HighTower Advisors LLC Increases Stock Position in Graphic Packaging Holding Company $GPK

HighTower Advisors LLC lifted its stake in Graphic Packaging Holding Company (NYSE:GPK) by 24.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 271,069 shares of the industrial products company’s stock after acquiring an additional 54,088 shares during the quarter. HighTower Advisors LLC’s holdings in Graphic Packaging were worth $5,305,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GPK. Allspring Global Investments Holdings LLC lifted its holdings in shares of Graphic Packaging by 8.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 19,138,977 shares of the industrial products company’s stock valued at $374,550,000 after buying an additional 1,502,681 shares during the period. Texas Permanent School Fund Corp grew its holdings in shares of Graphic Packaging by 48.0% in the second quarter. Texas Permanent School Fund Corp now owns 234,885 shares of the industrial products company’s stock worth $4,949,000 after acquiring an additional 76,226 shares during the period. Barings LLC increased its position in Graphic Packaging by 63.8% during the second quarter. Barings LLC now owns 83,412 shares of the industrial products company’s stock valued at $1,757,000 after acquiring an additional 32,503 shares during the last quarter. Boston Trust Walden Corp lifted its holdings in Graphic Packaging by 33.5% in the third quarter. Boston Trust Walden Corp now owns 1,609,080 shares of the industrial products company’s stock valued at $31,490,000 after acquiring an additional 403,812 shares during the period. Finally, Campbell & CO Investment Adviser LLC lifted its holdings in Graphic Packaging by 67.5% in the third quarter. Campbell & CO Investment Adviser LLC now owns 313,082 shares of the industrial products company’s stock valued at $6,127,000 after acquiring an additional 126,142 shares during the period. Institutional investors own 99.67% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on GPK shares. Citigroup cut their target price on shares of Graphic Packaging from $16.00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Royal Bank Of Canada set a $13.00 price objective on shares of Graphic Packaging in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a report on Monday, December 29th. Wells Fargo & Company lowered their target price on Graphic Packaging from $12.00 to $11.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 4th. Finally, Zacks Research cut Graphic Packaging from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th. Eight analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Graphic Packaging presently has an average rating of “Reduce” and a consensus price target of $16.63.

Graphic Packaging Trading Down 3.2%

Shares of GPK stock opened at $12.13 on Tuesday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.52 and a current ratio of 1.30. The stock has a fifty day simple moving average of $14.50 and a two-hundred day simple moving average of $17.14. The firm has a market capitalization of $3.58 billion, a PE ratio of 8.19 and a beta of 0.62. Graphic Packaging Holding Company has a 52-week low of $11.79 and a 52-week high of $28.19.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.05). The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. Graphic Packaging had a return on equity of 16.58% and a net margin of 5.15%.The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.59 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.750-1.15 EPS. On average, analysts predict that Graphic Packaging Holding Company will post 2.47 EPS for the current fiscal year.

Graphic Packaging Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Monday, December 15th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.44 dividend on an annualized basis and a yield of 3.6%. Graphic Packaging’s dividend payout ratio is presently 29.73%.

About Graphic Packaging

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.