The Public Sector Pension Investment Board reduced its stake in Parker-Hannifin Corporation by 20% in the third quarter, now holding 219,401 shares valued at $166.34 million. Despite this reduction, other institutional investors increased their positions in the company. Parker-Hannifin also recently announced a quarterly dividend of $1.80 per share and reported strong Q3 earnings, beating analyst estimates.
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.
Public Sector Pension Investment Board Has $166.34 Million Stake in Parker-Hannifin Corporation $PH
The Public Sector Pension Investment Board reduced its stake in Parker-Hannifin Corporation by 20% in the third quarter, now holding 219,401 shares valued at $166.34 million. Despite this reduction, other institutional investors increased their positions in the company. Parker-Hannifin also recently announced a quarterly dividend of $1.80 per share and reported strong Q3 earnings, beating analyst estimates.