PH

Parker-Hannifin Corporation

October 7, 2026 · market open

Rarity
1.17
Peak move
−3.38%
Float cap
$123.9B

Parker-Hannifin Corporation is a global leader in motion and control technologies. It designs, manufactures, and provides aftermarket support for highly engineered solutions serving aerospace and defense, industrial equipment, transportation, off-highway, energy, and HVAC and refrigeration markets. The company sells to original equipment manufacturers, distributors, and end users through two segments: Diversified Industrial and Aerospace Systems.

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What we found

7 events · 0 from SEC or newswire · 0 timed with the move
  • analyst_rating

    Truist Securities issued a positive multi-industry sector outlook citing nine consecutive months of expanding PMI data, naming Parker Hannifin one of the highest-quality multi-industry names and expecting it to beat expectations and raise guidance on organic growth and acquisitions including Filtration Group.

  • institutional_flow

    Congress Asset Management reduced its Parker-Hannifin stake by 4.4% in the third quarter, selling 6,717 shares to retain 146,145 shares valued at roughly $139.6 million.

  • institutional_flow

    Iowa State Bank disclosed a new Parker-Hannifin position in the third quarter, purchasing 1,335 shares worth approximately $1.275 million.

  • institutional_flow

    Ferguson Wellman Capital Management cut its Parker-Hannifin position by 5.6% in the third quarter, selling 6,656 shares to end with 111,839 shares worth about $106.9 million.

  • acquisition_acquirer

    Triad Technologies completed its acquisition of Filtration Corporation of America on October 1, 2026, adding multiple Parker Hannifin-owned brands including Velcon and Meggitt to its portfolio.

  • debt_financing

    Parker-Hannifin completed a senior notes offering totaling about $4.56 billion, with proceeds used to repay the 364-day bridge loan taken out in December 2025 to fund the Filtration Group acquisition.

  • investor_day

    Parker Hannifin will showcase motion and control technologies under the theme 'Engineered to Keep Energy Moving' at ADIPEC 2026 in Abu Dhabi from November 2-5, featuring an interactive digital exhibit of more than 100 Parker products spanning filtration, instrumentation, fittings and hydraulics.