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Cleveland, Ohio-based Parker-Hannifin Corporation (PH) manufactures and sells motion and control technologies and systems. Valued at $86.9 billion by market cap, PH is a leading diversified industrial manufacturer that offers motion-control and fluid systems and industrial components, flight control, hydraulic, fluid conveyance, thermal management, pneumatic, and lubrication systems, and components for aerospace markets.
Shares of this industrial giant have outperformed the broader market over the past year. PH has gained 21% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 9.8%. In 2025, PH stock is up 4.1%, surpassing SPX’s marginal dip on a YTD basis.