Are Wall Street Analysts Bullish on Parker-Hannifin Stock?

Cleveland, Ohio-based Parker-Hannifin Corporation (PH) manufactures and sells motion and control technologies and systems for aerospace and defense, in-plant and industrial equipment, transportation, off-highway, energy, and HVAC and refrigeration markets in North America and internationally. The company has a market cap of $109.1 billion and operates through two segments: Diversified Industrial and Aerospace Systems. PH shares have outperformed the broader market over the past year and have lagged behind in 2026. PH stock has surged 31.1% over the past 52 weeks and declined 1.2% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has returned 27.4% over the past year and risen 8.8% in 2026.

Narrowing the focus, PH has also rallied the State Street Industrials Select Sector SPDR ETF’s (XLI) 20.7% rise over the past 52 weeks and has underperformed its 9.9% increase this year.