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
Metric
Beat/Miss
Actual
Consensus 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
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(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.)