Nicholas Investment Partners LP Purchases New Stake in Graham Corporation $GHM

Nicholas Investment Partners LP purchased a new stake in shares of Graham Corporation (NYSE:GHM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 29,388 shares of the industrial products company’s stock, valued at approximately $1,888,000.

Several other institutional investors also recently added to or reduced their stakes in GHM. BNP Paribas Financial Markets grew its position in Graham by 62.8% during the second quarter. BNP Paribas Financial Markets now owns 1,063 shares of the industrial products company’s stock valued at $53,000 after buying an additional 410 shares during the period. Comerica Bank lifted its holdings in Graham by 396.2% during the third quarter. Comerica Bank now owns 1,052 shares of the industrial products company’s stock valued at $58,000 after purchasing an additional 840 shares during the last quarter. Covestor Ltd lifted its holdings in Graham by 4,697.4% during the fourth quarter. Covestor Ltd now owns 1,871 shares of the industrial products company’s stock valued at $120,000 after purchasing an additional 1,832 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in Graham by 385.1% during the fourth quarter. State of Alaska Department of Revenue now owns 2,925 shares of the industrial products company’s stock valued at $187,000 after purchasing an additional 2,322 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in Graham during the fourth quarter valued at about $201,000. Institutional investors own 69.46% of the company’s stock.

Graham Stock Performance

Graham stock opened at $103.70 on Friday. The firm’s fifty day moving average price is $95.75 and its 200-day moving average price is $81.24. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.75 and a current ratio of 1.00. The stock has a market cap of $1.21 billion, a P/E ratio of 91.77 and a beta of 1.04. Graham Corporation has a fifty-two week low of $45.00 and a fifty-two week high of $110.01.

Graham (NYSE:GHM) last posted its quarterly earnings data on Monday, June 8th. The industrial products company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.03. The firm had revenue of $67.08 million for the quarter, compared to analysts’ expectations of $59.95 million. Graham had a net margin of 5.10% and a return on equity of 11.94%. The business’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the company posted $0.40 EPS. On average, equities research analysts expect that Graham Corporation will post 1.85 earnings per share for the current fiscal year.

Graham News Roundup

Here are the key news stories impacting Graham this week:

• Positive Sentiment: Graham’s recent quarterly results beat expectations, with earnings of $0.33 per share versus the $0.30 consensus and revenue of $67.08 million versus $59.95 million expected, showing the business is still growing year over year.
• Neutral Sentiment: Northland Securities and Noble Financial updated their 2027 earnings models, with Noble starting Q3 2027 EPS at $0.38 and Northland lowering several forecasts, but these changes are primarily forward-looking and do not change the company’s current operations.
• Negative Sentiment: Zacks Research downgraded Graham from strong-buy to hold, which can weigh on investor sentiment by signaling less upside than before. Zacks.com
• Negative Sentiment: Northland Securities cut its FY2027 EPS estimate to $1.75 from $2.38 and also reduced its Q3 2027 outlook, suggesting analysts see slower earnings growth ahead.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Oppenheimer upped their price objective on shares of Graham from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday. Weiss Ratings upgraded shares of Graham from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. Northland Securities set a $111.00 target price on shares of Graham in a report on Tuesday. Zacks Research cut shares of Graham from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Finally, Wall Street Zen cut shares of Graham from a “hold” rating to a “sell” rating in a report on Saturday. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $95.33.

About Graham

Graham Corporation (NYSE: GHM) is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.

The company’s technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.