Graham Corp. (NYSE:GHM) Director Gerard T. Mazurkiewicz sold 1,900 shares of the business’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $20.30, for a total value of $38,570.00. Following the completion of the sale, the director now owns 11,431 shares of the company’s stock, valued at $232,049.30. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Graham Corp. (NYSE:GHM) traded up 4.06% during mid-day trading on Tuesday, hitting $21.53. The stock had a trading volume of 41,037 shares. The company has a market cap of $209.40 million, a price-to-earnings ratio of 67.92 and a beta of 0.93. The firm’s 50-day moving average is $18.79 and its 200 day moving average is $18.66. Graham Corp. has a 12 month low of $14.39 and a 12 month high of $21.56.

Graham Corp. (NYSE:GHM) last posted its earnings results on Tuesday, November 1st. The company reported $0.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.06. The company had revenue of $21 million for the quarter, compared to analyst estimates of $20.67 million. Graham Corp. had a return on equity of 3.26% and a net margin of 3.82%. The company’s revenue for the quarter was down 7.9% on a year-over-year basis. During the same quarter last year, the company earned $0.20 earnings per share. Equities analysts anticipate that Graham Corp. will post $0.31 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 28th. Investors of record on Monday, November 14th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Wednesday, November 9th. Graham Corp.’s payout ratio is 112.50%.

Separately, Zacks Investment Research upgraded Graham Corp. from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Wednesday, September 28th.

Several hedge funds have recently modified their holdings of GHM. American Century Companies Inc. increased its stake in shares of Graham Corp. by 4.6% in the second quarter. American Century Companies Inc. now owns 610,363 shares of the company’s stock worth $11,243,000 after buying an additional 26,691 shares during the last quarter. Thomson Horstmann & Bryant Inc. increased its stake in shares of Graham Corp. by 8.2% in the second quarter. Thomson Horstmann & Bryant Inc. now owns 398,088 shares of the company’s stock worth $7,332,000 after buying an additional 30,000 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Graham Corp. by 1.4% in the second quarter. Vanguard Group Inc. now owns 349,300 shares of the company’s stock worth $6,434,000 after buying an additional 4,854 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Graham Corp. by 5.6% in the second quarter. Dimensional Fund Advisors LP now owns 325,525 shares of the company’s stock worth $5,996,000 after buying an additional 17,289 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Graham Corp. by 9.2% in the third quarter. Price T Rowe Associates Inc. MD now owns 312,430 shares of the company’s stock worth $5,967,000 after buying an additional 26,230 shares during the last quarter. 75.02% of the stock is owned by institutional investors.

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About Graham Corp.

Graham Corporation designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. The Company designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. It is a nuclear code accredited fabrication and specialty machining company.

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