Graham Corporation (GHM)

In the past six months, Graham Corp. reported record revenue and strong orders, leading to a record backlog. The company acquired Xdot Bearing Technologies and secured multiple orders from space customers. The stock saw an increase driven by positive sentiment in defense, energy, and process markets, hitting a new 52-week high. Analyst ratings were mixed, with some upgrades and downgrades, and leadership changes occurred with Daniel J. Thoren transitioning to Executive Chairman and Matthew J. Malone becoming CEO.

Graham Corp.'s demand is influenced by its diverse customer base in defense, space, energy, and process industries. The company benefits from a robust order backlog, providing good medium-term revenue visibility. Strong orders are consistently driven by demand from the defense, space, and refining sectors. The company is strategically shifting its focus towards higher-growth defense and space segments and investing in increasing production capacity and capabilities.

Graham Corp. is a global leader in the design and manufacture of mission-critical fluid, power, heat transfer, and vacuum technologies, operating within the Industrials sector. Its major products include vacuum systems, heat transfer equipment, cryogenic pumps, and turbomachinery technologies, serving diverse industries such as defense, space, energy, and chemical sectors. Recent acquisitions like Barber-Nichols, P3 Technologies, and Xdot Bearing Technologies have expanded its capabilities and contributed to revenue growth.

Graham Corp. is headquartered in Batavia, New York, with a global presence through subsidiaries in China and India, a sales office in Houston, Texas, and a service office in Covington, Louisiana. Acquired entities Barber-Nichols and P3 Technologies have facilities in Colorado and Jupiter, Florida, respectively.

Graham Corp. has maintained a generally positive brand reputation, being recognized as the "2024 Manufacturer of the Year" by Buffalo Business First. News sentiment has been positive, particularly concerning its strong performance in the defense, energy, and process markets. The company's IBD SmartSelect Composite Rating also improved.

Institutional investors hold a significant portion of Graham Corp.’s stock, ranging from approximately 65.65% to 81%, with major holders including Brandes Investment Partners, BlackRock, and Vanguard Group. Individual and retail investors own between 12% and 15.29% of the company's shares. Insiders hold approximately 5.97% to 6% of the stock, with Charles Brandes and Daniel J. Thoren being notable individual shareholders.