Banque Pictet & Cie 13F: Adds $31M to Parker-Hannifin (PH) Stake

Banque Pictet & Cie has significantly increased its position in Parker-Hannifin Corporation (NYSE: PH) by 32,786 shares, bringing its total holdings to 57,826 shares valued at about $55.2 million, according to a filing on October 16, 2026. This change marks a 130.9% increase from the prior total of 25,040 shares.

Other Institutional Activity in Parker-Hannifin

Blackrock Inc. holds 10,390,711 shares of Parker-Hannifin after adding 390,027 shares. Its stake is worth approximately $10.0 billion. State Street Corporation owns 9,385,389 shares, having increased its holdings by 42,975 shares for a total value of about $9.0 billion. Vanguard Capital Management LLC has 8,234,180 shares after a gain of 33,622 shares, valued at roughly $7.9 billion. Procyon Advisors, LLC remains steady at 5,069,169 shares, while FMR, LLC has reduced its stake by 152,589 shares to 3,894,862 shares worth about $3.8 billion.

Parker-Hannifin Corporation Stock Down 0.2%

As of October 16, 2026, Parker-Hannifin shares are recently trading around $960, which is below the 50-day moving average of $984.37 but above its 52-week low of $722.12. The stock is currently 12.7% below its 52-week high of $1,099.94, and it is 16.9% below the mean price target set by analysts at $1,155.62.

Recent Earnings

In its latest earnings report, Parker-Hannifin reported trailing twelve-month revenue of approximately $21.5 billion, showing a year-over-year revenue growth of 9.8%. The company's earnings per share (EPS) stood at $28.48, with a return on equity (ROE) of 25.1% and a net margin of 17.0%. The next earnings report is expected on November 5, 2026.

Insider Buying and Selling at Parker-Hannifin Corporation

Several insiders have made transactions recently. Chief Technology Officer Dinu John Parel sold 4,469 shares worth about $4.73 million on August 14, 2026. Officer Patrick M. Scott sold 1,235 shares valued at approximately $1.31 million on August 17. Other sales included Berend Bracht, who sold 602 shares for about $626,363 on August 26, and Laura K. Thompson, who sold 160 shares valued at $153,432 on September 8.

Analysts Set New Price Targets

Analysts have been active regarding Parker-Hannifin. On August 14, 2026, Bernstein maintained its Outperform rating with a price target raised to $1,218. Wells Fargo initiated coverage with an Equal-Weight rating and a target of $1,050 on September 25. JP Morgan maintained an Overweight rating with a target of $1,131 on October 9, while Citigroup reiterated its Buy rating with a target of $1,234 on October 12. On October 14, TD Cowen maintained a Hold rating with a target of $950. The consensus rating remains a 'buy' with a mean price target of $1,155.62 based on 24 analyst opinions.

About Parker-Hannifin

Parker-Hannifin Corporation manufactures and sells motion and control technologies for various markets, including aerospace, industrial equipment, and HVAC systems. The company's broad portfolio positions it well in an evolving industrial landscape, making recent institutional support significant for its future growth prospects.

Bottom Line

With Banque Pictet's recent boost to its holdings, further updates on Parker-Hannifin will be important, especially ahead of its earnings report on November 5, 2026. The filing reflects the fund's position as of the reporting period and may not represent its current holdings.