Nicholas Investment Partners LP Takes Position in Graham Corporation $GHM

Nicholas Investment Partners LP acquired a new stake in Graham Corporation (NYSE:GHM) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 29,388 shares of the industrial products company’s stock, valued at approximately $1,888,000. Nicholas Investment Partners LP owned approximately 0.27% of Graham as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Comerica Bank increased its stake in shares of Graham by 396.2% in the 3rd quarter. Comerica Bank now owns 1,052 shares of the industrial products company’s stock valued at $58,000 after acquiring an additional 840 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Graham by 62.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,063 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 410 shares in the last quarter. Covestor Ltd increased its stake in shares of Graham by 4,697.4% in the 4th quarter. Covestor Ltd now owns 1,871 shares of the industrial products company’s stock valued at $120,000 after acquiring an additional 1,832 shares in the last quarter. State of Alaska Department of Revenue increased its stake in shares of Graham by 385.1% in the 4th quarter. State of Alaska Department of Revenue now owns 2,925 shares of the industrial products company’s stock valued at $187,000 after acquiring an additional 2,322 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Graham in the 4th quarter valued at $201,000. Institutional investors own 69.46% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Graham from a “hold” rating to a “sell” rating in a research note on Saturday. Northland Securities set a $111.00 price target on shares of Graham in a research report on Tuesday. Weiss Ratings raised shares of Graham from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Zacks Research downgraded shares of Graham from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Finally, Oppenheimer lifted their price target on shares of Graham from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Graham presently has an average rating of “Moderate Buy” and a consensus target price of $95.33.

Key Stories Impacting Graham

Here are the key news stories impacting Graham this week:

• Positive Sentiment: Graham’s recent quarterly results beat expectations, with earnings of $0.33 per share versus the $0.30 consensus and revenue of $67.08 million versus $59.95 million expected, showing the business is still growing year over year.
• Neutral Sentiment: Northland Securities and Noble Financial updated their 2027 earnings models, with Noble starting Q3 2027 EPS at $0.38 and Northland lowering several forecasts, but these changes are primarily forward-looking and do not change the company’s current operations.
• Negative Sentiment: Zacks Research downgraded Graham from strong-buy to hold, which can weigh on investor sentiment by signaling less upside than before. Zacks.com
• Negative Sentiment: Northland Securities cut its FY2027 EPS estimate to $1.75 from $2.38 and also reduced its Q3 2027 outlook, suggesting analysts see slower earnings growth ahead.

Graham Price Performance

Shares of NYSE:GHM opened at $103.70 on Friday. The company has a market capitalization of $1.21 billion, a P/E ratio of 91.77 and a beta of 1.04. The company’s 50-day moving average is $95.75 and its 200 day moving average is $81.24. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.75 and a current ratio of 1.00. Graham Corporation has a fifty-two week low of $45.00 and a fifty-two week high of $110.01.

Graham (NYSE:GHM) last posted its quarterly earnings results on Monday, June 8th. The industrial products company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.03. The company had revenue of $67.08 million during the quarter, compared to analyst estimates of $59.95 million. Graham had a net margin of 5.10% and a return on equity of 11.94%. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.40 earnings per share. On average, equities research analysts forecast that Graham Corporation will post 1.85 earnings per share for the current year.

About Graham

Graham Corporation (NYSE: GHM) is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.

The company’s technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.