Moore Capital Management LP bought a new stake in shares of Graphic Packaging Holding Company (NYSE:GPK – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 457,375 shares of the industrial products company’s stock, valued at approximately $4,834,000.
Several other large investors have also added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Graphic Packaging in the second quarter worth approximately $440,345,000. Eminence Capital LP boosted its holdings 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 buying an additional 5,163,806 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Graphic Packaging by 18.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,728,031 shares of the industrial products company’s stock worth $176,626,000 after buying an additional 1,824,110 shares during the period. State Street Corp grew its position in shares of Graphic Packaging by 0.8% during the 4th quarter. State Street Corp now owns 9,877,303 shares of the industrial products company’s stock worth $149,808,000 after buying an additional 81,300 shares during the period. Finally, AQR Capital Management LLC increased its stake in shares of Graphic Packaging by 503.6% in 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. Institutional investors and hedge funds own 99.67% of the company’s stock.
Analyst Upgrades and Downgrades
GPK has been the subject of a number of research reports. Bank of America started coverage on shares of Graphic Packaging in a report on Tuesday, July 14th. They issued a “neutral” rating and a $12.00 price target for the company. UBS Group increased their price objective on shares of Graphic Packaging from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Robert W. Baird set a $13.00 target price on Graphic Packaging in a research note on Wednesday, May 6th. JPMorgan Chase & Co. initiated coverage on Graphic Packaging in a research report on Monday, June 29th. They issued a “neutral” rating and a $11.70 target price for the company. Finally, Zacks Research raised Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Nine equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $11.14.
Graphic Packaging Stock Performance
Shares of Graphic Packaging stock opened at $11.23 on Tuesday. Graphic Packaging Holding Company has a 52 week low of $8.78 and a 52 week high of $22.42. The company has a quick ratio of 0.60, a current ratio of 1.38 and a debt-to-equity ratio of 1.58. The business has a 50 day moving average price of $11.11 and a 200-day moving average price of $10.68. The company has a market cap of $3.32 billion, a PE ratio of 17.02 and a beta of 0.66.
Graphic Packaging (NYSE:GPK – Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter in the previous year, the firm earned $0.42 earnings per share. Graphic Packaging’s quarterly revenue was down .7% on a year-over-year basis. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Equities analysts anticipate that Graphic Packaging Holding Company will post 0.71 earnings per share for the current fiscal year.
Graphic Packaging Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th. Graphic Packaging’s payout ratio is currently 66.67%.
About Graphic Packaging
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.
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