Compare · PH vs VATE
PH vs VATE
Side-by-side comparison of Parker-Hannifin Corporation (PH) and INNOVATE Corp. (VATE): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both PH and VATE operate in Metal Fabrications (Industrials), so they compete in similar markets.
- PH is the larger of the two at $120.60B, about 1480.9x VATE ($81.4M).
- VATE has been more active in the news (4 items in the past 4 weeks vs 2 for PH).
- PH has more recent analyst coverage (25 ratings vs 0 for VATE).
- Company
- Parker-Hannifin Corporation
- INNOVATE Corp.
- Price
- $963.66+0.18%
- $6.20+2.99%
- Market cap
- $120.60B
- $81.4M
- 1M return
- -
- -17.50%
- 1Y return
- -
- +41.55%
- Industry
- Metal Fabrications
- Metal Fabrications
- Exchange
- NYSE
- NYSE
- IPO
- News (4w)
- 2
- 4
- Recent ratings
- 25
- 0
Parker-Hannifin Corporation
Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments, Diversified Industrial and Aerospace Systems. The Company's Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; control solutions for extreme corrosion resistance, temperatures, pressures, and precise flow; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment. This segment sells its products to original equipment manufacturers (OEMs) and distributors who serve the replacement markets in manufacturing, packaging, processing, transportation, construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. Its Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, such as control actuation systems and components, engine build-up ducting, engine exhaust nozzles and assemblies, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inerting systems, hydraulic systems and components, lubrication components, pilot controls, pneumatic control components, thermal management products, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. It markets its products through direct-sales employees, independent distributors, and sales representatives. The company was founded in 1917 and is headquartered in Cleveland, Ohio.
INNOVATE Corp.
INNOVATE Corp., through its subsidiaries, provides construction, insurance, life sciences, broadcasting, and other services in the United States, the United Kingdom, and internationally. The company models, details, fabricates, and erects structural steel for commercial and industrial, and infrastructure construction projects, including building and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants. It also fabricates trusses and girders; and fabricates and erects water pipes, water storage tanks, pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. In addition, the company provides equipment for the oil and gas industry. Further, it offers long-term care, life, annuity, and other accident and health coverage; focuses on developing products for early osteoarthritis of the knee, as well as skin lightening technology; and operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. INNOVATE Corp. was founded in 1994 and is headquartered in New York, New York.
Latest PH
- Parker to Webcast Annual Meeting of Shareholders on October 28, 2026 at 9:00 a.m. Eastern
- Wells Fargo initiated coverage on Parker-Hannifin with a new price target
- SEC Form DEF 14A filed by Parker-Hannifin Corporation
- SEC Form 8-K filed by Parker-Hannifin Corporation
- VP & Chief Tech. & Innov. Off. Czaja Mark T gifted 1,056 shares, decreasing direct ownership by 17% to 5,214 units (SEC Form 4)
- SEC Form 8-K filed by Parker-Hannifin Corporation
- Director Thompson Laura K sold $153,432 worth of shares (160 units at $958.95), decreasing direct ownership by 3% to 4,438 units (SEC Form 4)
- SEC Form FWP filed by Parker-Hannifin Corporation
- SEC Form 424B5 filed by Parker-Hannifin Corporation
- SEC Form FWP filed by Parker-Hannifin Corporation
Latest VATE
- SEC Form 8-K filed by INNOVATE Corp.
- INNOVATE Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Termination of a Material Definitive Agreement, Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
- INNOVATE Completes Sale of DBM Global to IES Holdings
- IES Holdings Completes Acquisition of DBM Global
- SEC Form 4 filed by Interim CEO Voigt Paul
- SEC Form DEF 14C filed by INNOVATE Corp.
- INNOVATE Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Termination of a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits
- INNOVATE Announces Closing of the Sale of a Controlling Interest in its Broadcasting Segment to CONX
- SEC Form PRE 14C filed by INNOVATE Corp.
- SEC Form EFFECT filed by INNOVATE Corp.