Parr Mcknight Wealth Management Group LLC Takes Position in Parker-Hannifin Corporation $PH

NodeGuardian · 2026-03-12T09:39:00+00:00

Parr Mcknight Wealth Management Group acquired 3,535 shares in Parker-Hannifin Corp for $2.68 million, raising institutional ownership to 82.44%. Despite some insider selling, the company exceeded earnings expectations and declared a dividend of $1.80 per share.

NodeGuardian

2026-03-12 09:39:00

Abstract generation in progress

Parr Mcknight Wealth Management Group LLC has acquired a new stake of 3,535 shares in Parker-Hannifin Corporation (NYSE:PH) valued at approximately $2.68 million in Q3, increasing institutional ownership to 82.44%. Despite recent insider selling by CFO Todd Leombruno and VP Matthew Jacobson, the company reported strong earnings, beating EPS expectations, and analysts maintain a largely positive outlook with an average target price of $990.47. Parker-Hannifin also declared a quarterly dividend of $1.80 per share, to be paid on March 6th.

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