Bank of New York Mellon Corp Sells 13,991 Shares of Graham Holdings Company $GHC

Bank of New York Mellon Corp trimmed its position in Graham Holdings Company (NYSE:GHC) by 32.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 29,469 shares of the company’s stock after selling 13,991 shares during the period. Bank of New York Mellon Corp’s holdings in Graham were worth $31,156,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC increased its stake in shares of Graham by 4.7% in the 1st quarter. Sanctuary Advisors LLC now owns 224 shares of the company’s stock worth $237,000 after acquiring an additional 10 shares in the last quarter. Fifth Third Bancorp boosted its stake in Graham by 2,233.3% during the first quarter. Fifth Third Bancorp now owns 840 shares of the company’s stock worth $888,000 after acquiring an additional 804 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Graham by 17.7% in the first quarter. Sequoia Financial Advisors LLC now owns 425 shares of the company’s stock worth $449,000 after purchasing an additional 64 shares during the period. Hsbc Holdings PLC grew its holdings in Graham by 75.2% in the first quarter. Hsbc Holdings PLC now owns 1,428 shares of the company’s stock worth $1,523,000 after purchasing an additional 613 shares during the period. Finally, Lee Danner & Bass Inc. increased its stake in shares of Graham by 103.3% during the first quarter. Lee Danner & Bass Inc. now owns 9,150 shares of the company’s stock valued at $9,674,000 after purchasing an additional 4,650 shares in the last quarter. Institutional investors own 93.16% of the company’s stock.

Graham Trading Down 0.1%

Graham stock opened at $1,153.35 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.79 and a quick ratio of 1.54. Graham Holdings Company has a one year low of $908.39 and a one year high of $1,224.76. The stock has a market capitalization of $4.97 billion, a PE ratio of 17.07 and a beta of 0.72. The business’s fifty day moving average is $1,143.53 and its 200 day moving average is $1,119.70.

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

Graham Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Thursday, July 16th will be issued a dividend of $1.88 per share. This represents a $7.52 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, July 16th. Graham’s payout ratio is presently 11.13%.

Analysts Set New Price Targets

Several research firms have recently issued reports on GHC. Oppenheimer reiterated an “outperform” rating on shares of Graham in a report on Thursday, June 25th. Weiss Ratings restated a “buy (b)” rating on shares of Graham in a research note on Tuesday, May 26th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

About Graham

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.