Parker-Hannifin Corp
NYSE:PH
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Comtech Telecommunications Corp
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PH's latest stock split occurred on Oct 2, 2007
The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.
Before the split, PH traded at 114.2301 per share. Afterward, the share price was about 54.8189.
The adjusted shares began trading on Oct 2, 2007. This was PH's 5th stock split, following the previous one in Sep 8, 1997.
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ROG
002315
Parker-Hannifin Corp
Glance View
Parker-Hannifin Corp., a stalwart in the realm of motion and control technologies, has carved its niche by engineering a diverse array of products that harness the power of hydraulics, pneumatics, electromechanics, filtration, and instrumentation. Founded in the early 20th century, the company evolved from its original focus on pneumatic brake systems for buses and trucks, to becoming a key player in providing highly engineered solutions across various industrial sectors. With operations extending across aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding, Parker-Hannifin integrates its technical expertise to address complex engineering challenges. At the heart of Parker-Hannifin's financial success is its decentralized business model, which encourages innovation and agility across its numerous divisions. This structure allows the company to tailor its offerings to meet specific customer needs, generating revenue through the manufacture and sale of parts, systems, and services that power machinery, equipment, and vehicles worldwide. By prioritizing customer-focused innovation and a strategic emphasis on solving system-level challenges, Parker-Hannifin is able to cultivate long-term partnerships with its clients, thereby ensuring repeat business and stable revenue streams. Additionally, the company’s investments in research and development fuel technological advancements that provide a competitive edge within its industries. The combination of a robust global footprint and a commitment to operational excellence underscores Parker-Hannifin's enduring presence in the industrial landscape.
