 FY26 | $7.16 | $7.65 | +6.8% | $5.07B | $5.17B | +2.0% | −1.32% |
| Nov 6, 2025Q1 FY26 | $6.62 | $7.22 | +9.1% | $4.94B | $5.08B | +2.9% | +1.18% |
Financial highlights
| 12 quarters | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $4.96B | $5.24B | $5.08B | $5.17B | $5.49B | $5.76B | |
| Gross profit | $1.83B | $1.96B | $1.91B | $1.93B | $2.02B | $2.25B | |
| Operating income | $1.05B | $1.12B | $1.03B | $1.09B | $1.13B | $1.37B | |
| Net income | $960.9M | $923.2M | $808.0M | $845.0M | $904.0M | $1.09B | |
| Diluted EPS | $7.37 | $7.15 | $6.29 | $6.60 | $7.06 | $8.54 | |
| Gross margin | 36.9% | 37.3% | 37.5% | 37.3% | 36.8% | 39.0% | |
| Operating margin | 21.1% | 21.3% | 20.3% | 21.1% | 20.7% | 23.9% |
Fiscal years (4-quarter sums)FY22 $15.86B · FY23 $19.07B · FY24 $19.93B · FY25 $19.85B · FY26 $21.50B
Revenue by product · Q4 FY26
Revenue by geography · Q4 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $501.0M · Total debt $8.52B · Total assets $30.88B · Shareholders' equity $15.40B
Dividends
Raised for 39 straight years — most recently to $2.00 from $1.80 in May 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| May 8, 2026 | May 8 | Jun 5 | $2.00 | raised from $1.80 |
| Feb 6, 2026 | Feb 6 | Mar 6 | $1.80 | |
| Nov 7, 2025 | Nov 7 | Dec 5 | $1.80 | |
| Sep 2, 2025 | Sep 2 | Sep 12 | $1.80 | |
| May 9, 2025 | May 9 | Jun 6 | $1.80 | raised from $1.63 |
| Feb 7, 2025 | Feb 7 | Mar 7 | $1.63 | |
| Nov 8, 2024 | Nov 8 | Dec 6 | $1.63 | |
| Aug 28, 2024 | Aug 28 | Sep 13 | $1.63 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 126.09M · Float 125.70M · 99.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 10.39M | 8.24% | 13F | Aug 7, 2026 |
| State Street Corp | 9.39M | 7.44% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 8.23M | 6.53% | 13F | Aug 13, 2026 |
| Procyon Advisors, LLC | 5.07M | 4.02% | 13F | Jul 9, 2026 |
| FMR LLC | 3.89M | 3.09% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 26, 2026 | Berend Bracht | officer: VP & Pres.- Motion Sys. Grp. | −602 | $1,040.47 |
| Aug 17, 2026 | Patrick Scott | officer: VP & Pres-Fluid Conn. Grp. | −1,235 | $1,057.00 |
| Aug 14, 2026 | James Verrier | director | −1,500 | $1,058.00 |
| Aug 14, 2026 | Mark J. Hart | officer: EVP-HR & External Affairs | −2,497 | $1,057.00 |
| Aug 14, 2026 | Berend Bracht | officer: VP & Pres.- Motion Sys. Grp. | −700 | $1,055.03 |
Peers
- Eaton
Broadest cross-segment rival: fluid power, pneumatics, and aerospace actuation.
- Honeywell Technologies
Competes in aerospace actuation, avionics, APUs, and industrial automation.
- RTX
Competes via Collins Aerospace in actuation, hydraulics, and aircraft systems.
- Emerson Electric
Competes in pneumatics (ASCO), flow control, and industrial process automation.
- Donaldson
Pure-play filtration rival across engine, industrial, and life-sciences markets.
- Summit Midstream
World’s #1 pneumatics pure-play: cylinders, valves, and automation components.
- Danaher
Competes via Pall Corp in industrial filtration and fluid handling.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Parker-Hannifin | $996.00 | +0.11% | $125.46B | 34.9 | 28.3 | 5.8 | +9.8% |
| Eaton | $403.75 | +0.23% | $156.40B | 41.0 | 26.9 | 5.2 | +21.4% |
| Honeywell Technologies | $217.85 | +0.18% | $68.91B | 8.4 | 23.7 | 1.9 | −49.9% |
| RTX | $212.00 | +0.13% | $285.33B | 37.3 | 28.8 | 3.1 | +14.5% |
| Emerson Electric | $156.00 | +0.53% | $86.93B | 34.0 | 22.0 | 4.7 | +7.0% |
| Donaldson | $91.89 | −0.01% | $10.65B | 23.9 | 21.0 | 2.7 | +8.0% |
| Summit Midstream | $34.08 | 0.00% | $470.8M | — | — | 0.8 | +10.6% |
| Danaher | $215.50 | −0.25% | $151.89B | 38.4 | 24.3 | 6.0 | +5.5% |
| Median | 35.6 | 24.0 | 3.1 | +8.0% |