Graphic Packaging Holding Company $GPK Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in Graphic Packaging Holding Company (NYSE:GPK) by 30.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 114,530 shares of the industrial products company’s stock after selling 50,715 shares during the quarter. SG Americas Securities LLC’s holdings in Graphic Packaging were worth $1,138,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of GPK. Allspring Global Investments Holdings LLC grew its holdings in shares of Graphic Packaging by 2.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 19,512,601 shares of the industrial products company’s stock worth $295,616,000 after acquiring an additional 373,624 shares during the period. Eminence Capital LP raised its holdings in Graphic Packaging by 67.5% during the fourth quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company’s stock worth $192,948,000 after purchasing an additional 5,163,806 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Graphic Packaging by 18.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,728,031 shares of the industrial products company’s stock worth $176,626,000 after purchasing an additional 1,824,110 shares in the last quarter. State Street Corp grew its holdings in Graphic Packaging by 0.8% in the fourth quarter. State Street Corp now owns 9,877,303 shares of the industrial products company’s stock valued at $149,808,000 after purchasing an additional 81,300 shares during the last quarter. Finally, UBS Group AG grew its holdings in Graphic Packaging by 123.8% in the fourth quarter. UBS Group AG now owns 9,026,134 shares of the industrial products company’s stock valued at $135,934,000 after purchasing an additional 4,992,179 shares during the last quarter. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Graphic Packaging Stock Performance

Graphic Packaging stock opened at $10.88 on Friday. Graphic Packaging Holding Company has a fifty-two week low of $8.78 and a fifty-two week high of $23.76. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of 11.83 and a beta of 0.66. The stock has a fifty day moving average of $10.43 and a two-hundred day moving average of $11.79. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.59 and a current ratio of 1.41.

Graphic Packaging (NYSE:GPK) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.03. The business had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.05 billion. Graphic Packaging had a return on equity of 12.62% and a net margin of 3.17%.The business’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.51 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. On average, analysts anticipate that Graphic Packaging Holding Company will post 0.78 EPS for the current fiscal year.

Graphic Packaging Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Monday, June 15th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.44 annualized dividend and a yield of 4.0%. Graphic Packaging’s payout ratio is presently 47.83%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GPK. JPMorgan Chase & Co. initiated coverage on Graphic Packaging in a research note on Monday, June 29th. They set a “neutral” rating and a $11.70 price target for the company. Royal Bank Of Canada lowered their price objective on shares of Graphic Packaging from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Friday, March 20th. Truist Financial dropped their target price on shares of Graphic Packaging from $14.00 to $11.00 and set a “hold” rating for the company in a report on Wednesday, April 15th. Wells Fargo & Company cut their target price on shares of Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Tuesday, April 14th. Finally, Raymond James Financial downgraded shares of Graphic Packaging from a “market perform” rating to an “underperform” rating in a report on Tuesday, April 21st. Nine equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Graphic Packaging currently has a consensus rating of “Reduce” and a consensus target price of $12.26.

Insider Transactions at Graphic Packaging

In other news, Director Jeffrey Stafeil purchased 17,878 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were bought at an average cost of $11.19 per share, with a total value of $200,054.82. Following the purchase, the director directly owned 17,878 shares of the company’s stock, valued at approximately $200,054.82. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.

Graphic Packaging Company 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.