Parker-Hannifin (PH) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $9.27
- Estimate
- $8.27
- Surprise
- +12.2%
- Score at report (before → after)
- 5.5 → 5.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Parker-Hannifin (PH) beat the $8.27 estimate with adjusted EPS of $9.27 — a large 12.2% upside surprise. TrendMatrix's engine moved from Hold (5.5/10) to Sell at 5.4/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PH Hold at 6.0/10.
4 of the last 4 quarters beat the estimate; this quarter's +12.2% surprise compares with a +8.1% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.0 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Thin upside margin: 8.0%
- Sector modifier (Industrials): -0.7
- News modifier +2: SELL_IF_HOLDING → HOLD_IF_HOLDING
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $963.34
- Price target
- $1040.06
- Stop
- $925.84
- Upside to target
- +8.0%
- Reward-to-risk
- 1.6:1
The stock trades at 33.8× trailing but 24.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-17 — shown for context, not personalized investment advice.
PH at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Specialty Industrial Machinery
- Market cap
- $121.29B
- P/E (fwd)
- 24.2
- P/E (ttm)
- 33.8
- 52-week range
- $722.12–$1099.94
- Off 52-week high
- 12.4%
- RSI (14)
- 47
- Volume vs avg
- 1.25×
- Score today
- 6.0/10