Assetmark Inc. Has $2.26 Million Holdings in Graham Holdings Company $GHC

Assetmark Inc. cut its holdings in shares of Graham Holdings Company (NYSE:GHC) by 21.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,135 shares of the company’s stock after selling 573 shares during the period. Assetmark Inc.’s holdings in Graham were worth $2,257,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC grew its position in shares of Graham by 475.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 23 shares of the company’s stock valued at $25,000 after purchasing an additional 19 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Graham during the fourth quarter worth $45,000. IFP Advisors Inc increased its position in shares of Graham by 100.0% during the fourth quarter. IFP Advisors Inc now owns 46 shares of the company’s stock worth $51,000 after acquiring an additional 23 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of Graham by 533.3% during the first quarter. Bessemer Group Inc. now owns 57 shares of the company’s stock worth $61,000 after acquiring an additional 48 shares during the period. Finally, Allworth Financial LP lifted its position in Graham by 29.3% in 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. 93.16% of the stock is currently owned by institutional investors.

Graham Price Performance

NYSE:GHC opened at $1,142.38 on Friday. Graham Holdings Company has a 52-week low of $900.00 and a 52-week high of $1,224.76. The company has a market cap of $4.92 billion, a P/E ratio of 16.91 and a beta of 0.72. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.54 and a current ratio of 1.79. The stock’s 50-day simple moving average is $1,142.28 and its 200 day simple moving average is $1,119.43.

Graham (NYSE:GHC) last issued its quarterly 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 firm had revenue of $1.24 billion during 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 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 $1.88 dividend. 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 dividend payout ratio is presently 11.13%.

Wall Street Analysts Forecast Growth

GHC has been the topic of several recent research reports. Oppenheimer reissued an “outperform” rating on shares of Graham in a research note 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, According to MarketBeat.com, the stock presently 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.