Los Angeles Capital Management LLC Boosts Position in Graham Corporation $GHM

Los Angeles Capital Management LLC grew its stake in shares of Graham Corporation (NYSE:GHM) by 30.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 21,410 shares of the industrial products company’s stock after acquiring an additional 4,965 shares during the period. Los Angeles Capital Management LLC’s holdings in Graham were worth $1,060,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. First Horizon Advisors Inc. boosted its position in shares of Graham by 130.5% in the second quarter. First Horizon Advisors Inc. now owns 1,178 shares of the industrial products company’s stock valued at $58,000 after acquiring an additional 667 shares during the period. Meeder Asset Management Inc. lifted its stake in Graham by 675.5% in the 1st quarter. Meeder Asset Management Inc. now owns 5,436 shares of the industrial products company’s stock worth $157,000 after purchasing an additional 4,735 shares in the last quarter. Deutsche Bank AG lifted its stake in Graham by 84.3% in the 1st quarter. Deutsche Bank AG now owns 6,719 shares of the industrial products company’s stock worth $194,000 after purchasing an additional 3,074 shares in the last quarter. Cornerstone Investment Partners LLC bought a new position in Graham in the 2nd quarter valued at $215,000. Finally, Algert Global LLC grew its position in shares of Graham by 7.4% during the 1st quarter. Algert Global LLC now owns 8,498 shares of the industrial products company’s stock valued at $245,000 after purchasing an additional 588 shares in the last quarter. 69.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Zacks Research downgraded Graham from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings lowered Graham from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, November 7th. Noble Financial cut Graham from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 21st. Finally, Wall Street Zen lowered Graham from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $60.00.

Graham Trading Up 2.8%

GHM opened at $61.14 on Thursday. The stock has a market capitalization of $671.05 million, a P/E ratio of 48.52 and a beta of 0.97. The stock has a 50-day moving average price of $56.61 and a 200-day moving average price of $49.63. Graham Corporation has a 12-month low of $24.78 and a 12-month high of $64.66.

Graham (NYSE:GHM) last released its earnings results on Friday, November 7th. The industrial products company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). The firm had revenue of $66.03 million during the quarter, compared to the consensus estimate of $57.55 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. On average, equities research analysts predict that Graham Corporation will post 1.07 EPS for the current year.

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.