Graham Corporation $GHM Position Trimmed by Trexquant Investment LP

Trexquant Investment LP decreased its holdings in shares of Graham Corporation (NYSE:GHM - Free Report) by 68.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,934 shares of the industrial products company's stock after selling 31,873 shares during the period. Trexquant Investment LP owned about 0.14% of Graham worth $430,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Gamco Investors INC. ET AL grew its position in shares of Graham by 1.8% during the first quarter. Gamco Investors INC. ET AL now owns 281,285 shares of the industrial products company's stock worth $8,107,000 after acquiring an additional 4,850 shares during the last quarter. New York State Teachers Retirement System grew its position in shares of Graham by 839.0% during 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 during the last quarter. GAMMA Investing LLC grew its position in shares of Graham by 12,800.0% during the first quarter. GAMMA Investing LLC now owns 5,418 shares of the industrial products company's stock worth $156,000 after acquiring an additional 5,376 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Graham by 2.6% during the first quarter. Bank of New York Mellon Corp now owns 27,647 shares of the industrial products company's stock worth $797,000 after acquiring an additional 696 shares during the last quarter. Finally, Two Sigma Investments LP bought a new position in shares of Graham during the fourth quarter worth about $279,000. Institutional investors own 69.46% of the company's stock.

Graham Stock Up 0.1%

GHM stock opened at $47.82 on Tuesday. The company has a market capitalization of $524.83 million, a P/E ratio of 37.95 and a beta of 0.95. The company has a 50-day simple moving average of $51.13 and a 200 day simple moving average of $40.88. Graham Corporation has a fifty-two week low of $24.78 and a fifty-two week high of $58.00.

Graham (NYSE:GHM - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $0.45 earnings per share for the quarter, beating 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 the consensus estimate of $55.53 million. Graham has set its FY 2026 guidance at EPS. Equities analysts anticipate that Graham Corporation will post 1.07 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently commented on GHM. Maxim Group upgraded shares of Graham to a "buy" rating and set a $65.00 price target for the company in a research report on Wednesday, July 2nd. Northland Securities began coverage on shares of Graham in a research report on Monday, June 23rd. They set an "outperform" rating and a $55.00 price target for the company. Finally, Northland Capmk raised shares of Graham to a "strong-buy" rating in a report on Monday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.