Geode Capital Management LLC grew its holdings in Graham Holdings Company (NYSE:GHC – Free Report) by 3.7% during the fourth quarter, Holdings Channel reports. The firm owned 87,169 shares of the company’s stock after acquiring an additional 3,105 shares during the quarter. Geode Capital Management LLC’s holdings in Graham were worth $95,778,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Costello Asset Management INC lifted its stake in shares of Graham by 7.5% in the 3rd quarter. Costello Asset Management INC now owns 143 shares of the company’s stock valued at $168,000 after purchasing an additional 10 shares during the period. 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 buying an additional 10 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in Graham by 2.8% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 363 shares of the company’s stock valued at $399,000 after buying an additional 10 shares in the last quarter. Pinnacle Associates Ltd. increased its position in Graham by 2.8% in the 4th quarter. Pinnacle Associates Ltd. now owns 363 shares of the company’s stock valued at $399,000 after buying an additional 10 shares in the last quarter. Finally, Glenmede Investment Management LP increased its position in Graham by 4.4% in the 3rd quarter. Glenmede Investment Management LP now owns 236 shares of the company’s stock valued at $278,000 after buying an additional 10 shares in the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Graham in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.
Graham Stock Performance
Shares of Graham stock opened at $1,134.37 on Friday. Graham Holdings Company has a one year low of $882.21 and a one year high of $1,224.76. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 16.79 and a beta of 0.72. The business has a 50-day simple moving average of $1,109.91 and a 200 day simple moving average of $1,104.07. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.79 and a quick ratio of 1.54.
Graham (NYSE:GHC – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $16.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $13.11 by $3.68. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.26 billion. Graham had a return on equity of 5.40% and a net margin of 5.97%.
Graham Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Thursday, July 16th will be paid a dividend of $1.88 per share. The ex-dividend date is Thursday, July 16th. This represents a $7.52 dividend on an annualized basis and a yield of 0.7%. Graham’s payout ratio is 11.13%.
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.
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