Graham (NYSE:GHC) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Graham (NYSE:GHC) from a hold rating to a buy rating in a research note issued to investors on Saturday.

Other analysts have also recently issued research reports about the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Graham in a research report on Tuesday, May 26th. Oppenheimer reaffirmed an “outperform” rating on shares of Graham in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, Graham presently has an average rating of “Strong Buy”.

Graham Trading Down 1.9%

GHC opened at $1,202.06 on Friday. Graham has a 52 week low of $917.48 and a 52 week high of $1,262.34. 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 business has a fifty day simple moving average of $1,154.23 and a 200-day simple moving average of $1,122.72. The firm has a market cap of $5.18 billion, a P/E ratio of 9.69 and a beta of 0.72.

Graham (NYSE:GHC) last posted its quarterly earnings data on Thursday, July 30th. The company reported $19.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.83 by $4.63. Graham had a return on equity of 5.76% and a net margin of 10.69%.The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.28 billion.

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Thursday, July 16th will be issued a dividend of $1.88 per share. The ex-dividend date is Thursday, July 16th. This represents a $7.52 annualized dividend and a yield of 0.6%. Graham’s dividend payout ratio is 6.06%.

Hedge Funds Weigh In On Graham

A number of institutional investors and hedge funds have recently made changes to their positions in GHC. Allspring Global Investments Holdings LLC purchased a new position in Graham in the fourth quarter worth approximately $11,998,000. Vest Financial LLC boosted its stake in Graham by 47.1% during the 4th quarter. Vest Financial LLC now owns 5,737 shares of the company’s stock worth $6,303,000 after purchasing an additional 1,837 shares during the period. Baker Ellis Asset Management LLC purchased a new position in Graham during the 4th quarter worth $681,000. Hussman Strategic Advisors Inc. acquired a new position in Graham in the fourth quarter valued at $2,307,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Graham in the first quarter valued at about $1,554,000. 93.16% of the stock is owned by institutional investors and hedge funds.

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.