Allspring Global Investments Holdings LLC bought a new position in shares of Graham Holdings Company (NYSE:GHC – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,035 shares of the company’s stock, valued at approximately $11,998,000. Allspring Global Investments Holdings LLC owned approximately 0.25% of Graham as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Graham by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,307 shares of the company’s stock valued at $2,217,000 after acquiring an additional 69 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Graham by 5.6% in the first quarter. Goldman Sachs Group Inc. now owns 27,167 shares of the company’s stock valued at $26,104,000 after purchasing an additional 1,448 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Graham by 3.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,765 shares of the company’s stock valued at $6,500,000 after purchasing an additional 214 shares during the last quarter. Jane Street Group LLC lifted its position in Graham by 39.8% during the first quarter. Jane Street Group LLC now owns 8,250 shares of the company’s stock worth $7,927,000 after buying an additional 2,350 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in Graham by 9.7% during the second quarter. Steward Partners Investment Advisory LLC now owns 158 shares of the company’s stock worth $149,000 after buying an additional 14 shares in the last quarter. 93.16% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on GHC. Wall Street Zen cut shares of Graham from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Graham in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Graham currently has a consensus rating of “Buy”.
Graham Stock Down 0.1%
Shares of NYSE GHC opened at $1,059.78 on Monday. The company has a quick ratio of 1.53, a current ratio of 1.75 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $1,086.22 and its two-hundred day moving average is $1,090.18. Graham Holdings Company has a 52-week low of $875.60 and a 52-week high of $1,224.76. The firm has a market cap of $4.62 billion, a price-to-earnings ratio of 15.96 and a beta of 0.79.
Graham (NYSE:GHC – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported $11.45 EPS for the quarter, missing the consensus estimate of $14.05 by ($2.60). Graham had a return on equity of 5.03% and a net margin of 5.95%.The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.30 billion.
Graham Dividend Announcement
The firm 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. The ex-dividend date is Thursday, April 16th. This represents a $7.52 dividend on an annualized basis and a yield of 0.7%. Graham’s dividend payout ratio is 11.33%.
Graham Profile
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.
See Also
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