Assetmark Inc. Sells 573 Shares of Graham Holdings Company $GHC

Assetmark Inc. lessened its holdings in shares of Graham Holdings Company (NYSE:GHC) by 21.2% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 2,135 shares of the company’s stock after selling 573 shares during the period. Assetmark Inc.’s holdings in Graham were worth $2,257,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Sterling Investment Counsel LLC increased its position in Graham by 2.5% in the 4th quarter. Sterling Investment Counsel LLC now owns 404 shares of the company’s stock valued at $444,000 after acquiring an additional 10 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of Graham by 2.8% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 363 shares of the company’s stock valued at $399,000 after purchasing an additional 10 shares during the last quarter. Pinnacle Associates Ltd. increased its holdings in shares of Graham by 2.8% in the fourth quarter. Pinnacle Associates Ltd. now owns 363 shares of the company’s stock valued at $399,000 after purchasing an additional 10 shares in the last quarter. Verus Capital Partners LLC lifted its holdings in Graham by 3.3% during the 4th quarter. Verus Capital Partners LLC now owns 315 shares of the company’s stock worth $346,000 after buying an additional 10 shares in the last quarter. Finally, Baron Wealth Management LLC lifted its holdings in Graham by 5.1% during the 1st quarter. Baron Wealth Management LLC now owns 208 shares of the company’s stock worth $220,000 after buying an additional 10 shares in the last quarter. 93.16% of the stock is owned by institutional investors.

Graham Stock Performance

Shares of Graham stock opened at $1,142.38 on Friday. The firm has a fifty day moving average of $1,142.28 and a two-hundred day moving average of $1,119.43. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.54 and a current ratio of 1.79. The stock has a market capitalization of $4.92 billion, a price-to-earnings ratio of 16.91 and a beta of 0.72. Graham Holdings Company has a 52 week low of $900.00 and a 52 week high of $1,224.76.

Graham (NYSE:GHC) last posted its quarterly earnings results on Thursday, April 30th. The company reported $16.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $13.11 by $3.68. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.26 billion. Graham had a return on equity of 5.40% and a net margin of 5.97%.

Graham Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 6th. Investors of record on Thursday, July 16th will be given a $1.88 dividend. This represents a $7.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, July 16th. Graham’s dividend payout ratio (DPR) is currently 11.13%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Oppenheimer reaffirmed an “outperform” rating on shares of Graham in a research note on Thursday, June 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Graham in a report on Tuesday, May 26th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Graham has a consensus rating of “Buy”.

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.