Several significant transactions have occurred in the shares of
Parker-Hannifin Corporation (NYSE:PH), both from buying and selling perspectives. An array of organizations have been adjusting their positions in PH shares. While some, including M&T Bank Corp, Mathes Company Inc., and Lbp Am Sa, have sold their shares, others such as Truist Financial Corp and Stratos Wealth Partners LTD. have increased their stakes. Notably, PH is expanding its Electric Vehicle (EV) technology capabilities through a $1 billion acquisition of Curtis Instruments.
Morgan Stanley analysts expect PH's stock price to rise. The corporation has received an average suggestion of
Moderate Buy from brokerages. Moreover, PH marked a prominent place being the 10th largest position for the Minneapolis Portfolio Management Group LLC. Their recent Q3 earnings highlighted robust margins and solidified aerospace systems sales. Overall, these developments evidence the high interest and strategic moves PH elicits in the investor community, and its proactive strategic action to boost its offerings.
Parker-Hannifin Corporation PH News Analytics from Sat, 16 Nov 2024 08:00:00 GMT to Sat, 12 Jul 2025 23:22:49 GMT -
Rating 4
- Innovation 2
- Information 5
- Rumor -2
