Parker-Hannifin Reports Record Q4 & Full-Year FY26 Results, Raises FY27 EPS Guidance Above Expectations
PH sits 53% above its 52-week low of $692.02.
Summary
Parker-Hannifin reported record Q4 and full-year fiscal 2026 results, with strong organic sales and adjusted EPS growth, and issued fiscal 2027 guidance that likely beats analyst expectations while raising its long-term operating margin target.
Key Events · Earnings and Guidance · PH
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Record Q4 and Full-Year FY26 Results
Reported record Q4 sales of $5.8 billion (+9.8%) and full-year sales of $21.5 billion (+8.3%). Adjusted EPS increased 21% to $9.27 in Q4 and 18% to $32.31 for the full year.
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Strong FY27 Guidance Exceeds Expectations
Issued fiscal year 2027 adjusted EPS guidance of $34.25 to $35.25, with reported EPS guidance of $30.00 to $31.00, which likely exceeds current analyst expectations. Forecasts 5.5% to 8.5% organic sales growth.
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Raised Long-Term Operating Margin Target
Increased its adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031, after surpassing its previous 27% target this year.
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Significant Shareholder Returns
Returned nearly $2 billion to shareholders through share repurchases and an 11% increase in the annual dividend, marking 70 consecutive years of dividend increases.
Analysis · PH · Manufacturing
Parker-Hannifin delivered record financial results for both the fourth quarter and full fiscal year 2026, driven by strong organic sales growth across all segments. The company also issued fiscal year 2027 guidance for adjusted EPS of $34.25 to $35.25, with reported EPS guidance of $30.00 to $31.00, which likely exceeds current analyst expectations. Furthermore, management raised its long-term adjusted segment operating margin target by 300 basis points to 30% by fiscal 2031, signaling strong confidence in future profitability and operational excellence. This positive performance and outlook reinforce the company's position, especially as its stock is trading near its 52-week high.
At the time of this filing, PH was trading at $1,061.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $125.7B. The 52-week trading range was $692.02 to $1,034.96. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.