JPMorgan Chase & Co. Buys 3,286 Shares of Graham Holdings Company $GHC

JPMorgan Chase & Co. grew its position in shares of Graham Holdings Company (NYSE:GHCFree Report) by 15.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,617 shares of the company’s stock after acquiring an additional 3,286 shares during the quarter. JPMorgan Chase & Co. owned 0.56% of Graham worth $28,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in GHC. Frazier Financial Advisors LLC purchased a new position in shares of Graham in the 3rd quarter worth approximately $36,000. Optiver Holding B.V. purchased a new stake in shares of Graham during the third quarter valued at approximately $36,000. Quent Capital LLC purchased a new stake in shares of Graham during the third quarter valued at approximately $49,000. Smartleaf Asset Management LLC lifted its holdings in Graham by 142.9% during the third quarter. Smartleaf Asset Management LLC now owns 51 shares of the company’s stock worth $60,000 after acquiring an additional 30 shares during the period. Finally, Allworth Financial LP boosted its position in Graham by 29.3% in the third quarter. Allworth Financial LP now owns 53 shares of the company’s stock worth $62,000 after purchasing an additional 12 shares during the last quarter. Institutional investors own 93.16% of the company’s stock.

Graham Stock Down 2.5%

GHC opened at $1,037.69 on Monday. Graham Holdings Company has a 12 month low of $875.60 and a 12 month high of $1,224.76. The company has a market cap of $4.53 billion, a PE ratio of 15.63 and a beta of 0.78. The company has a current ratio of 1.75, a quick ratio of 1.53 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average of $1,105.22 and a 200 day moving average of $1,096.18.

Graham (NYSE:GHCGet Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $11.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $14.05 by ($2.60). Graham had a net margin of 5.95% and a return on equity of 5.03%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.30 billion.

Graham Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 7th. Shareholders of record on Thursday, April 16th will be issued a dividend of $1.88 per share. This represents a $7.52 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 16th. Graham’s payout ratio is presently 11.33%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on GHC. Weiss Ratings restated a “buy (b+)” rating on shares of Graham in a report on Monday, December 29th. Wall Street Zen cut shares of Graham from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Graham presently has a consensus rating of “Buy”.

Get Our Latest Report on Graham

Graham Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Graham (NYSE:GHC)

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