Parker(PH)
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Parker Elects E. Jean Savage to its Board of Directors
GlobeNewswire News Room· 2024-07-10 12:30
### CLEVELAND, July 10, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced the election of E. Jean Savage to its Board of Directors, effective July 10, 2024. 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. Learn more at www.parker.com or @parkerhannifin. Ms. Savage is currently Pr ...
Cash Flow Alert: 3 Stocks That Just Raised Their Dividends
Investor Place· 2024-07-01 17:40
Studies show that companies that initiate a dividend and grow the payout over time outperform all other stocks on the market. And why not? Dividend growth stocks have a successful track record of financial discipline and profitability. It allows their competent executives to exploit a competitive edge in their industry. UnitedHealth Group (UNH) Health insurer UnitedHealth Group (NYSE:UNH) raised its dividend 12% to $2.10 per share last month. This marks the company's 14th consecutive year of raising the pay ...
Kaon Interactive Powers Parker Hannifin's Digital Transformation to Drive Market Segment Growth
Prnewswire· 2024-06-26 13:45
Parker has chosen the Kaon High Velocity Marketing Platform to help accelerate its digital transformation, focusing on interactive customer engagement applications. Kaon's solutions enable dynamic interaction with customers, allowing them to explore and understand the impact and value of various Parker technologies. This initiative aligns with Parker's target to achieve organic growth in key markets by 4-6% annually. About Kaon Interactive HOUSTON, June 26, 2024 /PRNewswire/ -- Kaon Interactive, the leader ...
Parker-Hannifin: 'ETF-Like' Industrial Dividend Giant Poised For Long-Term Gains
Seeking Alpha· 2024-06-13 10:11
Introduction Even better, and with regard to my aerospace comments, going forward, the company believes it is in a great spot to capitalize on several long-term secular trends, including clean technology, electrification, digitalization, and aerospace. To add some details, the company's clean technology initiatives, like hydrogen fuel cells and electrolyzers, are expected to capture a $5 billion market through 2030, with double-digit revenue growth. 4 Acr g Market tes III co Verticals In Plan Aerospace & De ...
Parker-Hannifin (PH) to Gain From Business Strength Amid Risks
ZACKS· 2024-06-03 17:01
The company remains focused on acquiring businesses to gain access to new customers, regions and product lines. In September 2022, it acquired Meggitt plc, a global leader in motion and control technologies. The acquisition expanded PH's presence in the UK, positioning it well to provide a broader suite of solutions for aircraft, and aero-engine components and systems. Acquisitions boosted the company's sales by 3.4% in the first nine months of fiscal 2024. Parker-Hannifin has been gaining from its unique W ...
Parker's Promising Future Highlighted at Investor Day, Win Strategy™ Enables Sustainable Growth, New 5-Year Targets Announced
Newsfilter· 2024-05-16 21:00
CLEVELAND, May 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today hosted its 2024 investor meeting where members of the Office of the Chief Executive presented an update on the company's ongoing transformation, detailed how Parker is positioned for continued growth from secular trends, reinforced the importance of The Win StrategyTM in driving growth and margin expansion, and announced new five-year financial performance targets fo ...
Parker's Promising Future Highlighted at Investor Day, Win Strategy™ Enables Sustainable Growth, New 5-Year Targets Announced
globenewswire.com· 2024-05-16 21:00
CLEVELAND, May 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today hosted its 2024 investor meeting where members of the Office of the Chief Executive presented an update on the company's ongoing transformation, detailed how Parker is positioned for continued growth from secular trends, reinforced the importance of The Win StrategyTM in driving growth and margin expansion, and announced new five-year financial performance targets f ...
Parker(PH) - 2024 Q3 - Quarterly Report
2024-05-03 20:11
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 March 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) Ohio 34-0451060 (State or other jurisdiction of (I.R. ...
Parker(PH) - 2024 Q3 - Earnings Call Transcript
2024-05-02 18:50
Parker-Hannifin Corporation (NYSE:PH) Q3 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Jennifer Parmentier - Chairman and CEO Todd Leombruno - EVP and CFO Conference Call Participants Scott Davis - Melius Research Andrew Obin - Bank of America David Raso - Evercore ISI Joe Ritchie - Goldman Sachs Jamie Cook - Truist Securities Nathan Jones - Stifel Julian Mitchell - Barclays Mig Dobre - Baird Jeffrey Sprague - Vertical Research Partners Joe O'Dea - Wells Fargo Joe Giordano - TD ...
Parker(PH) - 2024 Q3 - Quarterly Results
2024-05-02 11:53
For Release: Immediately Exhibit 99.1 Contact: Media - Aidan Gormley - Director, Global Communications and Branding 216-896-3258 aidan.gormley@parker.com Financial Analysts - Jeff Miller - Vice President, Investor Relations 216-896-2708 jeffrey.miller@parker.com Stock Symbol: PH - NYSE Parker Reports Fiscal 2024 Third Quarter Results – Sales were a record at $5.07 billion; organic sales increased 1% – Segment operating margin was 21.5%, or a record 24.7% adjusted, an increase of 150 basis points – EPS were ...