Inspire Investing LLC raised its position in Graphic Packaging Holding Company (NYSE:GPK – Free Report) by 290,654.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 69,781 shares of the industrial products company’s stock after acquiring an additional 69,757 shares during the period. Inspire Investing LLC’s holdings in Graphic Packaging were worth $632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc bought a new position in shares of Graphic Packaging during the 2nd quarter worth $25,000. Physician Wealth Advisors Inc. increased its holdings in Graphic Packaging by 2,321.1% in the 1st quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 3,087 shares during the last quarter. Versant Capital Management Inc increased its holdings in Graphic Packaging by 1,075.7% in the 2nd quarter. Versant Capital Management Inc now owns 3,480 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 3,184 shares during the last quarter. Bessemer Group Inc. raised its stake in Graphic Packaging by 259.4% in the 1st quarter. Bessemer Group Inc. now owns 4,148 shares of the industrial products company’s stock valued at $41,000 after acquiring an additional 2,994 shares during the period. Finally, Nykredit A S bought a new stake in Graphic Packaging in the 2nd quarter valued at about $50,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a report on Monday, September 21st. Truist Financial reduced their target price on shares of Graphic Packaging from $11.00 to $9.00 and set a “hold” rating for the company in a research note on Monday, October 12th. Bank of America reduced their target price on shares of Graphic Packaging from $14.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday, September 11th. JPMorgan Chase & Co. raised shares of Graphic Packaging from a “neutral” rating to an “overweight” rating and lowered their price target for the company from $12.50 to $11.50 in a research report on Wednesday, September 23rd. Finally, Citigroup dropped their price target on shares of Graphic Packaging from $13.00 to $9.00 and set a “neutral” rating on the stock in a research note on Friday, October 2nd. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $10.29.
Check Out Our Latest Analysis on GPK
Graphic Packaging Price Performance
Graphic Packaging stock opened at $8.96 on Friday. The firm has a market capitalization of $2.65 billion, a P/E ratio of 13.58 and a beta of 0.66. Graphic Packaging Holding Company has a one year low of $8.15 and a one year high of $17.22. 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 fifty day moving average price of $9.47 and a 200-day moving average price of $10.73.
Graphic Packaging (NYSE:GPK – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The company had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.18 billion. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.42 EPS. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. As a group, equities research analysts forecast that Graphic Packaging Holding Company will post 0.69 EPS for the current year.
Graphic Packaging Profile
Graphic Packaging Holding Company, through its subsidiary Graphic Packaging International, develops and manufactures fiber-based packaging products for consumer goods companies. Its offerings include paperboard folding cartons, beverage carriers, cups, foodservice packaging, and other packaging solutions designed for products sold in grocery, foodservice, beverage, and household markets.
The company serves brand owners and manufacturers across a range of end markets, including food, beverage, consumer packaged goods, and foodservice.
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