From MarketBeat:

NewEdge Wealth LLC decreased its shares in Parker-Hannifin Co. by 32.5% in the 3rd quarter. The institutional investor owned 4,907 shares after selling 2,359 shares totaling $1,911,000. Several other hedge funds have also bought and sold shares of PH. The stock has a 12-month low of $300.86 and a 12-month high of $514.85. During the last 3 months, insiders have sold $6,099,566 worth of company stock. Finally, several equities research analysts recently issued reports on PH shares. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $480.93.



Read more: NewEdge Wealth LLC Sells 2,359 Shares of Parker-Hannifin Co. (NYSE:PH)