Jeffrey Stafeil Purchases 17,878 Shares of Graphic Packaging (NYSE:GPK) Stock

Graphic Packaging Holding Company (NYSE:GPKGet Free Report) Director Jeffrey Stafeil bought 17,878 shares of Graphic Packaging stock in a transaction dated Thursday, May 7th. The shares were bought at an average cost of $11.19 per share, for a total transaction of $200,054.82. Following the completion of the acquisition, the director owned 17,878 shares in the company, valued at $200,054.82. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Graphic Packaging Price Performance

Shares of GPK traded down $0.42 during trading hours on Monday, hitting $10.21. 7,417,861 shares of the company were exchanged, compared to its average volume of 7,188,984. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 11.09 and a beta of 0.61. Graphic Packaging Holding Company has a fifty-two week low of $8.78 and a fifty-two week high of $23.76. 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 firm’s fifty day moving average is $10.03 and its 200 day moving average is $13.39.

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

Graphic Packaging Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Sunday, March 15th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, March 13th. Graphic Packaging’s dividend payout ratio is 47.83%.

Institutional Trading of Graphic Packaging

Hedge funds have recently made changes to their positions in the company. Quarry LP boosted its stake in shares of Graphic Packaging by 282.0% during the third quarter. Quarry LP now owns 1,547 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 1,142 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Graphic Packaging by 13,971.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,970 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 1,956 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Graphic Packaging during the third quarter worth about $31,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Graphic Packaging by 649.6% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,039 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 1,767 shares during the last quarter. Finally, Physician Wealth Advisors Inc. raised its position in shares of Graphic Packaging by 2,321.1% during the first quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 3,087 shares during the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

GPK has been the topic of several analyst reports. Citigroup increased their target price on Graphic Packaging from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Thursday. Zacks Research lowered Graphic Packaging from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a research note on Friday, March 27th. Wells Fargo & Company reduced their price objective on Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 14th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Graphic Packaging in a research note on Wednesday, April 1st. They issued a “hold” rating and a $9.60 price objective on the stock. Eight research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Graphic Packaging presently has an average rating of “Reduce” and a consensus target price of $12.33.

Read Our Latest Stock Analysis on GPK

Graphic Packaging Company Profile

(Get Free Report)

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.

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