AMF Tjanstepension 13F: Cuts Parker-Hannifin (PH) Stake by $76M

AMF Tjanstepension reduced its holdings in Parker-Hannifin Corporation by 79,587 shares during the quarter, according to a Form 13F filing on October 22, 2026. The institutional investor cut its stake by 22.1%, bringing its total position down to 281,058 shares valued at about $268.5 million.

PH Parker-Hannifin Corporation

$958.22 ▲ +7.84% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in AMF Tjanstepension's Parker-Hannifin Position

The filing shows that AMF Tjanstepension trimmed its investment from a previous total of 360,645 shares. Even after the 22.1% reduction, the remaining 281,058 shares represent a substantial holding in the industrial manufacturer.

Other Institutional Activity in Parker-Hannifin

Other large institutional investors also adjusted their positions in Parker-Hannifin around the same period. Procyon Advisors, LLC held steady with 5,069,022 shares worth about $4.53 billion. Meanwhile, Aristotle Capital Management, LLC lowered its holdings by 122,403 shares, ending the quarter with 1,998,974 shares valued at roughly $1.79 billion.

Parker-Hannifin Corporation Stock Down 5.1%

Parker-Hannifin recently traded around $909.27, which puts the shares below both their 50-day moving average of $975.71 and their 200-day moving average of $949.88. The stock trades about 17.3% below its 52-week high of $1,099.94 while sitting roughly 23.3% above its 52-week low of $737.70.

Recent Earnings

Parker-Hannifin generated trailing-twelve-month revenue of $21.5 billion alongside basic earnings of $26.55 per share. The industrial firm operates with a net profit margin of 17.0% and a return on equity of 25.1%. The company's next earnings report is scheduled for November 5, 2026.

Dividend

Parker-Hannifin pays an annual dividend of $8.00 per share, giving the stock a dividend yield of 0.83%. The payout ratio sits at 26.0% of earnings.

Insider Buying and Selling at Parker-Hannifin Corporation

Company insiders executed several sales ahead of the filing. Director James R. Verrier sold 1,500 shares on August 14, 2026, at an average price of $1,058.00 for a total value of about $1.59 million. Officer Patrick M. Scott sold 1,235 shares on August 17, 2026, worth roughly $1.31 million. Officer Berend Bracht disposed of 602 shares on August 26, 2026, at an average price of $1,040.47 for a total of $626,363. Finally, Director Laura K. Thompson sold 160 shares on September 8, 2026, at an average price of $958.95, totaling $153,432.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On August 14, 2026, Bernstein maintained its outperform rating while raising its price target from $1,037.00 to $1,218.00. Wells Fargo initiated coverage with an equal-weight rating and a $1,050.00 target on September 25, 2026. JP Morgan maintained an overweight rating on October 9, 2026, lowering its target slightly from $1,140.00 to $1,131.00. Citigroup kept a buy rating on October 12, 2026, nudging its target up to $1,234.00 from $1,232.00. TD Cowen maintained a hold rating on October 14, 2026, raising its target from $850.00 to $950.00. Overall, the stock carries a consensus buy rating and a mean price target of $1,152.58 across 24 analyst opinions.

About Parker-Hannifin Corporation

Parker-Hannifin Corporation manufactures motion and control technologies and systems for diverse sectors including aerospace, defense, industrial equipment, energy, and refrigeration. Headquartered in Cleveland, Ohio, the company operates through diversified industrial and aerospace segments to serve global markets.

Bottom Line

Investors will look toward Parker-Hannifin's upcoming earnings release on November 5, 2026, for updates on profit margins and segment demand. Additional institutional reports will show whether other major funds followed AMF Tjanstepension in trimming exposure.