Welcome to our dedicated page for Parker-Hannifin news (Ticker: PH), a resource for investors and traders seeking the latest updates and insights on Parker-Hannifin stock.
Parker-Hannifin Corporation reports news around its motion and control technologies business, which supplies hydraulic, electromechanical, climate control and filtration components used in aerospace, mobile equipment, transportation and industrial automation applications. Company updates commonly address quarterly sales, organic growth, orders, segment operating margin, earnings per share, operating cash flow and full-year outlook.
Recurring developments for PH also include share repurchases, cash dividend declarations, investor conference presentations and governance or capital-structure announcements. The company’s news reflects an industrial manufacturer with a broad component portfolio and exposure to customer orders, product mix, acquisitions, divestitures, supply relationships and large program execution.
Parker Hannifin Corporation (NYSE: PH) will release its fiscal 2021 fourth quarter and full-year earnings on August 5, 2021. A conference call is scheduled for 11:00 a.m. Eastern time, where the company will discuss financial results and answer questions from investors and analysts. The conference call will be accessible via webcast on Parker's investor website, with a recorded replay available later that day. Parker has a strong history of shareholder returns, having increased its annual dividend per share for 65 consecutive years, placing it among the top five in the S&P 500.
Parker Hannifin Corporation (NYSE: PH) will present at the Wolfe Research Global Transportation and Industrials Conference on May 26, 2021, at 1:00 p.m. Eastern time. Tom Williams, Chairman and CEO, will represent the company. The presentation will be available via live webcast on the investor information website and archived for future access. Parker has a strong history, increasing its annual dividend per share for 65 consecutive years, making it one of the top performers in the S&P 500 for dividend increases.
Parker Hannifin (NYSE: PH), the global leader in motion and control technologies, announced its participation in the Goldman Sachs Industrials and Materials Conference on May 11, 2021, at 1:00 p.m. Eastern time. Tom Williams, the Chairman and CEO, will present at this virtual event.
The presentation will be live-streamed on Parker's investor website and later archived. With a history of over 65 consecutive years of increasing dividends, Parker is recognized as one of the top dividend payers in the S&P 500.
Parker Hannifin Corporation (NYSE:PH) announced its membership in the Hydrogen Council, a global CEO-led initiative aimed at promoting hydrogen as part of the clean energy transition. Established in 2017, the council has grown to over 100 members from various sectors. Parker will collaborate with other companies to advance investment in hydrogen and fuel cell technologies, aligning with its strategy of investing in sustainable energy solutions. CEO Tom Williams highlighted hydrogen's critical role in future energy sources and emphasized Parker's commitment to environmentally impactful technologies.
Parker Hannifin Corporation (NYSE: PH) reported exceptional fiscal 2021 third-quarter results, achieving record net income of $471.6 million, up 28% year-over-year. Earnings per share reached $3.59, a 27% increase from the prior year, with adjusted EPS at $4.11. Sales rose to $3.75 billion, compared to $3.70 billion in Q3 2020. Additionally, the company's EBITDA margin was 21.6%, and year-to-date cash flow from operations was a record $1.88 billion, representing 18.1% of sales. Parker raised its EPS guidance for the fiscal year to $12.96-$13.26, reflecting strong performance and positive macroeconomic conditions.
Parker Hannifin Corporation (NYSE: PH) announced a quarterly cash dividend of $1.03 per share, up 17% from the previous $0.88 dividend. This increase reflects the Board's confidence in the company’s financial position and cash flow generation. The dividend is payable on June 4, 2021, to shareholders of record as of May 7, 2021. This marks the 284th consecutive quarterly dividend and reinforces the company’s commitment to returning value to shareholders.
Parker Hannifin Corporation (NYSE: PH) announced the election of William F. Lacey to its Board of Directors, effective April 22, 2021. Lacey, currently President and CEO of GE Lighting, has extensive experience in financial and operational leadership within General Electric, where he has worked since 1992. Chairman Tom Williams highlighted Lacey's impressive knowledge and operational proficiency as vital to Parker's growth and financial performance. Parker Hannifin boasts a robust dividend history, increasing dividends for 64 consecutive years, making it one of the top five in the S&P 500 index.
Parker Hannifin Corporation (NYSE: PH) is set to announce its fiscal 2021 third quarter earnings on April 29, 2021, prior to market open. Following this, a conference call will be held at 11:00 a.m. Eastern time to discuss the results and address investor inquiries. The event will also be webcast on Parker's investor website. Notably, Parker has maintained a strong track record in shareholder returns, with 64 consecutive years of annual dividend increases, placing it among the top five companies in the S&P 500 for this metric.
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Parker Hannifin Corporation (NYSE: PH) will present at the Bank of America Global Industrials Conference on March 16, 2021, at 12:30 p.m. Eastern time. The presentation will be led by Lee Banks, President and COO, and can be accessed live on Parker's investor website. This event marks a continuation of Parker's commitment to shareholder engagement.
With over 100 years of experience, Parker has a robust history of innovation and has increased its annual dividend for 64 consecutive years, ranking among the top five for dividend increases in the S&P 500.