Graphic Packaging (NYSE:GPK) Hits New 52-Week Low – Here’s What Happened

Shares of Graphic Packaging Holding Company (NYSE:GPK) reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $8.30 and last traded at $8.2450, with a volume of 552311 shares changing hands. The stock had previously closed at $8.52.

Wall Street Analysts Forecast Growth

Several research firms have commented on GPK. Weiss Ratings reissued a “sell (d+)” rating on shares of Graphic Packaging in a research report on Monday, September 21st. UBS Group reduced their price target on Graphic Packaging from $12.00 to $9.50 and set a “neutral” rating for the company in a research report on Monday. Citigroup lowered their price objective on Graphic Packaging from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, October 2nd. Wells Fargo & Company boosted their target price on Graphic Packaging from $9.00 to $10.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Finally, Bank of America decreased their target price on Graphic Packaging from $14.00 to $13.00 and set a “neutral” rating for the company in a research report on Friday, September 11th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $10.73.

Graphic Packaging Stock Performance

The company has a quick ratio of 0.60, a current ratio of 1.38 and a debt-to-equity ratio of 1.58. The stock’s fifty day moving average is $10.46 and its two-hundred day moving average is $10.33. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 12.63 and a beta of 0.66.

Graphic Packaging (NYSE:GPK) last posted its 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. The business had revenue of $2.19 billion for 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 firm’s revenue was down .7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.42 EPS. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. On average, analysts predict that Graphic Packaging Holding Company will post 0.72 earnings per share for the current year.

Graphic Packaging Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.11 per share. The ex-dividend date was Tuesday, September 15th. This represents a $0.44 annualized dividend and a yield of 5.3%. Graphic Packaging’s dividend payout ratio (DPR) is 66.67%.

Institutional Trading of Graphic Packaging

Several institutional investors have recently added to or reduced their stakes in the company. QRG Capital Management Inc. lifted its holdings in shares of Graphic Packaging by 111.0% during the second quarter. QRG Capital Management Inc. now owns 21,570 shares of the industrial products company’s stock worth $228,000 after buying an additional 11,345 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings 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 valued at $696,000 after purchasing an additional 21,039 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of Graphic Packaging by 135.3% during 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. Engineers Gate Manager LP increased its holdings in shares of Graphic Packaging by 60.9% during the second quarter. Engineers Gate Manager LP now owns 444,472 shares of the industrial products company’s stock worth $4,698,000 after purchasing an additional 168,171 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of Graphic Packaging in the second quarter valued at approximately $145,000. 99.67% of the stock is currently owned by institutional investors.

About Graphic Packaging

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.