Edition:
United States

Parker-Hannifin Corp (PH.N)

PH.N on New York Stock Exchange

159.48USD
10:37am EDT
Change (% chg)

$1.05 (+0.66%)
Prev Close
$158.43
Open
$158.55
Day's High
$159.48
Day's Low
$158.15
Volume
38,258
Avg. Vol
245,424
52-wk High
$160.08
52-wk Low
$99.13

Latest Key Developments (Source: Significant Developments)

Parker-Hannifin says priced a private offering of $700.0 million in aggregate principal amount of senior notes due 2027
Tuesday, 21 Feb 2017 05:26pm EST 

Parker-Hannifin Corp : Parker-Hannifin says on Feb 21, co priced a private offering of $700.0 million in aggregate principal amount of senior notes due 2027 - SEC filing . Parker-Hannifin says 2027 notes, 2047 notes and 2025 notes will bear interest at a rate of 3.250%, 4.100% and 1.125% per annum, respectively . Parker-Hannifin Corp says interest will be paid on 2025 notes annually on March 1 of each year, commencing March 1, 2018 . Co also priced a private offering of $600.0 million in aggregate principal amount of senior notes due 2047 . Co also priced a private offering of EUR 700.0 million in aggregate principal amount of senior notes due 2025 .Parker-Hannifin says intends to use net proceeds to finance its proposed acquisition of Clarcor.  Full Article

Parker-Hannifin plans to offer up to $2.5 bln of senior notes in private transactions
Wednesday, 8 Feb 2017 06:17am EST 

Parker-Hannifin Corp - : On February 8, 2017, co announced that it planned to offer up to $2.5 billion of senior notes in private transactions- SEC filing .Intends to use the net proceeds from transactions to finance a portion of its acquisition of Clarcor Inc.  Full Article

Parker-Hannifin reports Q2 earnings per share $1.78
Thursday, 2 Feb 2017 07:30am EST 

Parker-Hannifin Corp - : Fiscal 2017 full year earnings guidance increased . Parker reports fiscal 2017 second quarter results . Q2 adjusted earnings per share $1.91 . Q2 sales $2.67 billion versus I/B/E/S view $2.69 billion . Q2 earnings per share view $1.39 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $6.71 to $7.21 from continuing operations . Q2 earnings per share $1.78 . Increasing organic growth forecast for second half of fiscal year from 2.3% to 3.3% at midpoint in new guidance .For FY ending June 30 2017, revised guidance for earnings from continuing operations to range $7.05 to $7.55 per share on an adjusted basis.  Full Article

PARKER-HANNIFIN INCREASES QUARTERLY CASH DIVIDEND 5 pct TO 66 CENTS PER SHARE
Thursday, 26 Jan 2017 05:18pm EST 

Parker-hannifin Corp : PARKER INCREASES QUARTERLY CASH DIVIDEND 5% TO 66 CENTS PER SHARE .SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.66PER SHARE.  Full Article

Parker-Hannifin files for potential mixed shelf
Thursday, 1 Dec 2016 05:39pm EST 

Parker-Hannifin Corp :Files for potential mixed shelf; size not disclosed - SEC filing.  Full Article

Clarcor inc says in case of termination of merger with parker, Clarcor must pay Parker termination fee
Thursday, 1 Dec 2016 07:00am EST 

Clarcor Inc :Clarcor inc - in case of termination of merger with parker in certain circumstances, clarcor must pay parker a termination fee of $113 million.  Full Article

Parker-Hannifin Q4 adjusted earnings per share $1.90
Thursday, 4 Aug 2016 07:30am EDT 

Parker-Hannifin Corp : Q4 adjusted earnings per share $1.90 . Q4 earnings per share $1.77 . Q4 earnings per share view $1.76 -- Thomson Reuters I/B/E/S . Q4 sales $2.96 billion versus I/B/E/S view $2.94 billion . Sees FY 2017 earnings per share $6.15 to $6.85 from continuing operations .Sees FY 2017 adjusted earnings per share $6.40 to $7.10 from continuing operations.  Full Article

Parker acquires Jäger Automobil-Technik GMBH and Jäger Automotive Polska
Friday, 1 Jul 2016 09:28am EDT 

Parker-Hannifin Corp : Parker acquires Jäger Automobil-Technik GMBH and Jäger Automotive Polska SP. Z.O.O. to expand processing capabilities for engineered materials . Parker-Hannifin Corp says terms of transaction were not disclosed . Says acquisition will become a business unit of Parker's Prädifa Technology Division in engineered materials group .Hannifin Corp says has acquired Jäger Automobil-Technik GMBH and Jäger Automotive Polska SP. Z.O.O. from Arnold Jäger Holding GMBH.  Full Article

Parker Hannifin Corp updates FY 2016 earnings guidance
Tuesday, 26 Jan 2016 07:00am EST 

Parker Hannifin Corp:Says maintained the midpoint and narrowed the range of guidance for FY 2016 earnings from continuing operations to $5.40 to $5.80 per share, or $5.90 to $6.30 per share on an adjusted basis.  Full Article

Parker Hannifin Corp declares quarterly cash dividend
Thursday, 21 Jan 2016 05:25pm EST 

Parker Hannifin Corp:Has declared a regular quarterly cash dividend of 63 cents per share of common stock.Dividend is payable March 4.Record date as of February 10.  Full Article

More From Around the Web

BRIEF-Parker-Hannifin says priced a private offering of $700.0 million in aggregate principal amount of senior notes due 2027

* Parker-Hannifin says on Feb 21, co priced a private offering of $700.0 million in aggregate principal amount of senior notes due 2027 - SEC filing