Parker-Hannifin (PH)
682.57  -3.82 (-0.56%)

Parker-Hannifin is a leading global manufacturer and provider of motion and control technologies, offering a wide range of products and solutions that enhance the efficiency and reliability of various industrial applications. The company operates across multiple sectors, including aerospace, hydraulics, filtration, and automation, designing and producing components such as valves, pumps, and cylinders. Parker-Hannifin is committed to innovation and sustainability, working closely with customers to deliver integrated systems and tailored solutions that optimize performance and reduce environmental impact in diverse industries worldwide.

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Parker Scheduled to Present at Robert W. Baird Global Industrial Conference on November 13 at 10:50 a.m. Central Time (11:50 a.m. Eastern Time)
CLEVELAND, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Robert W. Baird Global Industrial Conference in Chicago, Illinois on November 13, 2024 at 10:50 a.m. Central time (11:50 a.m. Eastern time).
By Parker-Hannifin Corporation · Via GlobeNewswire · November 6, 2024
Parker Completes Divestiture of North America Composites & Fuel Containment Division
CLEVELAND, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced it has completed the previously announced divestiture of its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners. 
By Parker-Hannifin Corporation · Via GlobeNewswire · November 4, 2024
Parker Reports Fiscal 2025 First Quarter Results
Record sales, segment operating margin and earnings per share; EPS outlook increased
By Parker-Hannifin Corporation · Via GlobeNewswire · October 31, 2024
Parker Declares Quarterly Cash Dividend
CLEVELAND, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of November 8, 2024. The dividend is payable December 6, 2024.
By Parker-Hannifin Corporation · Via GlobeNewswire · October 23, 2024
Parker to Announce Fiscal 2025 First Quarter Earnings on October 31; Conference Call and Webcast Scheduled for 11 a.m. Eastern
CLEVELAND, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2025 first quarter earnings before the market opens on Thursday, October 31, 2024, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2025 first quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.
By Parker-Hannifin Corporation · Via GlobeNewswire · October 21, 2024
Parker to Webcast Annual Meeting of Shareholders on October 23 at 9:00 a.m. Eastern
CLEVELAND, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 23, 2024, at 9:00 a.m., Eastern time. The webcast will be accessible on Parker's investor information website at investors.parker.com and will be archived on the site for one year.
By Parker-Hannifin Corporation · Via GlobeNewswire · October 16, 2024
Parker Scheduled to Present at the Jefferies Industrials Conference on September 5 at 11:00 a.m. Eastern Time
CLEVELAND, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Jefferies Industrials Conference in New York City on September 5, 2024 at 11:00 a.m. Eastern time.
By Parker-Hannifin Corporation · Via GlobeNewswire · August 27, 2024
Parker Declares Quarterly Cash Dividend
CLEVELAND, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of August 28, 2024. The dividend is payable September 13, 2024.
By Parker-Hannifin Corporation · Via GlobeNewswire · August 15, 2024
Parker Reports Fiscal 2024 Fourth Quarter and Full Year Results and Issues Guidance for Fiscal 2025
Strong Fourth Quarter Caps Record Year; Guidance and FY29 Targets Point to Bright Future
By Parker-Hannifin Corporation · Via GlobeNewswire · August 8, 2024
Parker to Announce Fiscal 2024 Fourth Quarter and Full Year Earnings on August 8th; Conference Call and Webcast Scheduled for 11 a.m. Eastern
CLEVELAND, July 31, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 fourth quarter and full year earnings before the market opens on Thursday, August 8, 2024, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2024 fourth quarter and full year results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor information website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.
By Parker-Hannifin Corporation · Via GlobeNewswire · July 31, 2024
Parker Agrees to Sell North America Composites & Fuel Containment Division
CLEVELAND, July 29, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced it has signed an agreement to divest its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners. With the completion of this transaction the company will have successfully divested businesses and product lines over the past three years that total nearly $450 million in annual sales. The transaction is subject to customary closing conditions.
By Parker-Hannifin Corporation · Via GlobeNewswire · July 29, 2024
Parker Elects E. Jean Savage to its Board of Directors
CLEVELAND, July 10, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the election of E. Jean Savage to its Board of Directors, effective July 10, 2024.
By Parker-Hannifin Corporation · Via GlobeNewswire · July 10, 2024
Parker’s Promising Future Highlighted at Investor Day, Win Strategy™ Enables Sustainable Growth, New 5-Year Targets Announced
CLEVELAND, May 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today hosted its 2024 investor meeting where members of the Office of the Chief Executive presented an update on the company’s ongoing transformation, detailed how Parker is positioned for continued growth from secular trends, reinforced the importance of The Win StrategyTM in driving growth and margin expansion, and announced new five-year financial performance targets for fiscal year 2029. The Win StrategyTM is the Parker business system and establishes goals and strategies for engaged people, premier customer experience, profitable growth and financial performance.
By Parker-Hannifin Corporation · Via GlobeNewswire · May 16, 2024
Parker Reports Fiscal 2024 Third Quarter Results
CLEVELAND, May 02, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 third quarter ended March 31, 2024. Sales were $5.07 billion compared with $5.06 billion in the third quarter of fiscal 2023. Net income was $726.6 million compared with $590.9 million in the prior year quarter. Adjusted net income was $850.7 million, an increase of 10% compared with $771.9 million in the third quarter of fiscal 2023. Earnings per share were $5.56 compared with $4.54 in the prior year quarter. Adjusted earnings per share increased 10% to a record at $6.51 compared with $5.93 in the third quarter of fiscal 2023. Fiscal 2024 year-to-date cash flow from operations increased 20% to a record $2.1 billion, or 14.6% of sales, compared with $1.8 billion, or 12.8% of sales, in the prior year. A reconciliation of non-GAAP measures is included in the financial tables of this press release.
Parker Increases Quarterly Cash Dividend 10% to $1.63 per Share
CLEVELAND, April 25, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of May 10, 2024. The dividend is payable June 7, 2024. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.48 per common share and will be the 296th consecutive quarterly dividend paid by the company.
By Parker-Hannifin Corporation · Via GlobeNewswire · April 25, 2024
Parker Aerospace Joins HyFIVE Consortium to Advance Aviation Liquid Hydrogen Fuel System Development
Parker Aerospace, a business segment of Parker Hannifin Corporation, the global leader in motion and control technologies, will participate in the HyFIVE consortium of industry and academic partners developing a world-leading liquid hydrogen fuel system and supply chain supporting zero-emission aviation in the 2030s.
By Parker Aerospace · Via Business Wire · April 24, 2024
Parker to Announce Fiscal 2024 Third Quarter Earnings on May 2; Conference Call and Webcast Scheduled for 11 a.m. Eastern Time
CLEVELAND, April 22, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 third quarter earnings before the market opens on Thursday, May 2, 2024, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2024 third quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor information website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.
By Parker-Hannifin Corporation · Via GlobeNewswire · April 22, 2024
Parker to Host 2024 Investor Meeting in New York on May 16 at 2:00 p.m. Eastern Time
CLEVELAND, April 03, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will host its 2024 Investor Meeting in New York City on Thursday, May 16, 2024 beginning at 2:00 p.m. Eastern time. The in-person event will be by invitation only. A live video webcast of the event can be accessed on Parker's investor relations website at investors.parker.com and will be archived on the site for replay.
By Parker-Hannifin Corporation · Via GlobeNewswire · April 3, 2024
Parker Scheduled to Present at the Bank of America Global Industrials Conference on March 19 at 11:25 a.m. Greenwich Mean Time (7:25 a.m. Eastern Time)
CLEVELAND, March 12, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Bank of America Global Industrials Conference in London, England on March 19, 2024 at 11:25 a.m. Greenwich Mean Time (7:25 a.m. Eastern Time). 
By Parker-Hannifin Corporation · Via GlobeNewswire · March 12, 2024
Parker Scheduled to Present at the Evercore ISI Industrial Conference on March 5 at 11:20 a.m. Eastern Time
CLEVELAND, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Evercore ISI Industrial Conference in New York, New York on March 5, 2024 at 11:20 a.m. Eastern time.
By Parker-Hannifin Corporation · Via GlobeNewswire · February 22, 2024
Parker Scheduled to Present at Barclays 41st Annual Industrial Select Conference on February 21 at 10:20 a.m. Eastern Time
CLEVELAND, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Barclays 41st Annual Industrial Select Conference in Miami, Florida on February 21, 2024, at 10:20 a.m. Eastern time.
By Parker-Hannifin Corporation · Via GlobeNewswire · February 15, 2024
Parker Scheduled to Present at Citi’s 2024 Global Industrial Tech and Mobility Conference on February 20 at 11:20 a.m. Eastern Time
CLEVELAND, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at Citi’s 2024 Global Industrial Tech and Mobility Conference in Miami, Florida on February 20, 2024 at 11:20 a.m. Eastern time.
By Parker-Hannifin Corporation · Via GlobeNewswire · February 13, 2024
Parker Reports Fiscal 2024 Second Quarter Results
CLEVELAND, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 second quarter ended December 31, 2023. Sales were a record at $4.8 billion, an increase of 3%, compared with $4.7 billion in the second quarter of fiscal 2023. Net income was $681.9 million compared with $395.2 million in the prior year quarter. Adjusted net income was $802.4 million, an increase of 30% compared with $618.9 million in the second quarter of fiscal 2023. Earnings per share were $5.23 compared with $3.04 in the prior year quarter. Adjusted earnings per share increased 29% to $6.15 compared with $4.76 in the second quarter of fiscal 2023. Fiscal 2024 year-to-date cash flow from operations increased 26% to $1.4 billion, or 14.0% of sales, compared with $1.1 billion, or 12.1% of sales, in the prior year. A reconciliation of non-GAAP measures is included in the financial tables of this press release.
By Parker-Hannifin Corporation · Via GlobeNewswire · February 1, 2024
Parker Declares Quarterly Cash Dividend
CLEVELAND, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.48 per share of common stock to shareholders of record as of February 9, 2024. The dividend is payable March 1, 2024.
By Parker-Hannifin Corporation · Via GlobeNewswire · January 25, 2024
Parker to Announce Fiscal 2024 Second Quarter Earnings on February 1; Conference Call and Webcast Scheduled for 11 a.m. Eastern
CLEVEAND, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 second quarter earnings before the market opens on Thursday, February 1, 2024, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2024 second quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor information website at www.phstock.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.
By Parker-Hannifin Corporation · Via GlobeNewswire · January 24, 2024