Hsbc Holdings PLC bought a new stake in Graham Holdings Company (NYSE:GHC – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 815 shares of the company’s stock, valued at approximately $892,000.
Several other hedge funds also recently modified their holdings of GHC. JPMorgan Chase & Co. grew its stake in Graham by 15.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,617 shares of the company’s stock valued at $28,982,000 after purchasing an additional 3,286 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of Graham in the 4th quarter valued at approximately $11,998,000. Vest Financial LLC raised its position in shares of Graham by 47.1% in the 4th quarter. Vest Financial LLC now owns 5,737 shares of the company’s stock valued at $6,303,000 after purchasing an additional 1,837 shares in the last quarter. Baker Ellis Asset Management LLC purchased a new position in shares of Graham during the 4th quarter valued at approximately $681,000. Finally, Hussman Strategic Advisors Inc. acquired a new stake in shares of Graham during the fourth quarter worth approximately $2,307,000. 93.16% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. Oppenheimer reissued an “outperform” rating on shares of Graham in a report on Thursday, June 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Graham in a research report on Tuesday, May 26th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Graham presently has a consensus rating of “Buy”.
Graham Trading Down 0.7%
Graham stock opened at $1,175.53 on Wednesday. The company has a quick ratio of 1.54, a current ratio of 1.79 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average price of $1,135.59 and a two-hundred day moving average price of $1,116.18. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of 17.40 and a beta of 0.72. Graham Holdings Company has a 52-week low of $882.21 and a 52-week high of $1,224.76.
Graham (NYSE:GHC – Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $16.79 EPS for the quarter, beating the consensus estimate of $13.11 by $3.68. The firm had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Graham had a return on equity of 5.40% and a net margin of 5.97%.
Graham Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Thursday, July 16th will be given a $1.88 dividend. The ex-dividend date is Thursday, July 16th. This represents a $7.52 annualized dividend and a yield of 0.6%. Graham’s payout ratio is 11.13%.
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.
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