Philadelphia Trust Co. Takes Position in Graham Corporation $GHM

Key Points

• Philadelphia Trust Co. acquired approximately $1.72 million in Graham Corporation (NYSE:GHM) by purchasing 59,778 shares, representing about 0.55% ownership.
• Graham Corporation's stock has received positive analyst ratings, with price targets of $55.00 and $65.00 after being rated as "outperform" and "buy" by different firms.
• Shares of Graham Corporation opened at $49.73 and reported quarterly earnings of $0.45 earnings per share, beating analysts' expectations.

Philadelphia Trust Co. acquired a new stake in Graham Corporation (NYSE:GHM - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 59,778 shares of the industrial products company's stock, valued at approximately $1,723,000. Philadelphia Trust Co. owned about 0.55% of Graham at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Legal & General Group Plc lifted its stake in shares of Graham by 26.0% in the 4th quarter. Legal & General Group Plc now owns 2,599 shares of the industrial products company's stock valued at $116,000 after purchasing an additional 536 shares during the last quarter. Bank of New York Mellon Corp lifted its stake 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 stake 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 bought a new stake in shares of Graham in the 1st quarter valued at approximately $29,000. Finally, Barclays PLC lifted its stake in shares of Graham by 8.0% in the 4th quarter. Barclays PLC now owns 16,739 shares of the industrial products company's stock valued at $744,000 after purchasing an additional 1,241 shares during the last quarter. 69.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Graham Price Performance

Graham stock traded down $1.48 during midday trading on Tuesday, reaching $48.52. The company had a trading volume of 76,569 shares, compared to its average volume of 124,532. The firm's fifty day simple moving average is $50.71 and its 200-day simple moving average is $39.94. The company has a market capitalization of $532.75 million, a P/E ratio of 38.51 and a beta of 0.92. Graham Corporation has a 12-month low of $24.78 and a 12-month high of $58.00.

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 analysts' consensus estimates of $0.25 by $0.20. The business had revenue of $55.49 million during the quarter, compared to analyst estimates 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, analysts expect that Graham Corporation will post 1.07 EPS 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.