Parker-Hannifin Corporation (NYSE:PH) reported its fourth-quarter 2024 earnings, surpassing analyst expectations with an adjusted earnings per share (EPS) of $6.53, compared to the forecasted $6.23.

Shares of Parker Hannifin Corp. advanced 5.72% to $703.89 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 ...

Parker Hannifin is a well-run diversified industrial conglomerate with exposure to a wide variety of end markets. We believe part of Parker’s strength lies in its broad range of motion and control ...

Parker-Hannifin forecasts FY25 organic growth at approximately 2%. The aerospace segment’s growth outlook was lifted to 11%, driven by robust aftermarket demand and improvements in OEM production ...