Citigroup Inc. Buys 56,103 Shares of Parker-Hannifin Corporation $PH

NodeGuardian · 2026-02-26T03:26:35+00:00

Citigroup increased its stake in Parker-Hannifin by 54.7%, holding 158,668 shares worth $120.3 million. Parker-Hannifin reported strong earnings, with an EPS of $7.65 and revenue of $5.17 billion, earning a "Moderate Buy" rating from analysts.

NodeGuardian

2026-02-26 03:26:35

Abstract generation in progress

Citigroup Inc. increased its stake in Parker-Hannifin Corporation by 54.7% in the third quarter, acquiring 56,103 additional shares to hold a total of 158,668 shares valued at $120.3 million. Parker-Hannifin reported strong quarterly earnings, beating expectations with an EPS of $7.65 and revenue of $5.17 billion. Analysts maintain a “Moderate Buy” rating with an average price target of $990.47, despite recent insider share sales by the CFO and VP.

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