Tectonic Advisors LLC Increases Position in Graphic Packaging Holding Company $GPK

Tectonic Advisors LLC increased its stake in Graphic Packaging Holding Company (NYSE:GPK) by 3.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,422 shares of the industrial products company’s stock after purchasing an additional 7,243 shares during the quarter. Tectonic Advisors LLC owned 0.07% of Graphic Packaging worth $4,497,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Brooklyn Investment Group increased its holdings in shares of Graphic Packaging by 69.9% in the 1st quarter. Brooklyn Investment Group now owns 1,065 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 438 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Graphic Packaging during the 1st quarter valued at about $28,000. Wayfinding Financial LLC purchased a new position in Graphic Packaging during the 1st quarter valued at about $42,000. UMB Bank n.a. increased its holdings in Graphic Packaging by 42.3% during the 1st quarter. UMB Bank n.a. now owns 2,125 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 632 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new position in Graphic Packaging during the 1st quarter valued at about $64,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Graphic Packaging Price Performance

GPK opened at $18.78 on Thursday. The company’s 50 day simple moving average is $21.13 and its 200 day simple moving average is $22.45. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.56 and a current ratio of 1.43. Graphic Packaging Holding Company has a 1 year low of $18.76 and a 1 year high of $30.70. The stock has a market capitalization of $5.56 billion, a PE ratio of 10.61, a P/E/G ratio of 6.45 and a beta of 0.74.

Graphic Packaging (NYSE:GPK) last released its earnings results on Tuesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. Graphic Packaging had a net margin of 6.18% and a return on equity of 21.13%. The business had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.13 billion. Graphic Packaging has set its FY 2025 guidance at 1.900-2.20 EPS. As a group, sell-side analysts expect that Graphic Packaging Holding Company will post 2.47 EPS for the current year.

Graphic Packaging Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Monday, September 15th were given a $0.11 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.3%. Graphic Packaging’s dividend payout ratio (DPR) is currently 24.86%.

Insider Activity at Graphic Packaging

In other Graphic Packaging news, EVP Joseph P. Yost sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $22.72, for a total transaction of $681,600.00. Following the completion of the sale, the executive vice president directly owned 255,203 shares in the company, valued at $5,798,212.16. The trade was a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Philip R. Martens sold 7,015 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $21.80, for a total transaction of $152,927.00. Following the sale, the director owned 26,811 shares of the company’s stock, valued at approximately $584,479.80. This represents a 20.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 93,752 shares of company stock worth $2,073,663 over the last three months. Corporate insiders own 1.41% of the company’s stock.

Analysts Set New Price Targets

GPK has been the subject of several recent research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Graphic Packaging in a report on Wednesday. UBS Group dropped their target price on shares of Graphic Packaging from $24.00 to $20.00 and set a “neutral” rating for the company in a report on Monday. Wells Fargo & Company dropped their target price on shares of Graphic Packaging from $23.00 to $20.00 and set an “equal weight” rating for the company in a report on Wednesday, September 17th. Royal Bank Of Canada dropped their target price on shares of Graphic Packaging from $26.00 to $25.00 and set an “outperform” rating for the company in a report on Wednesday, June 18th. Finally, Citigroup decreased their price target on shares of Graphic Packaging from $23.00 to $21.00 and set a “neutral” rating on the stock in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $24.38.

Graphic Packaging Profile

Graphic Packaging Holding Company, together with its subsidiaries, designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products. It operates through three segments: Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging.