Advisors Asset Management Inc. increased its stake in Parker-Hannifin Corporation by 22.7% during the third quarter, acquiring an additional 3,865 shares to own a total of 20,880 shares valued at approximately $15.83 million. Other institutional investors also adjusted their holdings in the industrial products company. Parker-Hannifin recently reported strong Q1 earnings, exceeding consensus estimates, and announced a quarterly dividend of $1.80 per share.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Advisors Asset Management Inc. Acquires 3,865 Shares of Parker-Hannifin Corporation $PH
Advisors Asset Management Inc. increased its stake in Parker-Hannifin Corporation by 22.7% during the third quarter, acquiring an additional 3,865 shares to own a total of 20,880 shares valued at approximately $15.83 million. Other institutional investors also adjusted their holdings in the industrial products company. Parker-Hannifin recently reported strong Q1 earnings, exceeding consensus estimates, and announced a quarterly dividend of $1.80 per share.