Stifel downgraded Parker-Hannifin from Buy to Hold and set a new price target of $691.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 6/28/2024 | $610.00 | Outperform | Raymond James |
| 5/28/2024 | $550.00 → $650.00 | Neutral → Buy | Mizuho |
| 3/14/2024 | $602.00 | Buy | Truist |
| 3/1/2024 | $300.00 → $500.00 | Underperform → Market Perform | TD Cowen |
8-K - Parker-Hannifin Corp (0000076334) (Filer)
8-K - Parker-Hannifin Corp (0000076334) (Filer)
FWP - Parker-Hannifin Corp (0000076334) (Subject)
4 - Parker-Hannifin Corp (0000076334) (Issuer)
4 - PARKER HANNIFIN CORP (0000076334) (Issuer)
4 - PARKER HANNIFIN CORP (0000076334) (Issuer)
CLEVELAND, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today reported results for the quarter ended December 31, 2024, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Second Quarter Highlights: Sales were $4.7 billion; organic sales growth was 1%Net income was $949 million, an increase of 39%, or $853 million adjusted, an increase of 6%EPS were $7.25, an increase of 39%, or $6.53 adjusted, an increase of 6%Segment operating margin was 22.1%, an increase of 100 bps, or 25.6% adjusted, an increase of 110 bpsYTD cash flow from operations increased 24% to $1.7 bil
CLEVELAND, Jan. 23, 2025 (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 $1.63 per share of common stock to shareholders of record as of February 7, 2025. The dividend is payable March 7, 2025. This is the company's 299th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 68 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 t
CLEVELAND, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2025 second quarter earnings before the market opens on Thursday, January 30, 2025, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2025 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
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
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
SC 13G/A - PARKER HANNIFIN CORP (0000076334) (Subject)
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, Feb. 13, 2025 (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 2025 Global Industrial Tech and Mobility Conference in Miami, Florida on February 20, 2025 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 d
CLEVELAND, Feb. 12, 2025 (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 Barclays Industrial Select Conference in Miami Beach, Florida on February 19, 2025 at 11:00 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 dividend per
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