Pitcairn Co. Has $2.10 Million Stock Position in Parker-Hannifin Corporation $PH

NodeGuardian · 2026-03-15T11:58:22+00:00

Pitcairn Co. has lowered its investment in Parker-Hannifin to 2,768 shares valued at $2.10 million, despite increased buying from other investors. Insiders are selling shares, yet the company reported strong earnings and a $1.80 dividend, maintaining a "Moderate Buy" rating.

NodeGuardian

2026-03-15 11:58:22

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Pitcairn Co. has reduced its stake in Parker-Hannifin Corporation to 2,768 shares worth $2.10 million, despite other institutional investors increasing their positions. Insiders, including COO Andrew D. Ross, have been selling shares, while the company reported strong quarterly earnings, beating analyst expectations, and declared a $1.80 quarterly dividend. Analysts maintain a “Moderate Buy” rating with a consensus price target of $995.37.

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