Brookstone Capital Management 13F: Cuts PH Stake by $8.5M

Brookstone Capital Management reduced its holdings in Parker-Hannifin Corporation NYSE: PH by 8,951 shares during the quarter, according to a Form 13F filing on October 22, 2026. SEC filings show the firm held 9,906 shares previously and wrapped up the period with 955 shares valued at about $912,033, marking a 90.4% decrease.

PH Parker-Hannifin Corporation

$893.21 ▲ +0.53% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Brookstone Capital Management's Parker-Hannifin Position

The fund trimmed its exposure significantly during the period, cutting the vast majority of its shares in the industrial manufacturer. The remaining stake of 955 shares reflects a sharply lower position compared to the 9,906 shares held beforehand.

Other Institutional Activity in Parker-Hannifin

Other major investors have also adjusted their portfolios around Parker-Hannifin. AMF Tjanstepension grew its holdings by -79,587 shares, ending with 281,058 shares worth about $268,528,434 after a 22.1% cut. Banque Pictet & Cie grew its holdings by 32,786 shares, ending with 57,826 shares worth about $55,248,117 following a 130.9% increase. Curated Wealth Partners grew its holdings by -322,353 shares, ending with 337 shares worth about $321,975 after a 99.9% reduction. Procyon Advisors, LLC grew its holdings by 0 shares, ending with 5,069,022 shares worth about $4,527,701,251 with no percentage change. Aristotle Capital Management, LLC grew its holdings by -122,403 shares, ending with 1,998,974 shares worth about $1,785,503,610 following a 5.8% drop.

Parker-Hannifin Corporation Stock Down 5.1%

Parker-Hannifin shares recently traded around $909.27 on October 23, 2026, sitting below the closing price of $893.21 on the filing date. The stock has traded between a 52-week low of $737.70 and a 52-week high of $1,099.94.

Recent Earnings

Parker-Hannifin operates with $21.5 billion in trailing revenue and earnings of $26.55 per share. The company reports its next financial results on November 5, 2026.

Dividend

The company pays an annual dividend of $8.00 per share, yielding 0.83% based on recent trading levels.

Insider Buying and Selling at Parker-Hannifin Corporation

Company insiders have also been active in the open market. Director James R. Verrier sold 1,500 shares on August 14, 2026, at a price of $1,058.00 for a total of $1,587,000. Officer Patrick M. Scott sold 1,235 shares on August 17, 2026, valued at $1,305,390. Officer Berend Bracht sold 602 shares on August 26, 2026, at $1,040.47 for $626,363. Finally, Director Laura K Thompson sold 160 shares on September 8, 2026, at $958.95 for $153,432.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on the manufacturer's valuation and prospects through recent updates. On August 14, 2026, Bernstein maintained its Outperform rating while lifting its price target from $1037.00 to $1218.00. Wells Fargo initiated coverage on September 25, 2026, with an Equal-Weight rating and a $1050.00 price target. JP Morgan maintained an Overweight rating on October 9, 2026, moving its target from $1140.00 down to $1131.00. Citigroup kept a Buy rating on October 12, 2026, raising its target slightly from $1232.00 to $1234.00. TD Cowen maintained a Hold rating on October 14, 2026, adjusting its target from $850.00 to $950.00. Overall, the stock carries a consensus buy rating across 24 analyst opinions with a mean price target of $1,152.58.

About Parker-Hannifin

Parker-Hannifin makes motion and control technologies for industrial, aerospace, and energy markets worldwide. The Cleveland-based firm serves customers across North America, Europe, Asia, and Latin America through its diversified manufacturing and aerospace systems segments.

Bottom Line

Investors will watch the upcoming earnings report on November 5, 2026, for further updates on margins and demand. Institutional portfolio adjustments like Brookstone's filing offer a look at how major holders manage their exposure across shifting market conditions.