Weekly Analysts’ Ratings Changes for Parker-Hannifin (PH)

A number of firms have modified their ratings and price targets on shares of Parker-Hannifin (NYSE: PH) recently:

• 6/9/2026 – Parker-Hannifin is now covered by Sanford C. Bernstein. They set an “outperform” rating and a $1,026.00 price target on the stock.
• 6/8/2026 – Parker-Hannifin had its “buy” rating reaffirmed by Citigroup Inc..
• 6/6/2026 – Parker-Hannifin was downgraded by Wall Street Zen from “buy” to “hold”.
• 5/26/2026 – Parker-Hannifin had its price target lowered by Wells Fargo & Company from $980.00 to $950.00. They now have an “overweight” rating on the stock.
• 5/11/2026 – Parker-Hannifin was given a new $1,064.00 price target by Evercore Inc.
• 5/7/2026 – Parker-Hannifin had its price target lowered by JPMorgan Chase & Co. from $1,100.00 to $1,060.00. They now have an “overweight” rating on the stock.
• 5/1/2026 – Parker-Hannifin was given a new $1,147.00 price target by Truist Financial Corporation.
• 5/1/2026 – Parker-Hannifin was given a new $1,050.00 price target by Mizuho.
• 5/1/2026 – Parker-Hannifin had its price target raised by Citigroup Inc. from $1,137.00 to $1,141.00. They now have a “buy” rating on the stock.
• 4/21/2026 – Parker-Hannifin had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/13/2026 – Parker-Hannifin had its price target raised by Citigroup Inc. from $1,092.00 to $1,137.00. They now have a “buy” rating on the stock.

Parker-Hannifin Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 8th were given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a yield of 0.9%. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. The ex-dividend date was Friday, May 8th. Parker-Hannifin’s dividend payout ratio (DPR) is presently 29.51%.

Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.

Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.