Candriam S.C.A. increased its stake in Parker-Hannifin Co. to 5.1%, owning shares valued at $35.5 million.

Candriam S.C.A. increased its stake in Parker-Hannifin Co. by 5.1%, now owning shares valued at $35.5 million. The company reported earnings of $6.77 per share, exceeding estimates of $6.22, with revenue of $5.19 billion. Analysts are optimistic, with multiple upgrades and a consensus "Moderate Buy" rating. Parker-Hannifin's market cap is $73.51 billion, and its stock price is currently around $571.31.