Parker-Hannifin Corp

Parker-Hannifin Corporation announced the pricing of two significant debt offerings: a $2.4 billion issuance of U.S. dollar-denominated senior notes and a €2.025 billion issuance of Euro-denominated senior notes. The proceeds from these offerings are earmarked to repay borrowings under a 364-Day Term Loan Agreement, which was incurred in connection with the company's acquisition of Filtration Group Corporation. Both offerings are expected to close around September 14, 2026.

Parker-Hannifin Corporation announced the completion of its previously announced acquisition of Filtration Group Corporation. This strategic move is expected to enhance Parker's portfolio with complementary filtration technologies and expand its aftermarket presence, creating strong recurring revenue streams. The acquisition is projected to add approximately $1.8 billion to Parker's fiscal 2027 sales and be accretive to adjusted EPS for the full fiscal year 2027, with estimated pre-tax cost synergies of $220 million by year three.

Parker-Hannifin Corporation reported record results for its fiscal fourth quarter and full year ended June 30, 2026. The company achieved a record adjusted EPS of $32.31 for the full year and $9.27 for the fourth quarter, alongside record sales of $21.5 billion and $5.8 billion, respectively. Driven by strong performance and strategic acquisitions, Parker-Hannifin also raised its adjusted segment operating margin target to 30% by fiscal year 2031 and issued strong adjusted EPS guidance of $34.25 to $35.25 for fiscal year 2027.

Parker-Hannifin reported record results for fiscal year 2026 and the fourth quarter, driven by strong organic sales growth and operational excellence. Full-year sales reached $21.5 billion with adjusted EPS of $32.31, while Q4 sales hit $5.8 billion with adjusted EPS of $9.27. The company also provided a positive outlook for fiscal 2027, forecasting continued growth and increased its long-term adjusted segment operating margin target to 30% by fiscal 2031. Strategic acquisitions and nearly $2 billion returned to shareholders further underscore a strong performance.

Parker Hannifin Corporation announced that it will release its fiscal 2026 fourth quarter and full year earnings before the market opens on Thursday, August 6, 2026. This will be followed by a conference call at 11:00 a.m. Eastern time to discuss the results and respond to questions. The conference call will be webcast live on the company's investor website, with an archived replay available later the same day.

Parker-Hannifin Corporation has entered into a definitive agreement to acquire the Commercial and Defense Aerospace business of CIRCOR International, Inc. for a cash purchase price of $2.55 billion on a cash-free, debt-free basis. This acquisition is expected to add complementary flight-critical motion and flow control capabilities, with CIRCOR Aerospace estimating $270 million in calendar year 2026 sales and over 40% adjusted EBITDA margins before synergies. The transaction is anticipated to be immediately accretive to sales growth, EBITDA margins, adjusted EPS, and cash flow, and is expected to close in the second half of 2026, subject to regulatory approvals.

Parker-Hannifin Corporation reported record fiscal 2026 third-quarter results, with sales increasing 11% to $5.5 billion and adjusted diluted EPS rising 18% to a record $8.17. The company also achieved record adjusted net income of $1.0 billion and record year-to-date cash flow from operations of $2.6 billion. Driven by strong order rates of 9% and a record backlog of $12.5 billion, Parker-Hannifin increased its full-year fiscal 2026 outlook for sales and adjusted EPS, now expecting mid-teens adjusted EPS growth. The company also raised its quarterly cash dividend by 11%.

Parker Hannifin Corporation announced an 11% increase in its quarterly cash dividend, raising it to $2.00 per share from the previous $1.80. This dividend will be paid on June 5, 2026, to shareholders of record as of May 8, 2026. The company's CEO stated that the increase reflects confidence in consistent cash flow generation and long-term outlook, extending its streak of annual dividend increases to 70 consecutive fiscal years.

Parker-Hannifin Corporation announced it will release its fiscal 2026 third-quarter earnings before the market opens on Thursday, April 30, 2026. Following the release, the company will host a conference call at 11:00 a.m. Eastern time to discuss the results and address questions from institutional investors and security analysts. A live webcast of the call, along with an accompanying slide presentation, will be available on Parker's investor website and archived for replay.