Parker-Hannifin reached a new 52-week high following the release of its Q2 fiscal 2026 earnings results. The company reported adjusted earnings per share of $7.65, exceeding the consensus estimate of $7.11 to $7.16, representing a 6.93% earnings surprise. Revenue reached $5.2 billion, surpassing expectations of $5.07 billion by 2.59%. The company achieved 6.6% organic growth and a 27.1% adjusted segment operating margin. Parker-Hannifin reported a record backlog of $11.7 billion, with strong performance in its Aerospace and Diversified Industrial segments. The company declared a quarterly dividend of $1.80 per share and raised its fiscal 2026 guidance. Additionally, the company announced a planned acquisition of Filtration Group Corporation, expected to generate $220 million in cost synergies.
Read full analysisParker-Hannifin reached a new 52-week high following the release of its Q2 fiscal 2026 earnings results. The company reported adjusted earnings per share of $7.65, exceeding the consensus estimate of $7.11 to $7.16, representing a 6.93% earnings surprise. Revenue reached $5.2 billion, surpassing expectations of $5.07 billion by 2.59%. The company achieved 6.6% organic growth and a 27.1% adjusted segment operating margin. Parker-Hannifin reported a record backlog of $11.7 billion, with strong performance in its Aerospace and Diversified Industrial segments. The company declared a quarterly dividend of $1.80 per share and raised its fiscal 2026 guidance. Additionally, the company announced a planned acquisition of Filtration Group Corporation, expected to generate $220 million in cost synergies.
Parker Hannifin Corporation (PH) is a publicly traded company in the Industrials sector.