---
title: Parker Hannifin (PH) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/ph
ticker: PH
as_of: 2026-10-17
sector: Industrials
industry: Industrial - Machinery
---
# Parker Hannifin (PH)

Parker Hannifin (PH) closed at $963.34 on Oct 16, 2026, overvalued by 64% vs its model value of $587.19 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $963.34 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $587.19 |
| Price vs model | overvalued by 64% vs model |
| Range of that model | $384.41 – $1,228.17 |
| Market value | $121.5B |
| P/E (fiscal 2026) | 33.8 |
| Net margin (fiscal 2026) | 17.0% |
| Free cash flow (fiscal 2026) | $3.9B |
| Dividend yield (trailing twelve months) | 0.79% |
| Beta | 1.12 |
| Cost of capital (WACC) | 9.25% |
| Business classification | Profitable Growth (Low/slowing growth (~4% recent), Moderate margins (17% net margin), Highly cyclical earnings) |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 0.79% |
| Dividends per share, last 12 months | $7.60 |
| Dividends / free cash flow (fiscal 2026) | 24.0% |
| Raised | 9 years in a row |
| Growth over 5 years | 14.7% a year |
| Latest payment | $2.00, ex-date Aug 31, 2026, paid Sep 11, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 26, 2021 | $3.82 |
| To Aug 26, 2022 | $4.72 |
| To Aug 25, 2023 | $5.62 |
| To Aug 28, 2024 | $6.22 |
| To Sep 2, 2025 | $6.86 |
| Trailing twelve months (to Aug 31, 2026) | $7.60 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $587.19 | $384.41 | $1,228.17 |
| DCF · Perpetuity growth · 10y | cross check | $623.22 | $420.40 | $1,252.63 |
| DCF · EBITDA exit · 5y | cross check | $829.69 | $615.28 | $1,081.01 |
| DCF · EBITDA exit · 10y | cross check | $819.60 | $591.29 | $1,120.53 |
| P/E · peers | cross check | $798.91 | $698.40 | $997.86 |
| P/E · own history | cross check | $932.32 | $823.75 | $1,046.10 |
| PEG | sanity check | $450.94 | $450.94 | $450.94 |
| EV/EBITDA · peers | cross check | $915.12 | $730.70 | $976.86 |
| EV/Revenue · peers | cross check | $705.31 | $568.44 | $832.67 |
| Earnings power value | cross check | $133.49 | $107.28 | $169.84 |
| Dividend discount | cross check | $179.99 | $123.60 | $295.41 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 17 open-market sales ($18.6M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Sep 9, 2026 | Czaja Mark T | VP & Chief Tech. & Innov. Off. | Bona fide gift | 1,056 | $0 |
| Sep 8, 2026 | Thompson Laura K | Director | Open-market sell | 160 | $153,432 |
| Aug 26, 2026 | Bracht Berend | VP & Pres.- Motion Sys. Grp. | Option/RSU exercise | 1,500 | $448,785 |
| Aug 26, 2026 | Bracht Berend | VP & Pres.- Motion Sys. Grp. | Tax withholding | 898 | $933,551.8 |
| Aug 26, 2026 | Bracht Berend | VP & Pres.- Motion Sys. Grp. | Open-market sell | 602 | $626,362.9 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Sep 18, 2026 | DEF 14A | Proxy statement | https://www.sec.gov/Archives/edgar/data/76334/000130817926000394/ph-20260915.htm |
| Sep 18, 2026 | ARS | Annual report to shareholders | https://www.sec.gov/Archives/edgar/data/76334/000007633426000142/phfy26ararscompliant.pdf |
| Sep 14, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/76334/000119312526390561/d45003d8k.htm |
| Sep 10, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/76334/000119312526387884/d39046d8k.htm |
| Sep 9, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/76334/000119312526385830/d15439d424b5.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bridgewater | 2026-06-30 | 12,017 | $11.8M |
| Dodge & Cox | 2026-06-30 | 2,500 | $2.4M |
| Bill Nygren | 2026-06-30 | 295 | $288,545 |

3 tracked managers in all.

## About

Parker-Hannifin Corporation is a global enterprise specializing in the production and distribution of advanced motion and control technologies and systems. These solutions serve a broad spectrum of international markets, including mobile applications, industrial operations, and the aerospace sector. Its organizational structure is primarily divided into two key business units: Diversified Industrial and Aerospace Systems. Within the Diversified Industrial division, the product portfolio is extensive, covering sealing, protective shielding, thermal management systems, bonding agents, surface coatings, and technologies designed to reduce noise, vibration, and harshness. This segment also provides filtration units, diagnostic tools, and related solutions for purifying fuel, air, oil, water, and various other liquids and gases by eliminating contaminants. Additionally, it produces connectors…

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Source: https://sweetvaluelab.com/stocks/ph (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.