Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Parker-Hannifin Corporation before investing.

In this article, we go over a few key elements for understanding Parker-Hannifin Corporation’s stock price such as:

• Parker-Hannifin Corporation’s current stock price and volume
• Why Parker-Hannifin Corporation’s stock price changed recently
• Upgrades and downgrades for PH from analysts
• PH’s stock price momentum as measured by its relative strength

About Parker-Hannifin Corporation (PH)

Before we jump into Parker-Hannifin Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Parker-Hannifin Corporation 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, Europe, Asia Pacific, and Latin America. The company operates through two segments: Diversified Industrial and Aerospace Systems. It offers various motion-control systems and components, such as active and passive vibration control, high purity sealing, coatings, high temperature sealing, cryogenic valves and fittings, HVAC/R controls and monitoring, elastomeric, fabric reinforced, metal, precision cut seals, hydrogen and natural gas filters, electric and hydraulic pumps and motors, industrial air, gas filtration, electric and hydraulic valves, miniature pumps and valves, electromagnetic interface shielding, pneumatic actuators, regulators and valves, electromechanical and hydraulic actuators, power take offs, electronics, drives and controllers, process filtration solutions, engine filtration solutions, rubber to substrate adhesives, fluid condition monitoring, sensors and diagnostics, fluid conveyance hose and tubing, structural adhesives, high pressure connectors, fittings, valves and regulators, thermal management, high purity fittings. The company also provides products for use in commercial and defense airframe and engine programs, such as avionics, electric and hydraulic braking systems, electric power, electromechanical actuators, engine exhaust systems and components, fire detection and suppression, flight control systems, fluid conveyance, fuel systems and components, fuel tank inserting systems, hydraulic pumps and motors, hydraulic valves and actuators, pneumatics, seals, sensors, and thermal management products. The company sells its products to original equipment manufacturers, distributors, direct-sales employees. Parker-Hannifin Corporation was founded in 1917 and is headquartered in Cleveland, Ohio.

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Parker-Hannifin Corporation’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Parker-Hannifin Corporation’s stock price was $976.530.

Parker-Hannifin Corporation is up 1.43% from its previous closing price of $962.790.

During the last market session, Parker-Hannifin Corporation’s stock traded between $959.920 and $980.440. Currently, there are approximately 126.20 million shares outstanding for Parker-Hannifin Corporation.

Parker-Hannifin Corporation’s price-earnings (P/E) ratio is currently at 36.0, which is high compared to the Machinery industry median of 27.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Parker-Hannifin Corporation Stock Price History

Parker-Hannifin Corporation’s (PH) price is currently down 0.16% so far this month.

During the month of July, Parker-Hannifin Corporation’s stock price has reached a high of $1,000.720 and a low of $929.340.

Over the last year, Parker-Hannifin Corporation has hit prices as high as $1,034.960 and as low as $692.020. Year to date, Parker-Hannifin Corporation’s stock is up 11.1%.

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What Caused Parker-Hannifin Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there were 0 analysts who downgraded Parker-Hannifin Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Parker-Hannifin Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Parker-Hannifin Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Parker-Hannifin Corporation’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Parker-Hannifin Corporation (PH) by visiting AAII Stock Evaluator.

Relative Price Strength of Parker-Hannifin Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Parker-Hannifin Corporation has a weighted four-quarter relative price strength of 4.29%, which translates to a Momentum Score of 68 and is considered to be Strong.

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Parker-Hannifin Corporation Stock Price: Bottom Line

As of July 31, 2026, Parker-Hannifin Corporation’s stock price is $976.530, which is up 1.43% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Parker-Hannifin Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.