Louisiana State Employees Retirement System purchased a new position in Graham Holdings Company (NYSE:GHC – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,000 shares of the company’s stock, valued at approximately $1,057,000.
A number of other large investors also recently modified their holdings of the business. CIBC Private Wealth Group LLC lifted its holdings in Graham by 475.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 23 shares of the company’s stock worth $25,000 after purchasing an additional 19 shares during the period. Kestra Advisory Services LLC acquired a new position in Graham during the 4th quarter valued at about $45,000. IFP Advisors Inc increased its stake 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 buying an additional 23 shares during the period. Allworth Financial LP raised its position in shares of Graham by 29.3% during the 3rd quarter. Allworth Financial LP now owns 53 shares of the company’s stock worth $62,000 after buying an additional 12 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in shares of Graham by 600.0% in 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. 93.16% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on GHC. Weiss Ratings reiterated a “buy (b)” rating on shares of Graham in a report on Tuesday, May 26th. Oppenheimer reaffirmed an “outperform” rating on shares of Graham in a research note on Thursday, June 25th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Graham Stock Performance
Shares of GHC opened at $1,181.55 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.79 and a quick ratio of 1.54. The firm’s 50 day moving average is $1,132.21 and its 200-day moving average is $1,113.30. Graham Holdings Company has a 12-month low of $882.21 and a 12-month high of $1,224.76. The stock has a market capitalization of $5.09 billion, a P/E ratio of 17.49 and a beta of 0.72.
Graham (NYSE:GHC – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $16.79 EPS for the quarter, beating the consensus estimate of $13.11 by $3.68. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.26 billion. Graham had a net margin of 5.97% and a return on equity of 5.40%.
Graham Dividend Announcement
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 given a dividend of $1.88 per share. This represents a $7.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, July 16th. Graham’s dividend payout ratio is 11.13%.
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.
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