Parker-Hannifin

PH

Market cap $121B

The next big bottleneck trade might have more to do with bearings than microchips.

After reaching an important support level, Parker-Hannifin (PH) could be a good stock pick from a technical perspective. PH surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

Parker-Hannifin's Aerospace Systems gains from commercial and defense demand, with growth boosted by a planned aerospace acquisition.

Pharmaceutical giant Eli Lilly's GLP-1 products and new drugs are powering its dividend growth. Parker-Hannifin is a Dividend King that has increased its dividend for 71 consecutive years.

Buy industrial stocks tied to AI data centers, says Bernstein.

The trading activity of members of Congress continues to be closely monitored by investors, especially when the moves include Magnificent Seven or large technology stocks. One member of Congress recently sold some Magnificent Seven stocks.

The motion and controls maker expects the deal to close in the second half of this year.

U.S. investment firm KKR said on Thursday ​it would sell aerospace and ​defense company Circor to motion ⁠control products maker Parker-Hannifin ​for $2.55 billion.

CLEVELAND, May 21, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has entered into a definitive agreement to acquire the Commercial and Defense Aerospace business of CIRCOR International, Inc. on a cash-free, debt-free basis for a cash purchase price of $2.55 billion, which includes expected tax benefits with an estimated net present value of approximately $75 million. The purchase price, net of expected tax benefits, represents 22.7x CIRCOR Aerospace's calendar year 2026 estimated adjusted EBITDA, or 18.2x including expected cost synergies of approximately 10% of calendar year 2026 estimated sales. The transaction is subject to customary closing conditions, including receipt of applicable regulatory approvals, and is expected to close in the second half of calendar year 2026.

NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--KKR and CIRCOR International (“CIRCOR” or the “Company”), a global manufacturer of flow control products for industrial, naval, and aerospace markets, today announced the signing of a definitive agreement to sell CIRCOR Aerospace, the Company's aerospace division, to Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, for $2.55 billion. Funds managed by KKR first acquired CIRCOR for $1.8 billion in 2023 and.