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Applied Finance Capital Management buys shares in Parker-Hannifin, which reported strong Q4 earnings.
Applied Finance Capital Management bought shares in Parker-Hannifin, an industrial products company with a $68.38 billion market cap, while other firms like Sand Hill Global Advisors and World Investment Advisors adjusted their holdings.
Parker-Hannifin reported strong Q4 earnings of $6.53 per share, beating analyst estimates by $0.30.
Analysts expect the company to post 26.71 earnings per share for the current year, with a "Moderate Buy" rating and a price target of $736.65.
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Finanzas Aplicadas Capital Management compra acciones en Parker-Hannifin, que reportó fuertes ganancias Q4.