Parker-Hannifin (PH) Accelerates Synergies with Strategic Acquisitions

Parker-Hannifin Corporation (NYSE:PH) is one of the best manufacturing stocks to invest in now. On February 19, 2026, Parker-Hannifin Corporation (NYSE:PH) presented at Citi’s Global Industrial Tech & Mobility Conference, outlining its strategic outlook.

The company emphasized strong aerospace growth, a recovery in industrial orders, and continued focus on operational excellence and acquisitions such as Meggitt, which have accelerated synergies.

At the conference, Parker-Hannifin reported double-digit aerospace growth for the fourth straight year, a 27% adjusted segment operating margin achieved ahead of schedule, and a 7% increase in North American industrial orders. For fiscal 2026, it guided 5% organic growth and forecasted adjusted EBITDA margins near 28%, with industrial margins reaching record levels despite prior headwinds.

Operational updates highlighted strength in construction, power generation, and HVAC markets, while Europe posted its first organic growth after seven quarters of decline. Asia Pacific benefited from electronics and semiconductor demand. The company’s Win Strategy continues to drive efficiency, with the integration of Meggitt exceeding expectations and the pending Filtration Group acquisition expected to deliver $220 million in synergies.

Parker-Hannifin Corporation (NYSE:PH), headquartered in Cleveland, Ohio, is a global leader in motion and control technologies. It designs and manufactures engineered components and systems for a wide range of industries, operating through its Diversified Industrial and Aerospace Systems segments. Founded in 1917, Parker-Hannifin is recognized as one of the largest industrial manufacturers worldwide.

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