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Parker-Hannifin Q4 sales rise 9.8%, beat estimates

Parker-Hannifin Q4 sales rise 9.8%, beat estimates


Overview

  • U.S. motion and control tech firm's fiscal Q4 sales rose nearly 10%, beating analyst expectations

  • Adjusted EPS for fiscal Q4 beat consensus, rising 21% year-over-year

  • Company cites broad-based industrial recovery and double-digit aerospace growth as key drivers


Outlook

  • Parker-Hannifin expects fiscal 2027 reported and organic sales growth of 5.5% to 8.5%

  • Company sees fiscal 2027 segment operating margin of 24.5% to 24.9%, or 27.5% to 27.9% adjusted

  • Parker-Hannifin forecasts fiscal 2027 EPS of $30.00 to $31.00, or $34.25 to $35.25 adjusted


Result Drivers

  • AEROSPACE GROWTH - Co said double-digit sales growth across all aerospace market segments drove record results

  • ASIA-PACIFIC DEMAND - Co said Asia led international segment sales with 16% organic growth

  • ORDER BACKLOG - Co said backlog increased to a record $12.8 bln, with increases in all segments


Company press release: ID:nGNX653g8j


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Beat

$5.76 bln

$5.57 bln (18 Analysts)

Q4 Adjusted EPS

Beat

$9.27

$8.27 (20 Analysts)

Q4 EPS

$8.54

Q4 Net Income

$1.10 bln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 6 "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 $1,050.00, about 5.3% above its August 5 closing price of $996.90

  • The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 27 three months ago


Reuters Recommended Reads

  • Aug 4 - Caterpillar lifts 2026 sales growth forecast as AI buildout powers on

  • Aug 5 - Newly spun-off Honeywell Aerospace cuts 2026 forecast on supply-chain woes

  • Aug 4 - TransDigm lifts 2026 forecast on robust aftermarket aircraft parts demand


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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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