Graphic Packaging Holding Company (NYSE:GPK – Get Free Report) has received an average rating of “Reduce” from the twelve brokerages that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $11.2556.
A number of research analysts have issued reports on GPK shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. JPMorgan Chase & Co. assumed coverage on Graphic Packaging in a research report on Monday, June 29th. They issued a “neutral” rating and a $11.70 price target on the stock. UBS Group upped their price target on Graphic Packaging from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Bank of America reduced their price objective on Graphic Packaging from $14.00 to $13.00 and set a “neutral” rating for the company in a research report on Friday, September 11th. Finally, Zacks Research raised Graphic Packaging from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st.
Get Our Latest Research Report on GPK
Graphic Packaging Stock Up 1.8%
Graphic Packaging (NYSE:GPK – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The firm had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.18 billion. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The company’s revenue was down .7% on a year-over-year basis. During the same period in the prior year, the company earned $0.42 EPS. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Sell-side analysts predict that Graphic Packaging will post 0.72 EPS for the current fiscal year.
Graphic Packaging Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be given a dividend of $0.11 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 annualized dividend and a yield of 4.5%. Graphic Packaging’s payout ratio is 66.67%.
Institutional Trading of Graphic Packaging
Several institutional investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC increased its holdings in shares of Graphic Packaging by 135.3% in the second quarter. Sequoia Financial Advisors LLC now owns 63,784 shares of the industrial products company’s stock worth $674,000 after purchasing an additional 36,682 shares during the last quarter. Engineers Gate Manager LP raised its holdings in shares of Graphic Packaging by 60.9% during the 2nd quarter. Engineers Gate Manager LP now owns 444,472 shares of the industrial products company’s stock worth $4,698,000 after acquiring an additional 168,171 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC bought a new position in shares of Graphic Packaging during the 2nd quarter valued at approximately $145,000. Integrated Wealth Concepts LLC grew its holdings in shares of Graphic Packaging by 116.6% in the second quarter. Integrated Wealth Concepts LLC now owns 70,420 shares of the industrial products company’s stock valued at $744,000 after purchasing an additional 37,904 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Graphic Packaging by 1,039.7% in the second quarter. NewEdge Advisors LLC now owns 24,400 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 22,259 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.
Graphic Packaging Company Profile
Graphic Packaging Holding Company, operating through Graphic Packaging International, develops and manufactures fiber-based packaging solutions for consumer packaged goods companies. Its products are used primarily in the food, beverage and household products industries, where packaging is designed to protect products, support branding and improve convenience.
The company’s offerings include folding cartons, paperboard packaging, coated recycled board, paper cups and other foodservice packaging products.
Recommended Stories
- Five stocks we like better than Graphic Packaging
- Aeluma’s Selloff Could Be Setting Up Its Next Big Move
- Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
Receive News & Ratings for Graphic Packaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphic Packaging and related companies with MarketBeat.com's FREE daily email newsletter.
