Group 1: Aerospace Systems Segment Performance - Parker-Hannifin Corporation is experiencing strong momentum in the Aerospace Systems segment, with organic revenues increasing by 14% year over year in Q2 of fiscal 2025 [1] - The segment is expected to benefit from robust demand in the general aviation market and stable defense spending, projecting an 11% increase in organic sales for fiscal 2025 [1] Group 2: Strategic Acquisitions and Portfolio Expansion - The company completed the acquisition of Meggitt plc in September 2022, enhancing its product offerings in aircraft and aero-engine components [2] - Parker-Hannifin has doubled its aerospace, filtration, and engineered materials portfolio over the past eight years, focusing on longer-cycle products for stable revenue streams [3] Group 3: Financial Performance and Shareholder Returns - The company reported an adjusted segment operating margin of 25.6% in Q2 of fiscal 2025, up 110 basis points from the previous year, with a target of achieving a 27% margin by fiscal 2029 [3] - In April 2024, Parker-Hannifin increased its dividend by 10% to $1.63 per share, rewarding shareholders with $420.1 million in dividends during the first half of fiscal 2025, a 10.2% increase [4] Group 4: Revenue Growth Projections - The company anticipates a revenue growth of 4-6% by fiscal 2029, driven by its Win strategy, macro-CapEx reinvestment, acquisitions, and secular growth trends [3] Group 5: Challenges in Diversified Industrial Segment - The Diversified Industrial segment is facing challenges due to weakness in the off-highway market, particularly in construction and agriculture, affecting both North American and international operations [7] - The transportation end market is also experiencing softness due to lower demand for automotive vehicles [7]

Core Insights - Parker Hannifin Corporation has released its fiscal year 2024 Sustainability Report, emphasizing its leadership in advancing clean technologies and reducing environmental impacts [1][3] - The report highlights Parker's interconnected technologies that align with six key market verticals, driven by electrification and emerging trends, aiding customers in achieving carbon reduction targets [2] Sustainability Achievements - The report details key achievements, including a 23% reduction in Scope 1 and Scope 2 emissions from FY19 to FY23, attributed to over 300 projects aimed at reducing energy footprint [5] - Parker aims to reduce absolute indirect emissions (Scope 3) by 15% by 2030 and 25% by 2040, collaborating with suppliers and implementing new technologies for supply chain efficiencies [5] - The company has achieved a 45% reduction in recordable incident rates over the past five years, with 73% of sites reporting no incidents in FY24, positioning Parker in the top quartile of safety performance in its sector [5] Community Engagement - In FY24, Parker and the Parker Foundation contributed over $11 million in charitable donations and team members performed approximately 15,000 hours of community service, reinforcing the company's commitment to social responsibility [5]

Core Insights - Parker Hannifin Corporation has released its fiscal year 2024 Sustainability Report, emphasizing its leadership in advancing clean technologies and reducing environmental impacts [1][2] - The report highlights Parker's commitment to sustainability through engineering breakthroughs and community engagement [3] Sustainability Initiatives - Parker has initiated over 300 projects since FY19 aimed at reducing its energy footprint, resulting in a 23% reduction in Scope 1 and Scope 2 emissions from FY19 to FY23 [7] - The company aims to reduce its absolute indirect emissions (Scope 3) by 15% by 2030 and 25% by 2040, collaborating with suppliers and implementing new technologies for supply chain efficiencies [7] - Parker's safety performance has improved significantly, with a 45% reduction in recordable incident rates over the past five years, and 73% of sites reporting no incidents in FY24 [7] Community Engagement - In FY24, Parker and the Parker Foundation contributed over $11 million to charitable causes and team members volunteered approximately 15,000 hours in community service [7]

Core Points - Parker Hannifin Corporation is scheduled to present at Raymond James' 46th Annual Institutional Investors Conference on March 3, 2025 [1] - The presentation will be accessible via a live webcast on Parker's investor information website [1] - Parker Hannifin has a strong history of increasing its annual dividend per share for 68 consecutive fiscal years, ranking among the top five longest-running dividend-increase records in the S&P 500 index [2] Company Overview - Parker Hannifin is a Fortune 250 global leader in motion and control technologies [2] - The company has been enabling engineering breakthroughs for over a century [2]

Company Overview - Parker Hannifin Corporation is a Fortune 250 global leader in motion and control technologies, with over a century of experience enabling engineering breakthroughs for a better future [2] - The company has a strong track record of increasing its annual dividend per share for 68 consecutive fiscal years, ranking among the top five longest-running dividend-increase records in the S&P 500 index [2] Upcoming Events - Parker Hannifin is scheduled to present at Raymond James' 46th Annual Institutional Investors Conference on March 3, 2025, at 11:35 a.m. Eastern time [1] - A live webcast of the presentation will be available on Parker's investor information website and will be archived for future access [1]

Core Points - Parker Hannifin Corporation is scheduled to present at Citi's 2025 Global Industrial Tech and Mobility Conference on February 20, 2025 [1] - The presentation will be available via live webcast on Parker's investor information website and will be archived for future access [1] Company Overview - Parker Hannifin is a Fortune 250 company and a global leader in motion and control technologies [2] - The company has a strong track record of increasing its annual dividend per share for 68 consecutive fiscal years, ranking among the top five longest-running dividend-increase records in the S&P 500 index [2]

Company Overview - Parker Hannifin Corporation is a global leader in motion and control technologies, recognized as a Fortune 250 company [2] - The company has a long-standing history of enabling engineering breakthroughs for over a century [2] - Parker has a notable record of increasing its annual dividend per share for 68 consecutive fiscal years, ranking among the top five longest-running dividend-increase records in the S&P 500 index [2] Upcoming Events - Parker Hannifin is scheduled to present at Citi's 2025 Global Industrial Tech and Mobility Conference in Miami, Florida on February 20, 2025, at 11:20 a.m. Eastern time [1] - A live webcast of the presentation will be available on Parker's investor information website and will be archived for future access [1]

Core Viewpoint - Parker Hannifin Corporation is scheduled to present at the Barclays Industrial Select Conference on February 19, 2025, highlighting its position as a leader in motion and control technologies [1]. Company Overview - Parker Hannifin is a Fortune 250 company recognized as a global leader in motion and control technologies, with over a century of experience in enabling engineering breakthroughs [2]. - The company has a strong track record of increasing its annual dividend per share for 68 consecutive fiscal years, ranking among the top five longest-running dividend-increase records in the S&P 500 index [2]. Contact Information - Media inquiries can be directed to Aidan Gormley, Director of Global Communications and Branding, at 216-896-3258 or via email at aidan.gormley@parker.com [3]. - Financial analysts can contact Jeff Miller, Vice President of Investor Relations, at 216-896-2708 or via email at jeffrey.miller@parker.com [3].

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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File number 1-4982 PARKER-HANNIFIN CORPORATION (Exact name of registrant as specified in its charter) | | | (State or other jurisdiction of Incorporatio ...