Latest news with #Parker-HannifinCorporation
Yahoo
5 days ago
- Business
- Yahoo
Morgan Stanley Issues an Equal Weight Rating For Parker-Hannifin Corporation (PH)
On June 5, Morgan Stanley launched coverage of Parker-Hannifin Corporation (NYSE:PH) with an Equal Weight rating, assigning a price target of $700. This rating is in line with Parker-Hannifin's shift towards a secular business model, scaling its Aero division, and strengthening its position in long-cycle industrial markets by conducting mergers and acquisitions. A technician using advanced radiographic testing equipment to inspect an aircraft. Morgan Stanley analysts observed that this business transformation has led to a higher trading multiple for PH compared to historical metrics, which is demonstrated by its PE ratio of 25.3x and a strong ROE of 27%. Parker-Hannifin Corporation (NYSE:PH)'s string of successful business acquisitions further boosts its present valuation. Nevertheless, the analysts reflected on possible challenges, such as securing mid-single digit growth numbers organically in its industrial segment, which could cancel out the ongoing margin gains forecasted for PH. Parker-Hannifin Corporation (NYSE:PH) is an Ohio-based global manufacturer specializing in motion and control technologies, with the business catering to the industrial, mobile, and aerospace sectors. Top aircraft and engine manufacturers worldwide use PH's flight control, hydraulic, fuel-inerting, fluid handling, thermal management, pneumatic, and lubrication systems. While we acknowledge the potential of PH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Yahoo
03-06-2025
- Business
- Yahoo
Davidson Instruments, Inc. sues Parker-Hannifin Corporation, alleging antitrust violations, theft of trade secrets, and copyright infringement and other acts due to fraudulent patent filings based on Davidson trade secrets
THE WOODLANDS, Texas, June 03, 2025--(BUSINESS WIRE)--Davidson Instruments, a world leader in the development of fiber optic pressure measurement systems for use in harsh industrial applications, alleges that Parker-Hannifin Corporation (NYSE: PH) is responsible for the filing of a fraudulent patent application in 2024, other fraudulent patent filings, and other acts of theft and misappropriation of Davidson's trade secrets. Davidson's trade secrets can eliminate greenhouse gas emissions and also maximize fuel efficiency in jet engines and other industrial combustion turbine engines when used with advanced combustion control systems. Davidson alleges that Parker misappropriated Davidson's proven trade secret technology after Parker failed to develop a similar fiber optic pressure sensing system through an initiative that it began in 2013. Davidson further alleges that Parker has been attempting to use fraudulent patent filings to control the market for innovations of Davidson's fiber optic sensing technology for use in jet engines. Davidson believes it is entitled to damages of at least $900,000,000 and certain injunctive relief. The case is: Davidson Instruments, Inc. v. Parker-Hannifin Corporation, 2:25-cv-00520, filed on May 12, 2025, in the U.S. District Court for the Eastern District of Texas, in Marshall, Texas. A redacted public copy of the lawsuit is available on Davidson's website: View source version on Contacts Media Contact:Healey, Danielle, Spencer Fane LLPdhealey@ 713-552-1234 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
03-06-2025
- Business
- Business Wire
Davidson Instruments, Inc. sues Parker-Hannifin Corporation, alleging antitrust violations, theft of trade secrets, and copyright infringement and other acts due to fraudulent patent filings based on Davidson trade secrets
THE WOODLANDS, Texas--(BUSINESS WIRE)--Davidson Instruments, a world leader in the development of fiber optic pressure measurement systems for use in harsh industrial applications, alleges that Parker-Hannifin Corporation (NYSE: PH) is responsible for the filing of a fraudulent patent application in 2024, other fraudulent patent filings, and other acts of theft and misappropriation of Davidson's trade secrets. Davidson's trade secrets can eliminate greenhouse gas emissions and also maximize fuel efficiency in jet engines and other industrial combustion turbine engines when used with advanced combustion control systems. Davidson alleges that Parker misappropriated Davidson's proven trade secret technology after Parker failed to develop a similar fiber optic pressure sensing system through an initiative that it began in 2013. Davidson further alleges that Parker has been attempting to use fraudulent patent filings to control the market for innovations of Davidson's fiber optic sensing technology for use in jet engines. Davidson believes it is entitled to damages of at least $900,000,000 and certain injunctive relief. The case is: Davidson Instruments, Inc. v. Parker-Hannifin Corporation, 2:25-cv-00520, filed on May 12, 2025, in the U.S. District Court for the Eastern District of Texas, in Marshall, Texas. A redacted public copy of the lawsuit is available on Davidson's website:
Yahoo
06-04-2025
- Business
- Yahoo
Is Parker-Hannifin Corporation (PH) the Best Dividend King to Buy for Safe Dividend Growth?
We recently published a list of the 12 Best Dividend Kings to Buy For Safe Dividend Growth. In this article, we are going to take a look at where Parker-Hannifin Corporation (NYSE:PH) stands against other best dividend kings. The importance of dividend stocks cannot be denied, even in today's market environment, which is dominated by AI stocks. The S&P Dividend Aristocrats Index, which tracks the performance of companies with at least 25 consecutive years, is down by over 4% since the start of 2025, compared with a much harsher decline of 13% in the broader market. Dividend stocks become increasingly popular when companies grow their payouts regularly. Historically, dividend growth stocks have performed better than their peers and have shown less volatility. The dividend growth track records, backed by solid fundamentals, offer reliable investment options to income investors. According to a report by Nuveen, dividend growth stocks have outperformed other asset classes with less risk. The report revealed that companies with strong dividend growth streaks delivered an annual average return of over 10% between 1973 to 2024, as compared to a 4.2% return of non-dividend paying stocks. During this period, dividend cutters delivered a nearly -2% return. Though dividend stocks also do not come with a promise and can also fluctuate, these stocks have made significant contributions to the market's overall return over the decades. According to a report by Hartford Funds, dividends and reinvested dividends represented nearly 40% of the market's return from 1930 to 2024, with capital appreciation making up the rest. The report also highlighted their significance when the economy was in the trenches. The data mentioned that during the 1940s, 1960s, and 1970s, the total returns were lower than 10%, however, dividends represented a larger portion of the market's performance. According to Jerome Powell, inflation in the US is likely to ramp up because of the President's sweeping tariffs. Here are some comments from Powell: 'We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation. While tariffs are highly likely to generate at least a temporary rise in inflation, it is also possible that the effects could be more persistent.' While this presents an overall uncertain environment for an investment landscape, dividend investors are in the catbird seat, as dividend stocks have historically been successful in protecting capital against inflation. WisdomTree reported that from 1957 through 2023, dividends have grown by an average of 5.7%, compared with a 3.67% growth in inflation. The report also mentioned that over the past 68 years, dividend payouts have only decreased in six years, and in just one of those years, they dropped by more than 5%. In comparison, stock prices experienced declines in 18 years during the same period, with the worst drop exceeding 40% and an average decline of more than 11%. Stock prices have proven to be more than twice as volatile as the underlying dividend cash flows. This is because market sentiment often causes short-term fluctuations in stock prices, whereas dividend cash flows, which reflect the company's long-term value, are less volatile. Given this, we will take a look at some of the best dividend kings for safe dividend growth. A robotic arm in a factory demonstrating the application of motion control technologies. For this article, we scanned the list of dividend kings, which are the companies that have raised their payouts for 50 years or more. From that list, we picked 12 companies with the highest 5-year annual average dividend growth rates. The stocks are ranked in ascending order of their annual average dividend growth in the past five years. At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). 5-Year Average Annual Dividend Growth Rate: 13.12% Parker-Hannifin Corporation (NYSE:PH) is an Ohio-based manufacturing company that specializes in motion and control technologies. The company operates through two main segments: Diversified Industrial and Aerospace Systems. Its product range spans from basic industrial components to advanced aerospace technologies. It supplies these offerings to original equipment manufacturers as well as a broad base of customers around the globe. Parker-Hannifin Corporation (NYSE:PH) is well-regarded for its robust dividend payouts and strong cash flow generation. For FY24, it reported a 20% increase in year-to-date operating cash flow, reaching a record $2.1 billion, or 14.6% of sales, compared to $1.8 billion in the previous year. It also saw significant improvements in adjusted segment operating margins, with the Aerospace Systems segment delivering particularly strong results. This strong financial performance has contributed to the record operating cash flow. Looking ahead, the company expects a 50% increase in free cash flow and plans to double its dividend over the next five years, providing shareholders with higher payouts annually, which is expected to positively impact the stock's value. Parker-Hannifin Corporation (NYSE:PH) pays a quarterly dividend of $1.63 per share and has a dividend yield of 1.26%, as of April 4. The company holds one of the longest dividend growth streaks in the market, spanning 68 years. Moreover, its five-year average annual dividend growth comes in at over 13%. Overall, PH ranks 3rd on our list of the best dividend kings for safe dividend growth. While we acknowledge the potential of PH as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than PH but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Sign in to access your portfolio
Globe and Mail
25-02-2025
- Business
- Globe and Mail
Hydraulic Cylinder Market to grow steadily from USD 18.13 Billion in 2025 to USD 28.61 Billion by 2034, with a solid CAGR of 5.20% driving expansion
The Hydraulic Cylinder Market is growing, driven by rising demand in construction, manufacturing, and agriculture sectors. Innovations in energy efficiency and automation are boosting adoption across industries. Market Research Future published a report titled, the Hydraulic Cylinder Market Size, Share, Competitive Landscape and Trend Analysis Report, by Function, Specification, Application, Bore Size, Industry, and Region: Global Opportunity Analysis and Industry Forecast till 2034. the Hydraulic Cylinder Market Size was estimated at 17.23 USD Billion in 2024. The Hydraulic Cylinder Market Industry is expected to grow from 18.13 USD Billion in 2025 to 28.61 USD Billion till 2034, at a CAGR is expected to be around 5.20% during the forecast period 2025 - 2034. Hydraulic Cylinder Market Overview The hydraulic cylinder market has emerged as a pivotal component in modern industrial machinery, playing a crucial role in various applications ranging from construction equipment to aerospace and defense. Hydraulic cylinders are mechanical actuators that convert hydraulic energy into linear force and motion, enabling machines to perform heavy-duty tasks with precision and efficiency. The global hydraulic cylinder market has witnessed steady growth, driven by technological advancements, rising automation trends, and increased demand across multiple industries such as construction, agriculture, and mining. Get Free Sample PDF Brochure: Key companies in the Hydraulic Cylinder Market include Parker-Hannifin Corporation (US) Caterpillar (US) KYB Corporation (Japan) Bosch Rexroth (Germany) Eaton (Ireland) Enerpac Tool Group (US) SMC Corporation (Japan) HYDAC (Germany) Wipro Enterprises (India) The Jiangsu Hengli Hydraulic Co., Ltd. (China) Market Trends Highlights Several key trends are shaping the hydraulic cylinder market. One prominent trend is the rising adoption of smart hydraulic cylinders equipped with sensors and IoT capabilities. These advanced cylinders provide real-time data on performance metrics such as pressure, temperature, and position, allowing for predictive maintenance and enhancing operational efficiency. Another notable trend is the growing emphasis on energy-efficient hydraulic systems. Manufacturers are increasingly focusing on designing cylinders with lower energy consumption and reduced environmental impact, aligning with global sustainability goals. Additionally, the market is experiencing a surge in demand for customized hydraulic cylinders tailored to specific industrial applications, further driving innovation and competition. Hydraulic Cylinder Market Dynamics The hydraulic cylinder market is influenced by a dynamic interplay of various factors. These include technological innovations, regulatory frameworks, economic conditions, and evolving customer preferences. The market's growth trajectory is also shaped by the increasing integration of automation in industrial processes and the continuous pursuit of enhanced productivity and safety standards. Moreover, partnerships and collaborations between key players are fostering the development of innovative products and expanding market reach. Market Drivers Several factors are propelling the growth of the hydraulic cylinder market. One of the primary drivers is the booming construction and infrastructure sector. Hydraulic cylinders are indispensable in construction machinery such as excavators, bulldozers, and cranes, facilitating efficient movement and heavy lifting operations. Additionally, the agriculture industry relies heavily on hydraulic systems for tractors, harvesters, and irrigation equipment, further boosting market demand. The mining sector also contributes to market expansion, as hydraulic cylinders are vital for mining equipment used in drilling, material handling, and transportation processes. Furthermore, the shift towards automation and smart machinery across industries is fueling the adoption of hydraulic cylinders with integrated sensors and control systems, enhancing operational precision and reducing downtime. Market Restraints Despite the promising growth prospects, the hydraulic cylinder market faces certain challenges. High initial costs associated with advanced hydraulic systems can deter small and medium-sized enterprises (SMEs) from adopting these technologies. Additionally, maintenance and repair costs pose a significant concern, as hydraulic cylinders require regular upkeep to prevent leaks, corrosion, and wear and tear. Environmental concerns related to hydraulic fluid leakage and disposal also present regulatory hurdles, pushing manufacturers to develop eco-friendly alternatives. Moreover, the availability of substitutes such as electric actuators may limit market growth, as some industries seek more energy-efficient and compact solutions. Hydraulic Cylinder Market Segmentations The hydraulic cylinder market can be segmented based on product type, function, application, and geography. By Product Type: The market includes tie-rod cylinders, welded cylinders, telescopic cylinders, and mill-type cylinders. Welded cylinders dominate the market due to their robust design and suitability for heavy-duty applications. By Function: The market is categorized into single-acting cylinders and double-acting cylinders. Double-acting cylinders hold a larger share as they offer greater control over movement in both directions, making them ideal for complex industrial tasks. By Application: Key application areas encompass construction equipment, agricultural machinery, mining equipment, industrial machinery, aerospace, and defense. The construction equipment segment leads the market owing to rapid urbanization and infrastructure projects worldwide. By Geography: Geographically, the market is divided into North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East & Africa. APAC remains the fastest-growing region, driven by industrialization, infrastructure development, and rising investments in automation across China, India, and Japan. Future Trends The future of the hydraulic cylinder market is poised for remarkable advancements and growth. One of the most promising trends is the integration of digital technologies into hydraulic systems. Smart hydraulic cylinders, embedded with sensors and connected through IoT, will become increasingly prevalent, enabling remote monitoring, predictive maintenance, and real-time data analysis. This shift towards Industry 4.0 will enhance operational efficiency and minimize downtime, offering a competitive edge to industries. Another significant trend is the development of eco-friendly hydraulic systems. Manufacturers are investing in biodegradable hydraulic fluids and energy-efficient cylinder designs to reduce environmental impact and comply with stringent regulations. Additionally, the demand for electric-hydraulic hybrid systems is expected to rise, combining the power of hydraulics with the precision of electric actuators to optimize performance and energy usage. Customization will also play a crucial role in future market dynamics. Industries are seeking tailor-made hydraulic solutions to address specific operational requirements, prompting manufacturers to offer modular designs and flexible configurations. This trend will drive innovation and foster strong collaborations between hydraulic cylinder producers and end-users. More Related Reports: CNC Cutting Machines Market Commercial HVAC Market About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. The MRFR team have a supreme objective to provide the optimum quality market research and intelligence services for our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments enable our clients to see more, know more, and do more, which help to answer all their most important questions.
