Maple Rock Capital Partners Inc. purchased a new position in shares of Graphic Packaging Holding Company (NYSE:GPK – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,099,800 shares of the industrial products company’s stock, valued at approximately $43,335,000. Maple Rock Capital Partners Inc. owned about 1.38% of Graphic Packaging at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the business. BTG Pactual Asset Management US LLC boosted its holdings in shares of Graphic Packaging by 33.7% in the 2nd quarter. BTG Pactual Asset Management US LLC now owns 28,101 shares of the industrial products company’s stock valued at $297,000 after acquiring an additional 7,077 shares during the last quarter. Moore Capital Management LP purchased a new stake in Graphic Packaging in the second quarter valued at $4,834,000. Private Management Group Inc. grew its position in Graphic Packaging by 28.7% during the 2nd quarter. Private Management Group Inc. now owns 1,736,212 shares of the industrial products company’s stock worth $18,352,000 after purchasing an additional 387,551 shares during the period. Greenleaf Trust purchased a new position in shares of Graphic Packaging during the 2nd quarter valued at about $251,000. Finally, Hsbc Holdings PLC lifted its holdings in shares of Graphic Packaging by 83.8% in the 2nd quarter. Hsbc Holdings PLC now owns 592,968 shares of the industrial products company’s stock valued at $6,279,000 after buying an additional 270,382 shares during the period. 99.67% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
GPK has been the topic of several analyst reports. Wells Fargo & Company raised their target price on Graphic Packaging from $9.00 to $10.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. 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 price objective on the stock. Zacks Research raised shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. UBS Group lifted their target price 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. Finally, Bank of America began 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. Nine analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $11.14.
Graphic Packaging Price Performance
Shares of Graphic Packaging stock opened at $11.23 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 1.38 and a debt-to-equity ratio of 1.58. Graphic Packaging Holding Company has a twelve month low of $8.78 and a twelve month high of $22.42. The business has a 50-day moving average price of $11.11 and a 200 day moving average price of $10.68. The firm 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 issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $2.18 billion. During the same quarter in the prior year, the business posted $0.42 earnings per share. Graphic Packaging’s revenue for the quarter was down .7% on a year-over-year basis. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Sell-side analysts predict that Graphic Packaging Holding Company will post 0.71 earnings per share for the current fiscal year.
Graphic Packaging Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.11 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.9%. Graphic Packaging’s dividend payout ratio (DPR) is 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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