Parker-Hannifin Corp

PH remains in a Stage 2 advancing phase with a dominant Lockout Rally driving forced participation. Price is tightly tracking rising 9EMA and 20EMA without exhaustion, and the broader trend above the 50DMA and 200DMA remains intact. Both medium- and long-term biases are bullish, and the Lockout Rally override supports immediate buying, with shallow pullbacks into the EMA cluster offering optimal execution zones.

• ↑Record Q3 sales of $5.5B, 6.5% organic growth, EPS up 18% to $8.17.
• ↑Aerospace backlog at $12.5B; FY26 organic growth guide raised to 12%.
• ↓P/E at 35.1x vs. 28.2x industry and 31.4x peers signals overvaluation.