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Why Motion & Control Technologies Provider Parker-Hannifin Shares Are Higher Today

Parker-Hannifin shares surge after Q2 FY24 results, outperforming with a 3.1% Y/Y sales growth to $4.821 billion. Aerospace Systems lead with a 15% Y/Y sales rise. The company's financial prowess is evident, boasting increased operating cash flow and a declared quarterly cash dividend of $1.48 per share.

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