FFG Retirement Advisors LLC Decreases Stake in Graham Corporation $GHM

FFG Retirement Advisors LLC trimmed its holdings in shares of Graham Corporation (NYSE:GHM) by 16.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 50,000 shares of the industrial products company’s stock after selling 10,000 shares during the quarter. Graham accounts for about 1.7% of FFG Retirement Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. FFG Retirement Advisors LLC’s holdings in Graham were worth $2,745,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Blue Trust Inc. acquired a new stake in Graham during the 3rd quarter valued at approximately $28,000. CWM LLC boosted its stake in shares of Graham by 578.9% during the 3rd quarter. CWM LLC now owns 2,580 shares of the industrial products company’s stock valued at $142,000 after buying an additional 2,200 shares during the last quarter. OLD National Bancorp IN acquired a new stake in shares of Graham during the third quarter worth approximately $210,000. Exchange Traded Concepts LLC grew its position in shares of Graham by 39.5% during the third quarter. Exchange Traded Concepts LLC now owns 115,846 shares of the industrial products company’s stock worth $6,360,000 after buying an additional 32,790 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in shares of Graham by 895.2% in the second quarter. Osaic Holdings Inc. now owns 4,727 shares of the industrial products company’s stock worth $234,000 after buying an additional 4,252 shares during the last quarter. Institutional investors and hedge funds own 69.46% of the company’s stock.

Graham Stock Performance

Shares of NYSE:GHM opened at $68.21 on Tuesday. The stock has a market capitalization of $749.59 million, a price-to-earnings ratio of 55.01 and a beta of 0.92. Graham Corporation has a 1-year low of $24.78 and a 1-year high of $72.09. The company’s fifty day moving average is $60.96 and its two-hundred day moving average is $55.06.

Graham (NYSE:GHM) last posted its quarterly earnings results on Friday, November 7th. The industrial products company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.02). Graham had a net margin of 6.00% and a return on equity of 12.44%. The business had revenue of $66.03 million during the quarter, compared to analyst estimates of $57.55 million. Sell-side analysts expect that Graham Corporation will post 1.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on GHM. Noble Financial downgraded shares of Graham from an “outperform” rating to a “market perform” rating in a research note on Tuesday, October 21st. Zacks Research lowered shares of Graham from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Wall Street Zen raised shares of Graham from a “sell” rating to a “hold” rating in a research report on Sunday, November 16th. Finally, Weiss Ratings upgraded Graham from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Graham currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Graham Profile

Graham Corporation (NYSE: GHM) is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.

The company’s technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.