Graham Holdings Company $GHC Shares Purchased by State of Alaska Department of Revenue
by Scott Moore · The Cerbat GemState of Alaska Department of Revenue boosted its holdings in Graham Holdings Company (NYSE:GHC – Free Report) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,265 shares of the company’s stock after purchasing an additional 540 shares during the quarter. State of Alaska Department of Revenue owned approximately 0.37% of Graham worth $17,866,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI acquired a new stake in Graham during the third quarter worth about $1,449,000. JPMorgan Chase & Co. increased its stake in Graham by 15.4% during the third quarter. JPMorgan Chase & Co. now owns 24,617 shares of the company’s stock worth $28,982,000 after acquiring an additional 3,286 shares during the last quarter. Corient Private Wealth LLC increased its stake in Graham by 109.2% during the second quarter. Corient Private Wealth LLC now owns 1,908 shares of the company’s stock worth $1,805,000 after acquiring an additional 996 shares during the last quarter. Principal Financial Group Inc. increased its stake in Graham by 19.4% during the third quarter. Principal Financial Group Inc. now owns 10,140 shares of the company’s stock worth $11,938,000 after acquiring an additional 1,647 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Graham during the fourth quarter worth about $11,998,000. 93.16% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have commented on GHC. Wall Street Zen lowered Graham from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings restated a “buy (b+)” rating on shares of Graham in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.
Graham Price Performance
Shares of NYSE GHC opened at $1,102.28 on Monday. Graham Holdings Company has a 1-year low of $876.27 and a 1-year high of $1,224.76. The business has a 50-day moving average of $1,079.15 and a 200-day moving average of $1,087.62. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.75 and a quick ratio of 1.53. The company has a market capitalization of $4.81 billion, a price-to-earnings ratio of 16.60 and a beta of 0.79.
Graham (NYSE:GHC – Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $11.45 earnings per share for the quarter, missing the consensus estimate of $14.05 by ($2.60). Graham had a return on equity of 5.03% and a net margin of 5.95%.The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.30 billion.
Graham Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 7th. Investors of record on Thursday, April 16th will be issued a $1.88 dividend. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $7.52 dividend on an annualized basis and a yield of 0.7%. Graham’s dividend payout ratio is currently 11.33%.
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.