Parker-Hannifin Corporation (NYSE:PH) is a top stock to invest in before a potential split, with TD Cowen raising its price target to $650. The company reported record-breaking results for Q4 and FY2025, achieving a revenue of $19.9 billion and a record adjusted segment operating margin of 26.1%.

The Aerospace segment drove Parker-Hannifin’s success with record sales of $6.2 billion and a backlog of $7.4 billion. The Industrial segment had negative organic growth but reached a record adjusted segment operating margin of 25.1%.

Parker-Hannifin Corporation specializes in motion & control technologies for various markets. The company operates in two segments: Diversified Industrial and Aerospace Systems.

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Read more at Yahoo Finance: TD Cowen Lifts Parker-Hannifin (PH) PT to $650 Amid Record Performance, Strong Aerospace Backlog.