Graphic Packaging Holding Company $GPK Stock Position Raised by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP increased its Graphic Packaging stake by 60.9% in the second quarter, bringing its holdings to 444,472 shares valued at approximately $4.7 million. Institutional investors and hedge funds collectively own 99.67% of GPK.
• Graphic Packaging exceeded quarterly expectations with adjusted earnings of $0.14 per share versus the $0.12 consensus and revenue of $2.19 billion, though revenue declined 0.7% year over year and earnings fell from $0.42 per share in the prior-year quarter.
• The company declared a quarterly dividend of $0.11 per share, representing a 4.6% annualized yield. Analysts remain cautious, with the stock carrying a consensus “Reduce” rating and an average price target of $11.26.

Engineers Gate Manager LP increased its position in Graphic Packaging Holding Company (NYSE:GPK - Free Report) by 60.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 444,472 shares of the industrial products company's stock after purchasing an additional 168,171 shares during the period. Engineers Gate Manager LP owned about 0.15% of Graphic Packaging worth $4,698,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in GPK. BlackRock Inc. purchased a new stake in shares of Graphic Packaging in the second quarter valued at $440,345,000. Eminence Capital LP boosted its position in shares of Graphic Packaging by 67.5% in the fourth quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company's stock worth $192,948,000 after buying an additional 5,163,806 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Graphic Packaging by 18.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,728,031 shares of the industrial products company's stock valued at $176,626,000 after buying an additional 1,824,110 shares in the last quarter. State Street Corp grew its holdings in shares of Graphic Packaging by 0.8% during the fourth quarter. State Street Corp now owns 9,877,303 shares of the industrial products company's stock valued at $149,808,000 after buying an additional 81,300 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in Graphic Packaging by 503.6% during the fourth quarter. AQR Capital Management LLC now owns 8,693,765 shares of the industrial products company's stock valued at $130,928,000 after buying an additional 7,253,473 shares during the period. 99.67% of the stock is owned by institutional investors and hedge funds.

Graphic Packaging Stock Up 1.2%

GPK opened at $9.50 on Friday. The company has a market capitalization of $2.81 billion, a PE ratio of 14.39 and a beta of 0.65. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.38 and a quick ratio of 0.60. Graphic Packaging Holding Company has a fifty-two week low of $8.78 and a fifty-two week high of $21.24. The business has a 50-day moving average of $11.01 and a 200-day moving average of $10.55.

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, topping analysts' consensus estimates of $0.12 by $0.02. The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.18 billion. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The firm's revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.42 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Equities research analysts forecast that Graphic Packaging Holding Company will post 0.72 EPS for the current fiscal year.

Graphic Packaging Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Graphic Packaging's payout ratio is presently 66.67%.

Analyst Upgrades and Downgrades

GPK has been the subject of several research analyst reports. Zacks Research raised Graphic Packaging from a "strong sell" rating to a "hold" rating in a research note on Monday, June 1st. UBS Group lifted their target price on Graphic Packaging from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Bank of America dropped their target price on Graphic Packaging from $14.00 to $13.00 and set a "neutral" rating on the stock in a report on Friday. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. Finally, Wells Fargo & Company increased their target price on shares of Graphic Packaging from $9.00 to $10.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and a consensus target price of $11.26.

About Graphic Packaging

Graphic Packaging Holding Company, operating through Graphic Packaging International, develops and manufactures fiber-based packaging solutions for consumer packaged goods companies. Its products are used primarily in the food, beverage and household products industries, where packaging is designed to protect products, support branding and improve convenience.

The company's offerings include folding cartons, paperboard packaging, coated recycled board, paper cups and other foodservice packaging products.

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