Entropy Technologies LP Buys 185,855 Shares of Graphic Packaging Holding Company $GPK

Entropy Technologies LP boosted its stake in shares of Graphic Packaging Holding Company (NYSE:GPK) by 757.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 210,381 shares of the industrial products company’s stock after buying an additional 185,855 shares during the quarter. Entropy Technologies LP’s holdings in Graphic Packaging were worth $2,091,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Manning & Napier Advisors LLC boosted its holdings in shares of Graphic Packaging by 6,288.6% in the 1st quarter. Manning & Napier Advisors LLC now owns 8,481,670 shares of the industrial products company’s stock valued at $84,308,000 after buying an additional 8,348,907 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Graphic Packaging by 503.6% in the fourth quarter. AQR Capital Management LLC now owns 8,693,765 shares of the industrial products company’s stock valued at $130,928,000 after buying an additional 7,253,473 shares in the last quarter. Eminence Capital LP increased its holdings in Graphic Packaging by 67.5% during the fourth quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company’s stock worth $192,948,000 after buying an additional 5,163,806 shares during the last quarter. UBS Group AG increased its holdings in Graphic Packaging by 123.8% during the fourth quarter. UBS Group AG now owns 9,026,134 shares of the industrial products company’s stock worth $135,934,000 after buying an additional 4,992,179 shares during the last quarter. Finally, Norges Bank bought a new stake in Graphic Packaging during the fourth quarter worth $54,031,000. Institutional investors own 99.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GPK. UBS Group increased their price target on shares of Graphic Packaging from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Wells Fargo & Company boosted their price objective on shares of Graphic Packaging from $8.00 to $9.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 15th. Raymond James Financial cut shares of Graphic Packaging from a “market perform” rating to an “underperform” rating in a report on Tuesday, April 21st. Zacks Research upgraded shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Finally, Bank of America began coverage on Graphic Packaging in a report on Tuesday, July 14th. They set a “neutral” rating and a $12.00 price target for the company. Nine research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $11.03.

Insiders Place Their Bets

In other Graphic Packaging news, Director Jeffrey Stafeil bought 17,878 shares of the stock in a transaction dated Thursday, May 7th. The shares were bought at an average cost of $11.19 per share, with a total value of $200,054.82. Following the completion of the acquisition, the director owned 17,878 shares of the company’s stock, valued at $200,054.82. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 1.50% of the stock is owned by company insiders.

Graphic Packaging Trading Up 0.0%

GPK stock opened at $11.03 on Monday. Graphic Packaging Holding Company has a one year low of $8.78 and a one year high of $23.76. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 11.98 and a beta of 0.66. The company has a fifty day moving average price of $10.61 and a two-hundred day moving average price of $11.28. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.41 and a quick ratio of 0.59.

Graphic Packaging (NYSE:GPK) last issued its quarterly earnings data 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 company 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%. The company’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. Equities analysts anticipate that Graphic Packaging Holding Company will post 0.75 EPS for the current year.

Graphic Packaging Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 15th were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 15th. Graphic Packaging’s payout ratio is presently 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.