Parker Hannifin (PH)
Market Price (9/21/2026): $963.37 | Market Cap: $121.7 BilInvestor Relations Sector: Industrials | Industry: Industrial Machinery & Supplies & Components
Parker Hannifin (PH)
Market Price (9/21/2026): $963.37Market Cap: $121.7 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 22% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%, CFO LTM is 4.4 Bil, FCF LTM is 3.9 Bil Stock buyback supportStock Buyback 3Y Total is 3.4 Bil Low stock price volatilityVol 12M is 26% Megatrend and thematic driversMegatrends include Automation & Robotics, Hydrogen Economy, Electrification of Everything, Advanced Aviation & Space, Show more. | Key risksPH key risks include [1] tepid demand in key end-markets such as construction and agriculture. |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 22% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%, CFO LTM is 4.4 Bil, FCF LTM is 3.9 Bil |
| Stock buyback supportStock Buyback 3Y Total is 3.4 Bil |
| Low stock price volatilityVol 12M is 26% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, Hydrogen Economy, Electrification of Everything, Advanced Aviation & Space, Show more. |
| Key risksPH key risks include [1] tepid demand in key end-markets such as construction and agriculture. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 9/1/2026
Parker Hannifin (PH) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Parker Hannifin reported stronger-than-expected financial results for its fiscal fourth quarter 2026 (ended June 30, 2026). The company announced on August 6, 2026, an adjusted earnings per share (EPS) of $9.27, which surpassed the Zacks Consensus Estimate of $8.29, marking a 21% increase year-over-year. Total sales also reached a record $5.8 billion, exceeding the consensus estimate of $5.61 billion and representing a 9.8% year-over-year increase. Organic sales grew by 8%, and orders saw a significant 19% increase compared to the prior year.
2. The company issued an optimistic outlook for fiscal year 2027 (ending June 30, 2027), providing robust guidance that fueled investor confidence. Parker Hannifin projected reported sales growth of 5.5% to 8.5% and anticipated adjusted EPS in the range of $34.25 to $35.25, indicating continued growth from fiscal 2026's adjusted EPS of $32.31. Furthermore, the company raised its long-term adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031.
Show more
Parker Hannifin (PH) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Parker Hannifin reported stronger-than-expected financial results for its fiscal fourth quarter 2026 (ended June 30, 2026). The company announced on August 6, 2026, an adjusted earnings per share (EPS) of $9.27, which surpassed the Zacks Consensus Estimate of $8.29, marking a 21% increase year-over-year. Total sales also reached a record $5.8 billion, exceeding the consensus estimate of $5.61 billion and representing a 9.8% year-over-year increase. Organic sales grew by 8%, and orders saw a significant 19% increase compared to the prior year.
2. The company issued an optimistic outlook for fiscal year 2027 (ending June 30, 2027), providing robust guidance that fueled investor confidence. Parker Hannifin projected reported sales growth of 5.5% to 8.5% and anticipated adjusted EPS in the range of $34.25 to $35.25, indicating continued growth from fiscal 2026's adjusted EPS of $32.31. Furthermore, the company raised its long-term adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031.
Show more
Updated on 9/1/2026
Parker Hannifin (PH) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Parker Hannifin reported stronger-than-expected financial results for its fiscal fourth quarter 2026 (ended June 30, 2026). The company announced on August 6, 2026, an adjusted earnings per share (EPS) of $9.27, which surpassed the Zacks Consensus Estimate of $8.29, marking a 21% increase year-over-year. Total sales also reached a record $5.8 billion, exceeding the consensus estimate of $5.61 billion and representing a 9.8% year-over-year increase. Organic sales grew by 8%, and orders saw a significant 19% increase compared to the prior year.
2. The company issued an optimistic outlook for fiscal year 2027 (ending June 30, 2027), providing robust guidance that fueled investor confidence. Parker Hannifin projected reported sales growth of 5.5% to 8.5% and anticipated adjusted EPS in the range of $34.25 to $35.25, indicating continued growth from fiscal 2026's adjusted EPS of $32.31. Furthermore, the company raised its long-term adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031.
3. The broader U.S. industrial and manufacturing sector demonstrated sustained positive momentum during the period, contributing to a favorable macroeconomic environment for Parker Hannifin. The ISM Manufacturing PMI, a key indicator of manufacturing activity, showed expansion for several consecutive months, with readings of 55.6 in July 2026 and 54.6 in August 2026. This consistent expansion in factory activity and new orders signaled a healthy demand environment for industrial companies.
4. Analyst sentiment remained strongly positive, with numerous upgrades to price targets following the company's strong performance and outlook. Parker Hannifin currently holds a consensus "Buy" rating from analysts, with an average 12-month price target indicating significant upside potential from its trading price during the analyzed period. Several firms maintained or raised their price targets in August 2026, reinforcing confidence in the stock's future performance.
Show less
Parker Hannifin (PH) stock has gained about 10% since 5/31/2026 because of the following key factors:
1. Parker Hannifin reported stronger-than-expected financial results for its fiscal fourth quarter 2026 (ended June 30, 2026). The company announced on August 6, 2026, an adjusted earnings per share (EPS) of $9.27, which surpassed the Zacks Consensus Estimate of $8.29, marking a 21% increase year-over-year. Total sales also reached a record $5.8 billion, exceeding the consensus estimate of $5.61 billion and representing a 9.8% year-over-year increase. Organic sales grew by 8%, and orders saw a significant 19% increase compared to the prior year.
2. The company issued an optimistic outlook for fiscal year 2027 (ending June 30, 2027), providing robust guidance that fueled investor confidence. Parker Hannifin projected reported sales growth of 5.5% to 8.5% and anticipated adjusted EPS in the range of $34.25 to $35.25, indicating continued growth from fiscal 2026's adjusted EPS of $32.31. Furthermore, the company raised its long-term adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031.
3. The broader U.S. industrial and manufacturing sector demonstrated sustained positive momentum during the period, contributing to a favorable macroeconomic environment for Parker Hannifin. The ISM Manufacturing PMI, a key indicator of manufacturing activity, showed expansion for several consecutive months, with readings of 55.6 in July 2026 and 54.6 in August 2026. This consistent expansion in factory activity and new orders signaled a healthy demand environment for industrial companies.
4. Analyst sentiment remained strongly positive, with numerous upgrades to price targets following the company's strong performance and outlook. Parker Hannifin currently holds a consensus "Buy" rating from analysts, with an average 12-month price target indicating significant upside potential from its trading price during the analyzed period. Several firms maintained or raised their price targets in August 2026, reinforcing confidence in the stock's future performance.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 11.9% change in PH stock from 5/31/2026 to 9/20/2026 was primarily driven by a 6.9% change in the company's P/E Multiple.| (LTM values as of) | 5312026 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 842.93 | 943.54 | 11.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 20,987 | 21,499 | 2.4% |
| Net Income Margin (%) | 16.6% | 17.0% | 2.3% |
| P/E Multiple | 30.6 | 32.7 | 6.9% |
| Shares Outstanding (Mil) | 126 | 126 | -0.1% |
| Cumulative Contribution | 11.9% |
Market Drivers
5/31/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| PH | 11.9% | |
| Market (SPY) | 0.9% | 33.1% |
| Sector (XLI) | -2.0% | 68.3% |
Fundamental Drivers
The -6.1% change in PH stock from 2/28/2026 to 9/20/2026 was primarily driven by a -8.9% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 1004.88 | 943.54 | -6.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 20,461 | 21,499 | 5.1% |
| Net Income Margin (%) | 17.3% | 17.0% | -1.8% |
| P/E Multiple | 35.9 | 32.7 | -8.9% |
| Shares Outstanding (Mil) | 126 | 126 | -0.1% |
| Cumulative Contribution | -6.1% |
Market Drivers
2/28/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| PH | -6.1% | |
| Market (SPY) | 11.6% | 42.7% |
| Sector (XLI) | -3.9% | 69.5% |
Fundamental Drivers
The 25.6% change in PH stock from 8/31/2025 to 9/20/2026 was primarily driven by a 20.5% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 751.29 | 943.54 | 25.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 19,850 | 21,499 | 8.3% |
| Net Income Margin (%) | 17.8% | 17.0% | -4.6% |
| P/E Multiple | 27.1 | 32.7 | 20.5% |
| Shares Outstanding (Mil) | 127 | 126 | 0.9% |
| Cumulative Contribution | 25.6% |
Market Drivers
8/31/2025 to 9/20/2026| Return | Correlation | |
|---|---|---|
| PH | 25.6% | |
| Market (SPY) | 19.4% | 40.6% |
| Sector (XLI) | 12.8% | 69.1% |
Fundamental Drivers
The 133.3% change in PH stock from 8/31/2023 to 9/20/2026 was primarily driven by a 55.3% change in the company's Net Income Margin (%).| (LTM values as of) | 8312023 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 404.42 | 943.54 | 133.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 19,065 | 21,499 | 12.8% |
| Net Income Margin (%) | 10.9% | 17.0% | 55.3% |
| P/E Multiple | 25.0 | 32.7 | 30.9% |
| Shares Outstanding (Mil) | 129 | 126 | 1.8% |
| Cumulative Contribution | 133.3% |
Market Drivers
8/31/2023 to 9/20/2026| Return | Correlation | |
|---|---|---|
| PH | 133.3% | |
| Market (SPY) | 75.6% | 66.1% |
| Sector (XLI) | 63.4% | 78.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PH Return | 18% | -7% | 61% | 40% | 40% | 6% | 267% |
| Peers Return | 28% | -2% | 12% | 18% | 10% | 9% | 101% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| PH Win Rate | 50% | 33% | 58% | 67% | 75% | 56% | |
| Peers Win Rate | 72% | 38% | 48% | 53% | 52% | 49% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| PH Max Drawdown | -14% | -27% | -16% | -11% | -27% | -19% | |
| Peers Max Drawdown | -13% | -25% | -22% | -14% | -24% | -21% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ETN, DHR, ITW, HON, RTX. See PH Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
| Event | PH | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -26.3% | -18.8% |
| % Gain to Breakeven | 35.6% | 23.1% |
| Time to Breakeven | 84 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -13.4% | -6.7% |
| % Gain to Breakeven | 15.5% | 7.1% |
| Time to Breakeven | 82 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -24.6% | -24.5% |
| % Gain to Breakeven | 32.6% | 32.4% |
| Time to Breakeven | 151 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.9% | -33.7% |
| % Gain to Breakeven | 117.1% | 50.9% |
| Time to Breakeven | 158 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.5% | -19.2% |
| % Gain to Breakeven | 30.8% | 23.8% |
| Time to Breakeven | 105 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -22.2% | -12.2% |
| % Gain to Breakeven | 28.6% | 13.9% |
| Time to Breakeven | 57 days | 62 days |
In The Past
Parker Hannifin's stock fell -26.3% during the 2025 US Tariff Shock. Such a loss loss requires a 35.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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| Event | PH | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -26.3% | -18.8% |
| % Gain to Breakeven | 35.6% | 23.1% |
| Time to Breakeven | 84 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -24.6% | -24.5% |
| % Gain to Breakeven | 32.6% | 32.4% |
| Time to Breakeven | 151 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.9% | -33.7% |
| % Gain to Breakeven | 117.1% | 50.9% |
| Time to Breakeven | 158 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.5% | -19.2% |
| % Gain to Breakeven | 30.8% | 23.8% |
| Time to Breakeven | 105 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -22.2% | -12.2% |
| % Gain to Breakeven | 28.6% | 13.9% |
| Time to Breakeven | 57 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -23.0% | -6.8% |
| % Gain to Breakeven | 29.9% | 7.3% |
| Time to Breakeven | 57 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -30.1% | -17.9% |
| % Gain to Breakeven | 43.0% | 21.8% |
| Time to Breakeven | 126 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -22.7% | -15.4% |
| % Gain to Breakeven | 29.3% | 18.2% |
| Time to Breakeven | 91 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -63.0% | -53.4% |
| % Gain to Breakeven | 170.1% | 114.4% |
| Time to Breakeven | 589 days | 1085 days |
In The Past
Parker Hannifin's stock fell -26.3% during the 2025 US Tariff Shock. Such a loss loss requires a 35.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Parker Hannifin (PH)
Parker Hannifin (PH) is a global leader in motion and control technologies and systems, serving a broad array of mobile, industrial, and aerospace markets. The company designs, manufactures, and markets a vast range of engineered products essential for the operation and performance of various machinery and equipment worldwide. Its core expertise lies in providing solutions that control movement, fluid flow, and environmental conditions across diverse applications.
The company's Diversified Industrial segment provides critical components for a wide range of industrial and mobile machinery. Its offerings include sealing and shielding solutions, filtration systems, fluid connectors, advanced control systems, and hydraulic, pneumatic, and electromechanical components. These products are vital for equipment used in manufacturing, packaging, processing, construction, transportation, agriculture, and military sectors, sold to original equipment manufacturers (OEMs) and distributors for both new equipment and aftermarket service.
Parker Hannifin's Aerospace Systems segment focuses on highly specialized technologies for commercial and military aircraft. This segment supplies control actuation systems, engine components, fluid conveyance systems, fuel systems, hydraulic and pneumatic controls, and thermal management products, among others. These sophisticated solutions are integrated into airframes and engines, directly serving aerospace OEMs and end users in the global aviation industry.
AI Analysis | Feedback
Here are a few analogies to describe Parker Hannifin:
- "Intel for the mechanical world," providing the essential motion and control systems that make industrial machines, vehicles, and aircraft work.
- A specialized industrial version of Honeywell, focused on the critical fluid, motion, and control components for everything from factory equipment to airplanes.
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- Motion & Control Systems: Technologies encompassing hydraulic, pneumatic, and electromechanical components and systems for industrial, mobile, and aerospace applications.
- Filtration Systems: Products and diagnostic solutions designed to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases.
- Sealing & Shielding Solutions: Products including seals, shields, thermal products, adhesives, coatings, and noise vibration and harshness solutions.
- Fluid Connectors & Control Systems: Components that control, transmit, and contain fluid, along with solutions for precise flow and extreme operating conditions.
- Aerospace Systems & Components: Specialized products for commercial and military aircraft, covering control actuation, engine components, fluid conveyance, fuel systems, and hydraulic systems.
- Thermal Management Products: Solutions for managing heat and temperature across industrial and aerospace contexts.
- Aircraft Wheels & Brakes: Critical components provided for commercial and military aircraft landing gear programs.
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Based on the provided company description, Parker Hannifin (PH) primarily sells its products and systems to other companies rather than individuals. While specific names of major customer companies are not disclosed in the description, its customer base consists primarily of:
- Original Equipment Manufacturers (OEMs) across a wide range of industries including manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment.
- Independent distributors who serve the replacement markets in these same diversified industrial sectors.
- Original Equipment Manufacturers (OEMs) and end users in the commercial and military aerospace markets for airframe and engine programs.
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Jennifer A. Parmentier, Chairman of the Board and Chief Executive Officer
Jennifer A. Parmentier assumed the role of Chief Executive Officer of Parker Hannifin on January 1, 2023, and became Chairman of the Board in 2024. She joined Parker Hannifin in 2008 and has held various operational roles, including General Manager of the Sporlan Division and the Hose Products Division. Prior to her CEO role, she served as Vice President and President of the Engineered Materials Group (2015-2019) and the Motion Systems Group (2019-2021), and as Chief Operating Officer starting in 2021. Before joining Parker, Ms. Parmentier was a Business Leader for Ingersoll Rand Trane Residential Systems and held operational leadership positions with Magna Corporation. She holds a Bachelor of Arts in Management from Webster University and an Executive MBA from Loyola Chicago Quinlan School of Business. Ms. Parmentier also serves on the Board of Directors of Nordson Corporation.
Todd M. Leombruno, Executive Vice President and Chief Financial Officer
Todd M. Leombruno has served as Parker Hannifin's Executive Vice President and Chief Financial Officer since January 1, 2021. He began his career with Parker in 1993 as an Accounting Trainee and has held several accounting and financial roles, including Division Controller for the Hydraulic Cartridge Systems Division. His previous positions at Parker include Director of Lean Financial Systems (starting 2006) and Director of Investor Relations (starting 2012). He also served as Group Vice President and Controller for the Engineered Materials Group (starting 2015) and Vice President and Controller (starting 2017). Mr. Leombruno holds a Bachelor of Business Administration from Ohio University and a Master of Business Administration from Case Western Reserve University. He is also a Director on the Board of The Timken Company.
Andrew D. Ross, President and Chief Operating Officer
Andrew D. Ross is the President and Chief Operating Officer of Parker Hannifin, a role he assumed in 2023, following his appointment as Chief Operating Officer in 2022. Mr. Ross joined Parker in 1998 as a Product Manager. His career at Parker includes various leadership roles such as Vice President and President of the Engineered Materials Group (2012-2015) and Vice President and President of the Fluid Connectors Group (starting in 2015). Before joining Parker, he held sales and product marketing roles at Trelleborg Sealing Solutions and began his career at Norfolk Southern Corporation. He earned a Bachelor of Science in Business Administration from the University of Saint Francis, an Executive MBA from Case Western Reserve University, and a Master of Applied Communications from the University of Michigan. Mr. Ross currently serves on the Board of Directors of Symbotic Inc.
Joseph R. Leonti, Executive Vice President, General Counsel and Secretary
Joseph R. Leonti is the Executive Vice President, General Counsel and Secretary for Parker Hannifin. Mr. Leonti assumed this role in January 2022. He joined Parker in 2005 as Assistant General Counsel and advanced to leadership positions within the legal department, including Deputy General Counsel.
Berend Bracht, Vice President and President - Motion Systems Group
Berend Bracht serves as Vice President and President of the Motion Systems Group at Parker Hannifin. Mr. Bracht has been with Parker for over 25 years, holding various leadership positions across different groups and regions. He previously served as President of the Aerospace Group.
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Here are the key risks to Parker Hannifin's business:
- Dependence on Cyclical Global Economic Conditions: Parker Hannifin's substantial Diversified Industrial segment, which accounts for a significant portion of its net sales, is highly susceptible to fluctuations in global economic conditions. Economic slowdowns and downturns, particularly in key end markets such as construction, agriculture, transportation, and general industrial activity, can lead to reduced demand for the company's motion and control technologies and systems, impacting revenue and profitability.
- Supply Chain Disruptions and Inflationary Pressures: As a global manufacturer, Parker Hannifin faces significant risks from disruptions to its complex supply chain. Such disruptions can result in increased operational costs, delays in product delivery, and ultimately affect profitability and customer satisfaction. Furthermore, inflationary pressures and volatility in raw material prices directly impact the company's cost of goods sold, potentially compressing profit margins.
- Intense Competition: Parker Hannifin operates in a dynamic and highly competitive industry across its various segments. The company faces stiff competition from both established global players and emerging specialized firms in fluid power, motion control, and industrial automation. This intense competitive landscape can exert pressure on pricing, market share, and profitability, necessitating continuous investment in innovation and product differentiation to maintain its competitive edge.
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Parker Hannifin (NYSE: PH) operates in several significant addressable markets globally. The company manufactures and sells motion and control technologies and systems, with its main products and services falling under diversified industrial and aerospace systems segments.
The key addressable markets for Parker Hannifin's main products and services include:
* **Industrial Filtration:** The global industrial filtration market was valued at approximately USD 37.83 billion in 2025 and is projected to reach USD 57.69 billion by 2034, growing at a compound annual growth rate (CAGR) of 4.80% from 2026 to 2034. The U.S. industrial filtration market is projected to reach USD 18.85 billion by 2032.
* **Fluid Power Equipment (Hydraulics and Pneumatics):** The global fluid power equipment market was valued at USD 58.23 billion in 2023 and is expected to reach USD 108.13 billion in 2032, exhibiting a CAGR of 7.12% over the forecast period (2024-2032). Another estimate places the global fluid power market at about USD 51.9 billion in 2024, with projections of continued growth, potentially reaching USD 90 billion by 2033. North America dominated the fluid power equipment market with a 31.5% share in 2024.
* **Motion Control:** The global motion control market size was estimated at USD 16.63 billion in 2023 and is projected to reach USD 24.66 billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030. The Asia Pacific region was the largest revenue-generating market in 2023.
* **Aerospace Hydraulic Systems:** The global aircraft hydraulic systems market size was valued at USD 12.2 billion in 2024 and is estimated to grow at a CAGR of 11.5% to reach USD 36 billion by 2034. The U.S. dominated this market, accounting for USD 3.8 billion in 2024.
* **Electromechanical Components:** The global electromechanical components market was valued at USD 557.2 billion in 2024 and is projected to reach USD 962.7 billion by 2033, growing at a CAGR of 6.1% during the forecast period 2025-2033.
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Expected Drivers of Future Revenue Growth for Parker Hannifin (PH)
Over the next 2-3 years, Parker Hannifin (NYSE: PH) is expected to drive revenue growth through several key initiatives and market trends:
- Strong Performance in the Aerospace Systems Segment: The Aerospace Systems segment is a significant growth driver, benefiting from robust demand across commercial and military end markets, for both Original Equipment Manufacturers (OEM) and aftermarket channels. The segment has shown strong sales increases and a growing backlog, indicating sustained momentum.
- Alignment with Secular Growth Trends: Parker Hannifin is strategically positioned to capitalize on long-term secular trends. These include digitalization, electrification, the advancement of clean technologies for carbon reduction, increased automation, and significant infrastructure investments. The company's portfolio is aligned to benefit from these global shifts.
- Strategic Acquisitions: The company's strategy includes strategic acquisitions to expand its market presence and enhance its product offerings. Recent examples, such as the acquisition of Curtis Instruments and the planned acquisition of Filtration Group Corporation, aim to broaden aftermarket operations and strengthen high-margin segments like industrial filtration, contributing to future revenue and operational profitability.
- "The Win Strategy™" and Operational Excellence: Parker's business system, "The Win Strategy™," emphasizes operational excellence, continuous improvement, and margin expansion. This approach fosters a high-performance culture and allows the company to drive efficiency and profitability, indirectly supporting revenue growth by enhancing competitiveness and customer experience.
- Achieving Organic Sales Growth Targets: Parker Hannifin has set clear financial targets, including a 4-6% compound annual growth rate (CAGR) in organic sales through fiscal year 2029. This ambitious target reflects the company's confidence in its ability to generate sustained growth from its existing businesses and strategic initiatives.
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Share Repurchases
- Parker Hannifin repurchased $650 million of shares in the third quarter ending March 31, 2025.
- Between October 1, 2025, and December 31, 2025, Parker-Hannifin repurchased 92,199 shares for US$75 million.
- The Board approved an update in August 2025, making 20 million shares available under the company's existing share repurchase authorization.
Share Issuance
- Parker-Hannifin's shares outstanding have seen a slight decline in recent years, with 0.13 billion shares outstanding in 2025 and 0.128 billion in Q4 2025, indicating no significant share issuance.
Outbound Investments
- On September 13, 2022, Parker-Hannifin acquired Meggitt, a global leader in aerospace and defense motion and control technologies, for $8.8 billion in a cash deal.
- On November 11, 2025, Parker Hannifin announced a definitive agreement to acquire Filtration Group Corporation for $9.25 billion in cash, aiming to create one of the largest global industrial filtration businesses.
- The company acquired LORD, a manufacturer of advanced adhesives and coatings, for $3.675 billion in cash on October 29, 2019.
Capital Expenditures
- In the last 12 months, Parker-Hannifin's capital expenditures were -$402.00 million.
- Historical capital expenditures were $435 million for fiscal year 2025, $400 million for 2024, and $381 million for 2023.
- Expected capital expenditures are projected to be $385 million for fiscal year 2026, increasing to $419 million in 2027 and $441 million in 2028.
Peer Outperformance in Industrial Machinery & Supplies & Components
PH has outperformed 87% of its 71 Industrial Machinery & Supplies & Components peers over 5Y. Among the peers that beat it is CRS. Industrial Machinery & Supplies & Components ranks 7th of 23 industries in Industrials by median 5Y return.
Share of Industrial Machinery & Supplies & Components constituents that PH has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
66%
of 76 industry peers · 25.9% return
3Y
85%
of 74 industry peers · 154.9% return
5Y
87%
of 71 industry peers · 261.2% return
Industrial Machinery & Supplies & Components peers with revenue growth within 4pp of PH's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| PH | Parker Hannifin | 4.1% | 32.7x | 25.9% | 154.9% | 261.2% | — |
| CRS | Carpenter Technology | 7.0% | 38.3x | 70.6% | 503.4% | 1277.7% | +1,016pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Industrials sector, ranked by 5Y. Industrial Machinery & Supplies & Components is PH's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 7.0% | 104.6% | 189.6% | FIX 2338% · STRL 2296% · CDNL 2275% |
| Marine Transportation | 5 | 88.1% | 65.8% | 180.5% | HOS 44163% · MATX 208% · SFL 181% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 11.7% | 58.9% | 128.8% | CAT 364% · ALSN 258% · WAB 236% |
| Aerospace & Defense | 55 | -6.5% | 68.9% | 75.0% | ATI 1076% · FTAI 1008% · HWM 661% |
| Rail Transportation | 7 | 29.3% | 58.4% | 59.0% | FSTR 147% · CSX 70% · RAIL 69% |
| Trading Companies & Distributors | 19 | 4.3% | 37.2% | 50.9% | DXPE 581% · AIT 305% · WCC 222% |
| Industrial Machinery & Supplies & Components ← | 72 | 9.1% | 51.5% | 43.2% | CRS 1278% · PSIX 1091% · EROC 652% |
| Diversified Support Services | 33 | 13.4% | 34.2% | 36.0% | LIME 3498% · TH 459% · WLFC 363% |
| Passenger Ground Transportation | 3 | -28.4% | 46.2% | 31.6% | UBER 59% · CAR 32% · LYFT -72% |
| Cargo Ground Transportation | 16 | 34.4% | 2.3% | 27.6% | R 251% · XPO 242% · CVLG 163% |
| Electrical Components & Equipment | 41 | 3.4% | 58.5% | 24.2% | POWL 2383% · BE 1333% · VRT 958% |
| Building Products | 33 | -14.7% | 3.4% | 20.0% | LMB 728% · GFF 398% · PPIH 301% |
| Industrial Conglomerates | 17 | 7.9% | 6.5% | 7.9% | RCMT 524% · CSW 142% · DD 76% |
| Agricultural & Farm Machinery | 17 | 6.4% | 4.5% | -2.4% | BLBD 214% · DE 117% · GENC 58% |
| Environmental & Facilities Services | 29 | -11.1% | 24.2% | -7.2% | CECO 929% · ADUR 404% · NVRI 376% |
| Research & Consulting Services | 13 | -12.7% | -22.8% | -10.5% | HURN 219% · CRAI 92% · GRNQ 67% |
| Data Processing & Outsourced Services | 6 | -33.4% | -14.8% | -24.6% | EXLS 46% · BR 10% · G -23% |
| Passenger Airlines | 11 | 3.2% | 13.3% | -27.7% | LTM 3169% · UAL 145% · SKYW 113% |
| Office Services & Supplies | 9 | 7.4% | 12.6% | -32.7% | PBI 202% · TILE 148% · HNI 51% |
| Human Resource & Employment Services | 22 | 6.5% | -15.5% | -36.3% | BBSI 89% · ADP 54% · PAYX 25% |
| Air Freight & Logistics | 12 | -18.0% | -19.7% | -39.1% | CHRW 97% · EXPD 67% · FDX 66% |
| Security & Alarm Services | 10 | -37.7% | 22.8% | -44.9% | CIX 157% · MG 128% · BCO 68% |
| Airport Services | 3 | -75.1% | -78.7% | -61.9% | JOBY -35% · ASLE -62% · UP -100% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Latest Trefis Analyses
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 240.62 |
| Mkt Cap | 134.3 |
| Rev LTM | 27,566 |
| Op Inc LTM | 5,222 |
| FCF LTM | 3,972 |
| FCF 3Y Avg | 4,236 |
| CFO LTM | 5,034 |
| CFO 3Y Avg | 5,128 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.8% |
| Rev Chg 3Y Avg | 3.5% |
| Rev Chg Q | 7.9% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Inc Chg LTM | 11.5% |
| Op Inc Chg 3Y Avg | 9.2% |
| Op Mgn LTM | 19.1% |
| Op Mgn 3Y Avg | 19.1% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 18.4% |
| CFO/Rev 3Y Avg | 18.0% |
| FCF/Rev LTM | 15.4% |
| FCF/Rev 3Y Avg | 15.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 134.3 |
| P/S | 5.1 |
| P/Op Inc | 25.4 |
| P/EBIT | 23.2 |
| P/E | 33.3 |
| P/CFO | 22.8 |
| Total Yield | 4.1% |
| Dividend Yield | 1.2% |
| FCF Yield 3Y Avg | 3.8% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -4.5% |
| 3M Rtn | 1.8% |
| 6M Rtn | 5.9% |
| 12M Rtn | 12.5% |
| 3Y Rtn | 66.7% |
| 1M Excs Rtn | -5.3% |
| 3M Excs Rtn | -0.2% |
| 6M Excs Rtn | -10.8% |
| 12M Excs Rtn | -1.5% |
| 3Y Excs Rtn | -11.2% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Diversified Industrial | 13,665 | 14,458 | 14,705 | 13,342 | 11,960 |
| Aerospace Systems | 6,185 | 5,472 | 4,360 | 2,520 | 2,387 |
| Total | 19,850 | 19,930 | 19,065 | 15,862 | 14,348 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Diversified Industrial | 3,120 | 3,176 | 3,071 | 2,693 | 2,235 |
| Aerospace Systems | 1,441 | 1,111 | 563 | 501 | 403 |
| Total | 4,561 | 4,287 | 3,634 | 3,195 | 2,638 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Diversified Industrial | 15,953 | 16,174 | 15,573 | 15,839 | 16,519 |
| Aerospace Systems | 12,218 | 12,016 | 13,661 | 3,021 | 3,077 |
| Corporate | 1,323 | 1,108 | 730 | 7,085 | 745 |
| Total | 29,494 | 29,298 | 29,964 | 25,944 | 20,341 |
Price Behavior
Price Behavior
| Market Price | $943.54 | |
| Market Cap ($ Bil) | 119.2 | |
| First Trading Date | 07/01/1985 | |
| Distance from 52W High | -12.0% | |
| 50 Days | 200 Days | |
| DMA Price | $985.30 | $937.13 |
| DMA Trend | up | up |
| Distance from DMA | -4.2% | 0.7% |
| 3M | 1YR | |
| Volatility | 27.1% | 26.5% |
| Downside Capture | 93.46 | 74.38 |
| Upside Capture | 79.19 | 88.60 |
| Correlation (SPY) | 37.5% | 40.8% |
PH Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.21 | 0.70 | 0.57 | 0.87 | 0.81 | 1.23 |
| Up Beta | -0.01 | 0.30 | 0.40 | 1.23 | 0.89 | 1.37 |
| Down Beta | 4.08 | 1.90 | 0.82 | 0.94 | 0.74 | 1.30 |
| Up Capture | -2% | 56% | 86% | 53% | 85% | 158% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 10 | 22 | 38 | 65 | 137 | 401 |
| Down Capture | -18% | 56% | 19% | 87% | 80% | 101% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 11 | 20 | 26 | 62 | 114 | 350 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PH | |
|---|---|---|---|---|
| PH | 29.0% | 26.5% | 0.93 | - |
| Sector ETF (XLI) | 13.5% | 17.2% | 0.57 | 69.0% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 40.6% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | 17.2% |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | -22.5% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | 29.1% |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | 9.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PH | |
|---|---|---|---|---|
| PH | 28.9% | 28.9% | 0.89 | - |
| Sector ETF (XLI) | 12.4% | 17.6% | 0.54 | 81.6% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 69.5% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 7.0% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | 12.6% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 51.8% |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | 26.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PH | |
|---|---|---|---|---|
| PH | 24.4% | 31.7% | 0.76 | - |
| Sector ETF (XLI) | 13.1% | 20.1% | 0.57 | 84.8% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 73.7% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 3.3% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 26.5% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 57.6% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | 17.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 9/9/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 7.3% | 7.3% | -3.1% |
| 4/30/2026 | -4.0% | -4.7% | -10.7% |
| 1/29/2026 | 3.5% | 5.6% | 10.3% |
| 11/6/2025 | 7.8% | 10.6% | 13.9% |
| 8/7/2025 | 4.0% | 9.3% | 9.1% |
| 5/1/2025 | 0.8% | 3.0% | 10.2% |
| 1/30/2025 | 5.7% | 3.5% | 0.6% |
| 10/31/2024 | 1.6% | 13.6% | 12.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 19 | 16 |
| # Negative | 8 | 5 | 8 |
| Median Positive | 4.9% | 7.1% | 10.3% |
| Median Negative | -1.9% | -2.4% | -3.7% |
| Max Positive | 10.8% | 20.1% | 27.0% |
| Max Negative | -5.0% | -8.8% | -10.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 7.3% | 7.3% | -3.1% |
| 4/30/2026 | -4.0% | -4.7% | -10.7% |
| 1/29/2026 | 3.5% | 5.6% | 10.3% |
| 11/6/2025 | 7.8% | 10.6% | 13.9% |
| 8/7/2025 | 4.0% | 9.3% | 9.1% |
| 5/1/2025 | 0.8% | 3.0% | 10.2% |
| 1/30/2025 | 5.7% | 3.5% | 0.6% |
| 10/31/2024 | 1.6% | 13.6% | 12.9% |
| 8/8/2024 | 10.8% | 12.9% | 11.8% |
| 5/2/2024 | -2.3% | 2.2% | -1.8% |
| 2/1/2024 | 7.7% | 10.7% | 16.1% |
| 11/2/2023 | 9.2% | 10.8% | 19.2% |
| 8/3/2023 | 3.0% | 4.0% | 3.1% |
| 5/4/2023 | -0.3% | 1.1% | 5.9% |
| 2/2/2023 | 2.7% | 7.1% | 9.9% |
| 11/3/2022 | 0.9% | 2.0% | 5.8% |
| 8/4/2022 | 1.2% | 3.3% | -7.3% |
| 5/5/2022 | -5.0% | -8.8% | -4.2% |
| 2/3/2022 | -2.5% | -1.7% | -10.9% |
| 11/4/2021 | 7.1% | 7.8% | 0.7% |
| 8/5/2021 | -1.0% | -2.4% | -2.5% |
| 4/29/2021 | -1.6% | -1.0% | -3.1% |
| 2/4/2021 | -0.8% | 0.9% | 11.0% |
| 11/5/2020 | 9.6% | 20.1% | 27.0% |
| SUMMARY STATS | |||
| # Positive | 16 | 19 | 16 |
| # Negative | 8 | 5 | 8 |
| Median Positive | 4.9% | 7.1% | 10.3% |
| Median Negative | -1.9% | -2.4% | -3.7% |
| Max Positive | 10.8% | 20.1% | 27.0% |
| Max Negative | -5.0% | -8.8% | -10.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/21/2026 | 10-K |
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 01/30/2026 | 10-Q |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/22/2025 | 10-K |
| 03/31/2025 | 05/06/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 11/05/2024 | 10-Q |
| 06/30/2024 | 08/22/2024 | 10-K |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/06/2024 | 10-Q |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/24/2023 | 10-K |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/07/2023 | 10-Q |
| 09/30/2022 | 11/04/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/21/2026 | 10-K |
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 01/30/2026 | 10-Q |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/22/2025 | 10-K |
| 03/31/2025 | 05/06/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 11/05/2024 | 10-Q |
| 06/30/2024 | 08/22/2024 | 10-K |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/06/2024 | 10-Q |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/24/2023 | 10-K |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/07/2023 | 10-Q |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/24/2022 | 10-K |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 02/04/2022 | 10-Q |
| 09/30/2021 | 11/05/2021 | 10-Q |
| 06/30/2021 | 08/25/2021 | 10-K |
| 03/31/2021 | 05/06/2021 | 10-Q |
| 12/31/2020 | 02/05/2021 | 10-Q |
| 09/30/2020 | 11/06/2020 | 10-Q |
| 06/30/2020 | 08/26/2020 | 10-K |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 02/05/2020 | 10-Q |
| 09/30/2019 | 11/06/2019 | 10-Q |
Recent Forward Guidance
Updated 8/7/2026Latest: Q4 2026 Earnings Reported 8/6/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Reported Sales Growth | Reported | 5.5% | 7.0% | 8.5% | 0.0% | Same New | Actual: 7.0% for 2026 | |
| 2027 Organic Sales Growth | Reported | 5.5% | 7.0% | 8.5% | 1.5% | Higher New | Actual: 5.5% for 2026 | |
| 2027 Segment Operating Margin | Reported | 24.5% | 24.7% | 24.9% | 0.8% | Higher New | Actual: 23.9% for 2026 | |
| 2027 Adjusted Segment Operating Margin | Reported | 27.5% | 27.7% | 27.9% | 0.5% | Higher New | Actual: 27.2% for 2026 | |
| 2027 EPS | Reported | 30 | 30.5 | 31 | 12.5% | Higher New | Actual: 27.1 for 2026 | |
| 2027 Adjusted EPS | Reported | 34.2 | 34.8 | 35.2 | 11.4% | Higher New | Actual: 31.2 for 2026 | |
| 2031 Organic Growth Target | Reported | 4.0% | 5.0% | 6.0% | ||||
| 2031 Adjusted Segment Operating Margin Target | Reported | 30.0% | 3.0% | Raised | ||||
| 2031 Adjusted EPS Growth Target | Reported | 10.0% | ||||||
| 2031 Free Cash Flow Margin Target | Reported | 17.0% | ||||||
Prior: Q3 2026 Earnings Reported 4/30/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Reported sales growth | Reported | 7.0% | 0.5% | Higher New | Guidance: 6.5% for 2026 | |||
| 2026 Organic sales growth | Reported | 5.5% | ||||||
| 2026 Segment operating margin | Reported | 23.9% | 0.0% | Same New | Guidance: 23.9% for 2026 | |||
| 2026 Adjusted segment operating margin | Reported | 27.2% | 0.0% | Same New | Guidance: 27.2% for 2026 | |||
| 2026 EPS | Reported | 27.1 | 2.0% | Higher New | Guidance: 26.6 for 2026 | |||
| 2026 Adjusted EPS | Reported | 31.2 | 1.6% | Higher New | Guidance: 30.7 for 2026 | |||
| 2026 Adjusted EPS growth | Reported | 15.0% | ||||||
Q2 2026 Earnings Reported 1/29/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Reported Sales Growth | Reported | 5.5% | 6.5% | 7.5% | 1.0% | Raised | Guidance: 5.5% for 2026 | |
| 2026 Segment Operating Margin | Reported | 23.7% | 23.9% | 24.1% | 0.1% | Raised | Guidance: 23.8% for 2026 | |
| 2026 Adjusted Segment Operating Margin | Reported | 27.0% | 27.2% | 27.4% | 0.2% | Raised | Guidance: 27.0% for 2026 | |
| 2026 EPS | Reported | 26.3 | 26.6 | 26.9 | 2.4% | Raised | Guidance: 25.9 for 2026 | |
| 2026 Adjusted EPS | Reported | 30.4 | 30.7 | 31 | 2.3% | Raised | Guidance: 30 for 2026 | |
Q1 2026 Earnings Reported 11/6/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Total Sales Growth | Reported | 4.0% | 5.5% | 7.0% | 2.0% | Raised | Guidance: 3.5% for 2026 | |
| 2026 Segment Operating Margin | Reported | 23.6% | 23.8% | 24.0% | 0.3% | Raised | Guidance: 23.5% for 2026 | |
| 2026 Adjusted Segment Operating Margin | Reported | 26.8% | 27.0% | 27.2% | 0.5% | Raised | Guidance: 26.5% for 2026 | |
| 2026 EPS | Reported | 25.5 | 25.9 | 26.3 | 3.0% | Raised | Guidance: 25.2 for 2026 | |
| 2026 Adjusted EPS | Reported | 29.6 | 30 | 30.4 | 3.8% | Raised | Guidance: 28.9 for 2026 | |
Insider Activity
Updated 9/11/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Thompson, Laura K | Direct | Sell | 9102026 | 958.95 | 160 | 153,432 | 4,255,820 | Form | |
| 2 | Bracht, Berend | VP & Pres.- Motion Sys. Grp. | Direct | Sell | 8282026 | 1040.47 | 602 | 626,363 | 4,577,028 | Form |
| 3 | Scott, Patrick | VP & Pres-Fluid Conn. Grp. | Direct | Sell | 8192026 | 1057.00 | 1,235 | 1,305,390 | 3,929,911 | Form |
| 4 | Verrier, James | Direct | Sell | 8182026 | 1058.00 | 1,500 | 1,587,000 | 3,458,602 | Form | |
| 5 | Scott, Patrick | VP & Pres-Fluid Conn. Grp. | Direct | Sell | 8182026 | 1053.20 | 631 | 664,569 | 5,216,500 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Thompson, Laura K | Direct | Sell | 9102026 | 958.95 | 160 | 153,432 | 4,255,820 | Form | |
| 2 | Bracht, Berend | VP & Pres.- Motion Sys. Grp. | Direct | Sell | 8282026 | 1040.47 | 602 | 626,363 | 4,577,028 | Form |
| 3 | Scott, Patrick | VP & Pres-Fluid Conn. Grp. | Direct | Sell | 8192026 | 1057.00 | 1,235 | 1,305,390 | 3,929,911 | Form |
| 4 | Verrier, James | Direct | Sell | 8182026 | 1058.00 | 1,500 | 1,587,000 | 3,458,602 | Form | |
| 5 | Scott, Patrick | VP & Pres-Fluid Conn. Grp. | Direct | Sell | 8182026 | 1053.20 | 631 | 664,569 | 5,216,500 | Form |
| 6 | Bracht, Berend | VP & Pres.- Motion Sys. Grp. | Direct | Sell | 8182026 | 1055.03 | 700 | 738,521 | 4,641,077 | Form |
| 7 | Hart, Mark J | EVP-HR & External Affairs | Direct | Sell | 8182026 | 1057.00 | 2,497 | 2,639,329 | 7,465,591 | Form |
| 8 | Parel, Dinu J | VP & Chief Digital & Info Off. | Direct | Sell | 8182026 | 1057.25 | 2,265 | 2,394,673 | 4,823,177 | Form |
| 9 | Parel, Dinu J | VP & Chief Digital & Info Off. | Direct | Sell | 8182026 | 1057.59 | 2,204 | 2,330,939 | 4,909,356 | Form |
| 10 | Ross, Andrew D | President & COO | Direct | Sell | 8182026 | 1057.57 | 5,498 | 5,814,520 | 13,875,318 | Form |
| 11 | Reidy, Jay | VP & Pres.-Aerospace Grp. | Direct | Sell | 8182026 | 1055.77 | 300 | 316,731 | 4,236,805 | Form |
| 12 | Bracht, Berend | VP & Pres.- Motion Sys. Grp. | Direct | Sell | 2182026 | 1002.13 | 1,127 | 1,129,401 | 2,585,495 | Form |
| 13 | Bendali, Rachid | VP & Pres.- Eng. Mat. Grp. | Direct | Sell | 2182026 | 1006.74 | 412 | 414,777 | 2,732,292 | Form |
| 14 | Gentile, Thomas C | VP-Global Supply Chain | Direct | Sell | 2172026 | 1001.51 | 1,326 | 1,328,002 | 5,473,252 | Form |
| 15 | Hart, Mark J | EVP-HR & External Affairs | Direct | Sell | 2172026 | 1009.12 | 2,804 | 2,829,572 | 7,127,415 | Form |
| 16 | Scott, Patrick | VP & Pres.-Fluid Conn. | Direct | Sell | 2172026 | 983.06 | 833 | 818,889 | 3,396,472 | Form |
| 17 | Ross, Andrew D | President & COO | Direct | Sell | 2132026 | 998.95 | 3,656 | 3,652,176 | 13,106,276 | Form |
| 18 | Ross, Andrew D | President & COO | Direct | Sell | 2132026 | 999.17 | 1,008 | 1,007,163 | 14,936,592 | Form |
| 19 | Leombruno, Todd M | EVP & CFO | Direct | Sell | 2132026 | 1002.34 | 2,062 | 2,066,815 | 20,658,125 | Form |
| 20 | Parmentier, Jennifer A | Chief Executive Officer | Direct | Sell | 2132026 | 996.66 | 4,706 | 4,690,288 | 47,219,819 | Form |
| 21 | Gentile, Thomas C | VP-Global Supply Chain | Direct | Sell | 2032026 | 941.31 | 2,376 | 2,236,546 | 5,144,243 | Form |
| 22 | Ives, Angela R | VP & Controller | Direct | Sell | 2032026 | 952.30 | 1,066 | 1,015,152 | 2,645,489 | Form |
| 23 | Ross, Andrew D | Chief Operating Officer | Direct | Sell | 12152025 | 894.26 | 1,539 | 1,376,261 | 12,581,294 | Form |
| 24 | Ross, Andrew D | Chief Operating Officer | Direct | Sell | 12152025 | 895.72 | 949 | 850,038 | 11,751,846 | Form |
| 25 | Reidy, Jay | VP & Pres.- Aerospace Grp. | Direct | Sell | 11142025 | 863.62 | 391 | 337,675 | 1,798,920 | Form |
| 26 | Bendali, Rachid | VP & Pres.- Eng. Mat. Grp. | Direct | Sell | 11142025 | 852.99 | 1,437 | 1,225,747 | 2,315,015 | Form |
| 27 | Bracht, Berend | VP & Pres.- Motion Sys. Grp. | Direct | Sell | 11142025 | 864.58 | 3,507 | 3,032,087 | 2,230,620 | Form |
| 28 | Verrier, James | Direct | Sell | 9042025 | 750.00 | 1,500 | 1,125,000 | 3,382,500 | Form |
Investor Activity (13F)
Updated Sep 21, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Tempo Wealth, LLC | $82.5 Mil | 14.4% | 213 | Hold | 13F |
| Cartenna Capital, LP | $127.6 Mil | 5.6% | 41 | ADD +103.6% | 13F |
| Regents Gate Capital LLP | $24.9 Mil | 5.3% | 36 | ADD +21941.3% | 13F |
| Unio Capital LLC | $22.2 Mil | 4.8% | 21 | TRIM -21.1% | 13F |
| Raub Brock Capital Management LP | $17.7 Mil | 4.5% | 43 | TRIM -28.8% | 13F |
| Minneapolis Portfolio Management Group, LLC | $33.3 Mil | 3.5% | 33 | Hold | 13F |
| Tairen Capital Ltd | $7.5 Mil | 0.8% | 44 | Hold | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | As Of | Filing |
|---|---|---|---|---|---|---|
| Wealth High Governance Capital Ltda | $18.8 Mil | 3.5% | 46 | Exited | Dec 31, 2025 | 13F |
| Heirloom Wealth Management | $14.3 Mil | 3.3% | 43 | Exited | Dec 31, 2025 | 13F |
| Raub Brock Capital Management LP | $17.7 Mil | 4.5% | 43 | TRIM -28.8% | Mar 31, 2026 | 13F |
| Unio Capital LLC | $22.2 Mil | 4.8% | 21 | TRIM -21.1% | Mar 31, 2026 | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Cartenna Capital, LP | $127.6 Mil | 5.6% | 41 | ADD +103.6% | 13F |
| Tempo Wealth, LLC | $82.5 Mil | 14.4% | 213 | Hold | 13F |
| Minneapolis Portfolio Management Group, LLC | $33.3 Mil | 3.5% | 33 | Hold | 13F |
| Regents Gate Capital LLP | $24.9 Mil | 5.3% | 36 | ADD +21941.3% | 13F |
| Unio Capital LLC | $22.2 Mil | 4.8% | 21 | TRIM -21.1% | 13F |
| Raub Brock Capital Management LP | $17.7 Mil | 4.5% | 43 | TRIM -28.8% | 13F |
| Tairen Capital Ltd | $7.5 Mil | 0.8% | 44 | Hold | 13F |
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Industry Resources
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| Modern Machine Shop |
| Industrial Equipment News (IEN) |
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