Empowered Funds LLC Takes $1.72 Million Position in Graphic Packaging Holding Company $GPK

Empowered Funds LLC purchased a new position in shares of Graphic Packaging Holding Company (NYSE:GPK) in the second quarter, Holdings Channel.com reports. The fund purchased 162,770 shares of the industrial products company’s stock, valued at approximately $1,720,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Eminence Capital LP lifted its holdings in shares of Graphic Packaging by 67.5% in the fourth quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company’s stock worth $192,948,000 after acquiring an additional 5,163,806 shares during the last quarter. Manning & Napier Advisors LLC boosted its stake in shares of Graphic Packaging by 279.3% in the 4th quarter. Manning & Napier Advisors LLC now owns 132,763 shares of the industrial products company’s stock valued at $1,999,000 after purchasing an additional 97,763 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in shares of Graphic Packaging by 51.7% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 6,195,333 shares of the industrial products company’s stock valued at $93,302,000 after purchasing an additional 2,111,157 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Graphic Packaging by 16.0% during the 1st quarter. Bank of America Corp DE now owns 3,913,194 shares of the industrial products company’s stock valued at $38,897,000 after purchasing an additional 538,810 shares during the last quarter. Finally, Norges Bank acquired a new position in Graphic Packaging during the 4th quarter worth approximately $54,031,000. 99.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Graphic Packaging in a research note on Wednesday, June 24th. JPMorgan Chase & Co. assumed coverage on shares of Graphic Packaging in a research note on Monday, June 29th. They set a “neutral” rating and a $11.70 target price on the stock. Zacks Research upgraded shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. UBS Group increased their price target on Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, Citigroup raised their price objective on Graphic Packaging from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Nine research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $11.14.

Graphic Packaging Stock Performance

Graphic Packaging stock opened at $10.69 on Friday. The business has a 50 day moving average of $11.12 and a 200-day moving average of $10.65. Graphic Packaging Holding Company has a 1 year low of $8.78 and a 1 year high of $21.71. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.38 and a quick ratio of 0.60. The company has a market capitalization of $3.17 billion, a P/E ratio of 16.20 and a beta of 0.65.

Graphic Packaging (NYSE:GPK) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. Graphic Packaging had a net margin of 2.25% and a return on equity of 9.95%. The business had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same period last year, the company earned $0.42 EPS. The firm’s revenue 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, equities research analysts predict that Graphic Packaging Holding Company will post 0.72 earnings per share for the current year.

Graphic Packaging Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Tuesday, September 15th. Graphic Packaging’s payout ratio is 66.67%.

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.