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Stock impact report

Parker-Hannifin Expands Filtration Reach As Valuation And Guidance Draw Focus [Yahoo! Finance]

Parker-Hannifin Corporation (PH) 
Last parker-hannifin corporation earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: phstock.com
Company Research Source: Yahoo! Finance
Parker-Hannifin (NYSE:PH) has agreed to acquire Filtration Group Corporation, expanding its presence in life sciences, HVAC, and industrial markets. The company reported record quarterly sales alongside strong organic growth in key segments. Management raised full-year guidance following the Filtration Group announcement and the latest quarterly results. Parker-Hannifin enters this transaction from a position of strength, with record quarterly sales and what management describes as solid organic growth across important end markets. The stock trades around $935.84, with the share price up 6.5% over the past 30 days and 33.6% over the past year, and a very large gain over five years. For investors tracking NYSE:PH, that backdrop helps frame how meaningful a deal of this size may be for the broader business mix. The Filtration Group acquisition adds more exposure to life sciences and HVAC, areas that can carry different demand patterns and margin profiles than Parker-Hannifin's Show less Read more
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