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PH — Parker-Hannifin News Story

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Parker-Hannifin Q1 sales hit record $5.1 bln

Overview

Parker-Hannifin fiscal Q1 sales hit record $5.1 bln, with 5% organic growth

Adjusted EPS for fiscal Q1 increased by 16%, reflecting operational excellence

Company repurchased $475 mln of shares, indicating confidence in future performance

Outlook

Parker Hannifin raises FY26 sales growth outlook to 4.0%-7.0%

Company increases FY26 EPS guidance to $25.53-$26.33

Parker Hannifin sees FY26 segment margin at 23.6%-24.0%

Result Drivers

AEROSPACE DEMAND - Strong demand in aerospace contributed to record sales and adjusted segment operating margin

INDUSTRIAL GROWTH - Gradual return to growth in industrial businesses supported organic sales increase

ORDER RATE INCREASE - Increased order rates across all segments supported positive outlook

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 EPS$6.29
Q1 Net Income$808 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell" The average consensus recommendation for the industrial machinery & equipment peer group is "buy" Wall Street's median 12-month price target for Parker-Hannifin Corp is $825.00, about 6.2% above its November 5 closing price of $774.15 The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 25 three months ago Press Release: ID:nGNX2dKqRP For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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