EntryPoint Capital LLC Makes New $285,000 Investment in Graphic Packaging Holding Company $GPK

Key Points

• EntryPoint Capital LLC purchased 10,987 shares of Graphic Packaging Holding Company, valued at approximately $285,000, in the first quarter.
• Graphic Packaging recently reported a quarterly earnings per share of $0.42, exceeding analysts' expectations, and has set its FY 2025 guidance between $1.90 and $2.20 EPS.
• The company declared a quarterly dividend of $0.11 per share with a yield of 1.9%, along with a $1.50 billion share buyback program, indicating confidence in its stock's value.

EntryPoint Capital LLC acquired a new stake in shares of Graphic Packaging Holding Company (NYSE:GPK - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,987 shares of the industrial products company's stock, valued at approximately $285,000.

Several other institutional investors and hedge funds have also recently modified their holdings of GPK. Teacher Retirement System of Texas boosted its stake in Graphic Packaging by 75.3% during the first quarter. Teacher Retirement System of Texas now owns 50,534 shares of the industrial products company's stock worth $1,312,000 after buying an additional 21,708 shares during the period. New York State Teachers Retirement System boosted its stake in shares of Graphic Packaging by 3.1% during the first quarter. New York State Teachers Retirement System now owns 221,927 shares of the industrial products company's stock valued at $5,761,000 after purchasing an additional 6,623 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Graphic Packaging by 2.7% during the first quarter. State of Alaska Department of Revenue now owns 35,155 shares of the industrial products company's stock valued at $912,000 after purchasing an additional 935 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its stake in shares of Graphic Packaging by 23.3% during the first quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 98,889 shares of the industrial products company's stock valued at $2,567,000 after purchasing an additional 18,668 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Graphic Packaging by 21.7% during the first quarter. Envestnet Asset Management Inc. now owns 790,496 shares of the industrial products company's stock valued at $20,521,000 after purchasing an additional 140,890 shares during the period. Institutional investors own 99.67% of the company's stock.

Insider Buying and Selling

In other Graphic Packaging news, Director Philip R. Martens sold 56,737 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $21.84, for a total transaction of $1,239,136.08. Following the completion of the transaction, the director directly owned 33,826 shares of the company's stock, valued at approximately $738,759.84. This trade represents a 62.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Joseph P. Yost sold 30,000 shares of the firm'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 transaction of $681,600.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 93,752 shares of company stock valued at $2,073,663 over the last three months. 1.41% of the stock is currently owned by insiders.

Graphic Packaging Stock Performance

Shares of Graphic Packaging stock traded down $0.50 during midday trading on Thursday, hitting $21.94. The company had a trading volume of 808,583 shares, compared to its average volume of 3,081,412. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 7.61 and a beta of 0.73. The company has a quick ratio of 0.56, a current ratio of 1.43 and a debt-to-equity ratio of 1.68. The company has a fifty day simple moving average of $22.29 and a 200 day simple moving average of $23.77. Graphic Packaging Holding Company has a 12-month low of $20.86 and a 12-month high of $30.70.

Graphic Packaging (NYSE:GPK - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. Graphic Packaging had a net margin of 6.18% and a return on equity of 21.13%. The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.13 billion. Graphic Packaging has set its FY 2025 guidance at 1.900-2.20 EPS. As a group, analysts predict that Graphic Packaging Holding Company will post 2.47 earnings per share for the current fiscal year.

Graphic Packaging announced that its Board of Directors has initiated a stock repurchase program on Thursday, May 1st that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 23.3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Graphic Packaging Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Monday, September 15th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.44 dividend on an annualized basis and a yield of 2.0%. Graphic Packaging's dividend payout ratio (DPR) is currently 24.86%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GPK. UBS Group began coverage on shares of Graphic Packaging in a research note on Wednesday, June 4th. They set a "neutral" rating and a $24.00 target price for the company. Royal Bank Of Canada lowered their price objective on shares of Graphic Packaging from $26.00 to $25.00 and set an "outperform" rating for the company in a research note on Wednesday, June 18th. Wells Fargo & Company upped their price objective on shares of Graphic Packaging from $21.00 to $23.00 and gave the stock an "equal weight" rating in a research note on Friday, July 18th. Truist Financial lowered their price objective on shares of Graphic Packaging from $24.00 to $23.00 and set a "hold" rating for the company in a research note on Friday, July 11th. Finally, Bank of America lowered their price objective on shares of Graphic Packaging from $31.00 to $28.00 and set a "buy" rating for the company in a research note on Wednesday, July 9th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $26.38.

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.