7,939 Shares in Graham Corporation $GHM Acquired by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS purchased a new stake in shares of Graham Corporation (NYSE:GHM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,939 shares of the industrial products company’s stock, valued at approximately $685,000. Kornitzer Capital Management Inc. KS owned approximately 0.07% of Graham as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Westport Asset Management Inc. bought a new position in Graham in the 2nd quarter valued at approximately $171,000. Corient Private Wealth LP boosted its stake in Graham by 9.5% during the 2nd quarter. Corient Private Wealth LP now owns 2,863 shares of the industrial products company’s stock valued at $354,000 after purchasing an additional 249 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Graham during the 2nd quarter valued at $52,000. Wasatch Advisors LP increased its holdings in shares of Graham by 0.8% in the 2nd quarter. Wasatch Advisors LP now owns 85,103 shares of the industrial products company’s stock worth $10,535,000 after purchasing an additional 659 shares in the last quarter. Finally, Silvant Capital Management LLC bought a new stake in shares of Graham in the 2nd quarter worth $101,000. Institutional investors own 69.46% of the company’s stock.

Analyst Ratings Changes

GHM has been the subject of several recent analyst reports. Oppenheimer decreased their price target 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. lowered their price target on Graham from $120.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, November 6th. Weiss Ratings cut Graham from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. William Blair initiated coverage on Graham in a report on Monday. They issued an “outperform” rating for the company. Finally, Wall Street Zen upgraded Graham from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Graham currently has an average rating of “Moderate Buy” and a consensus price target of $116.67.

Graham Stock Down 0.5%

Shares of Graham 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’s 50 day moving average is $80.22 and its 200 day moving average is $91.23. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 76.72 and a beta of 1.16.

Graham (NYSE:GHM) last posted its earnings results on Thursday, November 5th. The industrial products company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.18. The business had revenue of $69.76 million during the quarter, compared to the consensus estimate of $71.07 million. Graham had a net margin of 5.05% and a return on equity of 11.56%. Sell-side analysts expect that Graham Corporation will post 1.92 EPS for the current fiscal year.

Key Graham News

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 Company Profile

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.