Graphic Packaging Holding Company (NYSE:GPK) to Issue Quarterly Dividend of $0.11

Graphic Packaging Holding Company (NYSE:GPK) announced a quarterly dividend on Wednesday, July 29th. Investors of record on Tuesday, September 15th will be given a dividend of 0.11 per share by the industrial products company on Tuesday, October 6th. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Graphic Packaging has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Graphic Packaging has a payout ratio of 17.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Graphic Packaging to earn $1.21 per share next year, which means the company should continue to be able to cover its $0.44 annual dividend with an expected future payout ratio of 36.4%.

Graphic Packaging Price Performance

NYSE:GPK opened at $11.31 on Thursday. The firm has a market cap of $3.35 billion, a P/E ratio of 12.30 and a beta of 0.66. The stock has a 50 day moving average of $10.72 and a two-hundred day moving average of $11.19. Graphic Packaging has a 12 month low of $8.78 and a 12 month high of $23.47. The company has a current ratio of 1.41, a quick ratio of 0.59 and a debt-to-equity ratio of 1.60.

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

Insider Buying and Selling at Graphic Packaging

In other news, Director Jeffrey Stafeil purchased 17,878 shares of the stock in a transaction dated Thursday, May 7th. The shares were purchased at an average price of $11.19 per share, with a total value of $200,054.82. Following the transaction, the director owned 17,878 shares in the company, valued at $200,054.82. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Graphic Packaging

Several institutional investors and hedge funds have recently bought and sold shares of GPK. Skylands Capital LLC raised its position in Graphic Packaging by 60.3% in the fourth quarter. Skylands Capital LLC now owns 384,900 shares of the industrial products company’s stock valued at $5,797,000 after purchasing an additional 144,850 shares during the period. Eminence Capital LP grew its holdings in shares of 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 worth $192,948,000 after purchasing an additional 5,163,806 shares during the period. Tudor Investment Corp ET AL purchased a new position in shares of Graphic Packaging during the 3rd quarter worth $2,360,000. SG Americas Securities LLC increased its position in shares of Graphic Packaging by 673.5% during the 4th quarter. SG Americas Securities LLC now owns 165,245 shares of the industrial products company’s stock worth $2,489,000 after purchasing an additional 143,882 shares during the last quarter. Finally, UBS Group AG raised its holdings in Graphic Packaging by 123.8% in the 4th quarter. UBS Group AG now owns 9,026,134 shares of the industrial products company’s stock valued at $135,934,000 after buying an additional 4,992,179 shares during the period. 99.67% of the stock is currently owned by institutional investors and hedge funds.

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.