Russell Investments Group Ltd. Purchases 47,127 Shares of Graham Corporation $GHM

Key Points

• Russell Investments Group Ltd. significantly increased its stake in Graham Corporation by 3,250.1% during the first quarter, now holding approximately 0.45% of the company valued at $1.4 million.
• Several other institutional investors have also raised their positions in Graham, with notable increases from Vanguard Group and Prescott Group Capital Management.
• Analysts have recently set price targets for Graham, with Maxim Group rating it a "buy" at a target of $65.00, indicative of positive sentiment towards the stock.

Russell Investments Group Ltd. raised its position in shares of Graham Corporation (NYSE:GHM - Free Report) by 3,250.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,577 shares of the industrial products company's stock after buying an additional 47,127 shares during the quarter. Russell Investments Group Ltd. owned about 0.45% of Graham worth $1,400,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of GHM. Prescott Group Capital Management L.L.C. raised its position in shares of Graham by 598.1% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 80,536 shares of the industrial products company's stock worth $2,321,000 after purchasing an additional 69,000 shares during the last quarter. Annex Advisory Services LLC purchased a new position in shares of Graham in the 1st quarter worth about $1,064,000. Exchange Traded Concepts LLC raised its position in shares of Graham by 106.1% in the 1st quarter. Exchange Traded Concepts LLC now owns 61,407 shares of the industrial products company's stock worth $1,770,000 after purchasing an additional 31,619 shares during the last quarter. Diamond Hill Capital Management Inc. raised its position in shares of Graham by 12.7% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 202,714 shares of the industrial products company's stock worth $5,842,000 after purchasing an additional 22,774 shares during the last quarter. Finally, Squarepoint Ops LLC raised its position in shares of Graham by 238.0% in the 4th quarter. Squarepoint Ops LLC now owns 30,393 shares of the industrial products company's stock worth $1,352,000 after purchasing an additional 21,401 shares during the last quarter. Hedge funds and other institutional investors own 69.46% of the company's stock.

Wall Street Analysts Forecast Growth

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

Graham Price Performance

NYSE GHM traded down $0.99 during trading hours on Tuesday, hitting $48.06. The company's stock had a trading volume of 68,780 shares, compared to its average volume of 109,154. Graham Corporation has a 12 month low of $24.78 and a 12 month high of $58.00. The company's 50 day simple moving average is $51.25 and its two-hundred day simple moving average is $40.50. The company has a market cap of $527.70 million, a P/E ratio of 38.14 and a beta of 0.95.

Graham (NYSE:GHM - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.25 by $0.20. Graham had a return on equity of 12.83% and a net margin of 6.43%.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. As a group, research analysts predict that Graham Corporation will post 1.07 earnings per share for the current fiscal year.

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.