Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.
IPO Year:
Exchange: NYSE
Website: parker.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/27/2026 | $1090.00 | Outperform | BMO Capital Markets |
| 1/6/2026 | $1050.00 | Overweight | Analyst |
| 9/4/2025 | $809.00 | Buy → Hold | Deutsche Bank |
| 8/15/2025 | $860.00 | Positive | Susquehanna |
| 6/5/2025 | $700.00 | Equal-Weight | Morgan Stanley |
| 4/3/2025 | Outperform → Peer Perform | Wolfe Research | |
| 2/7/2025 | $795.00 | Buy | Citigroup |
| 12/12/2024 | $786.00 | Peer Perform → Outperform | Wolfe Research |
| 11/18/2024 | $691.00 | Buy → Hold | Stifel |
| 11/13/2024 | $842.00 | Buy | UBS |
SD - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
144 - Parker-Hannifin Corp (0000076334) (Subject)
10-Q - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
10-Q - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
Fastest customizable press release news feed in the world
Adds complementary flight-critical motion and flow control capabilitiesProprietary technologies for current and next generation commercial and defense platforms$270M in expected CY2026 sales with more than 40% adjusted EBITDA margin before synergies80% OEM business balanced 50/50 across commercial and defenseDouble-digit sales growth expected to continue, driven by leading positions on premier programsExpected to be immediately accretive to sales growth, EBITDA margins, adjusted EPS and cash flow CLEVELAND, May 21, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has entered into a definitive agre
KKR and CIRCOR International ("CIRCOR" or the "Company"), a global manufacturer of flow control products for industrial, naval, and aerospace markets, today announced the signing of a definitive agreement to sell CIRCOR Aerospace, the Company's aerospace division, to Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, for $2.55 billion. Funds managed by KKR first acquired CIRCOR for $1.8 billion in 2023 and will maintain ownership of CIRCOR's Naval and Industrial businesses. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520542910/en/ With more than 75 years of heritage in fluid contro
CLEVELAND, April 30, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2026, that included the following highlights (compared with the prior year period): Fiscal 2026 Third Quarter Highlights: Sales increased 11% to a record $5.5 billion; organic sales increased 6.5%Segment operating margin was 23.4%, an increase of 20 bps, or 26.7% adjusted, an increase of 40 bpsNet income was $0.9 billion, a decrease of 6% compared with the third quarter of fiscal 2025 which included a one-time discrete tax benefit of $180 millionAdjusted net income increased 16% to $1.0 billionEPS
CLEVELAND, April 23, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $2.00 per share of common stock to shareholders of record as of May 8, 2026. The dividend is payable June 5, 2026. The dividend represents an 11% increase over the previous quarterly cash dividend of $1.80 per common share and will be the 304th consecutive quarterly dividend paid by the company. "This increase in our quarterly dividend reflects the Board's confidence in our consistent cash flow generation and long-term outlook," said Jenny Parmentier, Chairman and Chi
CLEVELAND, April 14, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 third quarter earnings before the market opens on Thursday, April 30, 2026, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 third quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later t
CLEVELAND, March 12, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Bank of America Global Industrials Conference in London, England on March 18, 2026 at 10:30 a.m. Greenwich Mean Time (6:30 a.m. Eastern Time). A live webcast of the presentation will be accessible on Parker's investor information website at investors.parker.com and will be archived on the site. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has i
CLEVELAND, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it is scheduled to present at Citi's 2026 Global Industrial Tech and Mobility Conference in Miami, Florida on February 19, 2026 at 11:20 a.m. Eastern time. A live webcast of the presentation will be accessible on Parker's investor information website at investors.parker.com and will be archived on the site. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has increased its annual di
CLEVELAND, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended December 31, 2025, that included the following highlights (compared with the prior year period): Fiscal 2026 Second Quarter Highlights: Sales increased 9% to a record $5.2 billion; organic sales increased 6.6%Segment operating margin was 23.9%, an increase of 180 bps, or 27.1% adjusted, an increase of 150 bpsNet income was $845 million, a decrease of 11% compared with the second quarter of fiscal 2025 which included a one-time after-tax gain from divestitures of $223 millionAdjusted net income increased 15%
CLEVELAND, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.80 per share of common stock to shareholders of record as of February 6, 2026. The dividend is payable March 6, 2026. This is the company's 303rd consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 69 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more th
CLEVELAND, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 second quarter earnings before the market opens on Thursday, January 29, 2026, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 second quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay late
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
BMO Capital Markets initiated coverage of Parker-Hannifin with a rating of Outperform and set a new price target of $1,090.00
Analyst initiated coverage of Parker-Hannifin with a rating of Overweight and set a new price target of $1,050.00
Deutsche Bank downgraded Parker-Hannifin from Buy to Hold and set a new price target of $809.00
Susquehanna initiated coverage of Parker-Hannifin with a rating of Positive and set a new price target of $860.00
Morgan Stanley initiated coverage of Parker-Hannifin with a rating of Equal-Weight and set a new price target of $700.00
Wolfe Research downgraded Parker-Hannifin from Outperform to Peer Perform
Citigroup initiated coverage of Parker-Hannifin with a rating of Buy and set a new price target of $795.00
Wolfe Research upgraded Parker-Hannifin from Peer Perform to Outperform and set a new price target of $786.00
Stifel downgraded Parker-Hannifin from Buy to Hold and set a new price target of $691.00
UBS initiated coverage of Parker-Hannifin with a rating of Buy and set a new price target of $842.00
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
Live Leadership Updates
Adds complementary flight-critical motion and flow control capabilitiesProprietary technologies for current and next generation commercial and defense platforms$270M in expected CY2026 sales with more than 40% adjusted EBITDA margin before synergies80% OEM business balanced 50/50 across commercial and defenseDouble-digit sales growth expected to continue, driven by leading positions on premier programsExpected to be immediately accretive to sales growth, EBITDA margins, adjusted EPS and cash flow CLEVELAND, May 21, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has entered into a definitive agre
CLEVELAND, May 08, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Robert W. Malone, Vice President and President – Filtration Group, will retire on August 31, 2025, after 12 years of dedicated service to the company. Parker's Board of Directors has elected Matthew A. Jacobson, currently Vice President of Operations – Motion Systems Group, to succeed Mr. Malone as Vice President and President – Filtration Group, effective July 1, 2025. Mr. Malone was elected as Vice President and President – Filtration Group in 2014. He joined Parker in 2013 as Vice President of Operations for the Filtration Group.
CLEVELAND, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Joachim Guhe, President - Europe, Middle East and Africa (EMEA) Group, will retire after 32 years of dedicated service. Mr. Guhe will step down from his current role on June 30, 2025, but continue with the company until August 31, 2025, to ensure a successful leadership transition. The company has appointed Thomas Ottawa, currently Vice President of Operations - Motion Systems Group Europe, to succeed Mr. Guhe as President - Europe, Middle East and Africa (EMEA) Group, effective July 1, 2025. "In the more than three decades he spen
Industry veteran Kevin Vicha appointed CEO of Axillon Aerospace, a leading provider of specialty materials for the defense and commercial aerospace markets. SK Capital, a private investment firm focused on the specialty materials, ingredients and life sciences sectors, completed its previously announced acquisition of the North America Composites & Fuel Containment Division of Parker Hannifin Corporation (NYSE:PH). The business, which has been renamed Axillon Aerospace ("Axillon Aerospace" or the "Company"), is a leading provider of engineered carbon fiber composite components and fuel containment solutions for the defense and commercial aerospace markets. Axillon Aerospace generates annua
February 26, 2024-- ITT Inc. (NYSE:ITT) today announced the appointment of Michael G. Guhde as president of its Connect & Control Technologies (CCT) business, reporting to Chief Executive Officer Luca Savi. CCT, one of ITT's three segments, is a leading manufacturer of connectors and control components for critical applications in the aerospace, defense and industrial markets. Guhde will be based at CCT's headquarters in Irvine, CA. Guhde joins ITT from Illinois Tool Works (NYSE:ITW), where he led a large, global business serving the automotive industry through the development and manufacture of highly engineered components. In this role, he oversaw several business improvements that led
CLEVELAND, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Lee C. Banks, Vice Chairman and President and a Director, will retire on December 31, 2023, after 32 years of dedicated service to the company. Andrew D. Ross, currently Chief Operating Officer, has been elected by the Board of Directors as President and Chief Operating Officer, effective January 1, 2024. "During his career, Lee successfully led several of our largest businesses, globally expanded our distribution network that now stands among our greatest competitive strengths, and significantly raised the bar for operational exce
CLEVELAND, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has elected Jennifer A. Parmentier, currently Chief Executive Officer and a Director, as Chairman of the Board, effective January 1, 2024. Ms. Parmentier will succeed Thomas L. Williams, Executive Chairman, who will retire on December 31, 2023, as previously announced. "We congratulate and look forward to working with Jenny in her expanded role as Chairman of the Board," said James L. Wainscott, Parker's independent Lead Director. "Our dual leadership structure, consisting of both a Chairman of the Board and
CLEVELAND, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has elected Jennifer A. Parmentier as Chief Executive Officer and Andrew D. Ross as Chief Operating Officer, each effective January 1, 2023. Parker also announced that its Board approved, effective January 1, 2023, an increase in the size of the Board from twelve to thirteen Directors and the appointment of Parmentier as a member of the Board. Parmentier will succeed Thomas L. Williams as Chief Executive Officer and will report to the Board of Directors. Williams has served as Chief Executive Officer since 20
CLEVELAND, July 28, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Andrew M. Weeks, Vice President and President – Engineered Materials Group, will retire effective August 31, 2022. "We are grateful to Andy for his leadership of the Engineered Materials Group during a period of significant growth and transformation," said Tom Williams, Chairman and Chief Executive Officer. "He has held leadership positions spanning multiple operating groups within Parker and we appreciate his many years of service to our company. Our strategic approach to succession planning will allow us to fill this import
CLEVELAND, May 03, 2022 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that Robin J. Davenport, Vice President - Corporate Finance, will retire effective December 31, 2022, after 19 years of dedicated service to the company. "Robin should take pride in all she has accomplished throughout her career and nearly two decades with Parker," said Todd Leombruno, Executive Vice President and Chief Financial Officer. "As a corporate finance leader, Robin not only served as Parker's primary contact to the investment community but helped lead the company through several phases of growth and expansion, navigate perio
Live finance-specific insights
KKR and CIRCOR International ("CIRCOR" or the "Company"), a global manufacturer of flow control products for industrial, naval, and aerospace markets, today announced the signing of a definitive agreement to sell CIRCOR Aerospace, the Company's aerospace division, to Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, for $2.55 billion. Funds managed by KKR first acquired CIRCOR for $1.8 billion in 2023 and will maintain ownership of CIRCOR's Naval and Industrial businesses. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520542910/en/ With more than 75 years of heritage in fluid contro
CLEVELAND, April 30, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2026, that included the following highlights (compared with the prior year period): Fiscal 2026 Third Quarter Highlights: Sales increased 11% to a record $5.5 billion; organic sales increased 6.5%Segment operating margin was 23.4%, an increase of 20 bps, or 26.7% adjusted, an increase of 40 bpsNet income was $0.9 billion, a decrease of 6% compared with the third quarter of fiscal 2025 which included a one-time discrete tax benefit of $180 millionAdjusted net income increased 16% to $1.0 billionEPS
CLEVELAND, April 23, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $2.00 per share of common stock to shareholders of record as of May 8, 2026. The dividend is payable June 5, 2026. The dividend represents an 11% increase over the previous quarterly cash dividend of $1.80 per common share and will be the 304th consecutive quarterly dividend paid by the company. "This increase in our quarterly dividend reflects the Board's confidence in our consistent cash flow generation and long-term outlook," said Jenny Parmentier, Chairman and Chi
CLEVELAND, April 14, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 third quarter earnings before the market opens on Thursday, April 30, 2026, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 third quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later t
CLEVELAND, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended December 31, 2025, that included the following highlights (compared with the prior year period): Fiscal 2026 Second Quarter Highlights: Sales increased 9% to a record $5.2 billion; organic sales increased 6.6%Segment operating margin was 23.9%, an increase of 180 bps, or 27.1% adjusted, an increase of 150 bpsNet income was $845 million, a decrease of 11% compared with the second quarter of fiscal 2025 which included a one-time after-tax gain from divestitures of $223 millionAdjusted net income increased 15%
CLEVELAND, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.80 per share of common stock to shareholders of record as of February 6, 2026. The dividend is payable March 6, 2026. This is the company's 303rd consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 69 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more th
CLEVELAND, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 second quarter earnings before the market opens on Thursday, January 29, 2026, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 second quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay late
Adds complementary and proprietary filtration technologies for critical applications Expands presence in Life Sciences, HVAC/R, and In-Plant and Industrial market verticals $2 billion in expected CY2025 sales, creating one of the largest global industrial filtration businesses 85% aftermarket sales increases Parker Filtration aftermarket sales by 500 bps$220M cost synergies leveraging the power of The Win Strategy™ Expected to be accretive to organic growth, synergized EBITDA margin, adjusted EPS and cash flow Parker to host conference call and webcast today at 8:30 AM Eastern Time CLEVELAND, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in m
CLEVELAND, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended September 30, 2025, that included the following highlights (compared with the prior year period): Fiscal 2026 First Quarter Highlights: Sales were a record $5.1 billion; organic sales growth was 5%Net income was $808 million, an increase of 16%, or $927 million adjusted, an increase of 14%EPS were $6.29, an increase of 18%, or a record $7.22 adjusted, an increase of 16%Segment operating margin was 24.2%, an increase of 160 bps, or 27.4% adjusted, an increase of 170 bpsCash flow from operations was $782 milli
CLEVELAND, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 first quarter earnings before the market opens on Thursday, November 6, 2025, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 first quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later
This live feed shows all institutional transactions in real time.
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)