CFC Planning Co LLC Buys New Position in Graphic Packaging Holding Company $GPK

CFC Planning Co LLC purchased a new position in Graphic Packaging Holding Company (NYSE:GPK) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,238 shares of the industrial products company’s stock, valued at approximately $216,000.

Several other large investors have also added to or reduced their stakes in GPK. Brooklyn Investment Group lifted its position 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 worth $28,000 after purchasing an additional 438 shares during the period. NorthRock Partners LLC increased its position in shares of Graphic Packaging by 1.9% during the first quarter. NorthRock Partners LLC now owns 30,986 shares of the industrial products company’s stock valued at $808,000 after buying an additional 563 shares during the period. ProShare Advisors LLC raised its stake in Graphic Packaging by 4.6% in the second quarter. ProShare Advisors LLC now owns 13,379 shares of the industrial products company’s stock worth $282,000 after buying an additional 588 shares in the last quarter. US Bancorp DE lifted its holdings in Graphic Packaging by 4.8% in the first 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 during the period. Finally, LRI Investments LLC lifted its holdings in Graphic Packaging by 48.3% in the second quarter. LRI Investments LLC now owns 2,073 shares of the industrial products company’s stock worth $44,000 after buying an additional 675 shares during the period. Institutional investors own 99.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Zacks Research lowered Graphic Packaging from a “hold” rating to a “strong sell” rating in a research report on Monday, November 3rd. UBS Group reduced their price target on Graphic Packaging from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Raymond James Financial downgraded Graphic Packaging from an “outperform” rating to a “market perform” rating in a report on Friday, October 17th. Wells Fargo & Company lowered their price objective 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. Finally, Bank of America reaffirmed a “neutral” rating and issued a $24.00 target price on shares of Graphic Packaging in a research report on Thursday, October 9th. One analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Graphic Packaging has an average rating of “Hold” and a consensus target price of $22.63.

Graphic Packaging Stock Down 0.8%

Shares of NYSE:GPK opened at $15.17 on Friday. 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 fifty day simple moving average of $17.76 and a two-hundred day simple moving average of $20.67. Graphic Packaging Holding Company has a 12-month low of $14.90 and a 12-month high of $30.49. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of 8.57 and a beta of 0.72.

Graphic Packaging (NYSE:GPK) last issued its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.04. The firm 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. On average, research analysts anticipate that Graphic Packaging Holding Company will post 2.47 earnings per share for the current fiscal year.

Insider Transactions at Graphic Packaging

In other news, EVP Joseph P. Yost sold 30,000 shares of the company’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 transaction, the executive vice president owned 255,203 shares in the company, valued at approximately $5,798,212.16. This represents a 10.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.41% of the company’s stock.

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.