Parker-Hannifin stock costs EUR 864.50 at USD 121.9 billion value

Published on 10/12/2026 at 16:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Parker-Hannifin stock is at EUR 864.50 on October 12, 2026. Market value is USD 121.9 billion and P/E is 33.94 in current trading.

Key points in brief

Parker-Hannifin stock was at EUR 864.50 at Lang & Schwarz on October 12, 2026 at 4:40 p.m. CEST.
The NYSE quote was USD 966.70 at 10:48 a.m. EDT, with a 52-week range of USD 717.02 to USD 1,099.94.
JPMorgan cut its target from USD 1,140 to USD 1,131 on October 9, 2026, while keeping an Overweight rating.
Parker-Hannifin had a market capitalization of USD 121.9 billion and a P/E ratio of 33.94.

Fotorealistischer Hydraulikzylinder mit Fluid-Connector-Fittings in industrieller Fertigungshalle — Parker-Hannifin US7010941019 Hydraulikzylinder mit Fluid-Connectors in moderner Industrieanlage, fotorealistisch und detailreich dargestellt, Illustration mit AI erstellt.

Parker-Hannifin stock was at EUR 864.50 at Lang & Schwarz on October 12, 2026 at 4:40 p.m. CEST. The euro quotation gives German investors a current market view, while the NYSE quote was USD 966.70 at 10:48 a.m. EDT on the same date.

Price remains below yearly high

The US-listed industrial machinery company traded inside a 52-week range of USD 717.02 to USD 1,099.94 on October 12, 2026. At USD 966.70, the NYSE quote stood 12.11 percent below the 52-week high, calculated from the same currency and market data.

Parker-Hannifin's market capitalization was USD 121.9 billion on October 12, 2026, while its price-to-earnings ratio was 33.94. Those figures place valuation alongside the stock's position in its annual range, rather than relying on the euro quotation alone.

JPMorgan target remains above quote

MarketBeat reported on October 9, 2026 that JPMorgan lowered its Parker-Hannifin target from USD 1,140 to USD 1,131 while maintaining an Overweight rating. The new target lies 17.00 percent above the USD 966.70 NYSE quote, using the target and quote in US dollars.

Comparison with peers

Parker-Hannifin: P/E 33.94, market capitalization USD 121.9 billion
Eaton (NYSE, USD): plus 0.68 percent, P/E 43.97, market capitalization USD 168.0 billion
Honeywell (NASDAQ, USD): plus 0.58 percent, P/E 8.12, market capitalization USD 66.2 billion

Parker-Hannifin operates in motion and control technologies serving industrial, mobile and aerospace applications. Its product range includes filtration, fluid handling, thermal management, control systems and aerospace components.

On August 20, 2026, Parker Hannifin said it had completed its acquisition of Filtration Group Corporation, according to the company's official website. The transaction adds filtration technologies and aftermarket capabilities to the portfolio.

Market price and trading context

Parker-Hannifin was trading at EUR 864.50 at Lang & Schwarz on October 12, 2026 at 4:40 p.m. CEST. The stock's NYSE quote was USD 966.70 at 10:48 a.m. EDT, with the annual range extending from USD 717.02 to USD 1,099.94.

The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.