Graphic Packaging Holding Company (NYSE:GPK) Receives $18.38 Average PT from Brokerages

Shares of Graphic Packaging Holding Company (NYSE:GPK) have earned an average rating of “Reduce” from the eleven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $18.3750.

A number of analysts have recently weighed in on GPK shares. Zacks Research downgraded Graphic Packaging from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th. Royal Bank Of Canada set a $16.00 target price on shares of Graphic Packaging and gave the company a “sector perform” rating in a report on Thursday, January 15th. Bank of America reissued a “neutral” rating and issued a $24.00 price objective on shares of Graphic Packaging in a research note on Thursday, October 9th. Citigroup decreased their price target on Graphic Packaging from $19.00 to $16.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 6th. Finally, Robert W. Baird lowered Graphic Packaging from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 7th.

Graphic Packaging Price Performance

Shares of Graphic Packaging stock opened at $14.64 on Thursday. The company has a 50-day simple moving average of $15.42 and a two-hundred day simple moving average of $18.26. Graphic Packaging has a twelve month low of $13.93 and a twelve month high of $28.19. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of 8.61 and a beta of 0.64. The company has a quick ratio of 0.63, a current ratio of 1.54 and a debt-to-equity ratio of 1.67.

Graphic Packaging (NYSE:GPK) last announced its earnings results on Tuesday, November 4th. The industrial products company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.54 by $0.04. The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Graphic Packaging had a net margin of 5.94% and a return on equity of 19.98%. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. Analysts forecast that Graphic Packaging will post 2.47 EPS for the current year.

Graphic Packaging Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Monday, December 15th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 3.0%. Graphic Packaging’s payout ratio is 25.88%.

Institutional Trading of Graphic Packaging

A number of hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its stake in shares of Graphic Packaging by 54.7% during the second quarter. GAMMA Investing LLC now owns 5,841 shares of the industrial products company’s stock valued at $123,000 after purchasing an additional 2,065 shares in the last quarter. Advocate Group LLC raised its holdings in Graphic Packaging by 16.2% in the 2nd quarter. Advocate Group LLC now owns 290,184 shares of the industrial products company’s stock valued at $6,114,000 after buying an additional 40,466 shares during the last quarter. Terra Alpha Investments LLC boosted its position in Graphic Packaging by 74.7% during the 2nd quarter. Terra Alpha Investments LLC now owns 83,929 shares of the industrial products company’s stock worth $1,768,000 after buying an additional 35,883 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Graphic Packaging by 8.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 19,138,977 shares of the industrial products company’s stock worth $374,550,000 after acquiring an additional 1,502,681 shares during the last quarter. Finally, Texas Permanent School Fund Corp increased its position in Graphic Packaging by 48.0% in the 2nd quarter. Texas Permanent School Fund Corp now owns 234,885 shares of the industrial products company’s stock valued at $4,949,000 after acquiring an additional 76,226 shares during the period. Institutional investors and hedge funds own 99.67% of the company’s stock.

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.