Teton Advisors Inc. Has $640,000 Stock Holdings in Graham Co. (NYSE:GHM)

Teton Advisors Inc. raised its stake in shares of Graham Co. (NYSE:GHMGet Rating) by 107.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 83,000 shares of the industrial products company’s stock after purchasing an additional 43,000 shares during the quarter. Teton Advisors Inc. owned 0.78% of Graham worth $640,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. State Street Corp boosted its holdings in Graham by 4.8% during the first quarter. State Street Corp now owns 36,093 shares of the industrial products company’s stock valued at $278,000 after purchasing an additional 1,666 shares in the last quarter. American Capital Management Inc. boosted its holdings in Graham by 9.1% during the fourth quarter. American Capital Management Inc. now owns 30,350 shares of the industrial products company’s stock valued at $378,000 after purchasing an additional 2,520 shares in the last quarter. King Luther Capital Management Corp boosted its holdings in Graham by 3.6% during the fourth quarter. King Luther Capital Management Corp now owns 142,700 shares of the industrial products company’s stock valued at $1,775,000 after purchasing an additional 5,000 shares in the last quarter. Cooper Haims Advisors LLC boosted its holdings in Graham by 21.4% during the first quarter. Cooper Haims Advisors LLC now owns 28,387 shares of the industrial products company’s stock valued at $219,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of Graham by 15.6% in the first quarter. Sei Investments Co. now owns 95,737 shares of the industrial products company’s stock valued at $738,000 after acquiring an additional 12,940 shares during the last quarter. 65.40% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Graham in a research note on Friday, September 2nd. They issued a “hold” rating for the company. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $15.00.

Insider Buying and Selling

In related news, CEO Daniel J. Thoren acquired 7,500 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The stock was purchased at an average price of $7.83 per share, for a total transaction of $58,725.00. Following the transaction, the chief executive officer now directly owns 318,191 shares of the company’s stock, valued at approximately $2,491,435.53. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Daniel J. Thoren acquired 7,500 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The stock was purchased at an average price of $7.83 per share, for a total transaction of $58,725.00. Following the transaction, the chief executive officer now directly owns 318,191 shares of the company’s stock, valued at approximately $2,491,435.53. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Daniel J. Thoren acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 2nd. The stock was bought at an average price of $7.20 per share, with a total value of $36,000.00. Following the transaction, the chief executive officer now directly owns 308,682 shares in the company, valued at $2,222,510.40. The disclosure for this purchase can be found here. 6.60% of the stock is currently owned by corporate insiders.

Graham Stock Performance

NYSE:GHM opened at $9.51 on Wednesday. Graham Co. has a 1 year low of $6.51 and a 1 year high of $13.97. The firm has a 50 day moving average of $8.21 and a 200-day moving average of $7.83. The company has a current ratio of 1.47, a quick ratio of 1.17 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $101.02 million, a P/E ratio of -20.23 and a beta of 0.61.

Graham (NYSE:GHMGet Rating) last posted its quarterly earnings data on Friday, July 29th. The industrial products company reported $0.12 earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.22. Graham had a negative net margin of 3.58% and a negative return on equity of 3.15%. During the same period in the previous year, the firm posted ($0.28) earnings per share. As a group, sell-side analysts anticipate that Graham Co. will post 0.08 EPS for the current fiscal year.

Graham Profile

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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 comprising ejectors and surface condensers; torpedo ejection and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems, including pumps, blowers, and electronics.

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Institutional Ownership by Quarter for Graham (NYSE:GHM)

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