Parker(US:PH) Financial Modeling Prep·2026-01-30 05:03Core Viewpoint - Parker-Hannifin Corporation has received a positive outlook from Industrial Alliance Securities, with a price target of $1,032, indicating a potential price increase of approximately 8.81% from its current price of $948.40, supported by strong financial performance [1] Financial Performance - In Q2 fiscal 2026, Parker-Hannifin reported adjusted earnings per share of $7.65, exceeding the Zacks Consensus Estimate of $7.15, representing a 17% increase year-over-year [2][6] - Total sales reached $5.17 billion, surpassing the consensus estimate of $5.04 billion, reflecting a 9.1% year-over-year growth, with organic sales contributing a 6.6% increase [2][6] - The Aerospace Systems segment experienced a 14.5% surge in sales, driven by growth in original equipment manufacturing and strong aftermarket performance [3][6] - The Diversified Industrial segment, accounting for 67.1% of total sales, reported $3.47 billion in sales, marking a 6.8% increase from the previous year [3] Market Position - Parker-Hannifin has consistently exceeded consensus earnings per share estimates over the past four quarters, with revenues of $5.17 billion for the quarter ending December 2025, surpassing the Zacks Consensus Estimate by 2.59% [4] - Despite a decrease in net income by 11% to $845 million due to a one-time after-tax gain from divestitures in the previous year, adjusted net income rose by 15% to $980 million [5] - The stock has experienced a 3.51% rise, with a market capitalization of approximately $120 billion [5]