783,000 Shares in Graphic Packaging Holding Company $GPK Acquired by LM Asset Management Inc.

LM Asset Management Inc. purchased a new stake in Graphic Packaging Holding Company (NYSE:GPK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 783,000 shares of the industrial products company’s stock, valued at approximately $8,276,310,000. Graphic Packaging makes up about 5.1% of LM Asset Management Inc.’s holdings, making the stock its 7th biggest position.

A number of other large investors have also recently bought and sold shares of the stock. AQR Capital Management LLC boosted its stake in shares of Graphic Packaging by 36.6% in the 1st quarter. AQR Capital Management LLC now owns 171,608 shares of the industrial products company’s stock valued at $4,453,000 after purchasing an additional 45,944 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Graphic Packaging by 9.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,471,519 shares of the industrial products company’s stock worth $38,201,000 after purchasing an additional 132,692 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of Graphic Packaging by 5.4% during the 2nd quarter. Hsbc Holdings PLC now owns 15,485 shares of the industrial products company’s stock worth $326,000 after purchasing an additional 791 shares in the last quarter. Invesco Ltd. lifted its holdings in Graphic Packaging by 28.8% during the 2nd quarter. Invesco Ltd. now owns 2,130,941 shares of the industrial products company’s stock valued at $44,899,000 after purchasing an additional 477,085 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in Graphic Packaging by 3.6% during the 2nd quarter. First Trust Advisors LP now owns 1,002,964 shares of the industrial products company’s stock valued at $21,133,000 after purchasing an additional 34,790 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors.

Graphic Packaging Trading Up 1.8%

Shares of NYSE GPK opened at $11.61 on Friday. Graphic Packaging Holding Company has a 1-year low of $8.78 and a 1-year high of $23.47. The company has a 50-day moving average of $11.00 and a two-hundred day moving average of $10.78. The company has a market cap of $3.44 billion, a PE ratio of 17.59 and a beta of 0.66. The company has a current ratio of 1.38, a quick ratio of 0.60 and a debt-to-equity ratio of 1.58.

Graphic Packaging (NYSE:GPK) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share 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 business had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter last year, the business posted $0.42 earnings per share. Graphic Packaging’s revenue for the quarter 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, equities analysts expect 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 declared a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be issued a $0.11 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 annualized dividend and a yield of 3.8%. Graphic Packaging’s dividend payout ratio (DPR) is currently 66.67%.

Analysts Set New Price Targets

GPK has been the topic of several research analyst reports. Robert W. Baird set a $13.00 price objective on shares of Graphic Packaging in a research note on Wednesday, May 6th. Wells Fargo & Company lifted their target price on shares of Graphic Packaging from $9.00 to $10.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Citigroup boosted their target price on Graphic Packaging from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. started coverage on Graphic Packaging in a research report on Monday, June 29th. They set a “neutral” rating and a $11.70 price target on the stock. Finally, Bank of America started coverage on Graphic Packaging in a report on Tuesday, July 14th. They set a “neutral” rating and a $12.00 price target for the company. Nine analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $11.14.

Graphic Packaging Profile

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.