Graham Holdings Company $GHC Shares Acquired by Bank of America Corp DE

Key Points

• Bank of America increased its Graham Holdings stake by 11% in the first quarter to 13,290 shares valued at approximately $14.1 million. Other institutions also added shares, with institutional investors and hedge funds owning 93.16% of the stock.
• Graham reported quarterly EPS of $19.46, exceeding the $14.83 consensus estimate, while revenue reached $1.30 billion versus expectations of $1.28 billion.
• The stock was recently trading at $1,171.60, up 1.7%, and analysts maintained a favorable outlook: MarketBeat’s consensus rating is “Strong Buy”, supported by recent upgrades and an “outperform” rating from Oppenheimer.

Bank of America Corp DE lifted its holdings in Graham Holdings Company (NYSE:GHC - Free Report) by 11.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,290 shares of the company's stock after purchasing an additional 1,315 shares during the quarter. Bank of America Corp DE owned about 0.31% of Graham worth $14,051,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in GHC. Vest Financial LLC lifted its stake in shares of Graham by 47.1% in the 4th quarter. Vest Financial LLC now owns 5,737 shares of the company's stock valued at $6,303,000 after purchasing an additional 1,837 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in Graham during the first quarter worth about $1,554,000. Hussman Strategic Advisors Inc. acquired a new stake in Graham during the fourth quarter worth about $2,307,000. Renaissance Technologies LLC raised its stake in Graham by 551.4% during the first quarter. Renaissance Technologies LLC now owns 9,400 shares of the company's stock worth $9,938,000 after purchasing an additional 7,957 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Graham by 43.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,804 shares of the company's stock valued at $16,765,000 after purchasing an additional 4,769 shares during the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Graham Stock Up 1.7%

Shares of Graham stock opened at $1,171.60 on Friday. The company has a market cap of $4.96 billion, a P/E ratio of 9.44 and a beta of 0.71. The firm has a fifty day moving average of $1,171.89 and a two-hundred day moving average of $1,125.56. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.59 and a current ratio of 1.86. Graham Holdings Company has a one year low of $929.76 and a one year high of $1,262.34.

Graham (NYSE:GHC - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $19.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.83 by $4.63. The firm had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.28 billion. Graham had a net margin of 10.69% and a return on equity of 5.73%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on GHC shares. Wall Street Zen raised shares of Graham from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Weiss Ratings upgraded Graham from a "buy (b)" rating to a "buy (a-)" rating in a report on Friday, July 31st. Finally, Oppenheimer reiterated an "outperform" rating on shares of Graham in a research report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Strong Buy".

About Graham

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.

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