Parker-Hannifin jumps after record Q4 results and stronger FY27 outlook

Parker-Hannifin Corporation (PH) is up 9.4% today. Here is some analysis on what might have caused this price movement. ([investors.parker.com](https://investors.parker.com/news-events/press-releases/detail/509/parker-reports-record-fiscal-2026-fourth-quarter-and-full))

Analysis: The most likely driver is a strong earnings reaction after Parker-Hannifin posted record fiscal fourth-quarter and full-year results, issued fiscal 2027 guidance that points to another record year, and lifted its long-term adjusted segment operating margin target. Investors also appear to be responding to strong order growth, record backlog, and broad-based strength in aerospace and industrial markets. ([investors.parker.com](https://investors.parker.com/news-events/press-releases/detail/509/parker-reports-record-fiscal-2026-fourth-quarter-and-full))

Details:

Fiscal fourth-quarter sales rose 9.8% to a record $5.8 billion, while adjusted EPS increased 21% to a record $9.27. ([investors.parker.com](https://investors.parker.com/news-events/press-releases/detail/509/parker-reports-record-fiscal-2026-fourth-quarter-and-full))

For fiscal 2027, the company guided to reported and organic sales growth of 5.5% to 8.5% and adjusted EPS of $34.25 to $35.25, excluding the pending Filtration Group and CIRCOR aerospace deals. ([investors.parker.com](https://investors.parker.com/news-events/press-releases/detail/509/parker-reports-record-fiscal-2026-fourth-quarter-and-full))

Parker raised its adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031 after saying it had already surpassed its previous 27% target in fiscal 2026. ([investors.parker.com](https://investors.parker.com/news-events/press-releases/detail/509/parker-reports-record-fiscal-2026-fourth-quarter-and-full))

Operating momentum looked solid beyond the headline numbers, with total backlog reaching a record $12.8 billion and aerospace backlog rising to a record $8.5 billion as order rates increased across all major segments. ([investors.parker.com](https://investors.parker.com/news-events/press-releases/detail/509/parker-reports-record-fiscal-2026-fourth-quarter-and-full))

Sources:

Parker Hannifin Investor Relations, SEC, OpenAI Finance ([investors.parker.com](https://investors.parker.com/news-events/press-releases/detail/509/parker-reports-record-fiscal-2026-fourth-quarter-and-full))

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PH Insider Trading Activity

$PH insiders have traded $PH stock on the open market 30 times in the past 6 months. Of those trades, 0 have been purchases and 30 have been sales.

Here’s a breakdown of recent trading of $PH stock by insiders over the last 6 months:

JENNIFER A PARMENTIER (Chief Executive Officer) has made 0 purchases and 9 sales selling 4,706 shares for an estimated $4,690,288.
ANDREW D ROSS (President & COO) has made 0 purchases and 10 sales selling 4,664 shares for an estimated $4,659,338.
MARK J HART (EVP-HR & External Affairs) sold 2,804 shares for an estimated $2,829,572
TODD M. LEOMBRUNO (EVP & CFO) has made 0 purchases and 6 sales selling 2,062 shares for an estimated $2,066,814.
THOMAS C GENTILE (VP-Global Supply Chain) sold 1,326 shares for an estimated $1,328,002
BEREND BRACHT (VP & Pres.- Motion Sys. Grp.) sold 1,127 shares for an estimated $1,129,400
PATRICK SCOTT (VP & Pres.-Fluid Conn.) sold 833 shares for an estimated $818,888
RACHID BENDALI (VP & Pres.- Eng. Mat. Grp.) sold 412 shares for an estimated $414,776

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$PH Hedge Fund Activity

We have seen 851 institutional investors add shares of $PH stock to their portfolio, and 768 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL WORLD INVESTORS removed 974,240 shares (-37.5%) from their portfolio in Q1 2026, for an estimated $872,178,617
PRICE T ROWE ASSOCIATES INC /MD/ removed 754,730 shares (-28.1%) from their portfolio in Q1 2026, for an estimated $675,664,485
ARISTOTLE CAPITAL MANAGEMENT, LLC removed 592,976 shares (-21.8%) from their portfolio in Q1 2026, for an estimated $530,855,834
BANK OF AMERICA CORP /DE/ removed 443,301 shares (-11.3%) from their portfolio in Q1 2026, for an estimated $396,860,787
MORGAN STANLEY added 421,312 shares (+19.8%) to their portfolio in Q1 2026, for an estimated $377,175,354
BLACKROCK, INC. added 409,912 shares (+4.3%) to their portfolio in Q1 2026, for an estimated $366,969,618
QUBE RESEARCH & TECHNOLOGIES LTD added 364,565 shares (+362.1%) to their portfolio in Q1 2026, for an estimated $326,373,170

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$PH Government Contracts

We have seen $80,468,694 of award payments to $PH over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

REPAIR OF THE C 5 MANIFOLD ASSY, INBOARD ELEVATOR: $9,364,789
MANUFACTURING AND REMANUFACTURING OF VALUES, PUMPS, FUEL NOZZLES, SENSORS, INDICATORS, MANIFOLDS, ETC TO SU...: $3,032,081
NOZZLE, FUEL, INJECTI SUPPORTING THE F110 ENGINE.: $2,660,901
ACTUATORS PBL: $2,448,220
8511554104!CYLINDER ASSEMBLY,A: $1,863,742

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$PH Congressional Stock Trading

Members of Congress have traded $PH stock 9 times in the past 6 months. Of those trades, 6 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $PH stock by members of Congress over the last 6 months:

REPRESENTATIVE DAVID TAYLOR has traded it 6 times. They made 3 purchases worth up to $45,000 on 05/15, 03/12 and 3 sales worth up to $45,000 on 02/26, 02/09.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
REPRESENTATIVE JARED MOSKOWITZ has traded it 2 times. They made 2 purchases worth up to $30,000 on 03/23 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$PH Analyst Ratings

Wall Street analysts have issued reports on $PH in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 05/07/2026

To track analyst ratings and price targets for $PH, check out Quiver Quantitative's $PH forecast page.

$PH Price Targets

Multiple analysts have issued price targets for $PH recently. We have seen 9 analysts offer price targets for $PH in the last 6 months, with a median target of $1060.0.

Here are some recent targets:

Jamie Cook from Truist Securities set a target price of $1269.0 on 07/02/2026
Varun Govindaraj from Bernstein set a target price of $1026.0 on 06/10/2026
Joseph O'Dea from Wells Fargo set a target price of $950.0 on 05/26/2026
Chigusa Katoku from JP Morgan set a target price of $1060.0 on 05/07/2026
Andrew Kaplowitz from Citigroup set a target price of $1141.0 on 05/01/2026
Nathan Jones from Stifel set a target price of $1000.0 on 04/10/2026
Daniel DiCicco from BMO Capital set a target price of $1090.0 on 03/27/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.