For the current year, IDEX expects 3.3% sales growth and 1.8% profit growth. Over the last week, the Zacks Consensus Estimate for current-year profits rose 0.1%. The dividend yield for IEX is 1.16%.
Parker-Hannifin Corp. PH's Diversified Industrial sector is seeing greater demand from distributors and end users in the North American oil and gas, material handling, autos and light trucks, and agricultural and agriculture industries.
PH's Aerospace Systems segment benefited from higher volume across all industries, notably commercial and military aftermarkets. PH also benefits from Meggitt purchase synergies. Win approach boosts PH margins.
Parker-Hannifin expects 4.4% sales growth and 9.8% profit increase for the year (ending June 2024) Over the last week, the Zacks Consensus Estimate for current-year profits rose 1.9%. The dividend yield for PH is 1.16%.
CR Crane Co. makes and distributes engineered industrial equipment throughout the Americas, Europe, the Middle East, Asia, and Australia. Aerospace & Electronics, Process Flow Technologies, and Engineered Materials are CR segments.
Crane expects 7.9% revenue and 10% profit growth this year. Over the last week, the Zacks Consensus Estimate for current-year profits rose 1.1%. Current dividend yield: 0.57% for CR.
Hubbell Inc. HUBB designs, manufactures, and sells commercial, industrial, utility, and telecommunications electrical and electronic devices. HUBB manufactures plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment, and voice and data signal processing components.
Hubbell expects 6.9% sales and 7.1% profit growth this year. Over the last week, the Zacks Consensus Estimate for current-year profits rose 0.2%. HUBB pays 1.38% dividends.
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