BIP Wealth LLC Purchases New Stake in Graphic Packaging Holding Company $GPK

BIP Wealth LLC acquired a new position in shares of Graphic Packaging Holding Company (NYSE:GPK) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,000 shares of the industrial products company’s stock, valued at approximately $211,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its holdings in shares of Graphic Packaging by 3.6% during the 1st quarter. Concurrent Investment Advisors LLC now owns 11,535 shares of the industrial products company’s stock worth $299,000 after acquiring an additional 402 shares during the period. Brooklyn Investment Group lifted its stake in Graphic Packaging by 69.9% during the first quarter. Brooklyn Investment Group now owns 1,065 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 438 shares during the last quarter. NorthRock Partners LLC boosted its holdings in shares of Graphic Packaging by 1.9% in the 1st quarter. NorthRock Partners LLC now owns 30,986 shares of the industrial products company’s stock valued at $808,000 after purchasing an additional 563 shares in the last quarter. Xponance Inc. increased its stake in shares of Graphic Packaging by 1.8% in the 1st quarter. Xponance Inc. now owns 36,320 shares of the industrial products company’s stock valued at $943,000 after purchasing an additional 630 shares during the last quarter. Finally, US Bancorp DE raised its holdings in shares of Graphic Packaging by 4.8% during the 1st quarter. US Bancorp DE now owns 14,288 shares of the industrial products company’s stock worth $371,000 after buying an additional 649 shares in the last quarter. 99.67% of the stock is currently owned by institutional investors and hedge funds.

Graphic Packaging Trading Down 2.5%

Shares of NYSE GPK opened at $17.23 on Friday. The firm has a 50 day moving average price of $19.95 and a two-hundred day moving average price of $21.78. The stock has a market cap of $5.11 billion, a P/E ratio of 9.74 and a beta of 0.74. Graphic Packaging Holding Company has a 52-week low of $16.94 and a 52-week high of $30.70. 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 (NYSE:GPK) last issued its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. The company had revenue of $2.20 billion for the quarter, compared to analysts’ expectations of $2.13 billion. Graphic Packaging had a net margin of 6.18% and a return on equity of 21.13%. Graphic Packaging has set its FY 2025 guidance at 1.900-2.20 EPS. As a group, equities analysts forecast that Graphic Packaging Holding Company will post 2.47 EPS for the current year.

Graphic Packaging Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Monday, September 15th were paid 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 2.6%. Graphic Packaging’s dividend payout ratio is presently 24.86%.

Analyst Ratings Changes

A number of research analysts have issued reports on GPK shares. UBS Group decreased their target price on Graphic Packaging from $24.00 to $20.00 and set a “neutral” rating on the stock in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Graphic Packaging in a report on Saturday. Wells Fargo & Company lowered their price objective on shares of Graphic Packaging from $23.00 to $20.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 17th. Raymond James Financial lowered shares of Graphic Packaging from an “outperform” rating to a “market perform” rating in a research report on Friday, October 17th. Finally, Royal Bank Of Canada cut Graphic Packaging from an “outperform” rating to a “sector perform” rating and dropped their price target for the company from $25.00 to $21.00 in a research note on Thursday, October 9th. One equities research analyst has rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $23.00.

Insider Transactions at Graphic Packaging

In related news, Director Philip R. Martens sold 56,737 shares of Graphic Packaging stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $21.84, for a total value of $1,239,136.08. Following the transaction, the director directly owned 33,826 shares of the company’s stock, valued at $738,759.84. The trade was a 62.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Joseph P. Yost sold 30,000 shares of the 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 sale, the executive vice president directly owned 255,203 shares of the company’s stock, valued at $5,798,212.16. This represents a 10.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 93,752 shares of company stock valued at $2,073,663 over the last 90 days. 1.41% of the stock is owned by corporate insiders.

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.