Jefferies lifts Parker-Hannifin's PT after fourth-quarter results top estimates

Parker-Hannifin

08/08/2025 11:13

** Jefferies raises motion control products maker Parker-Hannifin's PH.N price target to $880 from $775, a 21.3% premium from stock's last close

** Maintains 'buy' rating

** Co on Thursday posted Q4 profit and revenue above Wall Street estimate

     ** Brokerage says co is maintaining strong profit margins despite weak industrial markets, backed by smart planning and cost control measures

** Growth in aerospace and defense segment is also boosting margins, and company expects this momentum to continue - Jefferies

** Jefferies revises 2025 EPS forecast to $27.33 from $26.70 and also raises annual revenue forecast to $19.85 bln from $19.66 bln

** Eighteen of 24 brokerages rate the stock "buy" or higher, six "hold"; median PT is $800 - data compiled by LSEG

** Stock up 14% YTD

 (Reporting by Apratim Sarkar)

 ((Apratim.Sarkar@thomsonreuters.com))