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Parker Hannifin (NYSE:PH) Azioni, Report sulle vendite allo scoperto

Parker Hannifin

Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.

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Keybanc analyst Jeffrey Hammond maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Overweight and raises the price target from $725 to $775.

Price Target

Analyst Ratings

Keybanc Maintains Overweight on Parker Hannifin, Raises Price Target to $775

In the last three months, 13 analysts have published ratings on Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>), offering a diverse range of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">6</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $694.62, a high estimate of $842.00, and a low estimate of $520.00. This current average reflects an increase of 10.16% from the previous average price target of $630.58. 
<img src="https://www.benzinga.com/files/images/story/2024/1731942049_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The analysis of recent analyst actions sheds light on the perception of Parker Hannifin by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Maintains</td>
<td>Hold</td>
<td>$691.00</td>
<td>$691.00</td>
</tr>
<tr>
<td>Amit Mehrotra</td>
<td>UBS</td>
<td>Announces</td>
<td>Buy</td>
<td>$842.00</td>
<td>-</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$575.00</td>
<td>$520.00</td>
</tr>
<tr>
<td>John Eade</td>
<td>Argus Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$710.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Mircea Dobre</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$710.00</td>
<td>$695.00</td>
</tr>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$715.00</td>
<td>$665.00</td>
</tr>
<tr>
<td>Jeffrey Hammond</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$725.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$788.00</td>
<td>$673.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$710.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$703.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$691.00</td>
<td>$633.00</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$520.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>Tim Thein</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$650.00</td>
<td>$610.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Parker Hannifin. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Parker Hannifin compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Parker Hannifin's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Parker Hannifin's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Parker Hannifin analyst ratings.</a>
<h2>Discovering Parker Hannifin: A Closer Look</h2>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Parker Hannifin: A Financial Overview</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Positive Revenue Trend: Examining Parker Hannifin's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.17% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Parker Hannifin's net margin is impressive, surpassing industry averages. With a net margin of 14.24%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Parker Hannifin's ROE excels beyond industry benchmarks, reaching 5.6%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 2.37%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Parker Hannifin's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.79, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From Parker Hannifin Analyst Ratings

Stifel analyst Nathan Jones downgrades Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) from Buy to Hold and maintains the price target from $691 to $691.

Downgrades

Stifel Downgrades Parker Hannifin to Hold, Maintains Price Target to $691

In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) against its key competitors in the Machinery industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Parker Hannifin Background</h3>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Parker Hannifin Corp</td>
<td>31.44</td>
<td>6.97</td>
<td>4.55</td>
<td>5.6%</td>
<td>$1.22</td>
<td>$1.81</td>
<td>1.17%</td>
</tr>
<tr>
<td>Illinois Tool Works Inc</td>
<td>23.37</td>
<td>23.50</td>
<td>5.06</td>
<td>36.52%</td>
<td>$1.53</td>
<td>$1.74</td>
<td>-1.61%</td>
</tr>
<tr>
<td>Ingersoll Rand Inc</td>
<td>50.24</td>
<td>4.04</td>
<td>5.87</td>
<td>2.19%</td>
<td>$0.49</td>
<td>$0.81</td>
<td>7.02%</td>
</tr>
<tr>
<td>Xylem Inc</td>
<td>34.95</td>
<td>2.79</td>
<td>3.51</td>
<td>2.07%</td>
<td>$0.42</td>
<td>$0.78</td>
<td>1.35%</td>
</tr>
<tr>
<td>Dover Corp</td>
<td>18.36</td>
<td>4.87</td>
<td>3.32</td>
<td>6.28%</td>
<td>$0.5</td>
<td>$0.76</td>
<td>1.28%</td>
</tr>
<tr>
<td>Fortive Corp</td>
<td>30.24</td>
<td>2.49</td>
<td>4.33</td>
<td>2.1%</td>
<td>$0.41</td>
<td>$0.92</td>
<td>2.68%</td>
</tr>
<tr>
<td>Snap-on Inc</td>
<td>18.40</td>
<td>3.43</td>
<td>4.07</td>
<td>4.67%</td>
<td>$0.37</td>
<td>$0.59</td>
<td>-1.06%</td>
</tr>
<tr>
<td>Pentair PLC</td>
<td>26.46</td>
<td>5</td>
<td>4.32</td>
<td>4.03%</td>
<td>$0.21</td>
<td>$0.39</td>
<td>-1.53%</td>
</tr>
<tr>
<td>IDEX Corp</td>
<td>35.56</td>
<td>4.55</td>
<td>5.45</td>
<td>3.19%</td>
<td>$0.21</td>
<td>$0.35</td>
<td>0.6%</td>
</tr>
<tr>
<td>Graco Inc</td>
<td>31.51</td>
<td>5.99</td>
<td>7.20</td>
<td>4.96%</td>
<td>$0.17</td>
<td>$0.28</td>
<td>-3.79%</td>
</tr>
<tr>
<td>Nordson Corp</td>
<td>31.25</td>
<td>5.14</td>
<td>5.55</td>
<td>4.16%</td>
<td>$0.2</td>
<td>$0.37</td>
<td>1.99%</td>
</tr>
<tr>
<td>ITT Inc</td>
<td>25.88</td>
<td>4.50</td>
<td>3.54</td>
<td>6.05%</td>
<td>$0.24</td>
<td>$0.31</td>
<td>7.68%</td>
</tr>
<tr>
<td>Lincoln Electric Holdings Inc</td>
<td>24.76</td>
<td>8.74</td>
<td>2.95</td>
<td>7.6%</td>
<td>$0.17</td>
<td>$0.35</td>
<td>-4.79%</td>
</tr>
<tr>
<td>Mueller Industries Inc</td>
<td>17.54</td>
<td>3.83</td>
<td>2.87</td>
<td>6.46%</td>
<td>$0.23</td>
<td>$0.28</td>
<td>21.72%</td>
</tr>
<tr>
<td>Crane Co</td>
<td>38.48</td>
<td>6.32</td>
<td>4.44</td>
<td>5.07%</td>
<td>$0.12</td>
<td>$0.24</td>
<td>12.66%</td>
</tr>
<tr>
<td>Donaldson Co Inc</td>
<td>22.74</td>
<td>6.18</td>
<td>2.63</td>
<td>7.38%</td>
<td>$0.17</td>
<td>$0.33</td>
<td>6.36%</td>
</tr>
<tr>
<td>RBC Bearings Inc</td>
<td>45.70</td>
<td>3.41</td>
<td>5.77</td>
<td>1.71%</td>
<td>$0.12</td>
<td>$0.17</td>
<td>3.19%</td>
</tr>
<tr>
<td>Flowserve Corp</td>
<td>29.16</td>
<td>3.79</td>
<td>1.72</td>
<td>2.9%</td>
<td>$0.12</td>
<td>$0.36</td>
<td>3.5%</td>
</tr>
<tr>
<td>ESAB Corp</td>
<td>28.41</td>
<td>4.16</td>
<td>2.80</td>
<td>3.85%</td>
<td>$0.12</td>
<td>$0.25</td>
<td>-1.14%</td>
</tr>
<tr>
<td>SPX Technologies Inc</td>
<td>43.46</td>
<td>5.58</td>
<td>4</td>
<td>3.8%</td>
<td>$0.1</td>
<td>$0.2</td>
<td>7.8%</td>
</tr>
<tr>
<td>The Middleby Corp</td>
<td>18.69</td>
<td>2.03</td>
<td>1.90</td>
<td>3.26%</td>
<td>$0.21</td>
<td>$0.36</td>
<td>-3.86%</td>
</tr>
<tr>
<td>Chart Industries Inc</td>
<td>48.12</td>
<td>2.44</td>
<td>2.10</td>
<td>2.17%</td>
<td>$0.25</td>
<td>$0.36</td>
<td>18.33%</td>
</tr>
<tr>
<td>Watts Water Technologies Inc</td>
<td>25.41</td>
<td>4.18</td>
<td>3.14</td>
<td>4.18%</td>
<td>$0.11</td>
<td>$0.26</td>
<td>7.79%</td>
</tr>
<tr>
<td>Gates Industrial Corp PLC</td>
<td>24.99</td>
<td>1.70</td>
<td>1.60</td>
<td>1.51%</td>
<td>$0.16</td>
<td>$0.34</td>
<td>-4.83%</td>
</tr>
<tr>
<td>Average</td>
<td>30.16</td>
<td>5.16</td>
<td>3.83</td>
<td>5.48%</td>
<td>$0.29</td>
<td>$0.47</td>
<td>3.54%</td>
</tr>
</tbody>
</table>
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 </style>Upon analyzing Parker Hannifin, the following trends can be observed: 
<ul>
<li>
Notably, the current Price to Earnings ratio for this stock, 31.44, is 1.04x above the industry norm, reflecting a higher valuation relative to the industry.
</li>
<li>
The elevated Price to Book ratio of 6.97 relative to the industry average by 1.35x suggests company might be overvalued based on its book value.
</li>
<li>
The stock's relatively high Price to Sales ratio of 4.55, surpassing the industry average by 1.19x, may indicate an aspect of overvaluation in terms of sales performance.
</li>
<li>
The Return on Equity (ROE) of 5.6% is 0.12% above the industry average, highlighting efficient use of equity to generate profits.
</li>
<li>
The company exhibits higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $1.22 Billion, which is 4.21x above the industry average, implying stronger profitability and robust cash flow generation.
</li>
<li>
The company has higher gross profit of $1.81 Billion, which indicates 3.85x above the industry average, indicating stronger profitability and higher earnings from its core operations.
</li>
<li>
The company is witnessing a substantial decline in revenue growth, with a rate of 1.17% compared to the industry average of 3.54%, which indicates a challenging sales environment.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731682818_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
In terms of the Debt-to-Equity ratio, Parker Hannifin stands in comparison with its top 4 peers, leading to the following comparisons:
<ul>
<li>
When considering the debt-to-equity ratio, Parker Hannifin exhibits a stronger financial position compared to its top 4 peers.
</li>
<li>
This indicates that the company has a favorable balance between debt and equity, with a lower debt-to-equity ratio of 0.79, which can be perceived as a positive aspect by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Parker Hannifin in the Machinery industry, the PE, PB, and PS ratios are all high compared to its peers, indicating potentially overvalued stock. On the other hand, the high ROE, EBITDA, and gross profit suggest strong profitability and operational efficiency. However, the low revenue growth rate may raise concerns about the company's future performance relative to industry peers.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Parker Hannifin Against Peers In Machinery Industry

UBS analyst Amit Mehrotra initiates coverage on Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Buy rating and announces Price Target of $842.

Initiation

UBS Initiates Coverage On Parker Hannifin with Buy Rating, Announces Price Target of $842

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$25.00</td>
<td>$32.0K</td>
<td>1.4K</td>
<td>1.3K</td>
</tr>
<tr>
<td>PH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$640.00</td>
<td>$41.6K</td>
<td>309</td>
<td>585</td>
</tr>
<tr>
<td>CAR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$105.00</td>
<td>$60.0K</td>
<td>11</td>
<td>500</td>
</tr>
<tr>
<td>MTZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$125.00</td>
<td>$51.6K</td>
<td>25</td>
<td>235</td>
</tr>
<tr>
<td>ZIM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/27/24</td>
<td>$22.00</td>
<td>$28.0K</td>
<td>1</td>
<td>100</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$43.00</td>
<td>$48.4K</td>
<td>60</td>
<td>44</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$400.00</td>
<td>$41.2K</td>
<td>214</td>
<td>30</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$770.00</td>
<td>$56.6K</td>
<td>25</td>
<td>20</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$220.00</td>
<td>$51.3K</td>
<td>101</td>
<td>20</td>
</tr>
<tr>
<td>AXON</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$250.00</td>
<td>$36.1K</td>
<td>55</td>
<td>1</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we observe a call option sweep with bearish sentiment. It expires in 430 day(s) on January 16, 2026. Parties traded 100 contract(s) at a $25.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $320.0 per contract. There were 1489 open contracts at this strike prior to today, and today 1354 contract(s) were bought and sold. 
• Regarding PH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>), we observe a put option trade with bearish sentiment. It expires in 38 day(s) on December 20, 2024. Parties traded 170 contract(s) at a $640.00 strike. The total cost received by the writing party (or parties) was $41.6K, with a price of $245.0 per contract. There were 309 open contracts at this strike prior to today, and today 585 contract(s) were bought and sold. 
• For CAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on November 22, 2024. This event was a transfer of 500 contract(s) at a $105.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $120.0 per contract. There were 11 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold. 
• Regarding MTZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTZ#NYSE">MTZ</a>), we observe a call option sweep with bearish sentiment. It expires in 66 day(s) on January 17, 2025. Parties traded 30 contract(s) at a $125.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $51.6K, with a price of $1720.0 per contract. There were 25 open contracts at this strike prior to today, and today 235 contract(s) were bought and sold. 
• For ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we notice a put option sweep that happens to be bearish, expiring in 45 day(s) on December 27, 2024. This event was a transfer of 100 contract(s) at a $22.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $270.0 per contract. There were 1 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• Regarding UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we observe a call option trade with bearish sentiment. It expires in 402 day(s) on December 19, 2025. Parties traded 10 contract(s) at a $43.00 strike. The total cost received by the writing party (or parties) was $48.4K, with a price of $4845.0 per contract. There were 60 open contracts at this strike prior to today, and today 44 contract(s) were bought and sold. 
• Regarding DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we observe a put option trade with bullish sentiment. It expires in 430 day(s) on January 16, 2026. Parties traded 10 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $41.2K, with a price of $4120.0 per contract. There were 214 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold. 
• Regarding URI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>), we observe a put option sweep with bullish sentiment. It expires in 311 day(s) on September 19, 2025. Parties traded 10 contract(s) at a $770.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $56.6K, with a price of $5661.0 per contract. There were 25 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• Regarding GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we observe a call option trade with bearish sentiment. It expires in 430 day(s) on January 16, 2026. Parties traded 4 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $51.3K, with a price of $12826.0 per contract. There were 101 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold. 
• For AXON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>), we notice a call option trade that happens to be bearish, expiring in 430 day(s) on January 16, 2026. This event was a transfer of 1 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $36.1K, with a price of $36169.0 per contract. There were 55 open contracts at this strike prior to today, and today 1 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AXON

RKLB

10 Industrials Stocks Whale Activity In Today's Session

TD Cowen analyst Joseph Giordano maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Hold and raises the price target from $520 to $575.

TD Cowen Maintains Hold on Parker Hannifin, Raises Price Target to $575

WIIM

ALSN

ASTE

ATMU

CMCO

CVGI

EPAC

FELE

GTES

GTLS

LECO

NDSN

OFLX

PCAR

PKOH

PLOW

PRLB

SHYF

SPXC

TAYD

Shares of machinery companies are trading higher. Investors may be reacting to the US presidential election and its impact on the industry.

Joseph Leonti, VP at Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>), disclosed an insider sell on November 5, according to a recent SEC filing.
What Happened: Leonti's recent move involves selling 5,877 shares of Parker Hannifin. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000076334/000106299324018351//Archives/edgar/data/76334/000106299324018351/0001062993-24-018351-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value is $3,708,622.
During Wednesday's morning session, Parker Hannifin shares up by 6.97%, currently priced at $699.02.
<h3>Discovering Parker Hannifin: A Closer Look</h3>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Unraveling the Financial Story of Parker Hannifin</h3>
Decline in Revenue: Over the 3 months period, Parker Hannifin faced challenges, resulting in a decline of approximately -5.45% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 36.83%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Parker Hannifin's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 5.43.
</li>
</ul>
Debt Management: Parker Hannifin's debt-to-equity ratio surpasses industry norms, standing at 0.79. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: Parker Hannifin's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 29.45.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 4.26, Parker Hannifin's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 18.6 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000076334">Check Out The Full List Of Parker Hannifin's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Parker Hannifin VP Sold $3.71M In Company Stock

Argus Research analyst John Eade maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Buy and raises the price target from $650 to $710.

Argus Research Maintains Buy on Parker Hannifin, Raises Price Target to $710

14 analysts have shared their evaluations of Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $677.14, a high estimate of $788.00, and a low estimate of $520.00. This current average has increased by 8.17% from the previous average price target of $626.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1730491497_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The perception of Parker Hannifin by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mircea Dobre</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$710.00</td>
<td>$695.00</td>
</tr>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Outperform</td>
<td>$715.00</td>
<td>$665.00</td>
</tr>
<tr>
<td>Jeffrey Hammond</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$725.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$788.00</td>
<td>$673.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$710.00</td>
<td>$640.00</td>
</tr>
<tr>
<td>Julian Mitchell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$703.00</td>
<td>$650.00</td>
</tr>
<tr>
<td>Nathan Jones</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$691.00</td>
<td>$633.00</td>
</tr>
<tr>
<td>Joseph Giordano</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$520.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>Tim Thein</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$650.00</td>
<td>$610.00</td>
</tr>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$656.00</td>
<td>$620.00</td>
</tr>
<tr>
<td>Nicole Deblase</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$645.00</td>
<td>$595.00</td>
</tr>
<tr>
<td>Joseph O'Dea</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$640.00</td>
<td>$600.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$673.00</td>
<td>$621.00</td>
</tr>
<tr>
<td>Mircea Dobre</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$654.00</td>
<td>$622.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Parker Hannifin. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Parker Hannifin compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Parker Hannifin's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Parker Hannifin's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Parker Hannifin analyst ratings.</a>
<h2>Delving into Parker Hannifin's Background</h2>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Parker Hannifin: Financial Performance Dissected</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Parker Hannifin showcased positive performance, achieving a revenue growth rate of 1.78% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Parker Hannifin's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.13% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Parker Hannifin's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.63%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Parker Hannifin's ROA excels beyond industry benchmarks, reaching 2.67%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 0.87, Parker Hannifin faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Basics of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
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A Closer Look at 14 Analyst Recommendations For Parker Hannifin

Baird analyst Mircea Dobre maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Outperform and raises the price target from $695 to $710.

Baird Maintains Outperform on Parker Hannifin, Raises Price Target to $710

Parker-Hannifin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) reported <a href="https://www.benzinga.com/pressreleases/24/10/g41649455/parker-reports-fiscal-2025-first-quarter-results" target="_blank" rel="noreferrer noopener">first-quarter 2025 sales</a> growth of 1.2% year over year to $4.9 billion and over 1.4% organic growth. 
The company beat the consensus of $4.899 billion.
Here&#8217;s a breakdown of the results:
<ul>
<li>Orders were up 1% year over year, with Diversified Industrial North American businesses down 3% and Diversified Industrial International businesses down +1%. </li>
</ul>
<ul>
<li>Orders in the Aerospace Systems segment increased 7% year over year.</li>
</ul>
<ul>
<li>Adjusted EPS improved to $6.20 from $5.96 a year ago, beating the consensus of $6.14.</li>
</ul>
<ul>
<li>Segment Sales: Diversified Industrial North America $2.10 billion (-5.8% Y/Y), Diversified Industrial International $1.356 billion (-2.4% Y/Y), and Aerospace Systems $1.448 billion (+17.8% Y/Y).</li>
</ul>
<ul>
<li>The total adjusted segment operating margin for the quarter was 25.7%, up from 24.9% a year ago.</li>
</ul>
See Also: <a href="https://www.benzinga.com/news/earnings/24/10/41657262/eaton-q3-earnings-revenue-miss-eps-beat-raised-guidance-on-continued-strong-demand">Eaton Q3 Earnings: Revenue Miss, EPS Beat, Raised Guidance On Continued &#8216;Strong Demand&#8217;</a>
Parker-Hannifin's Cash flow from operations was 15.2% of sales, an increase of 14% YoY to $743.975 million. It held cash and equivalents of $371 million as of September end.
"We delivered records for sales, adjusted segment operating margin, adjusted earnings per share, and year-to-date cash flow from operations. Our performance also reflects the strength of our transformed portfolio with our Aerospace Systems segment achieving exceptional results. Looking ahead to the full year, we anticipate near-term pressure in select industrial markets and accelerating growth in aerospace," commented Chairman and Chief Executive Officer Jenny Parmentier.
"Reflecting these conditions and our strong first quarter performance, we have raised our outlook for segment operating margin and earnings per share. We remain committed to our fiscal 2029 targets and continue to see a very promising future for Parker," added Parmentier.
The company updated its Guidance to reflects divestiture activity in the Diversified Industrial Segment, North America Businesses expected to be completed during the second quarter.
2025 Outlook updated: Parker now expects sales growth of 0.5%-3.5% (prior 1.5% – 4.5%), with organic sales growth of 1.5%-4.5% (prior 2%-5%).
The company raised its expects adjusted EPS guidance to $26.35 to $27.05 (prior &nbsp;$26.30 – $27.00 versus the $26.76 consensus.
Parker expects a total segment operating margin of approximately 22.6%, or approximately 25.7%, on an adjusted basis (prior 22.1% – 22.5%, or 25.2% – 25.6%, on an adjusted basis).
Price Action: Parker-Hannifin shares are trading lower by 1.11% at $617.35 at the last check Thursday.
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Guidance

Parker-Hannifin Reports Q1 Results, Sees Mixed Outlook With Industrial Pressure But Aerospace Gains

Parker Sees FY25 Adj. EPS $26.35-$27.05 Vs $26.76 Estimate

<ul>
<li>Total sales growth in fiscal 2025 of 0.5% to 3.5%, with organic sales growth of 1.5% to 4.5%; divestitures of (1.5%) and favorable currency of 0.5%</li>
<li>Total segment operating margin to increase to approximately 22.6%, or approximately 25.7% on an adjusted basis</li>
</ul>

Parker Sees FY25 Total Sales Growth 0.5%-3.5%

Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) reported quarterly earnings of $6.20 per share which beat the analyst consensus estimate of $6.14 by 0.98 percent. The company reported quarterly sales of $4.900 billion which beat the analyst consensus estimate of $4.899 billion by 0.02 percent. This is a 1.09 percent increase over sales of $4.847 billion the same period last year.

Earnings Beats

Parker Hannifin Q1 2025 Adj. EPS $6.20 Beats $6.14 Estimate, Sales $4.900B Beat $4.899B Estimate

Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) is set to give its latest quarterly earnings report on Thursday, 2024-10-31. Here's what investors need to know before the announcement.
Analysts estimate that Parker Hannifin will report an earnings per share (EPS) of $6.14. 
Parker Hannifin bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.55, which was followed by a 0.3% increase in the share price the next day.
Here's a look at Parker Hannifin's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>6.22</td>
<td>6.12</td>
<td>5.26</td>
<td>5.31</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>6.77</td>
<td>6.51</td>
<td>6.15</td>
<td>5.96</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.0%</td>
<td>1.0%</td>
<td>2.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730307785_0.png" alt="eps graph" />
<h3>Analysts' Perspectives on Parker Hannifin</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Parker Hannifin.
The consensus rating for Parker Hannifin is Outperform, derived from 13 analyst ratings. An average one-year price target of $674.62 implies a potential 7.92% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of Illinois Tool Works, Ingersoll Rand and Xylem, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Illinois Tool Works is maintaining an Neutral status according to analysts, with an average 1-year price target of $267.5, indicating a potential 57.21% downside.</li>
<li>The consensus among analysts is an Outperform trajectory for Ingersoll Rand, with an average 1-year price target of $100.8, indicating a potential 83.87% downside.</li>
<li>Analysts currently favor an Buy trajectory for Xylem, with an average 1-year price target of $151.5, suggesting a potential 75.76% downside.</li>
</ul>
<h3>Insights: Peer Analysis</h3>
The peer analysis summary offers a detailed examination of key metrics for Illinois Tool Works, Ingersoll Rand and Xylem, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Parker Hannifin</td>
<td>Outperform</td>
<td>1.78%</td>
<td>$1.86B</td>
<td>6.63%</td>
</tr>
<tr>
<td>Illinois Tool Works</td>
<td>Neutral</td>
<td>-1.15%</td>
<td>$1.76B</td>
<td>25.38%</td>
</tr>
<tr>
<td>Ingersoll Rand</td>
<td>Outperform</td>
<td>7.04%</td>
<td>$793.30M</td>
<td>1.87%</td>
</tr>
<tr>
<td>Xylem</td>
<td>Buy</td>
<td>25.96%</td>
<td>$819M</td>
<td>1.89%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Parker Hannifin ranks at the top for Revenue Growth and Gross Profit among its peers. However, it ranks at the bottom for Return on Equity. Overall, Parker Hannifin is positioned favorably compared to its peers based on the provided metrics.
<h3>All You Need to Know About Parker Hannifin</h3>
Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.
<h3>Parker Hannifin: Financial Performance Dissected</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Positive Revenue Trend: Examining Parker Hannifin's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.78% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: Parker Hannifin's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.13% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Parker Hannifin's ROE stands out, surpassing industry averages. With an impressive ROE of 6.63%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Parker Hannifin's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.67% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Parker Hannifin's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.87, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<a href="https://www.benzinga.com/quote/PH/earnings">To track all earnings releases for Parker Hannifin visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What to Expect from Parker Hannifin's Earnings

GE Aerospace (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ge#NYSE">GE</a>) is scheduled to report third-quarter 2024 results on Oct. 22, before market open.
The Zacks Consensus Estimate for its third-quarter earnings has increased 1.8% in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 26.7%.
Let&#39;s see how things have shaped up for GE Aerospace this earnings season.
<h2>Factors Likely to Have Shaped GE&#39;s Quarterly Performance</h2>
GE Aerospace is expected to have benefited from a growing installed base and the higher utilization of engine platforms across commercial and defense end markets in the third quarter. Solid demand for LEAP, GEnx &amp; GE9X engines and related services, supported by growth in air traffic, fleet renewal and expansion activities, is likely to have boosted GE&#39;s top-line performance.
Growing popularity for the company&#39;s propulsion &amp; additive technologies, critical aircraft systems and aftermarket services in the defense sector is likely to have supported the Defense &amp; Propulsion Technologies business&#39; performance. Rising U.S. &amp; international defense budgets, positive airline &amp; airframer dynamics and robust demand for commercial air travel are anticipated to have boosted GE&#39;s performance in the third quarter.
The company has also been making investments to expand and upgrade manufacturing facilities in the United States and overseas. These investments are likely to have enabled GE Aerospace to boost its operational capacities and cater to the increased demand from its commercial and defense customers. This, along with its focus on operational execution, robust backlog level and aim to generate healthy free cash flow, is likely to have been a tailwind.
The company&#39;s portfolio reshaping actions include disposing of non-profitable businesses to unlock values for its shareholders. In April 2024, GE completed the spin-off of its Vernova business, which marked the completion of its multi-year portfolio restructuring actions. Although the spin-off is likely to have weighed on its year-over-year top-line comparison, the transaction is expected to have allowed GE to achieve better operational focus on its core aerospace business and financial flexibility. This is expected to have driven its margins and profitability in the third quarter.
However, it has been dealing with the adverse impacts of the high costs and operating expenses owing to certain projects and restructuring activities. Also, supply-chain challenges, such as the availability of raw materials and labor shortages, especially in the aerospace and defense markets, are likely to have affected GE Aerospace&#39;s delivery of finished products to its customers within the stipulated time.
Given the company&#39;s extensive geographic presence, its operations are subject to foreign exchange headwinds. A stronger U.S. dollar is also likely to have hurt GE&#39;s overseas business.
Amid this, the Zacks Consensus Estimate for GE&#39;s third-quarter total revenues is pegged at $8.97 billion, indicating a decline of 45.7% year over year. The consensus estimate for earnings is pegged at $1.13 per share, implying an increase of 37.8% from the prior-year level.
<div class="chart_embed">
<h3>GE Aerospace Price and EPS Surprise</h3>
<img alt="GE Aerospace Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/12/1729167618.png" style="height:263px; width:544px" title="" />
GE Aerospace price-eps-surprise | GE Aerospace Quote
</div>
<h2>Earnings Whispers</h2>
Our proven model predicts an earnings beat for GE Aerospace this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as elaborated below.
Earnings ESP: GE Aerospace has an Earnings ESP of +0.57% as the Most Accurate Estimate is pegged at $1.14 per share, which is higher than the Zacks Consensus Estimate of $1.13.
Zacks Rank: GE presently carries a Zacks Rank of 3.
<h2>Other Stocks to Consider</h2>
Here are some other companies within the same space, which according to our model, have the right combination of elements to beat on earnings this reporting cycle.
3M Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mmm#NYSE">MMM</a>) has an Earnings ESP of +1.81% and a Zacks Rank of 3 at present.
The company is slated to release third-quarter 2024 results on Oct. 22. 3M&#39;s earnings have surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 12.6%.
Parker-Hannifin Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ph#NYSE">PH</a>) has an Earnings ESP of +2.06% and a Zacks Rank of 2 at present. The company is slated to release its first-quarter fiscal 2025 results on Nov. 7.
PH&#39;s earnings have surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 11.2%.
RBC Bearings (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rbc#NYSE">RBC</a>) has an Earnings ESP of +9.57% and a Zacks Rank of 3 at present. The company is scheduled to release second-quarter fiscal 2025 results on Nov. 1.
RBC&#39;s earnings have surpassed the Zacks Consensus Estimate thrice in the preceding four quarters while missing the mark once, the average surprise being 4.8%.
<a href="https://www.zacks.com/stock/news/2352167/is-a-beat-in-the-offing-for-ge-aerospace-in-q3-earnings?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2352167">To read this article on Zacks.com click here.</a>

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Mid Cap

Is a Beat in the Offing for GE Aerospace in Q3 Earnings?

Mizuho analyst Brett Linzey maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Outperform and raises the price target from $665 to $715.

Mizuho Maintains Outperform on Parker Hannifin, Raises Price Target to $715

Keybanc analyst Jeffrey Hammond maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Overweight and raises the price target from $640 to $725.

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