American Century Companies Inc. Reduces Position in Graphic Packaging Holding Company $GPK

American Century Companies Inc. decreased its stake in shares of Graphic Packaging Holding Company (NYSE:GPK) by 11.6% during the third quarter, HoldingsChannel reports. The firm owned 19,456,815 shares of the industrial products company’s stock after selling 2,565,532 shares during the quarter. American Century Companies Inc. owned approximately 0.07% of Graphic Packaging worth $380,770,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Transce3nd LLC raised its stake in shares of Graphic Packaging by 8.4% in the second quarter. Transce3nd LLC now owns 6,443 shares of the industrial products company’s stock worth $136,000 after purchasing an additional 500 shares during the last quarter. Elevation Point Wealth Partners LLC boosted its position in Graphic Packaging by 4.3% in the second quarter. Elevation Point Wealth Partners LLC now owns 12,280 shares of the industrial products company’s stock valued at $259,000 after buying an additional 510 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Graphic Packaging by 3.0% in the 2nd quarter. NewEdge Advisors LLC now owns 18,379 shares of the industrial products company’s stock worth $387,000 after buying an additional 539 shares during the period. ProShare Advisors LLC increased its holdings in Graphic Packaging by 4.6% in the 2nd quarter. ProShare Advisors LLC now owns 13,379 shares of the industrial products company’s stock worth $282,000 after buying an additional 588 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in Graphic Packaging by 0.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 71,049 shares of the industrial products company’s stock worth $1,497,000 after buying an additional 660 shares during the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Graphic Packaging Stock Performance

NYSE GPK opened at $12.21 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.52 and a current ratio of 1.30. The firm has a market capitalization of $3.60 billion, a P/E ratio of 8.25 and a beta of 0.62. The stock’s fifty day moving average is $14.24 and its two-hundred day moving average is $16.92. Graphic Packaging Holding Company has a fifty-two week low of $11.69 and a fifty-two week high of $28.19.

Graphic Packaging (NYSE:GPK) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.05). Graphic Packaging had a return on equity of 16.58% and a net margin of 5.15%.The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the prior year, the business earned $0.59 EPS. The firm’s quarterly revenue was up .4% on a year-over-year basis. Graphic Packaging has set its FY 2026 guidance at 0.750-1.15 EPS. On average, research analysts anticipate that Graphic Packaging Holding Company will post 2.47 earnings per share for the current year.

Graphic Packaging Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Sunday, March 15th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Friday, March 13th. Graphic Packaging’s dividend payout ratio is presently 29.73%.

Analyst Ratings Changes

GPK has been the subject of a number of research reports. Robert W. Baird set a $15.00 target price on shares of Graphic Packaging in a research report on Wednesday, February 4th. UBS Group reduced their price objective on Graphic Packaging from $19.00 to $17.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Royal Bank Of Canada set a $13.00 price objective on Graphic Packaging in a report on Wednesday, February 4th. Wells Fargo & Company dropped their target price on Graphic Packaging from $12.00 to $11.00 and set an “underweight” rating on the stock in a report on Wednesday, February 4th. Finally, Zacks Research cut Graphic Packaging from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th. Eight investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $16.63.

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.