517,678 Shares in Graphic Packaging Holding Company $GPK Bought by 683 Capital Management LLC

683 Capital Management LLC purchased a new stake in Graphic Packaging Holding Company (NYSE:GPKFree Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 517,678 shares of the industrial products company’s stock, valued at approximately $7,796,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC increased its stake in Graphic Packaging by 2.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 19,512,601 shares of the industrial products company’s stock valued at $295,616,000 after purchasing an additional 373,624 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Graphic Packaging by 18.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,728,031 shares of the industrial products company’s stock valued at $176,626,000 after purchasing an additional 1,824,110 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Graphic Packaging by 32.6% in the third quarter. JPMorgan Chase & Co. now owns 11,501,251 shares of the industrial products company’s stock valued at $225,080,000 after purchasing an additional 2,828,094 shares in the last quarter. State Street Corp increased its stake in Graphic Packaging by 0.8% in the fourth quarter. State Street Corp now owns 9,877,303 shares of the industrial products company’s stock valued at $149,808,000 after purchasing an additional 81,300 shares in the last quarter. Finally, UBS Group AG increased its stake in Graphic Packaging by 123.8% in the fourth quarter. UBS Group AG now owns 9,026,134 shares of the industrial products company’s stock valued at $135,934,000 after purchasing an additional 4,992,179 shares in the last quarter. 99.67% of the stock is owned by institutional investors.

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Graphic Packaging Stock Performance

NYSE GPK opened at $10.64 on Thursday. The company’s 50 day moving average is $10.19 and its 200-day moving average is $12.18. Graphic Packaging Holding Company has a 12-month low of $8.78 and a 12-month 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 has a market cap of $3.15 billion, a P/E ratio of 11.57 and a beta of 0.66.

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

Graphic Packaging Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Monday, June 15th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Monday, June 15th. Graphic Packaging’s dividend payout ratio is 47.83%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Royal Bank Of Canada decreased their price target on shares of Graphic Packaging from $13.00 to $10.00 and set a “sector perform” rating for the company in a research note on Friday, March 20th. Wells Fargo & Company reduced their price objective on shares of Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Tuesday, April 14th. Zacks Research upgraded shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Truist Financial reduced their price objective on shares of Graphic Packaging from $14.00 to $11.00 and set a “hold” rating for the company in a report on Wednesday, April 15th. Finally, Citigroup lifted their price objective on shares of Graphic Packaging from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Nine equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Graphic Packaging has an average rating of “Reduce” and a consensus target price of $12.33.

Read Our Latest Research Report on GPK

Insiders Place Their Bets

In other news, Director Jeffrey Stafeil bought 17,878 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average price of $11.19 per share, with a total value of $200,054.82. Following the acquisition, the director owned 17,878 shares of the company’s stock, valued at approximately $200,054.82. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.50% of the company’s stock.

About Graphic Packaging

(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.

See Also

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Institutional Ownership by Quarter for Graphic Packaging (NYSE:GPK)

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