Graham (NYSE:GHM) Shares Gap Up After Better-Than-Expected Earnings

06 Nov 2026, 15:21 by Kim Johansen · The Markets Daily

Graham Corporation (NYSE:GHM – Get Free Report) shares gapped up before the market opened on Friday following a better than expected earnings announcement. The stock had previously closed at $69.52, but opened at $77.00. Graham shares last traded at $75.6950, with a volume of 13,020 shares.

The industrial products company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.18. Graham had a return on equity of 11.09% and a net margin of 4.53%. The business had revenue of $69.76 million for the quarter, compared to analyst estimates of $71.07 million.

Graham News Summary

Here are the key news stories impacting Graham this week:

Positive Sentiment: Graham earned $0.52 per share, above analyst estimates and up from $0.31 a year earlier. The profit beat is the clearest positive in the quarterly report. Zacks: Graham Q2 Earnings Beat Estimates
Positive Sentiment: Second-quarter net sales increased 6% to $69.8 million year over year, indicating continued revenue growth. Graham Corporation Reports Second Quarter Fiscal 2027 Results
Negative Sentiment: Revenue nevertheless missed expectations: $69.8 million versus analysts’ estimate of about $71.1 million. The sales shortfall may temper the positive reaction to the earnings beat. Graham Corporation misses sales expectations

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on GHM shares. Wall Street Zen raised Graham from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. began coverage on shares of Graham in a report on Friday, October 2nd. They set an “overweight” rating and a $120.00 target price on the stock. Oppenheimer lowered their target price on shares of Graham from $130.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, October 8th. Finally, Weiss Ratings lowered shares of Graham from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Graham presently has an average rating of “Moderate Buy” and an average target price of $123.33.

View Our Latest Stock Analysis on Graham

Hedge Funds Weigh In On Graham

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GHM. Westport Asset Management Inc. bought a new position in shares of Graham in the second quarter valued at about $171,000. Corient Private Wealth LP grew its stake in Graham by 9.5% in the 2nd quarter. Corient Private Wealth LP now owns 2,863 shares of the industrial products company’s stock valued at $354,000 after buying an additional 249 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Graham in the 2nd quarter valued at about $52,000. Wasatch Advisors LP raised its holdings in Graham by 0.8% in the 2nd quarter. Wasatch Advisors LP now owns 85,103 shares of the industrial products company’s stock valued at $10,535,000 after acquiring an additional 659 shares during the period. Finally, Silvant Capital Management LLC bought a new position in Graham in the 2nd quarter valued at about $101,000. 69.46% of the stock is owned by institutional investors.

Graham Stock Performance

The company’s fifty day simple moving average is $80.47 and its two-hundred day simple moving average is $91.07. The stock has a market capitalization of $892.90 million, a P/E ratio of 73.15 and a beta of 1.16.

About Graham

(Get Free Report)

Graham Corporation (NYSE: GHM) is a U.S.-based designer and manufacturer of engineered equipment and systems for the defense, space, and commercial markets. The company develops thermal-management, fluid-handling, vacuum, and power-generation technologies used in demanding industrial and government applications.