Royce & Associates Amends Graham Corp Stake to 541,341 Shares
Ticker: GHM · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 716314
| Field | Detail |
|---|---|
| Company | Graham CORP (GHM) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, common-stock
TL;DR
**Royce & Associates still holds over half a million shares of Graham Corp.**
AI Summary
Royce & Associates, LP, a New York-based investment firm, filed an Amendment No. 15 to its SC 13G filing for Graham Corporation on January 23, 2024, reporting its beneficial ownership as of December 31, 2023. The firm now holds sole voting and sole dispositive power over 541,341 shares of Graham Corporation's Common Stock. This update indicates a change in their stake, which is important for investors as Royce & Associates is a significant institutional holder, and their movements can signal confidence or concern in the company's future.
Why It Matters
This filing shows that a major institutional investor, Royce & Associates, LP, continues to hold a significant stake in Graham Corporation, which can influence stock stability and investor sentiment.
Risk Assessment
Risk Level: low — This filing is an amendment to an existing ownership report and does not indicate any immediate negative or highly volatile event for the company.
Analyst Insight
Investors should note that a prominent institutional investor, Royce & Associates, LP, continues to hold a substantial position in Graham Corporation. While this filing doesn't indicate a new buy or sell, it confirms their ongoing interest. Smart investors might monitor future filings from Royce & Associates for any significant changes in their holdings, as this could signal a shift in their outlook on Graham Corporation's prospects.
Key Numbers
- 541,341 — Shares Beneficially Owned (Represents the total number of Graham Corporation common shares Royce & Associates, LP has sole voting and dispositive power over as of December 31, 2023.)
Key Players & Entities
- Royce & Associates, LP (company) — the reporting person and institutional investor
- Graham Corporation (company) — the issuer of the securities
- 541,341 (dollar_amount) — number of shares beneficially owned
- December 31, 2023 (date) — date of event requiring the filing
- January 23, 2024 (date) — filing date of the SC 13G/A
Forward-Looking Statements
- Royce & Associates, LP will maintain a significant stake in Graham Corporation for the foreseeable future. (Royce & Associates, LP) — medium confidence, target: December 31, 2024
FAQ
Who filed this SC 13G/A amendment?
This SC 13G/A Amendment No. 15 was filed by Royce & Associates, LP, an investment firm based in New York.
What company's stock is the subject of this filing?
The subject company for this filing is Graham Corporation, identified by the CUSIP Number 384556106 and the name 'Graham Corporation'.
What type of securities are being reported?
The securities being reported are 'Common Stock' of Graham Corporation.
As of what date is the ownership information accurate?
The date of the event which requires the filing of this statement, and thus the date the ownership information is accurate, is December 31, 2023.
How many shares does Royce & Associates, LP beneficially own with sole voting power?
Royce & Associates, LP beneficially owns 541,341 shares of Graham Corporation's Common Stock with sole voting power, as stated in item 5 of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding GRAHAM CORP (GHM).