Graham (NYSE:GHC) Sets New 12-Month High – Here’s Why

Graham Holdings Company (NYSE:GHC)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $1,250.03 and last traded at $1,230.9110, with a volume of 1168 shares. The stock had previously closed at $1,213.52.

Analyst Upgrades and Downgrades

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

Graham Price Performance

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 company has a market cap of $5.29 billion, a price-to-earnings ratio of 18.16 and a beta of 0.72. The business has a fifty day moving average price of $1,152.30 and a 200 day moving average price of $1,122.16.

Graham (NYSE:GHC) last released its quarterly earnings data on Thursday, July 30th. The company reported $19.46 earnings per share for the quarter, beating the consensus estimate of $14.83 by $4.63. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.28 billion. Graham had a return on equity of 5.40% and a net margin of 5.97%.

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Thursday, July 16th will be paid a $1.88 dividend. This represents a $7.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, July 16th. Graham’s dividend payout ratio (DPR) is presently 11.13%.

Hedge Funds Weigh In On Graham

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Graham by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 340,841 shares of the company’s stock valued at $374,448,000 after buying an additional 10,886 shares in the last quarter. State Street Corp increased 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. AQR Capital Management LLC lifted its stake in shares of Graham by 58.8% in the 2nd quarter. AQR Capital Management LLC now owns 93,253 shares of the company’s stock valued at $88,233,000 after acquiring an additional 34,524 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Graham by 8.9% in the 1st quarter. First Trust Advisors LP now owns 92,505 shares of the company’s stock valued at $97,802,000 after acquiring an additional 7,582 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Graham by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 87,169 shares of the company’s stock valued at $95,778,000 after acquiring an additional 3,105 shares in the last quarter. 93.16% of the stock is currently owned by institutional investors and hedge funds.

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.