Parker-Hannifin rises after co raises annual profit forecast

Parker-Hannifin

29/01/2026 14:52

** Shares of motion control products maker Parker-Hannifin PH.N up 4.5% at $957.2 in morning trading

** Co raises FY profit forecast, driven by strong aerospace demand and continued growth in its filtration business segment

** Now expects adjusted FY26 profit per share between $30.40 and $31.00, up from $29.60 and $30.40 earlier

** Posts Q2 adjusted profit per share of $7.65, compared with $6.53 a year ago

** PH gained 38.2% in 2025

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))