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) 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.
Parker Hannifin Corporation (NYSE: PH) will present at the Evercore ISI Industrial Conference virtually on March 2, 2021, at 8:35 a.m. Eastern time. The presentation will be led by Tom Williams, Chairman and CEO, and can be accessed via a live webcast on Parker's investor site, which will also archive the event. The company is recognized as a Fortune 250 leader in motion and control technologies, boasting a remarkable history of increasing annual dividends for 64 consecutive years, placing it among the top five in the S&P 500.
Parker Hannifin Corporation (NYSE: PH), a leader in motion and control technologies, will present at the Barclays Industrial Select Conference on February 16, 2021, at 10:10 a.m. Eastern time. The presentation will be delivered by Tom Williams, the Chairman and CEO. A live webcast will be available on Parker's investor website, with an archived version accessible later. Parker Hannifin boasts a strong dividend history, increasing its annual dividend for 64 consecutive years, ranking among the top five in the S&P 500.
Parker Hannifin Corporation (NYSE: PH) reported a record net income of $447.3 million for Q2 fiscal 2021, with EPS at $3.41, boosted by a land sale gain of $76.4 million. Sales totaled $3.41 billion, down from $3.50 billion year-over-year. The operating margin reached 17.4%, while the EBITDA margin was 23.1%. A significant debt reduction of $2.8 billion occurred over 14 months. The company raised its fiscal 2021 EPS guidance midpoint to $12.15, indicating positive growth despite challenges in key markets.
Parker Hannifin Corporation (NYSE: PH) has declared a quarterly cash dividend of 88 cents per share for shareholders of record as of February 10, 2021, payable on March 5, 2021. This marks the company's 283rd consecutive quarterly dividend. Parker has a notable history of increasing annual dividends for 64 consecutive years, ranking among the top five companies for dividend growth in the S&P 500 Index.
Parker Hannifin Corporation (NYSE: PH) announced the election of Jillian C. Evanko and Lance M. Fritz to its Board of Directors, effective January 27, 2021. Evanko, serving as President and CEO of Chart Industries, brings over 18 years of experience in the industrial sector. Fritz, current Chairman and CEO of Union Pacific Corporation, has 35 years of expertise in transportation and industrial markets. Chairman Tom Williams highlighted their operational and financial strengths, expecting them to enhance board performance and accelerate growth under The Win Strategy™.
Parker Hannifin Corporation (NYSE: PH), a leader in motion and control technologies, will release its fiscal 2021 second quarter earnings on February 4, 2021, before market opening. A conference call will follow at 11:00 a.m. Eastern time, where results will be discussed alongside a Q&A session for analysts and investors. The event will be webcast on Parker's investor website and archived for a year. Notably, Parker has a strong dividend history, having increased its annual dividend per share for 64 consecutive years.