Bank of New York Mellon Corp Buys 251,792 Shares of Graphic Packaging Holding Company $GPK

Bank of New York Mellon Corp lifted its stake in shares of Graphic Packaging Holding Company (NYSE:GPK) by 14.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,032,482 shares of the industrial products company’s stock after buying an additional 251,792 shares during the quarter. Bank of New York Mellon Corp’s holdings in Graphic Packaging were worth $20,203,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Skylands Capital LLC lifted its position in Graphic Packaging by 60.3% during the fourth quarter. Skylands Capital LLC now owns 384,900 shares of the industrial products company’s stock valued at $5,797,000 after buying an additional 144,850 shares during the period. Eminence Capital LP lifted its position in Graphic Packaging by 67.5% during the 4th quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company’s stock valued at $192,948,000 after acquiring an additional 5,163,806 shares during the period. Tudor Investment Corp ET AL purchased a new stake in Graphic Packaging in the third quarter worth about $2,360,000. SG Americas Securities LLC increased its stake in shares of Graphic Packaging by 673.5% during the fourth quarter. SG Americas Securities LLC now owns 165,245 shares of the industrial products company’s stock valued at $2,489,000 after purchasing an additional 143,882 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of 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 valued at $135,934,000 after purchasing an additional 4,992,179 shares during the last quarter. 99.67% of the stock is owned by institutional investors.

Graphic Packaging Trading Down 2.9%

Graphic Packaging stock opened at $11.31 on Thursday. Graphic Packaging Holding Company has a 52-week low of $8.78 and a 52-week high of $23.47. The company has a market cap of $3.35 billion, a P/E ratio of 12.30 and a beta of 0.66. The company has a quick ratio of 0.59, a current ratio of 1.41 and a debt-to-equity ratio of 1.60. The business has a 50-day simple moving average of $10.72 and a two-hundred day simple moving average of $11.19.

Graphic Packaging (NYSE:GPK) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.03. The business had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. The firm’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.51 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. Analysts predict that Graphic Packaging Holding Company will post 0.75 EPS for the current year.

Graphic Packaging Dividend Announcement

The business 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 payout ratio is 47.83%.

Insider Transactions at Graphic Packaging

In related news, Director Jeffrey Stafeil purchased 17,878 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was acquired 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 owned 17,878 shares of the company’s stock, valued at approximately $200,054.82. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Citigroup upped their price target on Graphic Packaging from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Wells Fargo & Company raised their price target on Graphic Packaging from $8.00 to $9.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. Bank of America assumed coverage on shares of Graphic Packaging in a research report on Tuesday, July 14th. They set a “neutral” rating and a $12.00 price objective on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Graphic Packaging in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. began coverage on shares of Graphic Packaging in a research report on Monday, June 29th. They set a “neutral” rating and a $11.70 price target for the company. Nine analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Graphic Packaging presently has a consensus rating of “Reduce” and an average price target 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.