The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
insider sales and institutional investments shape parker-hannifin's market outlook
Parker-Hannifin insiders sold 12,200 shares valued at $8.6 million, reflecting a 27.05% decrease in their holdings. Institutional investors own 82.44% of the company, with recent stake increases from several firms. UBS Group lowered its price target for the stock to $805, while analysts maintain a "Moderate Buy" rating.
insider sales and institutional trading impact parker-hannifin stock performance
Parker-Hannifin insiders sold 12,200 shares worth $8.6 million over the past 90 days, with 0.39% of stock owned by insiders. Institutional investors hold 82.44% of shares, with recent acquisitions including West Branch Capital and Bangor Savings Bank. Barclays lowered its price target for the stock from $800 to $791, while analysts maintain a "Moderate Buy" rating with a consensus target of $722.25.
Parker-Hannifin reports strong earnings and announces quarterly dividend increase
Parker-Hannifin reported a return on equity of 27.95% and a net margin of 14.47%, with a 1.2% revenue increase year-over-year. The company announced a quarterly dividend of $1.63, payable on December 6th, and has a dividend yield of 0.93%. Analysts maintain a "Moderate Buy" rating, with target prices ranging from $645 to $703.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.