Graham (NYSE:GHM) Stock Rating Lowered by Wall Street Zen

Graham (NYSE:GHM) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Several other analysts also recently weighed in on the company. Zacks Research downgraded Graham from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings raised Graham from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, October 25th. Finally, Noble Financial downgraded Graham from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $60.00.

Graham Stock Up 0.4%

Shares of GHM traded up $0.23 during mid-day trading on Friday, reaching $62.37. 120,547 shares of the stock traded hands, compared to its average volume of 105,726. The stock has a fifty day simple moving average of $55.85 and a 200 day simple moving average of $48.87. Graham has a 12-month low of $24.78 and a 12-month high of $64.66. The firm has a market cap of $684.53 million, a price-to-earnings ratio of 49.50 and a beta of 0.97.

Graham (NYSE:GHM) last announced its earnings results on Friday, November 7th. The industrial products company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.02). Graham had a net margin of 6.43% and a return on equity of 12.83%. The firm had revenue of $66.03 million during the quarter, compared to analysts’ expectations of $57.55 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.

Institutional Trading of Graham

A number of hedge funds have recently modified their holdings of GHM. Gamco Investors INC. ET AL raised its stake in shares of Graham by 1.8% in the first quarter. Gamco Investors INC. ET AL now owns 281,285 shares of the industrial products company’s stock valued at $8,107,000 after purchasing an additional 4,850 shares in the last quarter. New York State Teachers Retirement System boosted its stake 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. Inspire Investing LLC bought a new stake in Graham in the 2nd quarter valued at $912,000. Bank of New York Mellon Corp increased its holdings in Graham by 2.6% in the 1st quarter. Bank of New York Mellon Corp now owns 27,647 shares of the industrial products company’s stock valued at $797,000 after buying an additional 696 shares during the period. Finally, Wellington Management Group LLP raised its stake in shares of Graham by 47.5% in the 1st quarter. Wellington Management Group LLP now owns 54,960 shares of the industrial products company’s stock valued at $1,584,000 after buying an additional 17,693 shares in the last quarter. Institutional investors own 69.46% of the company’s stock.

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.