Shares of Graham Corporation (NYSE:GHM – Get Free Report) have received a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $95.3333.
Several equities analysts recently weighed in on GHM shares. Northland Securities set a $111.00 target price on Graham in a research report on Tuesday, June 9th. Zacks Research downgraded shares of Graham from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 10th. Oppenheimer increased their price objective on shares of Graham from $100.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, June 9th. Weiss Ratings raised shares of Graham from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Finally, Wall Street Zen downgraded shares of Graham from a “hold” rating to a “sell” rating in a report on Saturday.
Check Out Our Latest Analysis on Graham
Graham Stock Down 0.2%
Graham (NYSE:GHM – Get Free Report) last posted its quarterly earnings data on Monday, June 8th. The industrial products company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The business had revenue of $67.08 million for the quarter, compared to analysts’ expectations of $59.95 million. Graham had a return on equity of 11.94% and a net margin of 5.10%.The business’s revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.40 earnings per share. As a group, sell-side analysts expect that Graham will post 1.85 EPS for the current year.
Institutional Trading of Graham
Institutional investors have recently made changes to their positions in the stock. Auto Owners Insurance Co raised its position in shares of Graham by 6,323.0% in the 4th quarter. Auto Owners Insurance Co now owns 706,530 shares of the industrial products company’s stock worth $4,538,000 after buying an additional 695,530 shares during the period. William Blair Investment Management LLC acquired a new position in Graham in the third quarter valued at $15,043,000. Royal Bank of Canada grew its position in Graham by 7,833.6% during the fourth quarter. Royal Bank of Canada now owns 245,625 shares of the industrial products company’s stock valued at $15,777,000 after acquiring an additional 242,529 shares during the period. Agman Capital LLC acquired a new stake in Graham during the fourth quarter worth about $14,079,000. Finally, Alyeska Investment Group L.P. acquired a new stake in Graham during the third quarter worth about $10,356,000. 69.46% of the stock is owned by hedge funds and other institutional investors.
More Graham News
Here are the key news stories impacting Graham this week:
- Positive Sentiment: Graham’s recent quarterly results beat expectations, with earnings of $0.33 per share versus the $0.30 consensus and revenue of $67.08 million versus $59.95 million expected, showing the business is still growing year over year.
- Neutral Sentiment: Northland Securities and Noble Financial updated their 2027 earnings models, with Noble starting Q3 2027 EPS at $0.38 and Northland lowering several forecasts, but these changes are primarily forward-looking and do not change the company’s current operations.
- Negative Sentiment: Zacks Research downgraded Graham from strong-buy to hold, which can weigh on investor sentiment by signaling less upside than before. Zacks.com
- Negative Sentiment: Northland Securities cut its FY2027 EPS estimate to $1.75 from $2.38 and also reduced its Q3 2027 outlook, suggesting analysts see slower earnings growth ahead.
About Graham
Graham Corporation (NYSE: GHM) is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.
The company’s technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.
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