Parker-Hannifin Corp (PH) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Parker-Hannifin Corp (PH) stock forecast summary
Our AI ranks Parker-Hannifin Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Parker-Hannifin Corp is a large-cap company with a market capitalization of $121.43B. It ranks number 1 by market capitalization among the 9 Miscellaneous Fabricated Metal Products issuers in our coverage with a current forecast.
For PH, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 31.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How PH ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Parker-Hannifin Corp (PH) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Miscellaneous Fabricated Metal Products peers listed below that report each metric.
Valuation & Market
| Metric | PH | Rank |
|---|---|---|
| Market Cap | $121.43B | 1/9 |
| P/E Ratio | 33.82x | 3/5 |
| P/B Ratio | 7.88x | 2/9 |
| Dividend Yield | 0.77% | – |
| EPS | $28.48 | – |
| Book Value/Share | $122.21 | – |
| Revenue/Share | $170.56 | – |
| FCF/Share | $30.98 | – |
Profitability & Margins
| Metric | PH | Rank |
|---|---|---|
| ROE | 25.5% | 1/5 |
| ROA | 12.7% | 2/5 |
| Gross Margin | 37.7% | 4/6 |
| Operating Margin | 22.9% | 1/6 |
| Net Margin | 17.7% | 1/5 |
| EBT Margin | 20.6% | 1/6 |
| Tax Rate | 20.0% | – |
Financial Health
| Metric | PH | Rank |
|---|---|---|
| D/E Ratio | 1.00x | 3/9 |
| Financial Leverage | 2.00x | 3/9 |
| Interest Coverage | 3.8x | 5/8 |
Cash Flow
| Metric | PH | Rank |
|---|---|---|
| Operating Cash Flow | $4.36B | 1/6 |
| Free Cash Flow | $3.90B | – |
| Capital Spending | -$459M | – |
| OCF Growth YoY | 15.6% | 3/5 |
| FCF Growth YoY | 15.3% | – |
| FCF/Sales | 18.2% | – |
| CapEx/Sales | 2.1% | – |
Operational Efficiency
| Metric | PH | Rank |
|---|---|---|
| Asset Turnover | 0.70x | – |
Income Statement
| Metric | PH | Rank |
|---|---|---|
| Total Revenue | $21.50B | – |
| Operating Income | $5.07B | 1/6 |
| Net Income | $3.93B | 1/5 |
| SG&A Expense | $3.47B | 1/5 |
| Cost of Goods Sold | $13.40B | 1/6 |
Dividend & Shareholder Information
| Metric | PH | Rank |
|---|---|---|
| Dividends Per Share | $7.43 | – |
| Payout Ratio | 26.1% | – |
| Shares Outstanding | 126M | – |
| Net Income Growth | 8.0% | 4/5 |
| EPS Growth | 5.0% | 4/5 |
Balance Sheet Highlights (USD millions)
| Total Liabilities | $15.46B | 50.1% of assets |
PH quarterly financials and insider trading
Parker-Hannifin Corp (PH) industry peers
Companies classified under the same SEC industry code as Parker-Hannifin Corp (Miscellaneous Fabricated Metal Products): 9 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| PH Parker-Hannifin Corp | ▼ | $121.43B |
| WTS Watts Water Technologies Inc | ▼ | $11.91B |
| CR Crane Nxt, Co. | ▼ | $11.85B |
| MWA Mueller Water Products, Inc. | ▶ | $3.40B |
| HLIO Helios Technologies, Inc. | ▼ | $2.23B |
| ELMT Elmet Group Co. | ▶ | $577M |
| AIOS Aios Tech Inc. | ▶ | $90M |
| HIHO Highway Holdings Ltd | ▶ | $4M |
| AREB American Rebel Holdings Inc | ▼ | $2M |
Where PH sits on the market map
Parker-Hannifin Corp (PH) stock news
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Parker-Hannifin Corp (PH) stock forecast FAQ
What is the Parker-Hannifin Corp (PH) stock forecast?
Our AI ranks Parker-Hannifin Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Parker-Hannifin Corp stock predictions?
For PH, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 31.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Parker-Hannifin Corp forecasts updated?
Parker-Hannifin Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Parker-Hannifin Corp's industry peers?
9 issuers in our coverage, PH included, share the SEC industry code Miscellaneous Fabricated Metal Products. The largest are: Watts Water Technologies Inc (WTS), Crane Nxt, Co. (CR), Mueller Water Products, Inc. (MWA), Helios Technologies, Inc. (HLIO), Elmet Group Co. (ELMT), Aios Tech Inc. (AIOS).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.