LM Asset Management Inc. Acquires New Shares in Graphic Packaging Holding Company $GPK

LM Asset Management Inc. purchased a new position in shares of Graphic Packaging Holding Company (NYSE:GPK) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 783,000 shares of the industrial products company’s stock, valued at approximately $8,276,310. Graphic Packaging accounts for approximately 0.0% of LM Asset Management Inc.’s holdings, making the stock its 7th biggest position. LM Asset Management Inc. owned about 0.26% of Graphic Packaging at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of GPK. PCM Encore LLC bought a new position in Graphic Packaging in the 2nd quarter valued at about $139,000. Vise Technologies Inc. purchased a new stake in Graphic Packaging in the second quarter valued at about $302,000. one8zero8 LLC purchased a new stake in Graphic Packaging in the 2nd quarter worth $264,000. West Family Investments Inc. acquired a new position in Graphic Packaging in the second quarter valued at approximately $420,000. Finally, Denali Advisors LLC purchased a new position in shares of Graphic Packaging in the 2nd quarter valued at about $332,000. Institutional investors own 99.67% of the company’s stock.

Graphic Packaging Stock Up 1.3%

NYSE GPK traded up $0.15 during trading hours on Friday, hitting $11.48. The company’s stock had a trading volume of 2,186,666 shares, compared to its average volume of 6,457,909. The company’s 50-day simple moving average is $11.07 and its two-hundred day simple moving average is $10.71. The company has a market capitalization of $3.40 billion, a PE ratio of 17.39 and a beta of 0.66. Graphic Packaging Holding Company has a 52 week low of $8.78 and a 52 week high of $22.42. The company has a current ratio of 1.38, a quick ratio of 0.60 and a debt-to-equity ratio of 1.58.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The business had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the company earned $0.42 earnings per share. The firm’s quarterly revenue was down .7% compared to the same quarter last year. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Research analysts anticipate that Graphic Packaging Holding Company will post 0.71 EPS for the current fiscal year.

Graphic Packaging Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be given a dividend of $0.11 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a yield of 3.8%. Graphic Packaging’s dividend payout ratio (DPR) is 66.67%.

Analyst Ratings Changes

A number of brokerages have weighed in on GPK. Weiss Ratings restated a “sell (d+)” rating on shares of Graphic Packaging in a research note on Wednesday, June 24th. Bank of America began coverage on Graphic Packaging in a research report on Tuesday, July 14th. They set a “neutral” rating and a $12.00 price target on the stock. UBS Group lifted their price objective on Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Citigroup increased their price objective on Graphic Packaging from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Graphic Packaging in a report on Monday, June 29th. They set a “neutral” rating and a $11.70 price target for the company. Nine research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Graphic Packaging presently has a consensus rating of “Reduce” and an average price target of $11.14.

About Graphic Packaging

Graphic Packaging Holding Company is a leading provider of sustainable paperboard packaging solutions, offering a broad portfolio of products designed for food, beverage and other consumer goods markets. The company specializes in the manufacture of containerboard, folding cartons and engineered fill materials, as well as beverage packaging systems including paperboard cups, carriers and related components.

Through a network of manufacturing facilities across North America, Europe and Latin America, Graphic Packaging serves a diverse customer base that includes major consumer packaged goods companies, quick-service restaurants and retail chains.