Graham Co. (NYSE:GHM) Shares Acquired by Teton Advisors Inc.

Teton Advisors Inc. boosted its position in Graham Co. (NYSE:GHM) by 8.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 129,000 shares of the industrial products company’s stock after acquiring an additional 10,000 shares during the period. Teton Advisors Inc.’s holdings in Graham were worth $1,713,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of GHM. US Bancorp DE grew its position in shares of Graham by 38.9% in the first quarter. US Bancorp DE now owns 61,716 shares of the industrial products company’s stock valued at $476,000 after purchasing an additional 17,300 shares during the period. Dimensional Fund Advisors LP grew its holdings in Graham by 3.6% in the first quarter. Dimensional Fund Advisors LP now owns 384,616 shares of the industrial products company’s stock valued at $2,966,000 after purchasing an additional 13,471 shares during the period. Sei Investments Co. increased its position in Graham by 15.6% during the first quarter. Sei Investments Co. now owns 95,737 shares of the industrial products company’s stock worth $738,000 after purchasing an additional 12,940 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in Graham by 49.3% during the first quarter. Gamco Investors INC. ET AL now owns 286,969 shares of the industrial products company’s stock worth $2,213,000 after purchasing an additional 94,744 shares during the period. Finally, State Street Corp boosted its holdings in shares of Graham by 4.8% in the 1st quarter. State Street Corp now owns 36,093 shares of the industrial products company’s stock valued at $278,000 after purchasing an additional 1,666 shares during the last quarter. 68.84% of the stock is currently owned by institutional investors and hedge funds.

Graham Trading Down 0.1 %

NYSE GHM traded down $0.02 during mid-day trading on Friday, hitting $17.60. The company’s stock had a trading volume of 42,660 shares, compared to its average volume of 35,125. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.28 and a quick ratio of 0.99. Graham Co. has a 52-week low of $9.01 and a 52-week high of $18.43. The stock’s fifty day simple moving average is $16.29 and its two-hundred day simple moving average is $14.58. The firm has a market capitalization of $188.32 million, a P/E ratio of 65.19 and a beta of 0.46.

Graham (NYSE:GHM) last posted its earnings results on Monday, November 6th. The industrial products company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.10. Graham had a net margin of 1.67% and a return on equity of 2.97%. The business had revenue of $45.08 million for the quarter, compared to analyst estimates of $41.96 million. During the same quarter in the previous year, the business posted ($0.02) EPS. Research analysts expect that Graham Co. will post 0.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on GHM. TheStreet downgraded Graham from a “b-” rating to a “c” rating in a report on Monday, November 6th. StockNews.com initiated coverage on Graham in a research note on Thursday, October 5th. They set a “buy” rating for the company.

Graham Company Profile

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.