JPMorgan Chase & Co. Purchases 3,286 Shares of Graham Holdings Company $GHC

JPMorgan Chase & Co. boosted its position in Graham Holdings Company (NYSE:GHC) by 15.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,617 shares of the company’s stock after buying an additional 3,286 shares during the quarter. JPMorgan Chase & Co.’s holdings in Graham were worth $28,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Frazier Financial Advisors LLC purchased a new stake in Graham in the 3rd quarter worth about $36,000. Quent Capital LLC purchased a new position in shares of Graham in the third quarter worth about $49,000. Smartleaf Asset Management LLC raised its position in shares of Graham by 142.9% in the third quarter. Smartleaf Asset Management LLC now owns 51 shares of the company’s stock valued at $60,000 after purchasing an additional 30 shares during the period. Headlands Technologies LLC purchased a new stake in shares of Graham during the 2nd quarter valued at approximately $64,000. Finally, Bessemer Group Inc. boosted its holdings in Graham by 500.0% in the 2nd quarter. Bessemer Group Inc. now owns 96 shares of the company’s stock worth $91,000 after buying an additional 80 shares during the period. Institutional investors own 93.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on GHC shares. Weiss Ratings reissued a “buy (b+)” rating on shares of Graham in a report on Monday, December 29th. Wall Street Zen downgraded 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, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Graham Stock Performance

NYSE GHC opened at $1,050.35 on Friday. Graham Holdings Company has a 52-week low of $875.60 and a 52-week high of $1,224.76. The company has a fifty day moving average of $1,120.65 and a 200-day moving average of $1,098.36. The company has a market capitalization of $4.58 billion, a P/E ratio of 15.82 and a beta of 0.76. 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 released its earnings results on Wednesday, February 25th. The company reported $11.45 EPS for the quarter, missing analysts’ consensus estimates of $14.05 by ($2.60). Graham had a net margin of 5.95% and a return on equity of 5.15%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.30 billion.

Graham Announces Dividend

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

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.