Bank of America keeps Buy rating for Parker-Hannifin stock at USD 1,200.00

Published on 10/26/2026 at 17:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Parker-Hannifin reports November 5. Parker-Hannifin stock costs EUR 809.90 on October 26, 2026 at 5:15 p.m. CEST.

Analyst target and reporting date

Bank of America Securities maintained a Buy rating and a USD 1,200.00 target on October 23, 2026.
Parker-Hannifin will publish fiscal 2027 first-quarter results on November 5, 2026, before the market opens.
Parker-Hannifin stock costs EUR 809.90 at Lang & Schwarz on October 26, 2026 at 5:15 p.m. CEST.
The NYSE price was USD 905.68 on October 26, 2026, with a market capitalization of USD 114.2 billion.

Parker-Hannifin, US7010941042, Illustration mit AI erstellt.

Bank of America Securities maintained its Buy rating on Parker-Hannifin and set a USD 1,200.00 price target in a report dated October 23, 2026. The target was reported by Markets Insider. Parker-Hannifin stock was trading at EUR 809.90 at Lang & Schwarz on October 26, 2026 at 5:15 p.m. CEST.

Results date sets the next test

Parker-Hannifin will release fiscal 2027 first-quarter results before the market opens on November 5, 2026. The company announced the date in an October 20, 2026 release carried by Parker-Hannifin Corporation. The report will cover the quarter ended September 30, 2026.

Stock stays below its yearly high

The NYSE price was USD 905.68 at 12:26 p.m. ET on October 26, 2026. Parker-Hannifin's 52-week range ran from USD 755.10 to USD 1,099.94, while its market capitalization stood at USD 114.2 billion. The stock therefore sat USD 194.26 below its yearly high, a gap of 17.66 percent.

Valuation and dates matter

Parker-Hannifin had a price-to-earnings ratio of 31.79 and a trailing dividend yield of 1.00 percent on October 26, 2026. The next scheduled company date is the November 5 earnings release, followed by the October 28 annual meeting already announced by the company.

Comparison with peers

Parker-Hannifin: USD 905.68, price-to-earnings ratio 31.79, market capitalization USD 114.2 billion. Honeywell (NYSE, USD): USD 220.22, price-to-earnings ratio 9.97, market capitalization USD 69.8 billion. Rockwell Automation (NYSE, USD): USD 431.63, price-to-earnings ratio 40.55, market capitalization USD 48.0 billion. These figures were dated October 26, 2026.

Analyst view meets operating results

The USD 1,200.00 target places the analyst view above the latest NYSE quotation, while the forthcoming report will provide the next operating checkpoint. Parker-Hannifin's fiscal 2026 revenue was USD 21.5 billion and operating profit was USD 4.6 billion for the year ended June 30, 2026.

The further course of trading is shown by the continuously updated real-time quote of Parker-Hannifin stock.