Tudor Investment Corp ET AL Makes New Investment in Graham Corporation $GHM

Key Points

• Tudor Investment opened a new position in Graham, buying 20,793 shares valued at approximately $1,142,000 (about 0.19% of the company); other notable moves include Royce & Associates boosting holdings and William Blair initiating a roughly $15.0M stake, leaving institutions and hedge funds with about 69.46% ownership.
• Graham beat estimates for the quarter, reporting $0.31 EPS versus $0.17 expected and revenue of $56.7M versus $52.36M, with a net margin of 6.28% and ROE of 13.26%; sell-side analysts project about 1.07 EPS for the current fiscal year.
• The stock is trading higher (up ~2.4%), with a market cap of $1.03B and a P/E of 69.12; analyst coverage is mixed but tilted positive — consensus is a "Moderate Buy" with an average target of $81.67 and Oppenheimer assigning a $100 price objective.

Tudor Investment Corp ET AL bought a new position in Graham Corporation (NYSE:GHM - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 20,793 shares of the industrial products company's stock, valued at approximately $1,142,000. Tudor Investment Corp ET AL owned 0.19% of Graham at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royce & Associates LP boosted its holdings in shares of Graham by 24.0% in the third quarter. Royce & Associates LP now owns 459,698 shares of the industrial products company's stock worth $25,237,000 after buying an additional 89,014 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of Graham by 39.5% during the third quarter. Exchange Traded Concepts LLC now owns 115,846 shares of the industrial products company's stock worth $6,360,000 after purchasing an additional 32,790 shares during the period. Teton Advisors LLC acquired a new stake in shares of Graham during the third quarter worth approximately $1,900,000. Roubaix Capital LLC boosted its holdings in shares of Graham by 56.9% during the third quarter. Roubaix Capital LLC now owns 69,364 shares of the industrial products company's stock worth $3,808,000 after purchasing an additional 25,168 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in shares of Graham during the third quarter worth approximately $15,043,000. 69.46% of the stock is currently owned by institutional investors and hedge funds.

Graham Trading Up 2.4%

GHM opened at $93.31 on Tuesday. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 69.12 and a beta of 0.95. Graham Corporation has a 1 year low of $28.49 and a 1 year high of $94.92. The stock has a fifty day moving average price of $82.84 and a 200 day moving average price of $69.99.

Graham (NYSE:GHM - Get Free Report) last posted its earnings results on Friday, February 6th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.14. The firm had revenue of $56.70 million during the quarter, compared to analysts' expectations of $52.36 million. Graham had a net margin of 6.28% and a return on equity of 13.26%. As a group, sell-side analysts forecast that Graham Corporation will post 1.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Weiss Ratings cut shares of Graham from a "buy (b-)" rating to a "hold (c)" rating in a report on Friday, February 20th. Northland Securities upgraded shares of Graham from a "market perform" rating to an "outperform" rating in a report on Tuesday, February 10th. Finally, Oppenheimer initiated coverage on Graham in a report on Wednesday, March 18th. They set an "outperform" rating and a $100.00 price objective for the company. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Graham presently has a consensus rating of "Moderate Buy" and an average target price of $81.67.

Graham Profile

Graham Corporation NYSE: GHM is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.

The company's technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.

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