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Parker Scheduled to Present at the Bank of America Global Industrials Conference on March 18 at 10:30 a.m. Greenwich Mean Time (6:30 a.m. Eastern Time)
Globenewswire· 2026-03-12 21:00
Core Viewpoint - Parker Hannifin Corporation is scheduled to present at the Bank of America Global Industrials Conference on March 18, 2026, highlighting its position as a leader in motion and control technologies [1]. Company Overview - Parker Hannifin is recognized as a Fortune 250 global leader in motion and control technologies, with a history of over a century in enabling engineering breakthroughs [2]. - The company has a notable track record of increasing its annual dividend per share for 69 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].
Parker-Hannifin (PH) Benefited from Solid Results in Its Aerospace Segment
Yahoo Finance· 2026-02-25 12:11
Core Insights - Madison Investments reported a 3.43% appreciation for the Madison Large Cap Fund in Q4 2025, outperforming the S&P 500's 2.65% return [1] - The S&P 500 achieved a full-year return of 17.9% for 2025, with a three-year annual growth rate exceeding 21% [1] - Market leadership was characterized by High Beta and Momentum factors, with notable improvements in Healthcare, Financials, and Consumer Discretionary sectors [1] Company Highlights - Parker-Hannifin Corporation (NYSE:PH) is recognized as a leading manufacturer in motion and control technologies, with a market capitalization of $129.122 billion [2] - The stock of Parker-Hannifin closed at $1,023.02 per share on February 24, 2026, with a one-month return of 11.65% and a 52-week gain of 54.86% [2] - In Q4 2025, Parker-Hannifin was among the top five contributors to the Madison Large Cap Fund, showing strong margin improvement and robust results in its aerospace segment [3] Hedge Fund Interest - Parker-Hannifin was held by 64 hedge fund portfolios at the end of Q4 2025, an increase from 57 in the previous quarter [3] - Despite its potential, the company is not listed among the 30 Most Popular Stocks Among Hedge Funds, indicating a selective interest in its stock compared to other investment opportunities [3]
Stifel Revises Parker-Hannifin (PH) Outlook in Diversified Industrials Review
Yahoo Finance· 2026-01-29 23:30
Core Insights - Parker-Hannifin Corporation (NYSE:PH) is recognized as one of the 13 Best February Dividend Stocks to Buy [1] - Stifel raised its price target for Parker-Hannifin to $941 from $869 while maintaining a Hold rating [2] - The stock has increased over 40% in the past year, with aerospace being the standout segment [3] Financial Performance - In fiscal 2025, the aerospace segment achieved 13% growth and expanded operating margins by 300 basis points, driven by cost synergies from the acquisition of Meggitt PLC [4] - The general industrial segment experienced a 3% decline, excluding divestitures [4] - Parker-Hannifin completed two significant acquisitions, including Curtis Instruments for $1 billion and Filtration Group for $9.25 billion [3] Strategic Initiatives - The company continues to implement its "Win 3.0" business excellence framework to integrate new acquisitions [5] - The roll-up strategy has proven effective despite a challenging macroeconomic environment, enhancing investor confidence [5] - Parker-Hannifin specializes in designing and manufacturing motion and control technologies across various end markets [5]
Parker-Hannifin to Buy Filtration Group for $9.25 Billion
Yahoo Finance· 2025-11-11 13:24
Core Viewpoint - Parker-Hannifin has agreed to acquire Filtration Group for $9.25 billion, enhancing its industrial portfolio with a significant filtration technologies manufacturer [1][2]. Group 1: Acquisition Details - The acquisition will be financed through a mix of new debt and cash reserves [2]. - The transaction is subject to regulatory approvals and is expected to close within six to twelve months [2]. Group 2: Filtration Group Overview - Filtration Group, a privately held affiliate of Madison Industries, specializes in filtration systems for industrial, automotive, and heating-and-cooling applications [3]. - Approximately 85% of Filtration Group's sales are derived from the aftermarket, providing consistent recurring revenue across various product lines [3]. Group 3: Financial Projections and Strategic Impact - Filtration Group is projected to achieve sales of around $2 billion by 2025 [4]. - The acquisition is part of Parker-Hannifin's strategy to invest in high-quality businesses that enhance portfolio transformation, accelerate sales growth, and improve profitability [4]. - This deal is expected to create one of the largest global industrial filtration businesses [4]. Group 4: Company Background - Parker-Hannifin, based in Cleveland, manufactures motion and control technologies with annual sales nearing $20 billion [5].