WealthTrust Axiom LLC Has $841,000 Position in Graham Corporation $GHM

Key Points

• WealthTrust Axiom LLC reduced its stake in Graham Corporation by 21.9%, selling 8,200 shares to hold 29,180 shares worth approximately $841,000.
• Other institutional investors like Wellington Management Group and American Century Companies significantly increased their positions in Graham, indicating a strong interest in the company.
• Recent analyst reports have upgraded Graham's stock ratings, with Maxim Group and Northland Capital giving it a "buy" and "strong-buy" rating, respectively, reflecting positive market sentiment.

WealthTrust Axiom LLC lowered its stake in shares of Graham Corporation (NYSE:GHM - Free Report) by 21.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,180 shares of the industrial products company's stock after selling 8,200 shares during the quarter. WealthTrust Axiom LLC owned about 0.27% of Graham worth $841,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. New York State Teachers Retirement System grew its position 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 buying an additional 839 shares in the last quarter. Central Pacific Bank Trust Division acquired a new stake in Graham during the first quarter worth approximately $29,000. Russell Investments Group Ltd. grew its position in Graham by 18,025.0% during the fourth quarter. Russell Investments Group Ltd. now owns 1,450 shares of the industrial products company's stock worth $64,000 after buying an additional 1,442 shares in the last quarter. Legal & General Group Plc grew its position in Graham by 26.0% during the fourth quarter. Legal & General Group Plc now owns 2,599 shares of the industrial products company's stock worth $116,000 after buying an additional 536 shares in the last quarter. Finally, State of Tennessee Department of Treasury acquired a new stake in Graham during the fourth quarter worth approximately $172,000. Institutional investors and hedge funds own 69.46% of the company's stock.

Graham Trading Down 1.7%

NYSE GHM traded down $0.84 on Thursday, hitting $49.31. 71,631 shares of the company's stock were exchanged, compared to its average volume of 120,598. The stock has a 50-day moving average of $51.17 and a 200-day moving average of $40.26. Graham Corporation has a 52 week low of $24.78 and a 52 week high of $58.00. The stock has a market cap of $541.42 million, a price-to-earnings ratio of 39.14 and a beta of 0.92.

Graham (NYSE:GHM - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.20. The company had revenue of $55.49 million during 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. As a group, analysts predict that Graham Corporation will post 1.07 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on GHM shares. Northland Securities started coverage on Graham in a research report on Monday, June 23rd. They set an "outperform" rating and a $55.00 price target on the stock. Northland Capmk raised Graham to a "strong-buy" rating in a research report on Monday, June 23rd. Finally, Maxim Group raised Graham to a "buy" rating and set a $65.00 price target on the stock 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 company's stock. According to data from MarketBeat, the company 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.