UBS Group Raises Graphic Packaging (NYSE:GPK) Price Target to $12.00

Graphic Packaging (NYSE:GPK) had its target price increased by analysts at UBS Group from $11.00 to $12.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. UBS Group’s price target points to a potential downside of 0.84% from the company’s previous close.

GPK has been the subject of several other reports. Wells Fargo & Company increased their target price on Graphic Packaging from $9.00 to $10.00 and gave the company an “underweight” rating in a research note on Wednesday. Raymond James Financial lowered shares of Graphic Packaging from a “market perform” rating to an “underperform” rating in a research note on Tuesday, April 21st. Bank of America began coverage on Graphic Packaging in a research note on Tuesday, July 14th. They issued a “neutral” rating and a $12.00 price target for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. started coverage on Graphic Packaging in a report on Monday, June 29th. They issued a “neutral” rating and a $11.70 price target for the company. Nine equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Graphic Packaging presently has an average rating of “Reduce” and an average target price of $11.14.

Graphic Packaging Stock Performance

Shares of GPK stock opened at $12.10 on Thursday. The company’s fifty day simple moving average is $10.85 and its 200-day simple moving average is $11.03. The company has a current ratio of 1.38, a quick ratio of 0.59 and a debt-to-equity ratio of 1.58. Graphic Packaging has a 52 week low of $8.78 and a 52 week high of $23.47. The company has a market cap of $3.58 billion, a PE ratio of 18.34 and a beta of 0.66.

Graphic Packaging (NYSE:GPK) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.18 billion. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The company’s revenue was down .7% on a year-over-year basis. During the same period last year, the business posted $0.42 EPS. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. As a group, equities research analysts anticipate that Graphic Packaging will post 0.74 EPS for the current year.

Institutional Investors Weigh In On Graphic Packaging

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of Graphic Packaging in the 2nd quarter worth $440,345,000. Eminence Capital LP raised its holdings in shares of Graphic Packaging by 67.5% in the 4th 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 in the last quarter. Dimensional Fund Advisors LP lifted its stake 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 valued at $176,626,000 after purchasing an additional 1,824,110 shares during the last quarter. State Street Corp boosted its position in shares of Graphic Packaging by 0.8% in the 4th 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 period. Finally, UBS Group AG increased its stake in Graphic Packaging by 123.8% in the 4th quarter. UBS Group AG now owns 9,026,134 shares of the industrial products company’s stock worth $135,934,000 after purchasing an additional 4,992,179 shares in the last quarter. 99.67% of the stock is currently owned by institutional investors.

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.