Graham (NYSE:GHC) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Graham (NYSE:GHC) from a buy rating to a hold rating in a research note released on Friday morning.

Separately, Weiss Ratings restated a “buy (b+)” rating on shares of Graham in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Graham currently has a consensus rating of “Buy”.

Graham Stock Down 1.0%

NYSE GHC opened at $1,170.62 on Friday. Graham has a twelve month low of $875.60 and a twelve month high of $1,224.76. The stock has a market cap of $5.10 billion, a PE ratio of 7.00 and a beta of 0.75. The firm has a 50-day simple moving average of $1,109.79 and a 200 day simple moving average of $1,067.69. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.14 and a current ratio of 1.32.

Graham (NYSE:GHC) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $14.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.36 by $1.72. Graham had a return on equity of 6.29% and a net margin of 14.93%.The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.19 billion.

Graham Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Wednesday, February 4th will be paid a $1.88 dividend. The ex-dividend date of this dividend is Wednesday, February 4th. This represents a $7.52 annualized dividend and a yield of 0.6%. This is a positive change from Graham’s previous quarterly dividend of $1.80. Graham’s payout ratio is presently 4.30%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Costello Asset Management INC grew its holdings in shares of Graham by 7.5% in the 3rd quarter. Costello Asset Management INC now owns 143 shares of the company’s stock worth $168,000 after purchasing an additional 10 shares during the last quarter. Glenmede Investment Management LP boosted its position in Graham by 4.4% in the third quarter. Glenmede Investment Management LP now owns 236 shares of the company’s stock valued at $278,000 after buying an additional 10 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in Graham by 1.3% during the second quarter. Thrivent Financial for Lutherans now owns 800 shares of the company’s stock worth $757,000 after buying an additional 10 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Graham by 55.0% during the second quarter. GAMMA Investing LLC now owns 31 shares of the company’s stock worth $29,000 after buying an additional 11 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in shares of Graham by 68.8% in the second quarter. UMB Bank n.a. now owns 27 shares of the company’s stock valued at $26,000 after acquiring an additional 11 shares during the last quarter. 93.16% of the stock is owned by institutional investors.

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.