21 stories mentioning PHUpdated 22d ago
Every FINWIRES story that references PH, newest first.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Berend Bracht, Vice President and President, Motion Systems Group, on August 26, 2026, sold 602 shares in Parker-Hannifin (PH) for $626,363. Following the Form 4 filing with the SEC, Bracht has control over a total of 4,399 common shares of the company, with 4,399 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/76334/000007633426000135/xslF345X05/form4.xml
Jay Reidy, Vice President and President, Aerospace Group, on August 14, 2026, sold 300 shares in Parker-Hannifin (PH) for $316,731. Following the Form 4 filing with the SEC, Reidy has control over a total of 4,182 common shares of the company, with 4,013 shares held directly and 169 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/76334/000007633426000084/xslF345X05/form4.xml
Parker-Hannifin (PH) said Thursday it has closed the buyout of Filtration Group.Filtration Group will likely add about $1.80 billion to Parker-Hannifin's fiscal 2027 sales in the first 10.5 months of ownership, Parker-Hannifin said.The buyout will likely be neutral to adjusted earnings in fiscal Q1 2027 and accretive to adjusted earnings for fiscal 2027, the company added.Price: $1067.72, Change: $-1.80, Percent Change: -0.17%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,133.41, according to analysts polled by FactSet.Price: $1081.25, Change: $+11.45, Percent Change: +1.07%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,133.41, according to analysts polled by FactSet.Price: $1081.25, Change: $+11.45, Percent Change: +1.07%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,133.41, according to analysts polled by FactSet.Price: $1081.25, Change: $+11.45, Percent Change: +1.07%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,147.41, according to analysts polled by FactSet.Price: $1081.25, Change: $+11.45, Percent Change: +1.07%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,133.41, according to analysts polled by FactSet.Price: $1081.25, Change: $+11.45, Percent Change: +1.07%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,133.41, according to analysts polled by FactSet.Price: $1081.25, Change: $+11.45, Percent Change: +1.07%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,133.41, according to analysts polled by FactSet.Price: $1081.25, Change: $+11.45, Percent Change: +1.07%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,133.41, according to analysts polled by FactSet.Price: $1081.25, Change: $+11.45, Percent Change: +1.07%
(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were mixed pre-bell Thursday amid reports that Iran and Oman are close to an agreement regarding passage through the Strait of Hormuz.Dow Jones Industrial Average futures were 0.2% higher, S&P 500 futures were up 0.1%, and Nasdaq futures were 0.6% lower.Iran's Foreign Ministry spokesperson Esmaeil Baghaei said that a joint announcement is being finalized regarding a shipping route through the waterway, which lies between Iran and Oman. An Iranian government official told MS Now that the temporary deal aims to allow the restart of the ceasefire between the US and Iran and the beginning of another 60-day round of negotiations, according to a CNBC report.Traders digested the latest round of earnings, with ConocoPhillips (COP) reporting higher adjusted earnings and revenue for Q2.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.7% at $80.78 per barrel and US West Texas Intermediate crude 1.5% higher at $76.37 per barrel.The weekly jobless claims bulletin, released at 8:30 am ET, showed 199,000 new unemployment claims for the week ended Aug. 1, compared with the upwardly revised figure of 198,000 in the prior week, and the 205,000 expected, according to estimates compiled by Bloomberg. Q2 nonfarm productivity increased at a 1.4% annual rate, above forecasts for 0.6%, while unit labor costs increased 1.3%, compared with the 2.1% expected.Federal Reserve St. Louis President Alberto Musalem is slated to speak on Thursday.In other world markets, Japan's Nikkei closed 0.9% lower, Hong Kong's Hang Seng ended 1.5% lower, and China's Shanghai Composite finished 0.6% higher. Meanwhile, the UK's FTSE 100 was up 0.1%, and Germany's DAX index was 0.2% higher in Europe's early afternoon session.In equities, Sandisk (SNDK) shares dropped more than 10% despite the company posting a fiscal Q4 adjusted earnings and revenue beat. Western Digital (WDC) stock was down 15% after the company reported its fiscal Q4 financial results late Wednesday. AppLovin (APP) shares plunged 19% after the company's Q2 revenue fell short of market expectations.On the winning side, ConocoPhillips stock rose 2.1% after the company reported a Q2 adjusted earnings and revenue beat. Parker-Hannifin (PH) shares jumped 8.2% after the company posted better-than expected fiscal Q4 adjusted earnings and net sales. Howmet Aerospace (HWM) stock was up 3.5% after the company reported Q2 adjusted earnings and revenue that surpassed analysts' consensus and boosted its 2026 guidance.
US equity markets were mostly pointing higher before the opening bell Thursday as investors assess prospects for a potential deal between Iran and Oman over the Strait of Hormuz and await the latest batch of corporate earnings.The S&P 500 edged up 0.1% and the Dow Jones Industrial Average rose 0.2% in premarket activity, while the Nasdaq declined 0.3%. The Nasdaq and S&P 500 finished the previous trading session lower, while the Dow logged a fresh closing high for a third straight day.Iranian Deputy Foreign Minister Kazem Gharibabadi reportedly said Thursday that an "understanding" between Iran and Oman regarding the Strait of Hormuz is close to being finalized, CNBC reported. Gharibabadi noted that the path of understanding is between the two countries and no negotiations have taken place with the US during this period.Earlier in the week, President Donald Trump reportedly said an agreement to reopen the strait, the world's most important chokepoint for crude flows, was imminent.West Texas Intermediate crude oil dipped 0.1% to $75.16 a barrel before the open, while Brent was slightly in the green at $79.47.ConocoPhillips (COP), Parker Hannifin (PH), Datadog (DDOG), Warner Bros. Discovery (WBD), Becton Dickinson (BDX), Keurig Dr Pepper (KDP), Kenvue (KVUE), Restaurant Brands International (QSR), Fiserv (FISV), Ralph Lauren (RL), Fox (FOX, FOXA), US Foods (USFD) and Unity Software (U) report their latest financial results before the bell, among others.Cloudflare (NET), Monster Beverage (MNST) and Airbnb (ABNB) are scheduled to post their earnings after the markets close.Shares of Applovin (APP) dropped 16% pre-bell after the mobile technology provider's second-quarter revenue fell short of market estimates. DoorDash (DASH) gained 2.4% as the company delivered a second-quarter revenue beat amid order momentum. SanDisk (SNDK) fell 8.9% following its latest quarterly results.Employers in the US announced 33,429 layoffs in July, down 27% from the month prior and 46% year over year, according to Challenger, Gray & Christmas' latest report. The weekly jobless claims bulletin is out at 8:30 am ET.On Wednesday, ADP (ADP) data showed that private-sector employment in the US increased less than expected last month as gains were concentrated in services. The government's nonfarm payrolls report for July is due on Friday.Treasury yields were trending higher in premarket action, with the two-year rate inclining 2.1 basis points to 4.2% and the 10-year rate adding 1 basis point to 4.63%.Federal Reserve Bank of St. Louis President Alberto Musalem is slated to speak at 5:30 pm.Gold traded up 0.5% at $4,328 per troy ounce, while bitcoin decreased 0.4% to $64,606.
Upcoming quarterly results of major companies in the machinery, infrastructure services and multi-industry domains are poised to benefit from a continued expansion in the US manufacturing sector and strong demand trends, Truist Securities said Thursday.The manufacturing sector has now expanded for six straight months following a three-year contraction, according to the brokerage."Demand trends remain strong across the group, with continued support from secular growth tailwinds associated with power, data center, (artificial intelligence), aerospace and defense, (heating, ventilation, and air conditioning), and infrastructure," Truist analysts, including Jamie Cook, said in a note to clients.These are complemented by improving demand across construction, commercial vehicles, semiconductors, oil and gas, as well as mining, according to Cook."While farm equipment markets remain depressed in 2026, there is some optimism for market improvement above the trough heading into 2027," Cook wrote. "We expect order trends in the second quarter to remain strong and that strength in orders should begin to translate more into organic growth, which has lagged."Within machinery, Caterpillar (CAT) is likely to deliver another strong quarter and beat sales and margin outlook, driven by power and construction business, as well as reaccelerating oil and gas, and mining divisions, according to the note."For farm equipment, we believe the focus will be more on the setup for 2027 and Deere's (DE) commentary on the early order program for 2027 after disappointing in 2026," Cook said.Truist expects infrastructure solutions company Quanta Services (PWR) to post an earnings beat and raise guidance. Underappreciated data center and pipeline opportunities are likely key upside drivers for MasTec (MTZ), according to Truist. "MasTec has already communicated to the market confidence in its ability to grow (earnings per share) at a 20% (compound annual growth rate) through 2028," Cook wrote.The brokerage said it would be buyers of Parker-Hannifin (PH) at existing levels."We believe (Parker-Hannifin's) modestly disappointing industrial incremental margins were contained in the last quarter and that the setup for (2027) is strong, with the potential to deliver healthy incrementals in both industrial and aerospace," Cook said.Price: $956.71, Change: $-34.70, Percent Change: -3.50%
Parker-Hannifin (PH) has an average rating of overweight and mean price target of $1,046.08, according to analysts polled by FactSet.
KKR (KKR) signed a definitive deal to sell its CIRCOR Aerospace division to Parker-Hannifin (PH) for $2.55 billion, according to a Thursday statement.Funds managed by KKR will continue to own CIRCOR's naval and industrial businesses following the transaction, KKR said. The acquisition is expected to close in H2, the company added.Price: $93.76, Change: $-0.59, Percent Change: -0.63%
KKR to Sell CIRCOR Aerospace Division to Parker-Hannifin for $2.55 Billion
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Following the recent pullback in shares and encouraging Q3 FY 26 (Jun.) results, we lift our 12-month target by $50 to $1,050 and upgrade our view on shares to Buy from Hold. We value shares at 30.5x our FY 27 EPS outlook of $34.42 (up from $33.35; FY 26 EPS view revised to $31.20 from $30.90), above the company's long-term multiple average given an accelerated growth trajectory within aerospace markets. PH's Diversified Industrial business is beginning to inflect into recovery, with orders above 7% in NA signaling a cyclical uptrend. Q3 structural improvements in margins inform our upgraded outlook for earnings in FY 26-FY 27, with negative mix impacts from outsized growth in lower-margin OEM products being more than offset by strong operational execution. With greater participation in growth across the portfolio, PH once again deploying capital to synergistic M&A, and margin expansion still in full swing, we believe that shares are positioned to outperform over the next 12 months.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:PH delivered strong Q3 FY results with sales of $5.5B (+11% Y/Y) and adjusted EPS of $8.17 (+18% Y/Y), reflecting broad-based momentum and 6.5% organic growth across segments. The results demonstrate healthy end-market demand. The Aerospace Systems and Diversified Industrial segments contributed meaningfully to overall performance. Aerospace Systems achieved $1.81B in revenue (+15.5% Y/Y) with 14.2% organic growth, resulting in record adjusted operating margins of 29.5% (+80 bps Y/Y). The segment benefited from 22% commercial OEM growth and 14% aftermarket expansion as aircraft build rates accelerate. Order rates remained robust at +14% with record backlogs supporting future growth. The Diversified Industrial recovery gained further traction, with 3.0% organic growth and record margins of 25.3%. North America achieved 2.8% growth, while International operations saw a 3.3% expansion. We believe the sustained aerospace momentum and accelerating industrial recovery position PH well for continued outperformance.
The industrial sector likely saw strong demand in the first quarter, despite concerns around the impact of the Iran war, Truist Securities said in a note on Friday.The broader momentum is attributable to improved demand in machinery markets and growth across data centers, aerospace, and heating, ventilation and air conditioning, according to the note."Rising input costs tied to the Iran war are manageable in the short term," Truist analysts, including Jamie Cook, said.While there are worries tied to tariffs, "we would be more concerned about a prolonged war with Iran and the potential macro repercussions," Cook said.Oil prices plunged on Friday after Iran opened the Strait of Hormuz following a ceasefire agreement between Lebanon and Israel. Energy prices have surged following the US-Israel war with Tehran. US President Donald Trump has expressed optimism over the prospects of a deal with Iran ahead of the expiration of a two-week ceasefire between the two sides."We see a positive setup for first-quarter prints across machinery, multi-industry and infrastructure services," Cook wrote.Within the machinery industry, the brokerage maintained 2026 estimates for Deere (DE), AGCO (AGCO) and CNH Industrial (CNH) amid order momentum. Caterpillar (CAT) is expected to deliver another strong quarter, Cook said.Infrastructure service companies AECOM (ACM) and Jacobs (J) must convince investors with sustainable organic growth and margin improvement, though Jacobs is seen posting a solid quarter.Multi industry player Parker-Hannifin (PH) is on track for continued earnings beats and raises, with signs that industrial organic growth is improving, Cook said. AMETEK (AME) is recovering and holds capacity for more deals, according to the research note.AMETEK completed its acquisition of Faro Technologies in 2025.
Showing 1-20 of 21
