Parker-Hannifin Corporation
Business description
Parker-Hannifin Corporation, founded in 1918 and headquartered in Cleveland, Ohio, specializes in advanced motion and control technologies for sectors like aerospace and industrial automation. Under CEO Thomas L. Williams, the company leverages a diversified product portfolio that includes flagship hydraulic and filtration systems. Its business model, driven by both product innovation and strategic acquisitions, has secured a strong global market presence. Ongoing investments in digital and sustainable technologies signal promising future growth.
Everything on Parker-Hannifin Corporation
Financials
Leadership & board
Acquisitions
Share repurchases
Parker-Hannifin has an open-ended share-repurchase program (originally approved October 22, 2014, with no expiration); the Board reset shares available to 20.0 million on August 21, 2025, and 19.0 million shares remained available as of March 31, 2026.