| 2024-11-14 | -1.25 % |
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| 2024-11-12 | -1.25 % |
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| 2024-11-11 | +1.81 % |
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| 2024-11-06 | +8.57 % |
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| 2024-11-04 | +0.47 % |
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| 2024-11-01 | +0.15 % |
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| 2024-10-31 | +1.57 % |
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| 2024-10-30 | -0.13 % |
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| 2024-10-29 | +0.23 % |
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| 2024-10-28 | +0.31 % |
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| 2024-10-25 | -0.38 % |
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| 2024-10-24 | -0.88 % |
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| 2024-10-23 | +0.07 % |
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| 2024-10-22 | -1.56 % |
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| 2024-10-21 | -0.19 % |
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| 2024-10-18 | +0.09 % |
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| 2024-10-16 | -0.08 % |
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| 2024-10-15 | -0.86 % |
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| 2024-10-14 | +1 % |
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| 2024-10-11 | +0.89 % |
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| 2024-10-10 | -0.2 % |
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| 2024-10-09 | +0.87 % |
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| 2024-10-08 | -0.38 % |
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| 2024-10-07 | -0.15 % |
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| 2024-10-03 | -0.19 % |
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| 2024-10-02 | -0.42 % |
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| 2024-10-01 | -0.27 % |
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| 2024-09-27 | -0.41 % |
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| 2024-09-26 | +2.18 % |
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| 2024-09-25 | -0.57 % |
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| 2024-09-24 | +1.07 % |
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| 2024-09-05 | -0.3 % |
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| 2024-09-04 | +0.28 % |
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| 2024-08-15 | +2.15 % |
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| 2024-08-13 | +0.66 % |
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| 2024-08-08 | +10.84 % |
- Parker-Hannifin (PH) stock surged 10.84% after the company reported strong quarterly results, driven by significant growth in its aerospace services segment, which exceeded sales and profit expectations amidst economic challenges in its diversified industrial business.
The stock rose due to the impressive performance in the aerospace services segment, which achieved 19.1% organic sales growth and set records for quarterly revenue and operating margin, indicating robust demand in both commercial and defense aviation markets.
- Parker-Hannifin (PH) stock rose by 10.84% due to the company exceeding profit and sales estimates, driven by high demand for its aircraft systems and components.
- Parker-Hannifin (PH) stock surged 10.8% following a strong quarterly earnings report that exceeded sales and profit expectations, driven by robust demand in its aerospace services segment and solid aftermarket performance in its aviation business.
- Parker-Hannifin Corporation (PH) stock rose 10.84% following the announcement of exceptionally strong financial results for the fourth quarter and the full year ending June 30, 2024, which included record sales, increased adjusted earnings per share, and significant free cash flow. The stock's surge can be attributed to the company's impressive performance metrics, positive outlook for fiscal year 2025, and the overall strength and balance of its portfolio as highlighted by CEO Jenny Parmentier.
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| 2024-08-02 | -3 % |
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| 2024-07-22 | +1.37 % |
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| 2024-07-10 | +2.85 % |
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| 2024-06-25 | -0.98 % |
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| 2024-06-21 | -0.75 % |
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| 2024-06-20 | +0.23 % |
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| 2024-06-07 | +0.18 % |
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| 2024-05-31 | +1.35 % |
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| 2024-05-30 | +0.24 % |
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| 2024-05-29 | -0.64 % |
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| 2024-05-16 | -2.49 % |
- The article discusses Parker Hannifin Corporation's recent investor meeting where they presented updates on the company's transformation, growth strategies, and financial performance targets, and highlighted their Win Strategy to drive growth and margin expansion, leading to a positive outlook for the company; however, the Parker-Hannifin (PH) stock went down by -2.49% possibly due to general market conditions, economic factors, or investor sentiment.
- Summary: Parker-Hannifin (PH) stock decreased by -2.49% last night, possibly due to uncertainties and risks surrounding future performance, changes in economic conditions, market factors, political and economic instability, and other potential factors outlined in the article.
Reason for PH stock going down: The stock might have dropped due to factors such as changes in business relationships, uncertainties in economic conditions, potential impacts from political and social instability, challenges related to acquisitions and divestitures, economic factors including inflation and interest rates, global competitive market conditions, political and economic instability like the Russia-Ukraine conflict, regulatory developments, and other factors mentioned in the article that could affect Parker-Hannifin's future performance.
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