London Co. of Virginia Decreases Stake in Graham Holdings Company $GHC

London Co. of Virginia lowered its stake in Graham Holdings Company (NYSE:GHC) by 3.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 24,079 shares of the company’s stock after selling 884 shares during the period. London Co. of Virginia’s holdings in Graham were worth $25,461,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new position in shares of Graham in the fourth quarter worth $11,998,000. Vest Financial LLC boosted its position in Graham by 47.1% during the 4th quarter. Vest Financial LLC now owns 5,737 shares of the company’s stock valued at $6,303,000 after buying an additional 1,837 shares during the period. Baker Ellis Asset Management LLC bought a new stake in Graham in the 4th quarter worth $681,000. Hussman Strategic Advisors Inc. bought a new stake in Graham in the 4th quarter worth $2,307,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Graham in the first quarter valued at about $1,554,000. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Graham Stock Performance

NYSE:GHC opened at $1,153.35 on Friday. The stock has a market cap of $4.97 billion, a P/E ratio of 17.07 and a beta of 0.72. The firm’s fifty day simple moving average is $1,143.53 and its 200 day simple moving average is $1,119.67. Graham Holdings Company has a twelve month low of $908.39 and a twelve month high of $1,224.76. The company has a quick ratio of 1.54, a current ratio of 1.79 and a debt-to-equity ratio of 0.15.

Graham (NYSE:GHC) last issued its quarterly earnings data 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. Graham had a net margin of 5.97% and a return on equity of 5.40%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.26 billion.

Graham Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 6th. Investors of record on Thursday, July 16th will be given a dividend of $1.88 per share. The ex-dividend date is Thursday, July 16th. This represents a $7.52 annualized dividend and a dividend yield of 0.7%. Graham’s payout ratio is currently 11.13%.

Analyst Ratings Changes

GHC has been the subject of several recent analyst reports. Oppenheimer reaffirmed an “outperform” rating on shares of Graham in a research note on Thursday, June 25th. Weiss Ratings restated a “buy (b)” rating on shares of Graham in a report on Tuesday, May 26th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus 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.