630.68
price up icon0.70%   4.37
 
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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
ETN 2011-03-01 2 - for - 1
PH 2007-10-02 3 - for - 2
ITW 2006-05-26 2 - for - 1
EMR 2006-12-12 2 - for - 1
CMI 2008-01-03 2 - for - 1
IR 2005-09-02 2 - for - 1
AME 2012-07-02 3 - for - 2
ROK 1987-04-14 41 - for - 20
DOV 2018-05-09 1238 - for - 1000
IEX 2007-05-22 3 - for - 2
PNR 1996-02-20 2 - for - 1
GGG 2017-12-28 3 - for - 1
NDSN 2011-04-13 2 - for - 1
AOS 2016-10-06 2 - for - 1
ITT 2011-11-01 1 - for - 2
RRX 1994-08-15 2 - for - 1
GNRC 2010-02-10 7 - for - 23
CR 1998-09-15 3 - for - 2
specialty_industrial_machinery ITW
$258.41
price down icon 0.61%
specialty_industrial_machinery EMR
$111.44
price up icon 1.65%
specialty_industrial_machinery CMI
$331.74
price up icon 1.34%
$104.56
price up icon 0.25%
specialty_industrial_machinery IR
$101.13
price up icon 2.22%
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