NYSE:PHMachinery
Is Parker-Hannifin’s Upgraded 2026 Outlook and Buybacks Altering The Investment Case For PH?
Parker-Hannifin recently reported second-quarter fiscal 2026 results showing higher sales of US$5,174 million compared to a year earlier, alongside slightly lower net income of US$845 million, and simultaneously completed a long-running share repurchase program totaling 30,913,829 shares for about US$6.43 billion.
The company also raised its full-year fiscal 2026 outlook for sales growth, segment operating margins, and both reported and adjusted EPS, signaling increased management confidence...