Brokerages Set Graphic Packaging Holding Company (NYSE:GPK) PT at $12.33

Shares of Graphic Packaging Holding Company (NYSE:GPKGet Free Report) have received a consensus rating of “Reduce” from the twelve brokerages that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating and nine have issued a hold rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $12.3250.

GPK has been the subject of several research reports. Wells Fargo & Company reduced their price target on shares of Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Tuesday, April 14th. Truist Financial reduced their price target on shares of Graphic Packaging from $14.00 to $11.00 and set a “hold” rating for the company in a research report on Wednesday, April 15th. Robert W. Baird set a $13.00 price target on shares of Graphic Packaging in a research report on Wednesday, May 6th. Royal Bank Of Canada dropped their price objective on Graphic Packaging from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Friday, March 20th. Finally, Citigroup raised their price objective on Graphic Packaging from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th.

Check Out Our Latest Analysis on Graphic Packaging

Graphic Packaging Stock Performance

NYSE GPK opened at $10.57 on Wednesday. The company has a fifty day simple moving average of $10.01 and a 200 day simple moving average of $12.47. Graphic Packaging has a 12-month low of $8.78 and a 12-month high of $23.76. The company has a current ratio of 1.41, a quick ratio of 0.59 and a debt-to-equity ratio of 1.60. The company has a market cap of $3.13 billion, a P/E ratio of 11.48 and a beta of 0.66.

Graphic Packaging (NYSE:GPKGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.03. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. The business had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter last year, the firm posted $0.51 EPS. Graphic Packaging’s revenue was up 1.7% compared to the same quarter last year. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. Sell-side analysts predict that Graphic Packaging will post 0.85 earnings per share for the current fiscal year.

Graphic Packaging Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.11 per share. The ex-dividend date is Monday, June 15th. This represents a $0.44 annualized dividend and a yield of 4.2%. Graphic Packaging’s dividend payout ratio (DPR) is 47.83%.

Insiders Place Their Bets

In related news, Director Jeffrey Stafeil acquired 17,878 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were acquired at an average cost of $11.19 per share, for a total transaction of $200,054.82. Following the purchase, the director owned 17,878 shares in the company, valued at approximately $200,054.82. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Graphic Packaging

Several large investors have recently bought and sold shares of GPK. Manning & Napier Advisors LLC lifted its stake in Graphic Packaging by 6,288.6% during the 1st quarter. Manning & Napier Advisors LLC now owns 8,481,670 shares of the industrial products company’s stock valued at $84,308,000 after acquiring an additional 8,348,907 shares in the last quarter. AQR Capital Management LLC lifted its stake in Graphic Packaging by 503.6% during the 4th quarter. AQR Capital Management LLC now owns 8,693,765 shares of the industrial products company’s stock valued at $130,928,000 after acquiring an additional 7,253,473 shares in the last quarter. Eminence Capital LP raised its stake in shares of Graphic Packaging by 67.5% during the 4th quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company’s stock worth $192,948,000 after purchasing an additional 5,163,806 shares during the period. UBS Group AG raised its stake in shares of Graphic Packaging by 123.8% during the 4th quarter. UBS Group AG now owns 9,026,134 shares of the industrial products company’s stock worth $135,934,000 after purchasing an additional 4,992,179 shares during the period. Finally, Norges Bank bought a new stake in shares of Graphic Packaging during the 4th quarter worth $54,031,000. 99.67% of the stock is currently owned by institutional investors.

Graphic Packaging News Roundup

Here are the key news stories impacting Graphic Packaging this week:

About Graphic Packaging

(Get Free Report)

Graphic Packaging Holding Company is a leading provider of sustainable paperboard packaging solutions, offering a broad portfolio of products designed for food, beverage and other consumer goods markets. The company specializes in the manufacture of containerboard, folding cartons and engineered fill materials, as well as beverage packaging systems including paperboard cups, carriers and related components.

Through a network of manufacturing facilities across North America, Europe and Latin America, Graphic Packaging serves a diverse customer base that includes major consumer packaged goods companies, quick-service restaurants and retail chains.

Further Reading

Analyst Recommendations for Graphic Packaging (NYSE:GPK)

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