Fox Run Management L.L.C. Purchases New Shares in Graphic Packaging Holding Company $GPK

Fox Run Management L.L.C. acquired a new position in Graphic Packaging Holding Company (NYSE:GPK) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 11,882 shares of the industrial products company’s stock, valued at approximately $250,000.

A number of other institutional investors have also recently bought and sold shares of GPK. GAMMA Investing LLC boosted its stake in shares of Graphic Packaging by 54.7% in the second quarter. GAMMA Investing LLC now owns 5,841 shares of the industrial products company’s stock valued at $123,000 after buying an additional 2,065 shares during the period. Advocate Group LLC lifted its position in shares of Graphic Packaging by 16.2% during the 2nd quarter. Advocate Group LLC now owns 290,184 shares of the industrial products company’s stock valued at $6,114,000 after acquiring an additional 40,466 shares during the period. Terra Alpha Investments LLC grew its holdings in shares of Graphic Packaging by 74.7% during the 2nd quarter. Terra Alpha Investments LLC now owns 83,929 shares of the industrial products company’s stock worth $1,768,000 after purchasing an additional 35,883 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of Graphic Packaging by 21.6% in the second quarter. Harbor Capital Advisors Inc. now owns 434,871 shares of the industrial products company’s stock worth $9,163,000 after purchasing an additional 77,162 shares during the period. Finally, Howard Capital Management Group LLC raised its stake in Graphic Packaging by 2.8% in the second quarter. Howard Capital Management Group LLC now owns 1,056,963 shares of the industrial products company’s stock valued at $22,270,000 after purchasing an additional 29,215 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.

Insider Activity

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 stock was sold at an average price of $22.72, for a total value of $681,600.00. Following the completion of the transaction, the executive vice president owned 255,203 shares of the company’s stock, valued at $5,798,212.16. This represents a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.41% of the stock is owned by corporate insiders.

Graphic Packaging Stock Performance

NYSE GPK opened at $16.12 on Friday. Graphic Packaging Holding Company has a fifty-two week low of $14.90 and a fifty-two week high of $30.49. The stock has a market cap of $4.76 billion, a PE ratio of 9.11 and a beta of 0.72. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.56 and a current ratio of 1.43. The firm’s fifty day moving average price is $18.31 and its two-hundred day moving average price is $20.96.

Graphic Packaging (NYSE:GPK) last released its quarterly earnings data 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. Graphic Packaging had a return on equity of 21.13% and a net margin of 6.18%.The company had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.17 billion. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. On average, equities analysts expect that Graphic Packaging Holding Company will post 2.47 EPS for the current fiscal year.

Analysts Set New Price Targets

GPK has been the topic of a number of analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Graphic Packaging in a research note on Wednesday, October 8th. Citigroup reduced 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 report on Monday, October 6th. Raymond James Financial downgraded shares of Graphic Packaging from an “outperform” rating to a “market perform” rating in a research report on Friday, October 17th. Bank of America reaffirmed a “neutral” rating and issued a $24.00 target price on shares of Graphic Packaging in a report on Thursday, October 9th. Finally, Truist Financial lowered their price target on Graphic Packaging from $23.00 to $20.00 and set a “hold” rating for the company in a report on Monday, October 13th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $22.63.

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.