Curated Wealth Partners 13F: Cuts PH Stake by $308M

Curated Wealth Partners made a sharp move against Parker-Hannifin Corporation NYSE: PH, cutting its investment nearly to zero according to a regulatory filing disclosed on October 15, 2026. Keep in mind that 13F filings are backward-looking and reflect holdings as of the end of the reporting period rather than the fund's exact current stance.

What Changed in Curated Wealth Partners's Parker-Hannifin Position

During the quarter, Curated Wealth Partners sold off 322,353 shares of Parker-Hannifin Corporation. That marked a 99.9% decrease from its previous holding of 322,690 shares. The fund was left with just 337 shares at the end of the period, with a reported value of about $321,975.

Other Institutional Activity in Parker-Hannifin

Other large institutional investors adjusted their positions around the same time. Blackrock Inc. grew its holdings by 390,027 shares, ending with 10,390,711 shares worth about $10,009,787,813. State Street Corporation boosted its stake by 42,975 shares, closing the period with 9,385,389 shares valued at roughly $9,041,320,891. Vanguard Capital Management LLC lifted its holdings by 33,622 shares to finish with 8,234,180 shares worth about $7,932,315,182. Procyon Advisors, LLC kept its stake steady, holding 5,069,169 shares valued at approximately $4,883,333,400 with no change in share count. Meanwhile, FMR, LLC trimmed its position by 152,589 shares, leaving it with 3,894,862 shares worth about $3,752,076,463.

Parker-Hannifin Corporation Stock Down 0.2%

Parker-Hannifin Corporation shares recently traded around $960.00 as of October 16, 2026. The stock sits below its 50-day moving average of $984.37 and above its 200-day moving average of $948.56. Over the past year, the stock has moved between a low of $722.12 and a high of $1,099.94.

Recent Earnings

Parker-Hannifin reported trailing-twelve-month revenue of $21,499,000,832 alongside earnings of $28.48 per share. The company posted a net profit margin of 17.0% and a return on equity of 25.1%. Its next earnings report is expected on November 5, 2026.

Dividend

Parker-Hannifin pays an annual dividend rate of $8.00 per share, which yields 0.83% based on recent trading levels. The company's payout ratio sits at 26.0%.

Insider Buying and Selling at Parker-Hannifin Corporation

Company insiders have also transacted in shares recently. Chief Technology Officer Dinu John Parel disposed of 4,469 shares on August 14, 2026, for a total value of $4,725,612. Officer Patrick M. Scott sold 1,235 shares on August 17, 2026, valued at $1,305,390. Officer Berend Bracht unloaded 602 shares at an average price of $1,040.47 on August 26, 2026, totaling $626,363. Director Laura K Thompson parted with 160 shares at an average price of $958.95 on September 8, 2026, worth $153,432.

Analysts Set New Price Targets

Wall Street firms have updated their views on the stock. On August 14, 2026, Bernstein maintained its Outperform rating while raising its price target to $1,218.00 from $1,037.00. Wells Fargo initiated coverage on September 25, 2026, with an Equal-Weight rating and a $1,050.00 price target. JP Morgan maintained an Overweight rating on October 9, 2026, with a target of $1,131.00 down from $1,140.00. Citigroup maintained a Buy rating on October 12, 2026, lifting its target to $1,234.00 from $1,232.00. TD Cowen maintained a Hold rating on October 14, 2026, raising its target to $950.00 from $850.00. Overall, the stock carries a consensus buy recommendation with 24 analyst opinions and a mean price target of $1,155.62.

About Parker-Hannifin

Parker-Hannifin Corporation manufactures motion and control technologies and systems for aerospace, defense, industrial equipment, transportation, and energy markets worldwide. The company operates through Diversified Industrial and Aerospace Systems segments, providing engineered solutions utilized across heavy manufacturing and technical industries.

Bottom Line

Curated Wealth Partners' decision to strip down its Parker-Hannifin holding highlights a sharp pivot away from the industrial equipment maker. Investors will look toward the upcoming November 5 earnings release for clues on operational momentum and whether other institutional portfolios follow suit.