For most investors, how much a stock's price changes over time is important. Not only can it impact your investment portfolio, but it can also help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you'd invested in Parker-Hannifin (PH) ten years ago? It may not have been easy to hold on to PH for all that time, but if you did, how much would your investment be worth today?
Parker-Hannifin's Business In-Depth
With that in mind, let's take a look at Parker-Hannifin's main business drivers.
Based in Cleveland, OH, Parker-Hannifin Corporation is a global diversified manufacturer of motion and control technologies and systems. The company provides precision engineered solutions for a wide variety of mobile, industrial and aerospace markets. On a geographical basis, the company has operations in North America (67.5% of fiscal 2025 net sales), Europe (19.5%), the Asia Pacific (11.9%) and Latin America (1.1%).
The Diversified Industrial Segment (68.8% of fiscal 2025 sales): This segment is engaged in the production of a wide range of motion-control and fluid systems & components. The products offered by this segment are used in transportation, mobile construction, refrigeration and air conditioning, agriculture and other markets.
The segment sells its products through two main channels, namely, original equipment manufacturers (OEMs) and an extensive distribution network serving smaller OEMs and the aftermarket.
Products offered include sealing devices (dynamic and static); filters, systems and instruments to monitor and remove contaminants from fuel, air, oil, water and other liquids and gases; fluid connectors that control, transmit and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; and high-quality flow control solutions.
The Aerospace Systems Segment (31.2%): This segment supervises the designing and manufacturing of products and also provides aftermarket support for a broad range of aerospace products including commercial, business jet, military and general aviation aircraft and missile.
Products offered include control actuation systems & components, fluid metering, delivery & atomization devices, fuel systems & components, pneumatic control components, hydraulic systems & components, lubrication components and electric power applications among others.
The segment's products and services are offered to OEM and maintenance, repair and overhaul (MRO) customers throughout the world. Notably, the products are marketed by field sales employees and are sold to manufacturers as well as end customers.
Bottom Line
Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Parker-Hannifin, if you bought shares a decade ago, you're likely feeling really good about your investment today.
A $1000 investment made in December 2015 would be worth $8,271.69, or a gain of 727.17%, as of December 2, 2025, according to our calculations. This return excludes dividends but includes price appreciation.
In comparison, the S&P 500's gained 224.01% and the price of gold went up 287.08% over the same time frame.
Analysts are forecasting more upside for PH too.
Parker-Hannifin is benefiting from steady demand in the commercial and military end markets across both OEM and aftermarket channels within the Aerospace segment. The accretive acquisitions spark optimism in the stock. The Win strategy is driving its margins and allowing the company to continue returning value to shareholders. In April 2025, Parker-Hannifin hiked its quarterly dividend rate by 10% to $1.80 per share. Due to these positives, the company's shares have outperformed the industry in the year-to-date period. However, weakness in the Diversified Industrial segment, due to softness in the off-highway end market and a decrease in demand for automotive cars, is worrisome. The company's high debt level is an added woe. Also, given Parker-Hannifin's international presence, foreign currency headwinds are concerning.
The stock is up 10.91% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 8 higher, for fiscal 2025. The consensus estimate has moved up as well.
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Parker-Hannifin Corporation (PH): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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