Parker-Hannifin (PH) Expected to Announce Earnings on Thursday

Parker-Hannifin (NYSE:PH) is expected to be posting its Q3 2026 results before the market opens on Thursday, April 30th. Analysts expect Parker-Hannifin to post earnings of $7.81 per share and revenue of $5.3982 billion for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, April 30, 2026 at 11:00 AM ET.

Parker-Hannifin (NYSE:PH) last announced its quarterly earnings results on Thursday, January 29th. The industrial products company reported $7.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.11 by $0.54. Parker-Hannifin had a net margin of 17.29% and a return on equity of 27.56%. The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.53 earnings per share. On average, analysts expect Parker-Hannifin to post $31 EPS for the current fiscal year and $34 EPS for the next fiscal year.

Parker-Hannifin Trading Down 0.3%

Shares of NYSE:PH opened at $959.78 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 1.18 and a debt-to-equity ratio of 0.52. Parker-Hannifin has a fifty-two week low of $583.89 and a fifty-two week high of $1,034.96. The company’s 50-day moving average price is $951.16 and its 200 day moving average price is $900.40. The company has a market cap of $121.14 billion, a PE ratio of 35.00, a P/E/G ratio of 3.13 and a beta of 1.25.

Parker-Hannifin Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Friday, May 8th will be issued a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, May 8th. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. Parker-Hannifin’s payout ratio is 29.18%.

Insiders Place Their Bets

In other news, VP Berend Bracht sold 1,457 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $946.48, for a total value of $1,379,021.36. Following the transaction, the vice president directly owned 2,580 shares of the company’s stock, valued at $2,441,918.40. This represents a 36.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Matthew A. Jacobson sold 564 shares of Parker-Hannifin stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $949.94, for a total transaction of $535,766.16. Following the sale, the vice president directly owned 1,000 shares of the company’s stock, valued at $949,940. The trade was a 36.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 10,063 shares of company stock worth $9,891,214 in the last 90 days. Company insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Parker-Hannifin

Several institutional investors and hedge funds have recently made changes to their positions in the company. Texas Capital Bancshares Inc TX acquired a new stake in shares of Parker-Hannifin in the 3rd quarter valued at $25,000. Morse Asset Management Inc grew its position in Parker-Hannifin by 164.7% in the third quarter. Morse Asset Management Inc now owns 45 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 28 shares during the last quarter. Johnson Financial Group Inc. raised its stake in Parker-Hannifin by 84.6% during the third quarter. Johnson Financial Group Inc. now owns 48 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 22 shares in the last quarter. State of Wyoming acquired a new position in Parker-Hannifin in the 2nd quarter worth about $38,000. Finally, Strive Asset Management LLC acquired a new position in shares of Parker-Hannifin in the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 82.44% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating on shares of Parker-Hannifin in a research report on Thursday, January 29th. Wells Fargo & Company cut their price objective on Parker-Hannifin from $1,050.00 to $980.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Truist Financial set a $1,139.00 price objective on Parker-Hannifin in a research note on Friday, January 30th. iA Financial set a $1,032.00 target price on Parker-Hannifin in a research note on Thursday, January 29th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Parker-Hannifin in a report on Tuesday, April 21st. Seventeen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Parker-Hannifin has a consensus rating of “Moderate Buy” and an average price target of $1,000.60.

Parker-Hannifin Company Profile

Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.

Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.