Bronte Capital Management Pty Ltd. Sells 570 Shares of Graham Holdings Company $GHC

Bronte Capital Management Pty Ltd. cut its stake in Graham Holdings Company (NYSE:GHC) by 4.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,785 shares of the company’s stock after selling 570 shares during the quarter. Graham comprises about 1.4% of Bronte Capital Management Pty Ltd.’s holdings, making the stock its 15th biggest holding. Bronte Capital Management Pty Ltd. owned about 0.29% of Graham worth $13,517,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of GHC. CIBC Private Wealth Group LLC increased its position in shares of Graham by 475.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 23 shares of the company’s stock valued at $25,000 after buying an additional 19 shares during the period. Kestra Advisory Services LLC purchased a new stake in Graham in the fourth quarter worth about $45,000. IFP Advisors Inc boosted its position in Graham by 100.0% during the 4th quarter. IFP Advisors Inc now owns 46 shares of the company’s stock valued at $51,000 after acquiring an additional 23 shares in the last quarter. Allworth Financial LP boosted its position in Graham by 29.3% during the 3rd quarter. Allworth Financial LP now owns 53 shares of the company’s stock valued at $62,000 after acquiring an additional 12 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in shares of Graham by 600.0% during the 4th quarter. Hantz Financial Services Inc. now owns 56 shares of the company’s stock worth $62,000 after acquiring an additional 48 shares during the period. Institutional investors own 93.16% of the company’s stock.

Graham Price Performance

GHC opened at $1,181.55 on Friday. The firm has a market cap of $5.09 billion, a PE ratio of 17.49 and a beta of 0.72. The stock has a 50-day moving average price of $1,131.64 and a 200-day moving average price of $1,112.82. Graham Holdings Company has a 1 year low of $882.21 and a 1 year high of $1,224.76. 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 (NYSE:GHC) last announced its quarterly earnings data on Thursday, April 30th. The company reported $16.79 EPS for the quarter, beating the consensus estimate of $13.11 by $3.68. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.26 billion. Graham had a net margin of 5.97% and a return on equity of 5.40%.

Graham Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 6th. Investors of record on Thursday, July 16th will be issued a $1.88 dividend. This represents a $7.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, July 16th. Graham’s payout ratio is presently 11.13%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on GHC shares. Oppenheimer restated an “outperform” rating on shares of Graham in a research report on Thursday, June 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Graham in a report on Tuesday, May 26th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Graham Company Profile

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.