Letko Brosseau & Associates Inc. Boosts Position in Graphic Packaging Holding Company $GPK

Letko Brosseau & Associates Inc. grew its position in shares of Graphic Packaging Holding Company (NYSE:GPK) by 66.3% during the fourth quarter, HoldingsChannel reports. The firm owned 3,451,510 shares of the industrial products company’s stock after buying an additional 1,376,575 shares during the period. Letko Brosseau & Associates Inc.’s holdings in Graphic Packaging were worth $51,980,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GPK. AQR Capital Management LLC raised its stake in shares of Graphic Packaging by 36.6% during the first quarter. AQR Capital Management LLC now owns 171,608 shares of the industrial products company’s stock valued at $4,453,000 after purchasing an additional 45,944 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Graphic Packaging by 9.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,471,519 shares of the industrial products company’s stock valued at $38,201,000 after purchasing an additional 132,692 shares during the period. Hsbc Holdings PLC raised its stake in shares of Graphic Packaging by 5.4% during the second quarter. Hsbc Holdings PLC now owns 15,485 shares of the industrial products company’s stock valued at $326,000 after purchasing an additional 791 shares during the period. Invesco Ltd. raised its stake in shares of Graphic Packaging by 28.8% during the second quarter. Invesco Ltd. now owns 2,130,941 shares of the industrial products company’s stock valued at $44,899,000 after purchasing an additional 477,085 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of Graphic Packaging by 3.6% during the second quarter. First Trust Advisors LP now owns 1,002,964 shares of the industrial products company’s stock valued at $21,133,000 after purchasing an additional 34,790 shares during the period. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. UBS Group lifted their price objective 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 decreased their price target on shares of Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Tuesday, April 14th. Raymond James Financial downgraded shares of Graphic Packaging from a “market perform” rating to an “underperform” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Graphic Packaging in a research report on Wednesday, April 1st. They set a “hold” rating and a $9.60 price target for the company. Finally, Citigroup raised their price target on shares of Graphic Packaging from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Nine analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Graphic Packaging presently has an average rating of “Reduce” and an average price target of $12.33.

Trending Headlines about Graphic Packaging

Here are the key news stories impacting Graphic Packaging this week:

• Positive Sentiment: Graphic Packaging’s presentation at the Wells Fargo Industrials & Materials Conference may have reinforced management’s message on the business and outlook, helping support investor confidence. Graphic Packaging Holding Company (GPK) Presents at 16th Annual Wells Fargo Industrials & Materials Conference Transcript
• Neutral Sentiment: The company is drawing more index-related attention, including coverage tied to the Russell 1000, which may be adding visibility but does not appear to be a direct fundamental catalyst. Why Is Graphic Packaging Holding Gaining Attention in the Russell 1000 Index?
• Negative Sentiment: Multiple law firms announced or repeated class-action efforts against Graphic Packaging Holding Company (GPK), creating an ongoing legal overhang and potential distraction for investors. Pomerantz Law Firm Announces the Filing of a Class Action Against Graphic Packaging Holding Company and Certain Former Officers – GPK
• Negative Sentiment: Yahoo Finance highlighted that Graphic Packaging Holding (GPK) is being hurt by a weaker low-end consumer, pointing to demand pressure that could weigh on packaging volumes and margins. Graphic Packaging Holding (GPK) Hurt by Weaker Low-End Consumer

Graphic Packaging Stock Up 2.5%

GPK stock opened at $10.79 on Wednesday. Graphic Packaging Holding Company has a twelve month low of $8.78 and a twelve month high of $23.76. The company has a current ratio of 1.41, a quick ratio of 0.59 and a debt-to-equity ratio of 1.60. The company has a market capitalization of $3.19 billion, a P/E ratio of 11.72 and a beta of 0.66. The firm has a 50 day simple moving average of $10.06 and a 200-day simple moving average of $12.40.

Graphic Packaging (NYSE:GPK) last released its quarterly 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 during the quarter, compared to the consensus estimate of $2.05 billion. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.51 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. On average, equities research analysts predict that Graphic Packaging Holding Company will post 0.85 earnings per share for the current fiscal year.

Graphic Packaging Dividend Announcement

The firm also recently disclosed 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 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 payout ratio is currently 47.83%.

Insider Buying and Selling

In other Graphic Packaging news, Director Jeffrey Stafeil acquired 17,878 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was purchased at an average price of $11.19 per share, with a total value of $200,054.82. Following the completion of the acquisition, the director directly owned 17,878 shares in the company, valued at $200,054.82. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.50% of the stock is currently owned by corporate insiders.

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.