Lee C.  Banks net worth and biography

Lee Banks Biography and Net Worth

Lee C. Banks is President and Chief Operating Officer of Parker Hannifin Corporation in Cleveland, Ohio, a position he has held since 2015.

Mr. Banks joined Parker in 1991 and prior to his current position, he was an Operating Officer of the company with leadership responsibility for the Filtration, Engineered Materials, Instrumentation, Climate and Industrial Controls, Hydraulics, Fluid Connectors and Automation product groups and the Europe, Middle East and Africa, and Latin America regional groups.

Mr. Banks serves on the Board of Directors of Wabtec Corporation, a leading supplier of innovative solutions for freight rail, passenger transit and industrial applications. He earned a Bachelor of Arts degree in Economics from DePauw University and a Master of Business Administration from The Keller Graduate School of Management in Chicago.

What is Lee C. Banks' net worth?

The estimated net worth of Lee C. Banks is at least $77.80 million as of May 5th, 2023. Mr. Banks owns 110,476 shares of Parker-Hannifin stock worth more than $77,797,199 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Banks may own. Learn More about Lee C. Banks' net worth.

How do I contact Lee C. Banks?

The corporate mailing address for Mr. Banks and other Parker-Hannifin executives is 6035 PARKLAND BOULEVARD, CLEVELAND OH, 44124. Parker-Hannifin can also be reached via phone at (216) 896-3000. Learn More on Lee C. Banks' contact information.

Has Lee C. Banks been buying or selling shares of Parker-Hannifin?

Lee C. Banks has not been actively trading shares of Parker-Hannifin over the course of the past ninety days. Most recently, Lee C. Banks sold 29,764 shares of the business's stock in a transaction on Friday, May 5th. The shares were sold at an average price of $333.84, for a transaction totalling $9,936,413.76. Following the completion of the sale, the insider now directly owns 110,476 shares of the company's stock, valued at $36,881,307.84. Learn More on Lee C. Banks' trading history.

Who are Parker-Hannifin's active insiders?

Parker-Hannifin's insider roster includes Lee Banks (COO), Robert Bond (VP), William Bowman (VP), Berend Bracht (VP), Mark Czaja (VP), John Dedinsky, Jr. (VP), William Eline (VP), Thomas Gentile (VP), Mark Hart (EVP), Linda Harty (Director), Todd Leombruno (VP), Joseph Leonti (VP), Robert Malone (VP), Jon Marten (EVP), Martin Maxwell (VP), Candy Obourn (Director), Jennifer Parmentier (VP), Jay Reidy (VP), Andrew Ross (VP), Joseph Scaminace (Director), Roger Sherrard (VP), Catherine Suever (CFO), Ake Svensson (Director), James Wainscott (Director), Andrew Weeks (VP), and Thomas Williams (CEO). Learn More on Parker-Hannifin's active insiders.

Are insiders buying or selling shares of Parker-Hannifin?

During the last twelve months, insiders at the industrial products company sold shares 11 times. They sold a total of 34,408 shares worth more than $20,839,075.22. The most recent insider tranaction occured on November, 6th when VP Thomas C Gentile sold 2,430 shares worth more than $1,703,818.80. Insiders at Parker-Hannifin own 0.4% of the company. Learn More about insider trades at Parker-Hannifin.

Information on this page was last updated on 11/6/2024.

Lee C. Banks Insider Trading History at Parker-Hannifin

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/5/2023Sell29,764$333.84$9,936,413.76110,476View SEC Filing Icon  
2/3/2023Sell16,426$337.42$5,542,460.92110,476View SEC Filing Icon  
5/5/2021Sell13,618$316.34$4,307,918.12108,344View SEC Filing Icon  
11/6/2020Sell7,434$237.52$1,765,723.68134,584View SEC Filing Icon  
9/2/2020Sell9,487$213.55$2,025,948.85143,184View SEC Filing Icon  
9/11/2019Sell18,989$180.95$3,436,059.5592,617View SEC Filing Icon  
11/3/2017Sell5,286$186.38$985,204.68112,808View SEC Filing Icon  
3/2/2017Sell9,593$157.25$1,508,499.2581,817View SEC Filing Icon  
8/17/2016Sell10,953$124.28$1,361,238.8499,977View SEC Filing Icon  
11/25/2014Sell10,092$133.06$1,342,841.52View SEC Filing Icon  
11/7/2014Sell1,926$127.74$246,027.24View SEC Filing Icon  
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Lee C. Banks Buying and Selling Activity at Parker-Hannifin

This chart shows Lee C Banks's buying and selling at Parker-Hannifin by year and by quarter.

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Parker-Hannifin Company Overview

Parker-Hannifin logo
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 Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; 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. The 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, avionics, sensors, pneumatic control components, thermal management products, fire detection and suppression systems and components, and wheels and brakes, as well as fluid metering, delivery, and atomization devices. This segment markets its products directly to OEMs and end users. The company markets its products through direct-sales employees, independent distributors, and sales representatives. Parker-Hannifin Corporation was founded in 1917 and is headquartered in Cleveland, Ohio.
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Today's Range

Now: $704.20
Low: $692.36
High: $706.20

50 Day Range

MA: $642.71
Low: $587.55
High: $709.23

2 Week Range

Now: $704.20
Low: $426.49
High: $711.60

Volume

57,964 shs

Average Volume

639,547 shs

Market Capitalization

$90.64 billion

P/E Ratio

31.81

Dividend Yield

0.95%

Beta

1.43