Philadelphia Trust Co. raised its position in Graham Corporation (NYSE:GHM – Free Report) by 36.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,531 shares of the industrial products company’s stock after acquiring an additional 23,157 shares during the quarter. Philadelphia Trust Co. owned 0.75% of Graham worth $7,555,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Graham during the second quarter worth $110,235,000. William Blair Investment Management LLC acquired a new stake in Graham during the 2nd quarter valued at $45,159,000. Bank of New York Mellon Corp acquired a new stake in Graham during the 2nd quarter valued at $31,920,000. De Lisle Partners LLP purchased a new stake in Graham during the 2nd quarter worth $11,141,000. Finally, Wasatch Advisors LP increased its stake in Graham by 0.8% during the 2nd quarter. Wasatch Advisors LP now owns 85,103 shares of the industrial products company’s stock worth $10,535,000 after buying an additional 659 shares during the period. Institutional investors and hedge funds own 69.46% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. Wall Street Zen upgraded shares of Graham from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings downgraded Graham from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. Oppenheimer lowered their target price on Graham from $130.00 to $115.00 and set an “outperform” rating for the company in a research note on Thursday, October 8th. JPMorgan Chase & Co. dropped their target price on Graham from $120.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, November 6th. Finally, William Blair assumed coverage on Graham in a research note on Monday. They issued an “outperform” rating on the stock. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.67.
Read Our Latest Stock Analysis on GHM
Trending Headlines about Graham
Here are the key news stories impacting Graham this week:
- Positive Sentiment: William Blair initiated coverage with an Outperform rating, a bullish endorsement that was reported alongside a 15% share-price surge. William Blair initiates Graham at Outperform
- Positive Sentiment: Several analyst forecasts point to earnings growth: Northland raised its FY2027 EPS estimate from $1.76 to $1.87 and its FY2028 forecast to $2.34; Noble also slightly increased its FY2028 estimate. Zacks noted that analysts’ earnings-estimate revisions indicate potential upside.
- Positive Sentiment: The average analyst price target implies about 38% upside, although the article cautions that price-target averages alone are not a dependable predictor. Wall Street analysts predict upside in Graham
- Neutral Sentiment: Northland’s revisions were mixed across individual quarters, with some estimates raised and others lowered, suggesting the forecast changes are not uniformly positive.
- Negative Sentiment: JPMorgan cut its price target from $120 to $100, reducing its implied upside, though it retained an Overweight rating. Noble also lowered its Q4 2027 EPS estimate from $0.57 to $0.50.
Graham Trading Down 0.5%
GHM stock opened at $88.23 on Wednesday. Graham Corporation has a twelve month low of $52.57 and a twelve month high of $125.82. The company has a market capitalization of $1.04 billion, a P/E ratio of 76.72 and a beta of 1.16. The firm has a 50 day simple moving average of $80.22 and a 200-day simple moving average of $91.23.
Graham (NYSE:GHM – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The industrial products company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.18. Graham had a net margin of 5.05% and a return on equity of 11.56%. The firm had revenue of $69.76 million for the quarter, compared to analysts’ expectations of $71.07 million. On average, research analysts predict that Graham Corporation will post 1.92 EPS for the current year.
About Graham
Graham Corporation designs and manufactures engineered equipment used to create and maintain vacuum conditions and transfer heat. Its products include steam jet ejectors, vacuum systems, surface condensers and heat exchangers for industrial applications. The company also provides turbomachinery through its Barber-Nichols business, including pumps, compressors and turbines used in aerospace, defense, energy and other markets. Graham’s equipment serves customers in industries such as chemical processing, refining, power generation and naval defense.
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