Parker-Hannifin (PH) Stock

PH gains from its strong business performance, acquisitions, and actions that favor shareholders. Nevertheless, difficult situations in the off-highway and transportation sectors are still a worry.

NEW YORK--(BUSINESS WIRE)--SK Capital has completed the purchase of the North America Composites and Fuel Containment Division from Parker Hannifin and has renamed it Axillon Aerospace.

In the first quarter of the fiscal year, PH's sales rose by 1.2% compared to the same period last year, thanks to the strong results from the Aerospace Systems division.

Parker-Hannifin (PH) has strong growth characteristics that may enable it to significantly exceed market performance.

Instead of just focusing on Wall Street's predictions for Parker-Hannifin's (PH) earnings, let's explore some important metrics to better understand how the company might perform in the quarter that ended in September 2024. This will provide a clearer picture of its potential.

Parker-Hannifin (PH) has the right mix of two important factors that could lead to better earnings in its next report. Be ready for the main expectations.

CLEVELAND, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), a top company in motion and control technologies, has announced that its Board of Directors will pay a regular quarterly cash dividend of $1.63 for each share of common stock. This dividend will be given to shareholders who are on record by November 8, 2024, and will be paid on December 6, 2024.

Is Parker-Hannifin (PH) a strong choice for momentum investors? Let's take a closer look.

Parker-Hannifin (PH) is likely to do better than the market because it shows stronger financial growth compared to others.