Hennessy Advisors Inc. Trims Stock Position in Graham Holdings Company $GHC

Hennessy Advisors Inc. cut its position in shares of Graham Holdings Company (NYSE:GHC) by 6.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,387 shares of the company’s stock after selling 600 shares during the period. Hennessy Advisors Inc. owned approximately 0.22% of Graham worth $10,313,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Bayforest Capital Ltd raised its stake in Graham by 32.0% during the fourth quarter. Bayforest Capital Ltd now owns 256 shares of the company’s stock worth $281,000 after purchasing an additional 62 shares during the period. Sterling Investment Counsel LLC raised its stake in shares of Graham by 2.5% in the 4th quarter. Sterling Investment Counsel LLC now owns 404 shares of the company’s stock valued at $444,000 after acquiring an additional 10 shares during the period. Assetmark Inc. grew its holdings in shares of Graham by 30.9% in the fourth quarter. Assetmark Inc. now owns 2,708 shares of the company’s stock valued at $2,975,000 after purchasing an additional 639 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Graham by 3.4% in the fourth quarter. State of Alaska Department of Revenue now owns 16,265 shares of the company’s stock valued at $17,866,000 after purchasing an additional 540 shares in the last quarter. Finally, Choreo LLC grew its holdings in shares of Graham by 10.7% in the fourth quarter. Choreo LLC now owns 196 shares of the company’s stock valued at $214,000 after purchasing an additional 19 shares in the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.

Graham Trading Up 0.3%

NYSE GHC opened at $1,156.02 on Monday. The company has a quick ratio of 1.53, a current ratio of 1.75 and a debt-to-equity ratio of 0.15. Graham Holdings Company has a 52 week low of $876.27 and a 52 week high of $1,224.76. The stock has a market capitalization of $5.04 billion, a PE ratio of 17.41 and a beta of 0.79. The firm has a 50 day moving average of $1,074.99 and a two-hundred day moving average of $1,086.03.

Graham (NYSE:GHC) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $11.45 EPS for the quarter, missing the consensus estimate of $14.05 by ($2.60). Graham had a return on equity of 5.03% and a net margin of 5.95%.The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.30 billion.

Graham Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 7th. Shareholders of record on Thursday, April 16th will be issued a dividend of $1.88 per share. This represents a $7.52 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, April 16th. Graham’s payout ratio is 11.33%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on GHC shares. Weiss Ratings restated a “buy (b+)” rating on shares of Graham in a report on Monday, December 29th. Wall Street Zen cut shares of Graham from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock 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.