Panagora Asset Management Inc. Boosts Position in Graham Corporation $GHM

Key Points

• Panagora Asset Management Inc. has increased its holdings in Graham Corporation by 30.2%, acquiring 12,739 shares during the first quarter, bringing its total ownership to 54,971 shares valued at approximately $1.58 million.
• Graham Corporation reported earnings of $0.45 per share for the recent quarter, beating expectations and setting its FY 2026 guidance at EPS.
• Several analysts have recently upgraded Graham's stock ratings, with a consensus price target of $60.00, indicating a positive outlook on the company's performance.

Panagora Asset Management Inc. lifted its stake in shares of Graham Corporation (NYSE:GHM - Free Report) by 30.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,971 shares of the industrial products company's stock after buying an additional 12,739 shares during the period. Panagora Asset Management Inc. owned about 0.50% of Graham worth $1,584,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. New York State Teachers Retirement System increased its holdings in Graham by 839.0% during the 1st 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 period. Central Pacific Bank Trust Division purchased a new position in shares of Graham in the first quarter valued at $29,000. GAMMA Investing LLC lifted 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 purchasing an additional 5,376 shares during the last quarter. Meeder Asset Management Inc. raised its holdings in shares of Graham by 675.5% in 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 increased its holdings in Graham by 84.3% in the 1st quarter. Deutsche Bank AG now owns 6,719 shares of the industrial products company's stock worth $194,000 after acquiring an additional 3,074 shares in the last quarter. Institutional investors own 69.46% of the company's stock.

Graham Price Performance

NYSE GHM traded up $0.24 on Monday, reaching $48.01. The company had a trading volume of 43,609 shares, compared to its average volume of 102,733. Graham Corporation has a fifty-two week low of $24.78 and a fifty-two week high of $58.00. The business has a 50 day moving average of $51.17 and a two-hundred day moving average of $40.78. The firm has a market cap of $527.12 million, a price-to-earnings ratio of 38.23 and a beta of 0.95.

Graham (NYSE:GHM - Get Free Report) last announced its 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 business had revenue of $55.49 million for the quarter, compared to the consensus estimate of $55.53 million. Graham has set its FY 2026 guidance at EPS. As a group, research analysts predict that Graham Corporation will post 1.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on GHM shares. Northland Capmk raised Graham to a "strong-buy" rating in a report on Monday, June 23rd. Maxim Group raised shares of Graham to a "buy" rating and set a $65.00 price target on the stock in a research note on Wednesday, July 2nd. Finally, 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. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock 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.