Parker-Hannifin

Parker Hannifin’s board of directors has declared a quarterly cash dividend of $2.00 per common share. The dividend will be paid on September 11, 2026 to shareholders of record on August 31, 2026. This is the 305th consecutive quarterly dividend; the company has increased its annual dividend for 70 fiscal years and is among the five S&P 500 companies with the longest streaks of dividend increases. » Mere på de.investing.com

Parker Hannifin has signed a definitive agreement to acquire CIRCOR Aerospace from KKR and CIRCOR International for $2.55 billion. KKR will retain CIRCOR’s naval and industrial businesses after the transaction, while CIRCOR Aerospace operates in civil aviation and defense. Employees will receive a profit distribution from the sale proceeds at closing. The deal is expected to close in the second half of 2026 and is subject to customary conditions and regulatory approvals. » Mere på de.investing.com

S&P Global Ratings has raised the outlook for Parker-Hannifin from “stable” to “positive” and affirmed the ratings at BBB+ and A-2. The move was justified by strong operating performance in the first nine months of fiscal 2026: revenue +7.8%, adjusted EBITDA margin 27.4%, and adjusted leverage of 1.6x as of March 31, 2026. S&P sees potential for an upgrade if the planned $9.25 billion acquisition of Filtration Group is successfully integrated and leverage remains below 3x in 18–24 months. » Mere på de.investing.com

Parker-Hannifin posted record results for Q3 FY2026: adjusted EPS $8.17 (+18% YoY), revenue $5.5bn (+10.6% reported, +6.5% organic) and higher operating margins. Orders rose 9% to a record backlog of $12.5bn; the Aerospace segment grew organically 14.2% and achieved the highest segment margin. The company raised its full-year targets (adjusted EPS target $31.20, operating margin ~27.2%, free cash flow $3.3–3.6bn) and increased the dividend; the stock fell about 5.5% premarket amid a high valuation (P/E ~32.5) and integration risks from the Filtration Group acquisition. » Mere på de.investing.com

Parker Hannifin increases the quarterly cash dividend from $1.80 to $2.00 per common share, an 11% rise. The record date for shareholders is May 8, 2026, and payment will be made on June 5, 2026. The current dividend yield is 0.75%; this is the 304th consecutive quarterly dividend paid and marks the 70th consecutive fiscal-year increase in the annual dividend. » Mere på de.investing.com