From Yahoo Finance: 2025-06-05 20:38:00

Morgan Stanley initiated coverage of Parker-Hannifin Corporation (PH) with an Equal Weight rating and a price target of $700, citing the company’s shift to a secular business model and strong position in industrial markets through mergers and acquisitions. PH’s PE ratio is 25.3x with an ROE of 27%, reflecting its improved valuation.

Analysts note challenges for PH in achieving mid-single digit growth organically in the industrial segment, which could offset forecasted margin gains. Despite this, Parker-Hannifin Corporation (PH) remains a global manufacturer specializing in motion and control technologies for the industrial, mobile, and aerospace sectors, with top aircraft and engine manufacturers utilizing its systems.

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Read more at Yahoo Finance: Morgan Stanley Issues an Equal Weight Rating For Parker-Hannifin Corporation (PH)