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Parker-Hannifin Corp. - PH STOCK NEWS

Welcome to our dedicated news page for Parker-Hannifin (Ticker: PH), a resource for investors and traders seeking the latest updates and insights on Parker-Hannifin.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Parker-Hannifin's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Parker-Hannifin's position in the market.

Rhea-AI Summary
Parker Hannifin Corporation (NYSE: PH) released its fiscal year 2023 Sustainability Report, highlighting its efforts to protect the environment, advance clean technologies, create safe workplaces, and strengthen communities. The report showcases a broad range of products and systems designed to help customers minimize reliance on natural resources, increase efficiencies, and reduce carbon emissions.
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0.23%
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Rhea-AI Summary
Parker Hannifin Corporation is scheduled to present at the Robert W. Baird Global Industrial Conference on November 7, 2023. The live webcast of the presentation will be accessible on Parker's investor website and will be archived on the site. Parker Hannifin is a Fortune 250 global leader in motion and control technologies with a long-standing record of increasing dividends.
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Parker Hannifin Corporation reported record sales of $4.8 billion in the fiscal 2024 first quarter, a 15% increase compared to the same period last year. Net income was $650.8 million, a significant increase from $387.9 million in the prior year quarter. The company also raised its outlook for segment operating margin and earnings per share.
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9.21%
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Parker Hannifin Corporation announced the retirement of two long-serving executives, William R. “Skip” Bowman and Roger S. Sherrard. Patrick M. Scott and Jay P. Reidy have been elected to succeed them. Bowman and Sherrard have served the company for 40 and 34 years, respectively. Scott joined Parker in 2016 and Reidy joined in 2003. The retirements will be effective on December 31, 2023, and the new appointments will be effective on January 1, 2024.
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0.9%
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Parker Hannifin Corporation declares a regular quarterly cash dividend of $1.48 per share of common stock. The dividend is payable on December 1, 2023. Parker has a strong dividend track record, increasing its annual dividends per share for 67 consecutive fiscal years.
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0.66%
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Parker Hannifin Corporation announces retirement of Vice Chairman and President Lee C. Banks and appointment of Andrew D. Ross as President and Chief Operating Officer
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Parker Hannifin Corporation announces Jennifer A. Parmentier as Chairman of the Board, effective January 1, 2024, succeeding Thomas L. Williams who will retire on December 31, 2023.
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-1.54%
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Parker Hannifin Corporation will release its fiscal 2024 first quarter earnings on November 2, 2023, followed by a conference call. The company has a strong track record of increasing its annual dividend per share for 67 consecutive fiscal years.
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1.75%
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Parker Hannifin Corporation to webcast its Annual Meeting of Shareholders
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-1.06%
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Parker Meggitt has received Supplemental Type Certificate (STC) for its iPRESSTM wireless tire pressure gauge for aviation. The sensor uses wireless technology to provide accurate tire pressure readings and is integrated into an app for smartphones and tablets. It offers an easy retrofit solution and can help increase efficiency and safety in aircraft maintenance.
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1.47%
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Parker-Hannifin Corp.

NYSE:PH

PH Rankings

PH Stock Data

70.67B
127.55M
0.46%
84.1%
0.8%
Other Aircraft Parts and Auxiliary Equipment Manufacturing
Manufacturing
Link
US
Cleveland

About PH

parker hannifin is a fortune 250 global leader in motion and control technologies. for 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets. learn more at www.parker.com, www.phstock, or on twitter @parkerhannifin. executive officers: thomas l. williams, chief executive officer lee c. banks, chief operating officer cathy suever, executive vice president - finance & administration and chief financial officer subscribe to parker's technology blog at http://blog.parker.com follow us: twitter at http://twitter.com/parkerhannifin facebook at http://facebook.com/parkerhannifin youtube channel http://youtube.com/parkervideo the company's products are vital to virtually everything that moves or requires control, including the manufacture and processing of raw materials, durable goods, infrastructure development and all forms of transport. key technology areas are aerospace, climate control, electromechanical, filtrati