Parker-Hannifin (PH)

CLEVELAND, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, has released its fiscal year 2024 Sustainability Report. The latest edition highlights how Parker is leading the way to a better tomorrow as its team members enable engineering breakthroughs that advance clean technologies, create efficiencies that reduce emissions and other environmental impacts, take action to keep one another safe and help strengthen their local communities.

CLEVELAND, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced that it is scheduled to present at Raymond James’ 46th Annual Institutional Investors Conference on March 3, 2025 in Orlando, Florida at 11:35 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. 

CLEVELAND, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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. 

CLEVELAND, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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. 

CLEVELAND, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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.

Record segment operating margin, EPS and YTD cash flow from operations

CLEVELAND, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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.

CLEVELAND, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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 later that day.

CLEVELAND, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Robert W. Baird Global Industrial Conference in Chicago, Illinois on November 13, 2024 at 10:50 a.m. Central time (11:50 a.m. Eastern time).

CLEVELAND, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced it has completed the previously announced divestiture of its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners. 

Record sales, segment operating margin and earnings per share; EPS outlook increased

CLEVELAND, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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 November 8, 2024. The dividend is payable December 6, 2024.

CLEVELAND, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced that it will release its fiscal 2025 first quarter earnings before the market opens on Thursday, October 31, 2024, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2025 first 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 later that day.

CLEVELAND, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced that it will webcast its Annual Meeting of Shareholders, which is scheduled for Wednesday, October 23, 2024, at 9:00 a.m., Eastern time. The webcast will be accessible on Parker's investor information website at investors.parker.com and will be archived on the site for one year.

CLEVELAND, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Jefferies Industrials Conference in New York City on September 5, 2024 at 11:00 a.m. Eastern time.

CLEVELAND, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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 August 28, 2024. The dividend is payable September 13, 2024.

Strong Fourth Quarter Caps Record Year; Guidance and FY29 Targets Point to Bright Future

CLEVELAND, July 31, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 fourth quarter and full year earnings before the market opens on Thursday, August 8, 2024, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2024 fourth quarter and full year results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor information website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.

CLEVELAND, July 29, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced it has signed an agreement to divest its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners. With the completion of this transaction the company will have successfully divested businesses and product lines over the past three years that total nearly $450 million in annual sales. The transaction is subject to customary closing conditions.

CLEVELAND, July 10, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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.

CLEVELAND, May 16, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), 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 for fiscal year 2029. The Win StrategyTM is the Parker business system and establishes goals and strategies for engaged people, premier customer experience, profitable growth and financial performance.

CLEVELAND, May 02, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today reported results for the fiscal 2024 third quarter ended March 31, 2024. Sales were $5.07 billion compared with $5.06 billion in the third quarter of fiscal 2023. Net income was $726.6 million compared with $590.9 million in the prior year quarter. Adjusted net income was $850.7 million, an increase of 10% compared with $771.9 million in the third quarter of fiscal 2023. Earnings per share were $5.56 compared with $4.54 in the prior year quarter. Adjusted earnings per share increased 10% to a record at $6.51 compared with $5.93 in the third quarter of fiscal 2023. Fiscal 2024 year-to-date cash flow from operations increased 20% to a record $2.1 billion, or 14.6% of sales, compared with $1.8 billion, or 12.8% of sales, in the prior year. A reconciliation of non-GAAP measures is included in the financial tables of this press release.

CLEVELAND, April 25, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of May 10, 2024. The dividend is payable June 7, 2024. The dividend represents a 10% increase over the previous quarterly cash dividend of $1.48 per common share and will be the 296th consecutive quarterly dividend paid by the company.

Parker Aerospace, a business segment of Parker Hannifin Corporation, the global leader in motion and control technologies, will participate in the HyFIVE consortium of industry and academic partners developing a world-leading liquid hydrogen fuel system and supply chain supporting zero-emission aviation in the 2030s.

CLEVELAND, April 22, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSEPH), the global leader in motion and control technologies, today announced that it will release its fiscal 2024 third quarter earnings before the market opens on Thursday, May 2, 2024, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2024 third quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor information website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.