Canada Pension Plan Investment Board Takes $6.33 Million Position in Graphic Packaging Holding Company $GPK

Key Points

• Canada Pension Plan Investment Board purchased 598,500 shares of Graphic Packaging, valued at approximately $6.33 million, giving it a 0.20% stake. Institutional investors collectively own 99.67% of the company.
• Graphic Packaging exceeded quarterly expectations with adjusted earnings of $0.14 per share versus the $0.12 consensus estimate, while revenue reached $2.19 billion but declined 0.7% year over year.
• The company declared a quarterly dividend of $0.11 per share, equivalent to a 3.8% yield. Analysts remain cautious, with a consensus “Reduce” rating and an average price target of $11.14 versus the reported share price of $11.55.

Canada Pension Plan Investment Board purchased a new position in shares of Graphic Packaging Holding Company (NYSE:GPK - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 598,500 shares of the industrial products company's stock, valued at approximately $6,326,000. Canada Pension Plan Investment Board owned 0.20% of Graphic Packaging at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bell Investment Advisors Inc bought a new position in Graphic Packaging in the second quarter valued at approximately $25,000. Quarry LP raised its position in shares of Graphic Packaging by 282.0% during the 3rd quarter. Quarry LP now owns 1,547 shares of the industrial products company's stock valued at $30,000 after acquiring an additional 1,142 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Graphic Packaging by 13,971.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,970 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 1,956 shares during the period. Physician Wealth Advisors Inc. lifted its stake in shares of Graphic Packaging by 2,321.1% in the 1st quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company's stock valued at $32,000 after purchasing an additional 3,087 shares during the period. Finally, Versant Capital Management Inc boosted its position in shares of Graphic Packaging by 1,075.7% in the 2nd quarter. Versant Capital Management Inc now owns 3,480 shares of the industrial products company's stock worth $37,000 after purchasing an additional 3,184 shares during the last quarter. 99.67% of the stock is owned by institutional investors.

Graphic Packaging Price Performance

Shares of GPK stock opened at $11.55 on Monday. Graphic Packaging Holding Company has a 12-month low of $8.78 and a 12-month high of $22.42. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 17.50 and a beta of 0.66. The company has a quick ratio of 0.60, a current ratio of 1.38 and a debt-to-equity ratio of 1.58. The firm has a fifty day moving average of $11.09 and a 200-day moving average of $10.70.

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

Graphic Packaging Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Tuesday, September 15th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Tuesday, September 15th. Graphic Packaging's dividend payout ratio is 66.67%.

Analysts Set New Price Targets

GPK has been the subject of a number of analyst reports. Wells Fargo & Company lifted their price objective on Graphic Packaging from $9.00 to $10.00 and gave the stock an "underweight" rating in a research note on Wednesday, August 5th. Bank of America began coverage on Graphic Packaging in a research note on Tuesday, July 14th. They issued a "neutral" rating and a $12.00 target price on the stock. Zacks Research upgraded Graphic Packaging from a "strong sell" rating to a "hold" rating in a report on Monday, June 1st. Weiss Ratings restated a "sell (d+)" rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. Finally, Robert W. Baird set a $13.00 price target on Graphic Packaging in a research note on Wednesday, May 6th. Nine investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $11.14.

Graphic Packaging Profile

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.

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