1,148,853 Shares in Graphic Packaging Holding Company $GPK Acquired by Man Group plc

Man Group plc acquired a new stake in Graphic Packaging Holding Company (NYSE:GPK) during the second quarter, Holdings Channel.com reports. The fund acquired 1,148,853 shares of the industrial products company’s stock, valued at approximately $12,143,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP increased its stake in shares of Graphic Packaging by 282.0% in the 3rd quarter. Quarry LP now owns 1,547 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 1,142 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Graphic Packaging by 13,971.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,970 shares of the industrial products company’s stock worth $30,000 after buying an additional 1,956 shares during the last quarter. Danske Bank A S bought a new stake in shares of Graphic Packaging during the 3rd quarter worth $45,000. Bell Investment Advisors Inc acquired a new stake in Graphic Packaging in the second quarter valued at about $25,000. Finally, Physician Wealth Advisors Inc. boosted its stake in Graphic Packaging by 2,321.1% in the first quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company’s stock valued at $32,000 after buying an additional 3,087 shares in the last quarter. 99.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Zacks Research raised Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Wells Fargo & Company lifted their price target on shares of Graphic Packaging from $9.00 to $10.00 and gave the company an “underweight” rating in a report on Wednesday, August 5th. UBS Group upped their price objective on shares of Graphic Packaging from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Robert W. Baird set a $13.00 price objective on shares of Graphic Packaging in a research note on Wednesday, May 6th. Finally, Bank of America started coverage on shares of Graphic Packaging in a research report on Tuesday, July 14th. They issued a “neutral” rating and a $12.00 target price on the stock. Nine analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $11.14.

Graphic Packaging Price Performance

Shares of GPK opened at $11.35 on Friday. The company has a quick ratio of 0.60, a current ratio of 1.38 and a debt-to-equity ratio of 1.58. The stock has a market cap of $3.36 billion, a PE ratio of 17.19 and a beta of 0.66. Graphic Packaging Holding Company has a 12-month low of $8.78 and a 12-month high of $22.56. The business has a 50-day simple moving average of $11.07 and a two-hundred day simple moving average of $10.71.

Graphic Packaging (NYSE:GPK) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.18 billion. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same period last year, the firm posted $0.42 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Analysts anticipate that Graphic Packaging Holding Company will post 0.71 earnings per share for the current fiscal year.

Graphic Packaging Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be given a dividend of $0.11 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 annualized dividend and a yield of 3.9%. Graphic Packaging’s dividend payout ratio (DPR) is currently 66.67%.

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.