Parker-Hannifin stock reports record fiscal 2026 results

Parker-Hannifin stock (ISIN US7010941042) stood at USD 971.21 on Nasdaq on September 23, 2026, while its market capitalization reached USD 122.46 billion. The industrial machinery company reported record fiscal 2026 results for the year ended June 30, 2026, giving the shares a clear earnings anchor.

Sales reach USD 21.5 billion

According to Stock Titan, fiscal 2026 sales rose 8.3 percent to USD 21.5 billion. Net income reached USD 3.6 billion, while diluted EPS increased 5 percent to USD 28.48.

The more important operating comparison is adjusted EPS, which increased 18 percent to USD 32.31. Operating cash flow reached USD 4.4 billion, equal to 20.3 percent of sales, giving Parker capacity to fund acquisitions, dividends and share repurchases.

Dividend streak reaches 70 years

Yahoo Finance reported that Parker increased its annual dividend by 11 percent in fiscal 2026, extending its dividend growth streak to 70 consecutive fiscal years. The company also returned nearly USD 2 billion to shareholders during the year.

That combination separates Parker from a simple cyclical recovery story: fiscal 2026 sales growth, adjusted EPS growth and cash generation all moved higher together. The trade-off is income scale, because the share price is high relative to the cash payout and the yield remains modest.

Analyst target near the market price

On September 2, 2026, Investing.com reported that Stifel reiterated a Hold rating and a USD 1,075 price target. The target stands USD 103.79 above the September 23 price, a gap of 10.7 percent.

Stock remains below yearly high

Parker-Hannifin stock stood at USD 971.21 on Nasdaq on September 23, 2026, with a 52-week range of USD 715.37 to USD 1,099.94. The price was 11.7 percent below the 52-week high, leaving fiscal 2026 earnings growth and cash conversion as the key measured reference points for the shares.