Graham Holdings Company $GHC Stake Boosted by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its holdings in Graham Holdings Company (NYSE:GHC) by 551.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 9,400 shares of the company’s stock after purchasing an additional 7,957 shares during the period. Renaissance Technologies LLC’s holdings in Graham were worth $9,938,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of GHC. Vanguard Group Inc. raised its stake in Graham by 3.3% during the fourth quarter. Vanguard Group Inc. now owns 340,841 shares of the company’s stock worth $374,448,000 after acquiring an additional 10,886 shares during the period. State Street Corp raised its position in shares of Graham by 4.7% during the 2nd quarter. State Street Corp now owns 135,173 shares of the company’s stock worth $127,897,000 after purchasing an additional 6,021 shares during the period. AQR Capital Management LLC lifted its holdings 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 worth $88,233,000 after purchasing an additional 34,524 shares during the last quarter. First Trust Advisors LP grew its stake in Graham by 8.9% during the 1st quarter. First Trust Advisors LP now owns 92,505 shares of the company’s stock worth $97,802,000 after buying an additional 7,582 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Graham by 3.7% in the fourth quarter. Geode Capital Management LLC now owns 87,169 shares of the company’s stock worth $95,778,000 after buying an additional 3,105 shares during the period. 93.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on GHC. Oppenheimer reissued an “outperform” rating on shares of Graham in a report on Thursday, June 25th. Weiss Ratings upgraded shares of Graham from a “buy (b)” rating to a “buy (a-)” rating in a research report on Friday. Finally, Wall Street Zen upgraded shares of Graham from a “hold” rating to a “buy” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat.com, Graham has a consensus rating of “Strong Buy”.

Graham Trading Down 0.1%

Graham stock opened at $1,202.06 on Monday. Graham Holdings Company has a 12-month low of $917.48 and a 12-month high of $1,262.34. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.86 and a quick ratio of 1.59. The stock has a market capitalization of $5.18 billion, a PE ratio of 9.69 and a beta of 0.71. The firm has a 50 day simple moving average of $1,154.23 and a 200-day simple moving average of $1,122.53.

Graham (NYSE:GHC) last posted its quarterly earnings data on Thursday, July 30th. The company reported $19.46 EPS for the quarter, topping analysts’ consensus estimates of $14.83 by $4.63. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.28 billion. Graham had a return on equity of 5.73% and a net margin of 10.69%.

Graham Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Thursday, July 16th. This represents a $7.52 annualized dividend and a dividend yield of 0.6%. Graham’s payout ratio is currently 6.06%.

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.