SeekingAlpha · Oct 17, 2026
Parker Hannifin: Positive Business Outlook, But I Would Wait For A Pullback
Parker Hannifin (PH) rated Hold: strong aerospace/industrial growth and M&A, but valuation limits upside.
NYSE · PH
Parker-Hannifin Corporation
Industrials · Industrial - Machinery
$963.34
Up+$1.59 (+0.17%)
Updated Oct 18, 2026, 1:42 PM
SID Score
6.6/10
Composite research score
Smart Money
57/100
Neutral
- Market cap
- 114.83B
- P/E ratio
- 31.23
- Dividend yield
- 0.73%
- 52-week range
- $815.01 – $1,099.94
- Volume
- 635.86K
- Avg. volume
- 617.71K
Price performance · PH
PH price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 16, 2026
PH closed at $963.34 after 20 trading sessions, up 0.54% for the selected period.
- Last close
- $963.34
- Period change
- +0.54%
- Period low
- $946.96
- Period high
- $984.91
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | $965.50 | $976.4449 | $958.15 | $963.34 | 635.86K |
| Oct 15, 2026 | $952.10 | $965.12 | $943.8029 | $961.75 | 561.59K |
| Oct 14, 2026 | $951.84 | $961.74 | $950.23 | $956.32 | 711.16K |
| Oct 13, 2026 | $960.24 | $962.00 | $946.08 | $953.44 | 466.44K |
| Oct 12, 2026 | $957.53 | $969.0899 | $955.01 | $956.89 | 305.18K |
| Oct 9, 2026 | $948.35 | $962.92 | $944.465 | $962.56 | 354.61K |
| Oct 8, 2026 | $946.83 | $953.51 | $937.84 | $946.96 | 543.37K |
| Oct 7, 2026 | $974.62 | $978.21 | $951.615 | $952.79 | 451.14K |
| Oct 6, 2026 | $980.00 | $992.00 | $975.70 | $984.91 | 376.7K |
| Oct 5, 2026 | $970.95 | $981.89 | $958.06 | $975.68 | 334.95K |
| Oct 2, 2026 | $976.94 | $983.96 | $966.55 | $972.55 | 344.68K |
| Oct 1, 2026 | $951.78 | $967.975 | $946.72 | $965.88 | 498.58K |
| Sep 30, 2026 | $972.40 | $972.40 | $955.42 | $955.42 | 679.7K |
| Sep 29, 2026 | $972.43 | $978.535 | $960.99 | $970.37 | 391.41K |
| Sep 28, 2026 | $973.23 | $983.92 | $962.53 | $969.55 | 675.03K |
| Sep 25, 2026 | $974.00 | $981.97 | $966.24 | $978.33 | 591.94K |
| Sep 24, 2026 | $965.06 | $979.49 | $959.445 | $974.98 | 552.3K |
| Sep 23, 2026 | $960.96 | $978.23 | $958.6801 | $971.21 | 581.62K |
| Sep 22, 2026 | $959.345 | $969.42 | $954.31 | $964.85 | 479.96K |
| Sep 21, 2026 | $951.61 | $964.425 | $943.31 | $958.17 | 647.06K |
Latest PH news
The latest Smart Investors Daily articles mentioning PH.
Stock researchCompany · Overview
Company
Market Activity
Research & News
PH research
Overview
Company profile and research snapshot.
Company profile
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $909.38
- Implied upside
- —
- Analysts
- 18
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 14, 2026 | TD Cowen | Hold | — |
| Oct 12, 2026 | Citigroup | Buy | — |
| Oct 9, 2026 | JP Morgan | Overweight | — |
| Sep 25, 2026 | Wells Fargo | Equal-Weight | — |
| Aug 14, 2026 | Bernstein | Outperform | — |
News briefing
Generated Oct 18, 2026, 1:24 PM
Why Is PH Moving Slightly Higher Today?
Parker-Hannifin is trading marginally higher with a modest gain of $1.59 (0.17%), reflecting investor cautious optimism about the company's forward guidance. While recent analysis highlights a positive business outlook, the limited upward price movement suggests the market is taking a measured approach to the stock's current valuation.
Bottom line: Parker-Hannifin presents a fundamentally sound investment case with positive business momentum, but current market pricing suggests limited upside without a pullback. Investors should follow analyst guidance and look for better entry opportunities rather than chasing the stock at current levels, while maintaining conviction in the company's longer-term growth prospects.
SeekingAlpha · Oct 15, 2026
Parker-Hannifin: The Aerospace Momentum Comes At A Price
Yahoo · Oct 14, 2026
Parker to Webcast Annual Meeting of Shareholders on October 28, 2026 at 9:00 a.m. Eastern
CLEVELAND, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 28, 2026, at 9:00 a.m., Eastern time. The webcast will be accessible at investors.parker.com and will be archived for one year. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engin
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