Parker-Hannifin Corporation (PH) Closes $1B Curtis Instruments Deal to Boost EV and Hybrid Tech

In this article, we will be taking a look at the 13 Best Manufacturing Stocks to Buy Right Now. Parker-Hannifin Corporation is one of them.

Parker-Hannifin Corporation (NYSE:PH), a global leader in motion and control technologies, is gaining attention as one of the top manufacturing stocks to watch. Known for serving aerospace, industrial, and mobile machinery markets, the company combines more than a century of innovation with financial stability and one of the longest dividend increase streaks in the S&P 500, now at 69 years.

In September 2025, PH finalized its $1 billion acquisition of Curtis Instruments, a key player in motor speed controllers, power conversion devices, and instrumentation for electric vehicles and mobile machinery. Curtis, projected to generate $320 million in 2025 sales, has been integrated into Parker-Hannifin Corporation (NYSE:PH)’s Motion Systems Group, expanding its electrification and hybrid technology offerings. The move aligns with growing global demand for sustainable, decarbonized solutions and strengthens PH’s positioning in the rapidly evolving industrial landscape.

Financially, the company delivered record results for fiscal 2025. Fourth-quarter sales reached $5.2 billion, reflecting 2% organic growth, while net income climbed 18% to $923 million. Adjusted earnings per share rose 7% for the year to $27.33. Parker-Hannifin Corporation (NYSE:PH) also declared a quarterly dividend of $1.80 per share, marking its 301st consecutive payout and reinforcing its shareholder-focused policies. Additionally, the company expanded its share repurchase authorization to cover up to 20 million shares, signaling confidence in long-term growth.

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