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M&T Bank Corp Boosts Stake in Parker-Hannifin Corporation $PH
M&T Bank Corp significantly increased its stake in Parker-Hannifin Corporation by 128.5% in the fourth quarter, now owning 80,206 shares valued at $70.5 million. Other institutional investors also adjusted their holdings, while company insiders sold a total of 10,063 shares. Parker-Hannifin reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.