LSV Asset Management Lowers Stock Holdings in Graphic Packaging Holding Company $GPK

LSV Asset Management reduced its position in Graphic Packaging Holding Company (NYSE:GPK) by 31.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,342,820 shares of the industrial products company’s stock after selling 1,098,699 shares during the quarter. LSV Asset Management’s holdings in Graphic Packaging were worth $49,363,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of GPK. Vanguard Group Inc. lifted its stake in 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 worth $795,807,000 after purchasing an additional 929,764 shares in the last quarter. American Century Companies Inc. grew its position in shares of Graphic Packaging by 11.7% during 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 in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Graphic Packaging by 7.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 17,636,296 shares of the industrial products company’s stock worth $385,353,000 after purchasing an additional 1,264,922 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Graphic Packaging by 11.8% in the second quarter. Massachusetts Financial Services Co. MA now owns 11,570,040 shares of the industrial products company’s stock worth $243,781,000 after purchasing an additional 1,218,848 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Graphic Packaging by 14.8% in the first quarter. Dimensional Fund Advisors LP now owns 7,890,782 shares of the industrial products company’s stock worth $204,844,000 after buying an additional 1,018,017 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Graphic Packaging Price Performance

GPK opened at $15.48 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 0.56 and a debt-to-equity ratio of 1.68. The stock has a market capitalization of $4.57 billion, a P/E ratio of 8.74 and a beta of 0.72. The stock has a 50-day moving average price of $17.99 and a 200-day moving average price of $20.74. Graphic Packaging Holding Company has a 12-month low of $14.90 and a 12-month high of $30.49.

Graphic Packaging (NYSE:GPK) last released its earnings results on Tuesday, November 4th. The industrial products company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.04. The company had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.17 billion. Graphic Packaging had a return on equity of 21.13% and a net margin of 6.18%. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. Equities analysts predict that Graphic Packaging Holding Company will post 2.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Graphic Packaging

In other 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 value of $681,600.00. Following the completion of the sale, the executive vice president directly owned 255,203 shares in the company, valued at approximately $5,798,212.16. The trade was a 10.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on GPK shares. Zacks Research cut Graphic Packaging from a “hold” rating to a “strong sell” rating in a research report on Monday, November 3rd. Wells Fargo & Company dropped their price target on Graphic Packaging from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, November 6th. Royal Bank Of Canada lowered Graphic Packaging from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $25.00 to $21.00 in a report on Thursday, October 9th. Bank of America restated a “neutral” rating and issued a $24.00 price objective on shares of Graphic Packaging in a research report on Thursday, October 9th. Finally, Citigroup dropped their target price on shares of Graphic Packaging from $23.00 to $21.00 and set a “neutral” rating for the company in a research report on Monday, October 6th. One analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Graphic Packaging currently has a consensus rating of “Hold” and a consensus price target of $22.63.

Graphic Packaging Company 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.