531.07
price up icon0.20%   +1.07
 
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Parker-Hannifin Corp. (PH) Stock Split History

Parker-Hannifin Corp. has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on May 01, 1972 with the ratio of 3-for-2, meaning that for 2 shares of PH owned pre-split, shareholders then owned 3 shares. 6 more splits have been implemented since then. The most recent stock split took place on October 02, 2007 on a 3-for-2 basis.

These splits have increased PH stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Parker-Hannifin Corp.'s total market capitalization.

For more detailed information of Parker-Hannifin Corp.'s stock splits, view the table below:

PH stock split list

Date Split Ratio
2007-10-02 3 - for - 2
1997-09-08 3 - for - 2
1995-06-02 3 - for - 2
1986-06-09 3 - for - 2
1981-09-08 3 - for - 2
1977-05-16 3 - for - 2
1972-05-01 3 - for - 2

Will Parker-Hannifin Corp. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Parker-Hannifin Corp. has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when PH stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Parker-Hannifin Corp.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
GE 2023-01-04 1281 - for - 1000
ETN 2011-03-01 2 - for - 1
ITW 2006-05-26 2 - for - 1
PH 2007-10-02 3 - for - 2
EMR 2006-12-12 2 - for - 1
AME 2012-07-02 3 - for - 2
CMI 2008-01-03 2 - for - 1
ROK 1987-04-14 41 - for - 20
DOV 2018-05-09 1238 - for - 1000
IEX 2007-05-22 3 - for - 2
NDSN 2011-04-13 2 - for - 1
GGG 2017-12-28 3 - for - 1
PNR 1996-02-20 2 - for - 1
AOS 2016-10-06 2 - for - 1
RRX 1994-08-15 2 - for - 1
ITT 2011-11-01 1 - for - 2
MIDD 2014-06-27 3 - for - 1
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