Graphic Packaging Holding Company (NYSE:GPK) Given Average Rating of “Reduce” by Brokerages

Shares of Graphic Packaging Holding Company (NYSE:GPK) have received an average recommendation of “Reduce” from the eleven analysts that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation and eight have issued a hold recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $12.3250.

A number of equities analysts recently issued reports on the company. Raymond James Financial cut Graphic Packaging from a “market perform” rating to an “underperform” rating in a report on Tuesday, April 21st. Wells Fargo & Company dropped their price objective on Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Tuesday, April 14th. Truist Financial dropped their price objective on Graphic Packaging from $14.00 to $11.00 and set a “hold” rating for the company in a report on Wednesday, April 15th. Royal Bank Of Canada dropped their price objective on Graphic Packaging from $13.00 to $10.00 and set a “sector perform” rating for the company in a report on Friday, March 20th. Finally, Robert W. Baird set a $13.00 price objective on Graphic Packaging in a report on Wednesday, May 6th.

Insider Buying and Selling at Graphic Packaging

In other news, Director Jeffrey Stafeil bought 17,878 shares of the stock in a transaction on Thursday, May 7th. The stock was acquired at an average cost of $11.19 per share, for a total transaction of $200,054.82. Following the acquisition, the director owned 17,878 shares of the company’s stock, valued at $200,054.82. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Graphic Packaging

Several hedge funds have recently made changes to their positions in the company. Empowered Funds LLC purchased a new stake in shares of Graphic Packaging in the 1st quarter worth $151,000. Glenmede Trust Co. NA lifted its holdings in shares of Graphic Packaging by 84.7% in the 1st quarter. Glenmede Trust Co. NA now owns 905,924 shares of the industrial products company’s stock worth $9,005,000 after buying an additional 415,477 shares during the period. Bank of America Corp DE lifted its holdings in shares of Graphic Packaging by 16.0% in the 1st quarter. Bank of America Corp DE now owns 3,913,194 shares of the industrial products company’s stock worth $38,897,000 after buying an additional 538,810 shares during the period. Seven Six Capital Management LLC lifted its holdings in shares of Graphic Packaging by 2.1% in the 1st quarter. Seven Six Capital Management LLC now owns 579,206 shares of the industrial products company’s stock worth $5,757,000 after buying an additional 11,706 shares during the period. Finally, Bull Harbor Capital LLC purchased a new stake in shares of Graphic Packaging in the 1st quarter worth $172,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Graphic Packaging Stock Performance

NYSE GPK opened at $11.00 on Friday. The company has a market cap of $3.25 billion, a P/E ratio of 11.95 and a beta of 0.66. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.59 and a current ratio of 1.41. The business’s 50 day moving average price is $10.33 and its 200-day moving average price is $11.94. Graphic Packaging has a fifty-two week low of $8.78 and a fifty-two week high of $23.76.

Graphic Packaging (NYSE:GPK) last released its earnings results on Tuesday, May 5th. The industrial products company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.03. The firm had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.05 billion. Graphic Packaging had a return on equity of 12.62% and a net margin of 3.17%.The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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 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. Shareholders of record on Monday, June 15th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Monday, June 15th. Graphic Packaging’s dividend payout ratio is currently 47.83%.

Graphic Packaging Company 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.