NYSE:PH

Parker Hannifin is a leading motion and control technologies company. The company has a century’s old experience in catering to customers in a wide range of diversified industrial and aerospace markets. Over the years, Parker Hannifin has garnered extensive expertise in electromechanical, hydraulic, pneumatic, climate control, process control, and aerospace technologies. Its technologies and systems are used in various industries and applications, in every significant manufacturing, transportation, and processing industry. Parker Hannifin has operations in 50 countries with over 13000 distribution / MRO outlets serving 1,100 markets. It has sold over 800,000 products to more than 459,000 customers worldwide. The company has two reporting segments: Diversified Industrial (82% of 2018 sales) and Aerospace Systems (18%). Parker Hannifin is actively investing in robotics and additive manufacturing capabilities and technology centers for cross-business development. The company is a shareholder-friendly company holding a record of increasing annual dividends for 63 consecutive fiscal years and also has a share repurchase program in place.