PH 📈 Parker-Hannifin - Overview

Parker-Hannifin Corporation is a leading global manufacturer of motion and control technologies, providing a wide range of systems and components to various mobile, industrial, and aerospace markets. The company's extensive product portfolio is divided into two primary segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers an array of motion-control systems and components, including vibration control solutions, sealing and coating technologies, cryogenic valves and fittings, and HVAC/R controls, among others. This segment caters to a broad range of industries, including construction, mining, and oil and gas, by providing critical components and systems that enable precise control and movement.

The Aerospace Systems segment, on the other hand, is focused on designing and manufacturing products for use in commercial and defense airframe and engine programs. This includes avionics, electric and hydraulic braking systems, electric power generation and distribution, electromechanical actuators, and engine exhaust systems, among others. The company's products are used in a variety of aerospace applications, from commercial airliners to military aircraft, and are designed to meet the stringent requirements of the aerospace industry. By providing high-quality, reliable products, Parker-Hannifin Corporation plays a critical role in enabling the safe and efficient operation of aircraft and other aerospace vehicles.

Parker-Hannifin Corporation's products are sold to a diverse range of customers, including original equipment manufacturers, distributors, and sales representatives. The company's global distribution network and direct-sales employees enable it to effectively serve customers across various regions and industries. With a history dating back to 1917, Parker-Hannifin Corporation has established itself as a trusted and reliable partner in the motion and control technologies industry. Headquartered in Cleveland, Ohio, the company is committed to delivering innovative solutions that meet the evolving needs of its customers and drive long-term growth and success.

From a financial perspective, Parker-Hannifin Corporation is a common stock listed on the New York Stock Exchange (NYSE) under the ticker symbol PH. The company's stock is classified under the Industrial Machinery & Supplies & Components sub-industry, reflecting its focus on manufacturing and selling industrial equipment and components. With a global presence and a diverse range of products, Parker-Hannifin Corporation is well-positioned to capitalize on growth opportunities in the motion and control technologies industry. The company's website, https://www.phstock.com, provides investors and customers with access to a wealth of information about its products, services, and financial performance.