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

Graham logo with Industrials background

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.
  • MarketBeat previews top five stocks to own in October.

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

A number of other institutional investors have also recently added to or reduced their stakes in GHM. American Century Companies Inc. grew its position in Graham by 61.4% during the first quarter. American Century Companies Inc. now owns 222,187 shares of the industrial products company's stock valued at $6,403,000 after acquiring an additional 84,529 shares during the period. Prescott Group Capital Management L.L.C. boosted its position in shares of Graham by 598.1% in the first 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 buying an additional 69,000 shares during the period. Philadelphia Trust Co. purchased a new stake in shares of Graham in the first quarter worth about $1,723,000. Russell Investments Group Ltd. lifted its stake in shares of Graham by 3,250.1% in the first quarter. Russell Investments Group Ltd. now owns 48,577 shares of the industrial products company's stock worth $1,400,000 after acquiring an additional 47,127 shares in the last quarter. Finally, Annex Advisory Services LLC acquired a new position in shares of Graham in the first quarter worth about $1,064,000. Hedge funds and other institutional investors own 69.46% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Maxim Group upgraded Graham to a "buy" rating and set a $65.00 price target on the stock in a research report on Wednesday, July 2nd. Northland Securities began coverage on Graham in a research report on Monday, June 23rd. They set an "outperform" rating and a $55.00 price objective for the company. Finally, Northland Capmk upgraded Graham to a "strong-buy" rating in a report on Monday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company's stock. According to data from MarketBeat, Graham has an average rating of "Buy" and a consensus price target of $60.00.

View Our Latest Research Report on GHM

Graham Stock Performance

Shares of NYSE:GHM traded down $0.03 during midday trading on Friday, hitting $49.15. The company's stock had a trading volume of 89,817 shares, compared to its average volume of 119,918. The stock has a market capitalization of $539.42 million, a price-to-earnings ratio of 39.00 and a beta of 0.92. The stock's 50 day simple moving average is $51.25 and its 200 day simple moving average is $40.33. Graham Corporation has a fifty-two week low of $24.78 and a fifty-two week high of $58.00.

Graham (NYSE:GHM - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.20. The company had revenue of $55.49 million for the quarter, compared to the consensus estimate 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 anticipate that Graham Corporation will post 1.07 EPS for the current year.

Graham Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Graham (NYSE:GHM)

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