Acadian Asset Management LLC Decreases Position in Graham Corporation $GHM

Key Points

• Acadian Asset Management LLC has decreased its holdings in Graham Corporation (NYSE:GHM) by 42.0%, now owning 124,178 shares valued at approximately $3.58 million.
• Several institutional investors have increased their stakes in Graham, notably the New York State Teachers Retirement System, which grew its holdings by 839.0% to 939 shares.
• Graham Corporation recently reported quarterly earnings of $0.45 EPS, exceeding analysts' expectations by $0.20, despite revenue slightly below forecasts at $55.49 million.

Acadian Asset Management LLC reduced its holdings in shares of Graham Corporation (NYSE:GHM - Free Report) by 42.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 124,178 shares of the industrial products company's stock after selling 89,817 shares during the period. Acadian Asset Management LLC owned about 1.14% of Graham worth $3,577,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Gamco Investors INC. ET AL increased its holdings in Graham by 1.8% during the 1st quarter. Gamco Investors INC. ET AL now owns 281,285 shares of the industrial products company's stock worth $8,107,000 after purchasing an additional 4,850 shares during the period. New York State Teachers Retirement System increased its holdings in Graham by 839.0% during the 1st quarter. New York State Teachers Retirement System now owns 939 shares of the industrial products company's stock worth $27,000 after purchasing an additional 839 shares during the period. GAMMA Investing LLC increased its holdings in Graham by 12,800.0% during the 1st quarter. GAMMA Investing LLC now owns 5,418 shares of the industrial products company's stock worth $156,000 after purchasing an additional 5,376 shares during the period. Bank of New York Mellon Corp increased its holdings in Graham by 2.6% during the 1st quarter. Bank of New York Mellon Corp now owns 27,647 shares of the industrial products company's stock worth $797,000 after purchasing an additional 696 shares during the period. Finally, Two Sigma Investments LP purchased a new position in shares of Graham in the 4th quarter valued at $279,000. 69.46% of the stock is owned by institutional investors.

Graham Stock Performance

Shares of GHM opened at $48.94 on Monday. The stock has a 50-day moving average of $50.87 and a two-hundred day moving average of $41.32. Graham Corporation has a one year low of $24.78 and a one year high of $58.00. The stock has a market cap of $537.11 million, a P/E ratio of 38.84 and a beta of 0.95.

Graham (NYSE:GHM - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.20. Graham had a return on equity of 12.83% and a net margin of 6.43%.The company had revenue of $55.49 million during the quarter, compared to analysts' expectations of $55.53 million. Graham has set its FY 2026 guidance at EPS. Analysts predict that Graham Corporation will post 1.07 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GHM. Maxim Group upgraded Graham to a "buy" rating and set a $65.00 price target on the stock in a report on Wednesday, July 2nd. Northland Securities began coverage on Graham in a report on Monday, June 23rd. They issued an "outperform" rating and a $55.00 price target on the stock. Finally, Northland Capmk upgraded Graham to a "strong-buy" rating in a report on Monday, June 23rd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $60.00.

Graham Company Profile

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.

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