Parker-Hannifin stock: Stifel cuts target from USD 1,075 to USD 1,002

Published on 10/23/2026 at 16:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fourth-quarter revenue rose 9.80 percent. Parker-Hannifin stock costs EUR 783.80 on October 23, 2026, minus 1.83 percent versus Xetra close.

Analyst target and operating figures

Stifel cut its Parker-Hannifin target from USD 1,075.00 to USD 1,002.00 on October 19, 2026.
Fourth-quarter revenue reached USD 5.75 billion, up 9.80 percent year over year.
Parker-Hannifin stock costs EUR 783.80 at Lang & Schwarz on October 23, 2026 at 4:30 p.m. CEST, 1.83 percent below the Xetra close of October 22, 2026.
The stock traded at 30.80 times earnings with a USD 110.7 billion market capitalization on October 23, 2026.

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Parker-Hannifin (ISIN US7010941042) is facing a lower analyst target after Investing.com reported on October 19, 2026 that Stifel cut its target from USD 1,075.00 to USD 1,002.00 while retaining a Hold rating. The stock was trading at EUR 783.80 at Lang & Schwarz on October 23, 2026 at 4:30 p.m. CEST, down 1.83 percent versus the Xetra close of October 22, 2026 at EUR 798.40.

Revenue growth sets the baseline

The latest reported quarter delivered a stronger operating base than the target reduction alone suggests. MarketBeat said Parker-Hannifin reported USD 5.75 billion of revenue in its fiscal fourth quarter ended June 30, 2026, up 9.80 percent from the same quarter a year earlier. Adjusted earnings per share reached USD 9.27, compared with USD 7.69 in the prior-year quarter, and exceeded the USD 8.31 consensus estimate.

The company set fiscal 2027 adjusted earnings-per-share guidance at USD 34.25 to USD 35.25. Stifel linked its target decision to high expectations despite strong initial guidance and order growth, making execution against that range the central operating test for the next report.

Stock sits 20.18 percent below its high

On the NYSE, Parker-Hannifin was last quoted at USD 878.00 on October 23, 2026 at 10:31 a.m. ET. Its 52-week range was USD 755.10 to USD 1,099.94, placing the quote 16.27 percent above the low and 20.18 percent below the high. Trading volume was 162,117 shares against an average of 611,753 shares at that time.

Valuation at 30.80 times earnings

The company carried a market capitalization of USD 110.7 billion and a trailing price-to-earnings ratio of 30.80 on October 23, 2026. Its quarterly dividend was USD 2.00 per share, while MarketBeat reported an annualized dividend of USD 8.00 and a 0.90 percent yield after the September 11, 2026 payment.

Comparison with peers

Parker-Hannifin: down 1.83 percent versus the Xetra close, price-to-earnings ratio 30.80, market capitalization USD 110.7 billion.

Eaton (NYSE, USD): down 1.19 percent, price-to-earnings ratio 37.03, market capitalization USD 141.6 billion.

Emerson Electric (NYSE, USD): down 0.42 percent, price-to-earnings ratio 34.86, market capitalization USD 89.0 billion.

Target cut meets a high bar

Stifel's new USD 1,002.00 target remains 14.12 percent above the USD 878.00 NYSE quote. That gap leaves the analyst view positive on absolute value, but the lower target puts more weight on whether fiscal 2027 guidance and order growth translate into the expected earnings expansion.

Parker-Hannifin was trading at EUR 783.80 at Lang & Schwarz on October 23, 2026 at 4:30 p.m. CEST, 1.83 percent below the Xetra close of October 22, 2026 at EUR 798.40. The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.