Inspire Investing LLC Takes Position in Graham Corporation $GHM

Key Points

• Inspire Investing LLC acquired a new stake in Graham Corporation by purchasing 18,426 shares valued at approximately $912,000 during the second quarter.
• Institutional ownership of Graham Corporation stands at 69.46%, with several hedge funds making significant changes to their positions recently.
• Graham Corporation's latest earnings exceeded expectations, with an EPS of $0.45 for the quarter, beating the consensus estimate of $0.25.

Inspire Investing LLC purchased a new stake in shares of Graham Corporation (NYSE:GHM - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 18,426 shares of the industrial products company's stock, valued at approximately $912,000. Inspire Investing LLC owned about 0.17% of Graham at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in GHM. GAMMA Investing LLC raised its holdings 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 valued at $156,000 after buying an additional 5,376 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Graham by 106.1% during the first quarter. Exchange Traded Concepts LLC now owns 61,407 shares of the industrial products company's stock valued at $1,770,000 after buying an additional 31,619 shares during the last quarter. New York State Teachers Retirement System raised its holdings in 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 purchasing an additional 839 shares in the last quarter. Calamos Advisors LLC bought a new stake in Graham during the first quarter worth approximately $591,000. Finally, Bank of New York Mellon Corp raised its holdings in 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 purchasing an additional 696 shares in the last quarter. Institutional investors own 69.46% of the company's stock.

Graham Stock Performance

NYSE GHM opened at $55.05 on Friday. The stock has a market capitalization of $604.23 million, a P/E ratio of 43.69 and a beta of 0.96. Graham Corporation has a 1 year low of $24.78 and a 1 year high of $58.78. The business's fifty day moving average is $51.24 and its two-hundred day moving average is $44.39.

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

Analyst Upgrades and Downgrades

Several brokerages recently commented on GHM. Weiss Ratings cut Graham from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday. Northland Capmk raised Graham to a "strong-buy" rating in a report on Monday, June 23rd. Northland Securities began coverage on Graham in a report on Monday, June 23rd. They set an "outperform" rating and a $55.00 target price on the stock. Maxim Group raised Graham to a "buy" rating and set a $65.00 target price on the stock in a report on Wednesday, July 2nd. Finally, Zacks Research cut Graham from a "strong-buy" rating to a "hold" rating in a report on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $60.00.

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.

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