PH
NYSE · Industrials · Industrial - Machinery · US
Parker-Hannifin Corporation (NYSE:PH) is a Fortune 250 global leader in motion and control technologies, founded in 1917 and headquartered in Cleveland, Ohio. The company has evolved from a small pneumatic brake manufacturer into one of the world's largest diversified manufacturers of motion and control systems, serving mobile, industrial, and aerospace markets worldwide. Parker-Hannifin operates through a decentralized structure of 85 divisions across two primary segments: Diversified Industrial and Aerospace Systems. The company has undergone significant strategic transformation in recent years, including the major acquisition of Meggitt in 2022, positioning itself to capitalize on secular growth trends in aerospace, electrification, and clean technologies.