Fifth Third Bancorp Increases Stock Holdings in Graphic Packaging Holding Company $GPK

Fifth Third Bancorp boosted its holdings in Graphic Packaging Holding Company (NYSE:GPK) by 7,834.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 418,231 shares of the industrial products company’s stock after buying an additional 412,960 shares during the quarter. Fifth Third Bancorp’s holdings in Graphic Packaging were worth $4,157,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GPK. NewEdge Advisors LLC boosted its stake 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 last quarter. Farther Finance Advisors LLC increased its stake in shares of Graphic Packaging by 17.1% during the 4th quarter. Farther Finance Advisors LLC now owns 4,450 shares of the industrial products company’s stock valued at $67,000 after acquiring an additional 651 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of 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 valued at $1,497,000 after acquiring an additional 660 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Graphic Packaging by 5.4% during the 2nd quarter. Hsbc Holdings PLC now owns 15,485 shares of the industrial products company’s stock worth $326,000 after acquiring an additional 791 shares during the period. Finally, one8zero8 LLC boosted its position in shares of Graphic Packaging by 8.7% in the fourth quarter. one8zero8 LLC now owns 12,500 shares of the industrial products company’s stock worth $188,000 after acquiring an additional 1,000 shares during the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Graphic Packaging Stock Down 2.8%

Shares of NYSE:GPK opened at $10.82 on Friday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.59 and a current ratio of 1.41. Graphic Packaging Holding Company has a 1 year low of $8.78 and a 1 year high of $23.76. The stock has a market capitalization of $3.20 billion, a P/E ratio of 11.76 and a beta of 0.66. The stock has a 50-day simple moving average of $10.51 and a 200-day simple moving average of $11.45.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $0.09 EPS 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 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 for the quarter was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. Equities analysts forecast that Graphic Packaging Holding Company will post 0.75 earnings per share for the current year.

Graphic Packaging Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 15th were given a $0.11 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 4.1%. Graphic Packaging’s dividend payout ratio is presently 47.83%.

Insider Activity at Graphic Packaging

In other Graphic Packaging news, Director Jeffrey Stafeil bought 17,878 shares of the business’s stock in a transaction dated 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 purchase, the director owned 17,878 shares in the company, valued at approximately $200,054.82. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Truist Financial lowered their target price 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. Zacks Research raised shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft started coverage on shares of Graphic Packaging in a report on Wednesday, April 1st. They issued a “hold” rating and a $9.60 price target on the stock. Robert W. Baird set a $13.00 price objective on Graphic Packaging in a report on Wednesday, May 6th. Finally, Citigroup increased their target price on Graphic Packaging from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Nine research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Graphic Packaging presently has an average rating of “Reduce” and a consensus target price of $11.03.

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.