Jupiter Topco LLC bought a new stake in shares of Graphic Packaging Holding Company (NYSE:GPK – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 132,265 shares of the industrial products company’s stock, valued at approximately $1,399,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bell Investment Advisors Inc purchased a new position in shares of Graphic Packaging during the 2nd quarter valued at about $25,000. Quarry LP grew its holdings in Graphic Packaging by 282.0% during the third quarter. Quarry LP now owns 1,547 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 1,142 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in Graphic Packaging by 13,971.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,970 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 1,956 shares during the period. Physician Wealth Advisors Inc. raised its position in Graphic Packaging by 2,321.1% during the first quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 3,087 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in Graphic Packaging by 1,075.7% during the second quarter. Versant Capital Management Inc now owns 3,480 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 3,184 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on GPK. Bank of America initiated coverage on shares of Graphic Packaging in a research note on Tuesday, July 14th. They issued a “neutral” rating and a $12.00 target price for the company. UBS Group lifted their price objective on shares of Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Wells Fargo & Company upped their price objective on shares of Graphic Packaging from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Weiss Ratings restated a “sell (d+)” rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. assumed coverage on Graphic Packaging in a research note on Monday, June 29th. They issued a “neutral” rating and a $11.70 price target for the company. Nine equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $11.14.
Graphic Packaging Stock Performance
Shares of Graphic Packaging stock opened at $10.46 on Friday. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 15.85 and a beta of 0.65. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.38 and a quick ratio of 0.60. The business has a 50-day moving average of $11.11 and a 200 day moving average of $10.65. Graphic Packaging Holding Company has a 12 month low of $8.78 and a 12 month high of $21.71.
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 analysts’ consensus estimates of $0.12 by $0.02. Graphic Packaging had a net margin of 2.25% and a return on equity of 9.95%. The company had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the prior year, the firm posted $0.42 EPS. The company’s quarterly revenue was down .7% compared to the same quarter last year. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. As a group, sell-side analysts forecast that Graphic Packaging Holding Company will post 0.72 earnings per share for the current year.
Graphic Packaging Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 15th. Graphic Packaging’s dividend payout ratio is presently 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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