Parker-Hannifin rises after co raises annual profit forecast

Shares of motion control products maker Parker-Hannifin PH.N up 4.5% at $957.2 in morning trading

Co raises FY profit forecast, driven by strong aerospace demand and continued growth in its filtration business segment

Now expects adjusted FY26 profit per share between $30.40 and $31.00, up from $29.60 and $30.40 earlier

Posts Q2 adjusted profit per share of $7.65, compared with $6.53 a year ago

PH gained 38.2% in 2025