Parker-Hannifin shares surge 7.75% intraday after Q3 results beat estimates, driving margin expansion and raised FY26 EPS guidance.

Parker-Hannifin surged 7.75% intraday following the release of its third-quarter results, which exceeded Wall Street expectations and included an upgraded full-year outlook. The industrial machinery company reported $5.08 billion in sales, surpassing estimates, with 5% organic sales growth and adjusted EPS of $7.22, a 16% increase year-over-year. Management raised its FY26 adjusted EPS guidance to $30 at the midpoint, reflecting confidence in sustained profitability and operational momentum. The strong earnings performance, coupled with improved demand in key segments like aerospace, drove immediate investor optimism. This marked a significant intraday move for the stock, which has gained 33.4% year-to-date, underscoring the market’s positive reception to Parker-Hannifin’s execution and growth trajectory.