Parker-Hannifin Stock Price, News & Analysis

Parker Hannifin Corporation (NYSE: PH), a leader in motion and control technologies, will present at the Barclays Industrial Select Conference in Miami Beach, Florida, on February 23, 2022, at 2:25 p.m. Eastern time. The presentation will be led by CEO Tom Williams. Investors can access a live webcast on Parker's investor information website, which will also archive the session. The company has a strong history of increasing its annual dividend, boasting 65 consecutive years of growth, making it one of the top five records in the S&P 500.

Parker Hannifin reported a record second-quarter sales of $3.82 billion, up 12% from the prior year, with organic sales increasing 13%. Net income was $387.6 million or $2.97 EPS, down from $448.4 million or $3.42 in the previous year. Adjusted EPS rose 29% to $4.46. The segment operating margin reached 19.4%, and EBITDA margin was 18.2%. The company raised its fiscal 2022 EPS guidance to $14.42 to $14.92. Despite supply chain challenges, demand trends remain positive, and the acquisition of Meggitt is on track for completion.

Parker Hannifin Corporation (NYSE: PH) has declared a quarterly cash dividend of $1.03 per share, payable on March 4, 2022, to shareholders of record by February 11, 2022. This marks the 287th consecutive quarterly dividend, with the company boasting a 65-year streak of annual dividend increases. Parker is recognized as a global leader in motion and control technologies, contributing to innovative engineering solutions.

Parker Hannifin Corporation (NYSE: PH) will release its fiscal 2022 second-quarter earnings on February 3, 2022, before market opening. A subsequent conference call at 11:00 a.m. Eastern time will discuss these results and address inquiries from institutional investors and analysts. The call will be available via webcast on Parker's investor site, with an archive for later access. Notably, Parker has a strong history of increasing its annual dividend per share for 65 consecutive years, ranking among the top five in the S&P 500.

Parker Hannifin Corporation (NYSE: PH) is set to present at the virtual Robert W. Baird Global Industrial Conference on November 9, 2021, at 3:10 p.m. Eastern time. The presentation will be led by Tom Williams, the company's Chairman and Chief Executive Officer. Investors can access a live webcast on Parker's investor website, which will also host an archived version later. Known for its leadership in motion and control technologies, Parker has achieved a remarkable record of increasing its annual dividend per share for 65 consecutive years.

Parker Hannifin Corporation (NYSE: PH) reported record fiscal 2022 first-quarter results for sales, net income, and earnings per share. Sales rose 17% to $3.76 billion, with net income increasing by 41% to $451.2 million. Earnings per share reached $3.45, up 41% year-over-year. Adjusted EBITDA margin improved to 22.1%. The company raised its fiscal year EPS guidance to $14.52 to $15.22, driven by a robust demand outlook across various sectors. Orders increased by 26%, indicating strong future performance.

Parker Hannifin Corporation (NYSE: PH) declared a quarterly cash dividend of $1.03 per share, payable on December 3, 2021, to shareholders of record by November 12, 2021. This marks the company's 286th consecutive quarterly dividend and continues its streak of increasing annual dividends for 65 years, ranking among the top five longest-running dividend-increase records in the S&P 500 Index.

Parker Hannifin Corporation (NYSE: PH) announced it will release its fiscal 2022 Q1 earnings on November 4, 2021, before the market opens. A conference call will follow at 11:00 a.m. Eastern time to discuss the results and answer questions from investors and analysts. Parker, a leader in motion and control technologies, has raised its annual dividend for 65 consecutive years, ranking among the top five for longest-running dividend increases in the S&P 500. The conference call will be available via webcast on the company's investor website.

Parker Hannifin Corporation (NYSE: PH) will hold its Annual Meeting of Shareholders virtually on October 27, 2021, starting at 9:00 a.m. ET. The meeting can be accessed live via a webcast at www.virtualshareholdermeeting.com/PH2021 or through Parker's investor website. The webcast will remain archived for one year. Parker is a Fortune 250 leader in motion and control technologies, boasting a 65-year history of annual dividend increases, ranking among the top five in the S&P 500.