Allspring Global Investments Holdings LLC Purchases 4,769 Shares of Graham Holdings Company $GHC

Allspring Global Investments Holdings LLC raised its position in Graham Holdings Company (NYSE:GHCFree Report) by 43.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,804 shares of the company’s stock after acquiring an additional 4,769 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Graham were worth $16,765,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Graham by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,307 shares of the company’s stock worth $2,217,000 after buying an additional 69 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Graham by 5.6% during the first quarter. Goldman Sachs Group Inc. now owns 27,167 shares of the company’s stock valued at $26,104,000 after acquiring an additional 1,448 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Graham by 3.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,765 shares of the company’s stock worth $6,500,000 after acquiring an additional 214 shares during the period. Jane Street Group LLC lifted its stake in Graham by 39.8% in the first quarter. Jane Street Group LLC now owns 8,250 shares of the company’s stock worth $7,927,000 after acquiring an additional 2,350 shares during the period. Finally, Invesco Ltd. boosted its holdings in Graham by 35.2% in the second quarter. Invesco Ltd. now owns 29,305 shares of the company’s stock valued at $27,728,000 after acquiring an additional 7,628 shares in the last quarter. 93.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on GHC. Oppenheimer reissued an “outperform” rating on shares of Graham in a research report on Thursday, June 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Graham in a research note on Tuesday, May 26th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Get Our Latest Report on GHC

Graham Trading Down 0.8%

GHC opened at $1,150.04 on Wednesday. The stock has a market cap of $4.96 billion, a PE ratio of 17.02 and a beta of 0.72. The company has a quick ratio of 1.54, a current ratio of 1.79 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average of $1,140.94 and a 200-day moving average of $1,118.73. Graham Holdings Company has a 52 week low of $887.42 and a 52 week high of $1,224.76.

Graham (NYSE:GHCGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $16.79 earnings per share for the quarter, topping the consensus estimate of $13.11 by $3.68. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Graham had a return on equity of 5.40% and a net margin of 5.97%.

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Thursday, July 16th will be given a $1.88 dividend. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $7.52 dividend on an annualized basis and a dividend yield of 0.7%. Graham’s dividend payout ratio is currently 11.13%.

About Graham

(Free Report)

Graham Corporation is a U.S.-based industrial equipment manufacturer specializing in the design and production of vacuum and heat transfer systems. The company’s core offerings include vacuum pumps, exhausters, and energy recovery turbines, as well as steam surface condensers and specialized heat exchangers. These products are engineered to support critical processes in industries that require controlled environments and efficient thermal management.

In addition to its standard product lines, Graham Corporation provides aftermarket services such as equipment installation, field maintenance, performance testing, and spare parts supply.

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Institutional Ownership by Quarter for Graham (NYSE:GHC)

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