Analyst Joseph C Giordano of TD Cowen maintained a Hold rating on Parker Hannifin, with a price target of $850.00.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Joseph C Giordano has given his Hold rating due to a combination of factors, including only minor forecast changes following Parker Hannifin’s third-quarter fiscal 2026 results. While he sees a plausible pickup in organic growth in the Industrial segment next year, this prospective strength is tempered by expectations for a slight slowdown in the aerospace business as it laps exceptionally strong prior-year comparisons.
He also notes that the recent weak share performance after earnings reflects modest upward estimate revisions, a shareholder base that already broadly owns the stock, and management’s guidance calling for slower growth in the fourth quarter. Taken together, these elements suggest limited near-term upside relative to current expectations, supporting a neutral, or Hold, stance rather than a more aggressive rating.
In another report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $1,000.00 price target.
Based on the recent corporate insider activity of 93 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PH in relation to earlier this year.