Key Takeaways PH's Aerospace segment benefits from steady commercial and military demand across markets.Acquisitions of Filtration Group and Curtis Instruments expand PH's capabilities and reach.PH boosts margins and returns cash through higher dividends and sizable share buybacks.Parker-Hannifin Corporation (PH) is well-positioned to benefit from strength in the Aerospace segment and accretive acquisitions. The company’s shareholder-friendly moves also augur well.Shares of PH have gained 35% compared with ...