Parker-Hannifin (PH) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
28 Oct, 2026Opening remarks and agenda
Meeting opened with three voting items; remaining ballots were collected, polls closed, preliminary results announced, then the meeting adjourned before a brief Q&A.
Quorum confirmed with at least 112 million shares present in person or by proxy, representing over 88% of issued and outstanding common shares.
Financial performance review
FY2026 delivered record performance and the safest year in company history; sales exceeded $20 billion for the first time.
FY2029 adjusted segment operating margin target was surpassed three years ahead of schedule.
Results reflected execution of the Win Strategy, portfolio transformation, decentralized operating structure, interconnected technologies, and customer relationships.
Board and executive committee updates
Berend Bracht, Motion Systems Group president, will retire at calendar year-end after 35 years in industrial manufacturing, including eight years at Parker.
Kevin Lobo retired from the board at the AGM after serving since July 2013.
Nine director nominees were proposed for one-year terms ending at the 2027 AGM.
Latest events from Parker-Hannifin
- Record FY14 sales and cash flow; FY15 adjusted EPS guidance tops at $8.05.PH
Q4 2014 - Currency-driven sales declines and weak orders prompted lower FY15 EPS guidance.PH
Q3 2015 - Industrial weakness and currency cut sales; FY2016 adjusted EPS midpoint fell to $6.10.PH
Q1 2016 - Sales and orders fell, but adjusted margin held at 13.5% and EPS guidance was maintained.PH
Q2 2016 - Margin gains and higher EPS guidance countered weaker Q3 sales and industrial demand.PH
Q3 2016 - Q4 adjusted margins rose as FY17 guidance targeted flat sales and higher margins.PH
Q4 2016 - Orders turned positive, adjusted EPS rose, and FY17 guidance was maintained.PH
Q1 2017 - Orders rose 5%, margins hit records, and FY17 adjusted EPS guidance increased.PH
Q2 2017 - Sales rose 10.3%, adjusted EPS reached $2.11, and FY2017 guidance increased.PH
Q3 2027