Bank of America keeps USD 1,200.00 target for Parker-Hannifin stock
Published on 10/27/2026 at 17:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Bank of America Securities maintained a USD 1,200.00 target on October 23, 2026.
- Parker-Hannifin plans to release fiscal first-quarter results on November 5, 2026.
- Parker-Hannifin stock was at EUR 810.60 at Lang & Schwarz on October 27, 2026 at 5:03 p.m. CET.
- Fiscal fourth-quarter revenue reached USD 5.76 billion, up 9.92 percent year over year.
Parker-Hannifin stock has a USD 1,200.00 price target from Bank of America Securities, leaving the target 32.88 percent above the USD 903.03 primary-market price on October 27, 2026. In a report dated October 23, 2026, Andrew Obin maintained a Buy rating and the target, as Markets Insider reported. Parker-Hannifin was trading at EUR 810.60 at Lang & Schwarz on October 27, 2026 at 5:03 p.m. CET.
Results date is November 5
Parker-Hannifin plans to release fiscal 2027 first-quarter results before the US market opens on November 5, 2026, followed by a conference call at 11:00 a.m. Eastern time. The company announced the date on October 20, 2026, in a release distributed through GlobeNewswire.
Stock stays below its yearly high
The USD 903.03 primary-market price was 17.90 percent below the 52-week high of USD 1,099.94 and 19.60 percent above the low of USD 755.10 on October 27, 2026. Trading volume stood at 177,327 shares at 12:07 p.m. Eastern time, while the stock was down 0.15 percent in that primary-market snapshot.
Revenue sets the next benchmark
Parker-Hannifin reported fiscal fourth-quarter revenue of USD 5.76 billion and net profit of USD 1.09 billion for the quarter ended June 30, 2026. Revenue was USD 5.24 billion in the comparable quarter, making the year-over-year increase 9.92 percent, according to Markets Insider. The quote carried a price-to-earnings ratio of 31.71 and a trailing dividend yield of 1.00 percent on October 27, 2026.
Comparison with peers
Parker-Hannifin: down 0.15 percent, price-to-earnings ratio 31.71, market capitalization USD 113.9 billion.
ITT Inc. (NYSE, USD): up 1.93 percent, price-to-earnings ratio 38.13, market capitalization USD 17.4 billion.
AMETEK (NYSE, USD): up 1.03 percent, price-to-earnings ratio 35.84, market capitalization USD 56.2 billion.
Price and next test
The November 5 results will give investors a fresh operating reference after the fiscal fourth-quarter revenue increase. The October 23 target from Bank of America Securities remains materially above the primary-market price, while the German-market euro quote was EUR 810.60 at Lang & Schwarz on October 27, 2026 at 5:03 p.m. CET.
The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.
Parker-Hannifin market facts
- Company: Parker-Hannifin Corporation
- ISIN: US7010941042
- Ticker: PH
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 5:03 p.m. CET): EUR 810.60
- Market capitalization: USD 113.9 billion (as of October 27, 2026)
- 52-week range: USD 755.10-1,099.94 (as of October 27, 2026)
- Sector / Industry: Industrials / Industrial Machinery
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
