Pullen Investment Management LLC Buys 49,796 Shares of Graphic Packaging Holding Company $GPK

Pullen Investment Management LLC grew its stake in shares of Graphic Packaging Holding Company (NYSE:GPK) by 39.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 174,749 shares of the industrial products company’s stock after buying an additional 49,796 shares during the period. Pullen Investment Management LLC’s holdings in Graphic Packaging were worth $1,737,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GPK. AQR Capital Management LLC increased its holdings in Graphic Packaging by 36.6% during the 1st quarter. AQR Capital Management LLC now owns 171,608 shares of the industrial products company’s stock worth $4,453,000 after acquiring an additional 45,944 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Graphic Packaging by 9.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,471,519 shares of the industrial products company’s stock valued at $38,201,000 after purchasing an additional 132,692 shares during the period. Hsbc Holdings PLC boosted its holdings in Graphic Packaging by 5.4% in the 2nd quarter. Hsbc Holdings PLC now owns 15,485 shares of the industrial products company’s stock valued at $326,000 after purchasing an additional 791 shares during the period. Invesco Ltd. grew its position in shares of 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 in the last quarter. Finally, First Trust Advisors LP grew its position in shares of 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 in the last quarter. 99.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GPK has been the topic of a number of recent analyst reports. Robert W. Baird set a $13.00 price objective on Graphic Packaging in a research report on Wednesday, May 6th. Zacks Research raised Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Wells Fargo & Company reduced their target price on Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Tuesday, April 14th. Royal Bank Of Canada decreased their target price on 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. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a report on Friday, March 27th. Nine equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $12.32.

Insider Buying and Selling

In other news, Director Jeffrey Stafeil purchased 17,878 shares of the stock in a transaction on Thursday, May 7th. The shares were acquired at an average price of $11.19 per share, for a total transaction of $200,054.82. Following the completion of the transaction, 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 position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 1.50% of the stock is currently owned by corporate insiders.

Graphic Packaging Price Performance

GPK stock opened at $10.73 on Friday. The firm has a 50 day simple moving average of $10.24 and a two-hundred day simple moving average of $12.14. The stock has a market cap of $3.17 billion, a PE ratio of 11.66 and a beta of 0.66. Graphic Packaging Holding Company has a one year low of $8.78 and a one year high of $23.76. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.41 and a quick ratio of 0.59.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.03. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. The firm had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the company posted $0.51 EPS. The business’s quarterly revenue was up 1.7% on a year-over-year basis. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. On average, analysts predict that Graphic Packaging Holding Company will post 0.85 EPS for the current fiscal year.

Graphic Packaging Dividend Announcement

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. This represents a $0.44 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Monday, June 15th. Graphic Packaging’s dividend payout ratio is currently 47.83%.

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.