Graphic Packaging Holding Company $GPK Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. cut its stake in Graphic Packaging Holding Company (NYSE:GPK) by 69.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 33,980 shares of the industrial products company’s stock after selling 76,312 shares during the quarter. Pacer Advisors Inc.’s holdings in Graphic Packaging were worth $338,000 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 the stock. Skylands Capital LLC grew its holdings in shares of Graphic Packaging by 60.3% in the 4th quarter. Skylands Capital LLC now owns 384,900 shares of the industrial products company’s stock worth $5,797,000 after acquiring an additional 144,850 shares during the period. Eminence Capital LP increased 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 in the last quarter. UBS Group AG raised its holdings in Graphic Packaging by 123.8% during the fourth 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 during the last quarter. Manning & Napier Advisors LLC raised its holdings in Graphic Packaging by 279.3% during the fourth quarter. Manning & Napier Advisors LLC now owns 132,763 shares of the industrial products company’s stock worth $1,999,000 after purchasing an additional 97,763 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC boosted its position in Graphic Packaging by 51.7% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 6,195,333 shares of the industrial products company’s stock worth $93,302,000 after purchasing an additional 2,111,157 shares in the last quarter. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on GPK shares. JPMorgan Chase & Co. started coverage on Graphic Packaging in a report on Monday, June 29th. They issued a “neutral” rating and a $11.70 target price on the stock. Robert W. Baird set a $13.00 price objective on shares of Graphic Packaging in a research report on Wednesday, May 6th. UBS Group increased their price objective on shares of Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Raymond James Financial downgraded shares of Graphic Packaging from a “market perform” rating to an “underperform” rating in a report on Tuesday, April 21st. Finally, Truist Financial cut their target price on shares of Graphic Packaging from $14.00 to $11.00 and set a “hold” rating for the company in a research report on Wednesday, April 15th. Nine research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $11.14.

Graphic Packaging Stock Performance

Graphic Packaging stock opened at $11.96 on Wednesday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.60 and a current ratio of 1.38. The stock has a fifty day moving average of $10.88 and a two-hundred day moving average of $10.95. The company has a market capitalization of $3.54 billion, a price-to-earnings ratio of 18.12 and a beta of 0.66. Graphic Packaging Holding Company has a fifty-two week low of $8.78 and a fifty-two week high of $23.47.

Graphic Packaging (NYSE:GPK) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The company had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.18 billion. During the same period in the previous year, the firm posted $0.42 earnings per share. The business’s revenue for the quarter was down .7% compared to the same quarter last year. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. On average, analysts anticipate that Graphic Packaging Holding Company will post 0.7 EPS for the current fiscal year.

Graphic Packaging Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.44 annualized dividend and a yield of 3.7%. Graphic Packaging’s payout ratio is presently 66.67%.

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.