PH News & Events

Consensus $30.97. Raises FY26 revenue view to up 7% from up 5.5%-7.5%. Raises FY26 organic sales view to up 5.5% from up 5%.

Reports Q3 revenue $5.5B, consensus $5.4B. "Our global team delivered another quarter of record performance," said Jenny Parmentier, Chairman and Chief Executive Officer. "In the third quarter, we reported record sales, adjusted segment operating income and margin, adjusted earnings per share and year-to-date operating cash flow. These results reflect the strength of our focused portfolio and our ability to use the tools in The Win Strategy(TM) to best serve the needs of our customers. With strong orders and record backlog, we are raising our outlook and now expect mid-teens adjusted EPS growth for the year. Our focus on being great generators and deployers of cash is underscored by our recent decision to raise our quarterly cash dividend by 11%. This extends our track record of increasing our annual dividend payout, which now stands at 70 consecutive fiscal years."

Parker Hannifin has declared a quarterly cash dividend of $2.00 per share of common stock, an 11% increase over the previous quarterly cash dividend of $1.80 per common. The dividend is payable June 5 to shareholders of record as of May 8.