Karat Packaging (NASDAQ:KRT) Sets New 12-Month High – Here’s Why

Posted by George Bondi on Jul 14th, 2026

Karat Packaging Inc. (NASDAQ:KRT – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $35.67 and last traded at $34.9450, with a volume of 30320 shares traded. The stock had previously closed at $34.73.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on KRT shares. Zacks Research lowered Karat Packaging from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Wall Street Zen raised shares of Karat Packaging from a “hold” rating to a “buy” rating in a research report on Sunday. The Goldman Sachs Group lowered shares of Karat Packaging to a “neutral” rating in a report on Thursday, June 4th. William Blair raised shares of Karat Packaging from a “market perform” rating to an “outperform” rating in a research report on Thursday, June 4th. Finally, Lake Street Capital reiterated a “buy” rating and set a $39.00 price objective on shares of Karat Packaging in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Karat Packaging has a consensus rating of “Hold” and a consensus price target of $31.50.

View Our Latest Report on KRT

Karat Packaging Price Performance

The company has a debt-to-equity ratio of 0.15, a current ratio of 2.29 and a quick ratio of 1.15. The company has a market cap of $704.47 million, a PE ratio of 22.30, a P/E/G ratio of 1.70 and a beta of 0.85. The company has a 50-day moving average price of $29.68 and a two-hundred day moving average price of $27.22.

Karat Packaging (NASDAQ:KRT – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. The business had revenue of $116.95 million for the quarter, compared to the consensus estimate of $112.98 million. Karat Packaging had a return on equity of 19.87% and a net margin of 6.61%. Sell-side analysts expect that Karat Packaging Inc. will post 1.78 earnings per share for the current fiscal year.

Karat Packaging Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Stockholders of record on Thursday, May 21st were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, May 21st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.1%. Karat Packaging’s dividend payout ratio (DPR) is currently 113.92%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Clearstead Advisors LLC grew its holdings in Karat Packaging by 188.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,493 shares of the company’s stock valued at $34,000 after purchasing an additional 976 shares in the last quarter. CWM LLC lifted its holdings in Karat Packaging by 61.5% in the 4th quarter. CWM LLC now owns 2,651 shares of the company’s stock worth $60,000 after buying an additional 1,010 shares in the last quarter. Quarry LP purchased a new position in Karat Packaging in the 3rd quarter valued at about $70,000. Deutsche Bank AG boosted its position in Karat Packaging by 142.8% in the 4th quarter. Deutsche Bank AG now owns 3,861 shares of the company’s stock valued at $87,000 after buying an additional 2,271 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of Karat Packaging during the fourth quarter valued at about $122,000. 25.20% of the stock is currently owned by hedge funds and other institutional investors.

About Karat Packaging

(Get Free Report)

Karat Packaging Technologies, Inc (NASDAQ: KRT) is a U.S.-based provider of premium packaging solutions for consumer goods and industrial products. The company specializes in the design, manufacture and delivery of high-quality litho-laminated folding cartons, tubes and flexible packaging. Karat Packaging operates an integrated production model that combines prepress, printing, converting and finishing capabilities to support the branding and shelf-appeal needs of its customers.

The company serves a diverse range of end markets, including food and beverage, confectionery, health and beauty, pharmaceuticals, specialty chemicals and promotional packaging.