Parker-Hannifin Corporation logo PH - Parker-Hannifin Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 24
HOLD 13
SELL 1
STRONG
SELL 0
| PRICE TARGET: $1,057.42 DETAILS
HIGH: $1,269.00
LOW: $950.00
MEDIAN: $1,044.00
CONSENSUS: $1,057.42
UPSIDE: 10.00%

Stock News

5 Strong Buy Passive Income Giants Have Raised Their Dividends by Double Digits for Years

5 Strong Buy Passive Income Giants Have Raised Their Dividends by Double Digits for Years

Investors love dividend stocks because they provide dependable passive income streams and an excellent opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation. At 24/7 Wall St., we have focused... 5 Strong Buy Passive Income Giants Have Raised Their Dividends by Double Digits for Years

May 26, 2026 03:42 AM • 247wallst.com
Parker to Acquire CIRCOR's Commercial and Defense Aerospace Business

Parker to Acquire CIRCOR's Commercial and Defense Aerospace Business

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 agreement to acquire the Commercial and Defense Aerospace business of CIRCOR International, Inc. on a cash-free, debt-free basis for a cash purchase price of $2.55 billion, which includes expected tax benefits with an estimated net present value of approximately $75 million. The purchase price, net of expected tax benefits, represents 22.7x CIRCOR Aerospace's calendar year 2026 estimated adjusted EBITDA, or 18.2x including expected cost synergies of approximately 10% of calendar year 2026 estimated sales. The transaction is subject to customary closing conditions, including receipt of applicable regulatory approvals, and is expected to close in the second half of calendar year 2026.

May 21, 2026 05:20 AM • globenewswire.com
KKR Sells CIRCOR Aerospace to Parker Hannifin for $2.55 Billion

KKR Sells CIRCOR Aerospace to Parker Hannifin for $2.55 Billion

NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--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.

May 21, 2026 05:15 AM • businesswire.com
Parker Reports Fiscal 2026 Third Quarter Results

Parker Reports Fiscal 2026 Third Quarter Results

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 bps Net 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 million Adjusted net income increased 16% to $1.0 billion EPS were $7.06, a decrease of 4% compared with the third quarter of fiscal 2025 which included a one-time discrete tax benefit of $1.37 Adjusted EPS increased 18% to a record $8.17 Year-to-date cash flow from operations was a record $2.6 billion, or 16.7% of sales Repurchased $275 million of shares in the quarter Company increases outlook for sales and EPS “Our global team delivered another quarter of record performance,” said Jenny Parmentier, Chairman and Chief Executive Officer. “In the third quarter, we reported record sales, adjusted segment operating income and margin, adjusted earnings per share and year-to-date operating cash flow.

Apr 30, 2026 03:30 AM • globenewswire.com

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