Calamos Advisors LLC Buys 11,316 Shares of Graham Corporation $GHM

Calamos Advisors LLC raised its stake in Graham Corporation (NYSE:GHM) by 55.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,823 shares of the industrial products company’s stock after purchasing an additional 11,316 shares during the period. Calamos Advisors LLC’s holdings in Graham were worth $1,576,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of GHM. Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of Graham by 15.0% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 2,371 shares of the industrial products company’s stock worth $117,000 after buying an additional 310 shares during the period. Auto Owners Insurance Co lifted its position in Graham by 4.8% during the second quarter. Auto Owners Insurance Co now owns 11,000 shares of the industrial products company’s stock worth $545,000 after acquiring an additional 500 shares during the last quarter. Algert Global LLC boosted its holdings in shares of Graham by 7.4% during the first quarter. Algert Global LLC now owns 8,498 shares of the industrial products company’s stock worth $245,000 after acquiring an additional 588 shares during the period. First Horizon Advisors Inc. grew its position in shares of Graham by 130.5% in the second quarter. First Horizon Advisors Inc. now owns 1,178 shares of the industrial products company’s stock valued at $58,000 after purchasing an additional 667 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Graham by 2.6% in the first quarter. Bank of New York Mellon Corp now owns 27,647 shares of the industrial products company’s stock valued at $797,000 after purchasing an additional 696 shares during the last quarter. Institutional investors and hedge funds own 69.46% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Weiss Ratings cut Graham from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, November 7th. Noble Financial downgraded Graham from an “outperform” rating to a “market perform” rating in a report on Tuesday, October 21st. Wall Street Zen cut shares of Graham from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Finally, Zacks Research downgraded shares of Graham from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Graham currently has an average rating of “Moderate Buy” and an average target price of $60.00.

Graham Price Performance

Graham stock opened at $57.99 on Friday. The firm has a market cap of $636.44 million, a PE ratio of 46.02 and a beta of 0.97. The stock’s fifty day moving average price is $56.79 and its two-hundred day moving average price is $49.69. Graham Corporation has a one year low of $24.78 and a one year high of $64.66.

Graham (NYSE:GHM) last released its earnings results on Friday, November 7th. The industrial products company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.02). Graham had a return on equity of 12.83% and a net margin of 6.43%.The company had revenue of $66.03 million for the quarter, compared to analyst estimates of $57.55 million. Graham has set its FY 2026 guidance at EPS. Sell-side analysts expect that Graham Corporation will post 1.07 earnings per share for the current fiscal year.

Graham Company Profile

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