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 (NYSE: PH) is a Fortune 250 global company in motion and control technologies, with operations across diversified industrial and aerospace markets. News about Parker-Hannifin often centers on its financial performance, portfolio transformation, capital deployment, and governance decisions, giving investors and analysts insight into how the company manages its manufacturing and aerospace businesses over time.
Earnings-related updates are a recurring theme in Parker-Hannifin news. The company reports results for its diversified industrial and aerospace systems segments, highlighting organic sales growth, segment operating margins, adjusted earnings per share, cash flow from operations, order rates and backlog. These releases also discuss the impact of its business system, The Win Strategy™, on record margins and cash generation, and provide guidance ranges for upcoming fiscal years.
Another key category of news involves acquisitions and portfolio moves. Parker-Hannifin has completed the acquisition of Curtis Instruments, Inc., expanding its electrification capabilities for electric and hybrid vehicle motors and controls and mobile machinery markets. It has also announced an agreement to acquire Filtration Group Corporation, a provider of complementary and proprietary filtration technologies for critical applications, subject to regulatory approvals and other closing conditions. Such announcements describe strategic rationale, expected synergies, and financing arrangements, including new term loan facilities disclosed in SEC filings.
Dividend declarations and share repurchase updates are also frequent topics. Parker-Hannifin regularly announces quarterly cash dividends and notes its long record of consecutive dividend increases, along with updates to share repurchase authorizations. Governance and shareholder-related news includes webcasts of the annual meeting of shareholders, board elections, and the appointment of new directors, as well as participation in investor conferences.
In addition, Parker-Hannifin news may cover collaborations and agreements that support its motion and control and aerospace activities, such as development agreements involving fluidic systems. For ongoing coverage of PH, this news page aggregates company press releases, regulatory news, and other market-moving announcements in one place.
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Parker Hannifin Corporation (NYSE: PH) announced it will release its fiscal 2023 third quarter earnings on May 4, 2023, before market opens. A conference call is scheduled for 11:00 a.m. Eastern time, where the company will discuss its quarterly results and address questions from investors and analysts. The call will be webcast on their investor site, with a slide presentation also available for replay later. Parker has maintained a strong dividend policy, increasing its annual dividend per share for 66 consecutive years, ranking among the top five for longest-running dividend increases in the S&P 500.
Parker Hannifin Corporation (NYSE: PH) announced its participation in the Bank of America Global Industrials Conference in London on March 22, 2023, at 1:05 p.m. GMT (9:05 a.m. ET). The presentation will be led by CEO Jenny Parmentier and will be available via live webcast on Parker's investor information website. This event underscores Parker's status as a global leader in motion and control technologies, a position it has maintained for over a century. Notably, Parker has achieved 66 consecutive years of increased annual dividends per share, ranking among the top five for longest dividend increase records in the S&P 500 index.
Parker Hannifin Corporation (NYSE: PH) is set to present at the Evercore ISI Industrial Conference in New York on March 7, 2023, at 11:00 a.m. Eastern time. Todd Leombruno, the Executive Vice President and CFO, will lead the presentation. A live webcast will be available on Parker's investor information website, where it will also be archived for later access. Celebrated for over 100 years as a leader in motion and control technologies, Parker has consistently increased its annual dividend per share for 66 consecutive years, ranking among the top five in the S&P 500 for dividend increases. More information can be found at www.phstock.com.
Parker Hannifin Corporation (NYSE: PH), a leader in motion and control technologies, will present at the Citi Global Industrial Tech and Mobility Conference on February 23, 2023, at 10:30 a.m. Eastern Time in Miami, Florida. Todd Leombruno, Executive Vice President and Chief Financial Officer, will represent the company. A live webcast of the event is available on Parker's investor site and will be archived for future access.
With over a century of innovation, Parker Hannifin has consistently increased its annual dividend per share for 66 consecutive fiscal years, ranking among the top five in the S&P 500 for dividend increases.
Parker Hannifin Corporation (NYSE: PH), a leader in motion and control technologies, will present at the Barclays Industrial Select Conference on February 22, 2023, at 10:55 a.m. ET in Miami Beach, Florida. Todd Leombruno, Executive Vice President and CFO, will represent the company. A live webcast of the presentation will be available on Parker's investor information website and archived for later access. Parker, a Fortune 250 company, has successfully increased its annual dividend for 66 consecutive years, placing it among the top five in the S&P 500 for long-term dividend increases.
Parker Hannifin Corporation (NYSE: PH) reported record sales of $4.67 billion for the fiscal 2023 second quarter, a 22% increase from $3.82 billion in the previous year. Adjusted net income rose 6% to $618.9 million, with adjusted earnings per share (EPS) reaching a record $4.76, up 7%. The company's organic sales grew by 10% across all segments, contributing to a total segment operating margin of 21.5%. Additionally, Parker increased its full-year guidance for organic growth and adjusted EPS to between $13.50 to $14.00.