Graphic Packaging Holding Company $GPK Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in Graphic Packaging Holding Company (NYSE:GPK) by 43.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 322,586 shares of the industrial products company’s stock after buying an additional 97,132 shares during the quarter. Hsbc Holdings PLC’s holdings in Graphic Packaging were worth $3,102,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its position in shares of Graphic Packaging by 503.6% during the fourth quarter. AQR Capital Management LLC now owns 8,693,765 shares of the industrial products company’s stock worth $130,928,000 after purchasing an additional 7,253,473 shares in the last quarter. Eminence Capital LP raised its stake in 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 valued at $192,948,000 after purchasing an additional 5,163,806 shares during the last quarter. UBS Group AG lifted its holdings 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 valued at $135,934,000 after purchasing an additional 4,992,179 shares in the last quarter. Norges Bank purchased a new position in Graphic Packaging in the 4th quarter valued at $54,031,000. Finally, Milford Funds Ltd. acquired a new stake in Graphic Packaging during the 4th quarter worth $43,374,000. 99.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on GPK. Zacks Research raised shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Weiss Ratings reissued a “sell (d+)” rating on shares of Graphic Packaging in a research note on Wednesday, June 24th. Truist Financial lowered their price target on shares of Graphic Packaging from $14.00 to $11.00 and set a “hold” rating on the stock in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Graphic Packaging in a research note on Wednesday, April 1st. They set a “hold” rating and a $9.60 price objective for the company. 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 research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $11.03.

Graphic Packaging Stock Up 0.3%

Shares of NYSE:GPK opened at $11.03 on Friday. The company has a quick ratio of 0.59, a current ratio of 1.41 and a debt-to-equity ratio of 1.60. The business has a fifty day moving average of $10.61 and a two-hundred day moving average of $11.31. The stock has a market cap of $3.26 billion, a P/E ratio of 11.98 and a beta of 0.66. Graphic Packaging Holding Company has a 52-week low of $8.78 and a 52-week high of $23.76.

Graphic Packaging (NYSE:GPK) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. Graphic Packaging had a return on equity of 12.62% and a net margin of 3.17%.The business had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same period last year, the company earned $0.51 EPS. The company’s revenue for the quarter 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, research analysts expect that Graphic Packaging Holding Company will post 0.75 earnings per share for the current year.

Graphic Packaging Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 15th were given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, June 15th. Graphic Packaging’s dividend payout ratio (DPR) is presently 47.83%.

Insider Transactions at Graphic Packaging

In other news, Director Jeffrey Stafeil bought 17,878 shares of Graphic Packaging 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 completion of 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.50% of the company’s stock.

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.