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

JPMorgan Chase & Co. grew its position in Graham Holdings Company (NYSE:GHC) by 15.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,617 shares of the company’s stock after purchasing an additional 3,286 shares during the period. JPMorgan Chase & Co. owned approximately 0.56% of Graham worth $28,982,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. AQR Capital Management LLC boosted its position in Graham by 58.8% during the 2nd quarter. AQR Capital Management LLC now owns 93,253 shares of the company’s stock worth $88,233,000 after acquiring an additional 34,524 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Graham by 91.9% in the second quarter. First Trust Advisors LP now owns 43,703 shares of the company’s stock valued at $41,350,000 after purchasing an additional 20,932 shares during the last quarter. Invesco Ltd. raised its holdings in Graham by 35.2% in the 2nd quarter. Invesco Ltd. now owns 29,305 shares of the company’s stock valued at $27,728,000 after acquiring an additional 7,628 shares during the period. State Street Corp lifted its holdings in shares of Graham by 4.7% during the second quarter. State Street Corp now owns 135,173 shares of the company’s stock worth $127,897,000 after buying an additional 6,021 shares in the last quarter. Finally, Bridgeway Capital Management LLC bought a new stake in Graham in the 2nd quarter valued at about $4,026,000. 93.16% of the stock is currently owned by institutional investors.

Graham Price Performance

Shares of NYSE:GHC opened at $1,050.35 on Friday. The company has a current ratio of 1.32, a quick ratio of 1.14 and a debt-to-equity ratio of 0.07. The stock has a market cap of $4.58 billion, a PE ratio of 15.82 and a beta of 0.76. Graham Holdings Company has a 1-year low of $875.60 and a 1-year high of $1,224.76. The stock’s fifty day simple moving average is $1,120.65 and its two-hundred day simple moving average is $1,098.36.

Graham (NYSE:GHC) last announced its earnings results on Wednesday, February 25th. The company reported $11.45 earnings per share for the quarter, missing analysts’ consensus estimates of $14.05 by ($2.60). The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Graham had a return on equity of 5.15% and a net margin of 5.95%.

Graham Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have recently commented on GHC. Weiss Ratings restated a “buy (b+)” rating on shares of Graham in a research report on Monday, December 29th. Wall Street Zen lowered Graham from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

About Graham

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.