Graphic Packaging Holding Company (NYSE:GPK) Stock Now Rated “Reduce” by Sell-Side Analysts

Graphic Packaging Holding Company (NYSE:GPK – Get Free Report) has been assigned an average rating of “Reduce” from the twelve ratings firms that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating, eight have given a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $10.73.

Several brokerages recently issued reports on GPK. Royal Bank Of Canada cut their target price on Graphic Packaging from $11.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Wednesday, September 30th. Citigroup decreased their price target on Graphic Packaging from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Friday, October 2nd. JPMorgan Chase & Co. raised Graphic Packaging from a “neutral” rating to an “overweight” rating and lowered their price target for the company from $12.50 to $11.50 in a research report on Wednesday, September 23rd. Bank of America dropped their price objective on Graphic Packaging from $14.00 to $13.00 and set a “neutral” rating on the stock in a research note on Friday, September 11th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Graphic Packaging in a research note on Monday, September 21st.

Check Out Our Latest Stock Analysis on Graphic Packaging

Graphic Packaging Price Performance

GPK stock opened at $8.37 on Tuesday. The company has a market capitalization of $2.48 billion, a P/E ratio of 12.67 and a beta of 0.66. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.60 and a current ratio of 1.38. Graphic Packaging has a 52-week low of $8.21 and a 52-week high of $18.25. The business has a 50-day simple moving average of $10.36 and a two-hundred day simple moving average of $10.32.

Graphic Packaging (NYSE:GPK – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $2.19 billion during the quarter, compared to analyst estimates 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 for the quarter was down .7% on a year-over-year basis. During the same period in the previous year, the company posted $0.42 EPS. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Research analysts expect that Graphic Packaging will post 0.72 EPS for the current fiscal year.

Graphic Packaging Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th were paid a $0.11 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.44 annualized dividend and a dividend yield of 5.3%. Graphic Packaging’s dividend payout ratio is presently 66.67%.

Institutional Trading of Graphic Packaging

Institutional investors and hedge funds have recently made changes to their positions in the company. LifeGoal Investments LLC bought a new position in shares of Graphic Packaging during the third quarter valued at about $92,000. Gradient Investments LLC boosted its holdings in Graphic Packaging by 2.4% during the third quarter. Gradient Investments LLC now owns 114,623 shares of the industrial products company’s stock worth $1,037,000 after purchasing an additional 2,680 shares during the last quarter. QRG Capital Management Inc. grew its position in Graphic Packaging by 111.0% in the 2nd quarter. QRG Capital Management Inc. now owns 21,570 shares of the industrial products company’s stock worth $228,000 after purchasing an additional 11,345 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Graphic Packaging by 46.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 65,870 shares of the industrial products company’s stock worth $696,000 after purchasing an additional 21,039 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in Graphic Packaging by 135.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 63,784 shares of the industrial products company’s stock worth $674,000 after purchasing an additional 36,682 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

About Graphic Packaging

(Get Free Report)

Graphic Packaging Holding Company (NYSE: GPK) is a provider of fiber-based packaging solutions for consumer products companies. Through its Graphic Packaging International subsidiary, the company designs and manufactures paperboard cartons, cups, trays and other packaging products used to package food, beverages and household and personal-care products.

The company also supplies packaging machinery and integrated packaging systems, including equipment used to form, fill and seal cartons and cups.

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Analyst Recommendations for Graphic Packaging (NYSE:GPK)

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