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.)
Recent news on Parker-Hannifin
See all newsQiagen names Filtration Group's Pratt as CEO; shares down
Brief: Parker Completes Acquisition Of Filtration Group Corporation
S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT
U.S. STOCKS ON THE MOVE-Braveheart Bio, Paysign, Hertz Global
U.S. STOCKS ON THE MOVE-Ralph Lauren, Sempra, Parker-Hannifin, Lincoln International