Graphic Packaging Holding Company $GPK Shares Purchased by Terra Alpha Investments LLC

Terra Alpha Investments LLC increased its position in shares of Graphic Packaging Holding Company (NYSE:GPK) by 74.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 83,929 shares of the industrial products company’s stock after acquiring an additional 35,883 shares during the quarter. Graphic Packaging makes up approximately 1.8% of Terra Alpha Investments LLC’s holdings, making the stock its 23rd biggest holding. Terra Alpha Investments LLC’s holdings in Graphic Packaging were worth $1,768,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Graphic Packaging by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 30,655,111 shares of the industrial products company’s stock valued at $795,807,000 after purchasing an additional 929,764 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Graphic Packaging by 11.7% in the 1st quarter. American Century Companies Inc. now owns 18,488,501 shares of the industrial products company’s stock valued at $479,962,000 after purchasing an additional 1,932,841 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Graphic Packaging by 7.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 17,636,296 shares of the industrial products company’s stock valued at $385,353,000 after purchasing an additional 1,264,922 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Graphic Packaging by 8.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 10,351,192 shares of the industrial products company’s stock valued at $268,717,000 after purchasing an additional 781,509 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in shares of Graphic Packaging by 1,004.9% in the 1st quarter. Victory Capital Management Inc. now owns 9,240,697 shares of the industrial products company’s stock valued at $239,888,000 after purchasing an additional 8,404,340 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on GPK shares. Royal Bank Of Canada lowered shares of Graphic Packaging from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from $25.00 to $21.00 in a report on Thursday, October 9th. Truist Financial cut their target price on shares of Graphic Packaging from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Monday, October 13th. Raymond James Financial downgraded shares of Graphic Packaging from an “outperform” rating to a “market perform” rating in a research note on Friday. BNP Paribas Exane downgraded shares of Graphic Packaging from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 25th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Graphic Packaging in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Graphic Packaging currently has a consensus rating of “Hold” and a consensus price target of $23.00.

Insider Buying and Selling at Graphic Packaging

In other news, Director Philip R. Martens sold 7,015 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $21.80, for a total value of $152,927.00. Following the completion of the sale, the director owned 26,811 shares of the company’s stock, valued at approximately $584,479.80. The trade was a 20.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Joseph P. Yost sold 30,000 shares of the business’s stock in a transaction dated Monday, August 25th. The stock was 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 of the company’s stock, valued at $5,798,212.16. The trade was a 10.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 93,752 shares of company stock worth $2,073,663 in the last ninety days. 1.41% of the stock is currently owned by insiders.

Graphic Packaging Stock Performance

Graphic Packaging stock opened at $17.57 on Wednesday. Graphic Packaging Holding Company has a 12-month low of $16.94 and a 12-month high of $30.70. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 9.93 and a beta of 0.74. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.43 and a quick ratio of 0.56. The firm’s fifty day moving average price is $20.26 and its 200 day moving average price is $21.91.

Graphic Packaging (NYSE:GPK) last released its quarterly 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 firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.13 billion. Graphic Packaging has set its FY 2025 guidance at 1.900-2.20 EPS. On average, research analysts forecast that Graphic Packaging Holding Company will post 2.47 EPS for the current fiscal year.

Graphic Packaging Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Monday, September 15th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.44 annualized dividend and a yield of 2.5%. Graphic Packaging’s payout ratio is 24.86%.

About Graphic Packaging

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.