Barclays PLC Has $458,000 Stock Position in Graham Co. (NYSE:GHM)

Barclays PLC lifted its holdings in shares of Graham Co. (NYSE:GHM) by 36.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,498 shares of the industrial products company’s stock after acquiring an additional 4,145 shares during the period. Barclays PLC owned approximately 0.14% of Graham worth $458,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP purchased a new stake in shares of Graham in the third quarter valued at about $1,103,000. Bank of New York Mellon Corp purchased a new stake in Graham in the 2nd quarter valued at about $904,000. First Eagle Investment Management LLC lifted its position in shares of Graham by 7.2% during the 2nd quarter. First Eagle Investment Management LLC now owns 313,662 shares of the industrial products company’s stock worth $8,833,000 after buying an additional 20,933 shares in the last quarter. State Street Corp boosted its stake in shares of Graham by 22.6% in the 3rd quarter. State Street Corp now owns 158,611 shares of the industrial products company’s stock worth $4,693,000 after buying an additional 29,277 shares during the last quarter. Finally, Cubist Systematic Strategies LLC grew its holdings in shares of Graham by 85.5% in the second quarter. Cubist Systematic Strategies LLC now owns 10,439 shares of the industrial products company’s stock valued at $294,000 after acquiring an additional 4,811 shares in the last quarter. Institutional investors and hedge funds own 69.46% of the company’s stock.

Graham Stock Performance

GHM opened at $47.26 on Friday. The firm has a market cap of $514.66 million, a P/E ratio of 66.56 and a beta of 0.73. Graham Co. has a fifty-two week low of $18.15 and a fifty-two week high of $47.61. The firm has a 50-day moving average of $40.88 and a 200 day moving average of $33.66.

Graham (NYSE:GHM) last posted its quarterly earnings data on Friday, November 8th. The industrial products company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.18 by $0.13. Graham had a return on equity of 7.91% and a net margin of 3.95%. The business had revenue of $53.56 million for the quarter, compared to the consensus estimate of $50.50 million. During the same quarter in the prior year, the business earned $0.04 earnings per share. Equities research analysts predict that Graham Co. will post 1.03 earnings per share for the current fiscal year.

About Graham

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.