Graham Corporation (NYSE:GHM) Short Interest Update

Key Points

• Graham Corporation experienced a significant increase in short interest, rising 35.5% to 285,300 shares by August 15th, reflecting market skepticism.
• Institutional investors have increased their holdings in Graham, with notable increases such as Invesco's 1,396% rise in shares in the last quarter.
• Graham's stock performance is strong, with a buy rating from analysts and a consensus price target of $60.00, indicating potential for growth.

Graham Corporation (NYSE:GHM - Get Free Report) was the target of a large growth in short interest in August. As of August 15th, there was short interest totaling 285,300 shares, a growth of 35.5% from the July 31st total of 210,500 shares. Based on an average daily volume of 114,800 shares, the short-interest ratio is currently 2.5 days. Based on an average daily volume of 114,800 shares, the short-interest ratio is currently 2.5 days.

Institutional Trading of Graham

Several institutional investors and hedge funds have recently modified their holdings of GHM. Invesco Ltd. raised its holdings in shares of Graham by 1,396.0% in the 2nd quarter. Invesco Ltd. now owns 115,893 shares of the industrial products company's stock valued at $5,738,000 after acquiring an additional 108,146 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Graham by 61.4% during the 1st quarter. American Century Companies Inc. now owns 222,187 shares of the industrial products company's stock valued at $6,403,000 after buying an additional 84,529 shares in the last quarter. Prescott Group Capital Management L.L.C. raised its holdings in shares of Graham by 598.1% during the 1st quarter. Prescott Group Capital Management L.L.C. now owns 80,536 shares of the industrial products company's stock valued at $2,321,000 after buying an additional 69,000 shares in the last quarter. Kennedy Capital Management LLC raised its holdings in shares of Graham by 56.8% during the 2nd quarter. Kennedy Capital Management LLC now owns 185,374 shares of the industrial products company's stock valued at $9,178,000 after buying an additional 67,139 shares in the last quarter. Finally, Philadelphia Trust Co. purchased a new position in shares of Graham during the 1st quarter valued at about $1,723,000. Hedge funds and other institutional investors own 69.46% of the company's stock.

Graham Price Performance

Shares of NYSE:GHM traded down $0.21 on Tuesday, hitting $47.58. The company's stock had a trading volume of 53,398 shares, compared to its average volume of 81,806. The company has a 50-day simple moving average of $51.11 and a 200 day simple moving average of $40.92. Graham has a 1 year low of $24.78 and a 1 year high of $58.00. The company has a market capitalization of $522.43 million, a PE ratio of 37.76 and a beta of 0.95.

Graham (NYSE:GHM - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $0.45 earnings per share for the quarter, beating 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 firm had revenue of $55.49 million for the quarter, compared to analysts' expectations of $55.53 million. Graham has set its FY 2026 guidance at EPS. On average, equities research analysts expect that Graham will post 1.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

GHM has been the topic of a number of recent research reports. Northland Capmk raised Graham to a "strong-buy" rating in a report on Monday, June 23rd. Maxim Group raised Graham to a "buy" rating and set a $65.00 price objective on the stock in a report on Wednesday, July 2nd. Finally, Northland Securities initiated coverage on Graham in a report on Monday, June 23rd. They set an "outperform" rating and a $55.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $60.00.

Graham Company 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.

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