Parker-Hannifin Corporation (NYSE:PH) Maintains Positive Outlook Amidst Market Fluctuations
ParkerParker(US:PH) Financial Modeling Prep·2026-01-14 20:05

Core Viewpoint - Parker-Hannifin Corporation is a leader in the motion and control technology industry, known for its innovative products and solutions across various sectors [1] Group 1: Stock Performance and Analyst Ratings - Morgan Stanley maintains a "Positive" grade for Parker-Hannifin, raising the price target from $725 to $945, indicating confidence in the company's future performance [2][6] - The current stock price of Parker-Hannifin is $930.40, with a market capitalization of approximately $118.86 billion [5][6] - The stock has experienced a decrease of $7.95, or about 0.85%, with a trading volume of 36,151 shares [5] Group 2: Earnings Performance - Parker-Hannifin has consistently outperformed earnings estimates, with an average earnings surprise of 8.43% over the last two quarters [3][6] - In the most recent quarter, the company reported earnings of $7.22 per share, exceeding the expected $6.67, resulting in an 8.25% surprise [3] - In the previous quarter, Parker-Hannifin delivered $7.69 per share, surpassing the consensus estimate of $7.08, leading to an 8.62% surprise [4]