Strs Ohio Lowers Stake in Graham Holdings Company $GHC

Strs Ohio cut its position in shares of Graham Holdings Company (NYSE:GHC) by 90.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100 shares of the company’s stock after selling 1,000 shares during the quarter. Strs Ohio’s holdings in Graham were worth $106,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. CIBC Private Wealth Group LLC increased its position in Graham by 475.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 23 shares of the company’s stock worth $25,000 after purchasing an additional 19 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Graham during the fourth quarter worth approximately $45,000. IFP Advisors Inc increased its position in shares of Graham by 100.0% in the fourth quarter. IFP Advisors Inc now owns 46 shares of the company’s stock worth $51,000 after acquiring an additional 23 shares in the last quarter. Allworth Financial LP increased its position in shares of Graham by 29.3% in the third quarter. Allworth Financial LP now owns 53 shares of the company’s stock worth $62,000 after acquiring an additional 12 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its stake in shares of Graham by 600.0% in the 4th quarter. Hantz Financial Services Inc. now owns 56 shares of the company’s stock valued at $62,000 after acquiring an additional 48 shares during the period. 93.16% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GHC. Oppenheimer reaffirmed an “outperform” rating on shares of Graham in a research report on Thursday, June 25th. Weiss Ratings restated a “buy (b)” rating on shares of Graham in a research note on Tuesday, May 26th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Graham Stock Performance

Shares of GHC stock opened at $1,160.16 on Monday. The company’s fifty day moving average price is $1,133.46 and its two-hundred day moving average price is $1,115.19. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.79 and a quick ratio of 1.54. The firm has a market capitalization of $5.00 billion, a P/E ratio of 17.17 and a beta of 0.72. Graham Holdings Company has a 12 month low of $882.21 and a 12 month high of $1,224.76.

Graham (NYSE:GHC) last announced its earnings results on Thursday, April 30th. The company reported $16.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $13.11 by $3.68. Graham had a return on equity of 5.40% and a net margin of 5.97%.The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.26 billion.

Graham Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Thursday, July 16th will be given a $1.88 dividend. This represents a $7.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, July 16th. Graham’s dividend payout ratio is presently 11.13%.

Graham Company Profile

Graham Corporation is a U.S.-based industrial equipment manufacturer specializing in the design and production of vacuum and heat transfer systems. The company’s core offerings include vacuum pumps, exhausters, and energy recovery turbines, as well as steam surface condensers and specialized heat exchangers. These products are engineered to support critical processes in industries that require controlled environments and efficient thermal management.

In addition to its standard product lines, Graham Corporation provides aftermarket services such as equipment installation, field maintenance, performance testing, and spare parts supply.