Trexquant Investment LP Sells 31,873 Shares of Graham Corporation $GHM

Trexquant Investment LP lowered its holdings in Graham Corporation (NYSE:GHM - Free Report) by 68.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,934 shares of the industrial products company's stock after selling 31,873 shares during the quarter. Trexquant Investment LP owned 0.14% of Graham worth $430,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Algert Global LLC lifted its holdings in Graham by 7.4% during the 1st quarter. Algert Global LLC now owns 8,498 shares of the industrial products company's stock worth $245,000 after buying an additional 588 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Graham by 2.6% in the 1st quarter. Bank of New York Mellon Corp now owns 27,647 shares of the industrial products company's stock valued at $797,000 after purchasing an additional 696 shares during the last quarter. New York State Teachers Retirement System lifted its holdings in shares of Graham by 839.0% in the 1st quarter. New York State Teachers Retirement System now owns 939 shares of the industrial products company's stock valued at $27,000 after purchasing an additional 839 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of Graham in the 1st quarter valued at about $29,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of Graham by 2.8% in the fourth quarter. Ameriprise Financial Inc. now owns 45,314 shares of the industrial products company's stock valued at $2,015,000 after purchasing an additional 1,248 shares during the period. 69.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Graham Price Performance

GHM traded down $0.64 during mid-day trading on Friday, hitting $48.94. The stock had a trading volume of 60,608 shares, compared to its average volume of 74,187. The stock's fifty day simple moving average is $50.87 and its 200-day simple moving average is $41.26. Graham Corporation has a 1-year low of $24.78 and a 1-year high of $58.00. The firm has a market capitalization of $537.31 million, a price-to-earnings ratio of 38.84 and a beta of 0.95.

Graham (NYSE:GHM - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.20. Graham had a net margin of 6.43% and a return on equity of 12.83%. 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. As a group, research analysts expect that Graham Corporation will post 1.07 earnings per share for the current fiscal year.

Graham 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.