Goldman Sachs Group Inc. Has $774,000 Holdings in Graham Corporation $GHM

Key Points

• Goldman Sachs Group Inc. reduced its holdings in Graham Corporation by 32.3%, owning 26,853 shares valued at approximately $774,000 as of the latest filing.
• Several institutional investors have significantly increased their stakes in Graham, including the New York State Teachers Retirement System which grew its position by 839% during the first quarter.
• Graham Corporation reported an EPS of $0.45 for the quarter, exceeding analyst expectations, while setting a price target consensus of $60.00 based on multiple analyst upgrades.

Goldman Sachs Group Inc. lowered its position in Graham Corporation (NYSE:GHM - Free Report) by 32.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,853 shares of the industrial products company's stock after selling 12,828 shares during the period. Goldman Sachs Group Inc. owned 0.25% of Graham worth $774,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in GHM. New York State Teachers Retirement System grew its position in Graham by 839.0% in the first quarter. New York State Teachers Retirement System now owns 939 shares of the industrial products company's stock worth $27,000 after acquiring an additional 839 shares in the last quarter. Central Pacific Bank Trust Division bought a new stake in Graham in the first quarter worth $29,000. GAMMA Investing LLC boosted its holdings in Graham by 12,800.0% in the first 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 in the last quarter. Meeder Asset Management Inc. increased its position in Graham by 675.5% during the first quarter. Meeder Asset Management Inc. now owns 5,436 shares of the industrial products company's stock worth $157,000 after buying an additional 4,735 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in Graham by 84.3% during the first quarter. Deutsche Bank AG now owns 6,719 shares of the industrial products company's stock valued at $194,000 after buying an additional 3,074 shares in the last quarter. 69.46% of the stock is currently owned by institutional investors and hedge funds.

Graham Stock Performance

Shares of NYSE GHM opened at $50.83 on Wednesday. Graham Corporation has a 52-week low of $24.78 and a 52-week high of $58.00. The business has a fifty day moving average of $50.97 and a two-hundred day moving average of $42.26. The stock has a market cap of $557.93 million, a PE ratio of 40.34 and a beta of 0.95.

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

Analyst Ratings Changes

Several research firms have recently issued reports on GHM. Northland Securities started coverage on Graham in a research note on Monday, June 23rd. They set an "outperform" rating and a $55.00 price target for the company. Maxim Group raised Graham to a "buy" rating and set a $65.00 target price for the company in a research report on Wednesday, July 2nd. Finally, Northland Capmk raised shares of Graham to a "strong-buy" rating in a research 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's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $60.00.

About Graham

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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