Jump Financial LLC Invests $502,000 in Graphic Packaging Holding Company $GPK

Key Points

• Jump Financial LLC has acquired a new position in Graphic Packaging Holding Company, purchasing 19,331 shares valued at approximately $502,000 in the first quarter.
• Graphic Packaging's recent earnings report indicated an EPS of $0.42, exceeding analysts' expectations, with projected FY 2025 EPS guidance set between $1.900 and $2.20.
• The company will pay a $0.11 quarterly dividend on October 8th, representing an annualized dividend yield of 2.0%.

Jump Financial LLC purchased a new stake in shares of Graphic Packaging Holding Company (NYSE:GPK - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 19,331 shares of the industrial products company's stock, valued at approximately $502,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bragg Financial Advisors Inc grew its holdings in Graphic Packaging by 1.7% during the 1st quarter. Bragg Financial Advisors Inc now owns 298,571 shares of the industrial products company's stock valued at $7,751,000 after buying an additional 4,976 shares in the last quarter. Crossingbridge Advisors LLC lifted its position in Graphic Packaging by 25.0% in the first quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the industrial products company's stock worth $1,306,000 after buying an additional 10,000 shares during the last quarter. EntryPoint Capital LLC bought a new stake in shares of Graphic Packaging during the first quarter worth $285,000. Quantbot Technologies LP lifted its position in shares of Graphic Packaging by 106.2% during the first quarter. Quantbot Technologies LP now owns 37,311 shares of the industrial products company's stock worth $969,000 after purchasing an additional 19,219 shares during the last quarter. Finally, Aptus Capital Advisors LLC lifted its position in shares of Graphic Packaging by 13.7% during the first quarter. Aptus Capital Advisors LLC now owns 231,126 shares of the industrial products company's stock worth $6,000,000 after purchasing an additional 27,846 shares during the last quarter. 99.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Graphic Packaging

In other Graphic Packaging news, EVP Joseph P. Yost sold 30,000 shares of Graphic Packaging 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 transaction, the executive vice president directly owned 255,203 shares of the company's stock, valued at $5,798,212.16. The trade was a 10.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Philip R. Martens sold 56,737 shares of the business's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $21.84, for a total value of $1,239,136.08. Following the completion of the sale, the director directly owned 33,826 shares in the company, valued at approximately $738,759.84. This represents a 62.65% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 93,752 shares of company stock worth $2,073,663. Company insiders own 1.41% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on GPK. Bank of America cut their target price on Graphic Packaging from $31.00 to $28.00 and set a "buy" rating on the stock in a research note on Wednesday, July 9th. Royal Bank Of Canada dropped their target price on Graphic Packaging from $26.00 to $25.00 and set an "outperform" rating on the stock in a research report on Wednesday, June 18th. BNP Paribas Exane lowered Graphic Packaging from an "outperform" rating to a "neutral" rating in a research report on Wednesday, June 25th. Truist Financial decreased their price target on Graphic Packaging from $24.00 to $23.00 and set a "hold" rating for the company in a report on Friday, July 11th. Finally, Wells Fargo & Company upped their target price on Graphic Packaging from $21.00 to $23.00 and gave the stock an "equal weight" rating in a research note on Friday, July 18th. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $26.38.

Graphic Packaging Stock Down 5.0%

Shares of NYSE:GPK traded down $1.10 during trading on Wednesday, hitting $20.88. The company's stock had a trading volume of 6,508,007 shares, compared to its average volume of 3,196,756. The stock's 50-day moving average price is $22.34 and its two-hundred day moving average price is $23.61. Graphic Packaging Holding Company has a fifty-two week low of $20.65 and a fifty-two week high of $30.70. The company has a market capitalization of $6.18 billion, a PE ratio of 11.79, a PEG ratio of 7.57 and a beta of 0.75. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.56 and a current ratio of 1.43.

Graphic Packaging (NYSE:GPK - Get Free Report) last posted its earnings results on Tuesday, July 29th. The industrial products company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. Graphic Packaging had a return on equity of 21.13% and a net margin of 6.18%.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, sell-side analysts expect that Graphic Packaging Holding Company will post 2.47 EPS for the current year.

Graphic Packaging Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Monday, September 15th will be paid 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 dividend yield of 2.1%. Graphic Packaging's dividend payout ratio (DPR) is 24.86%.

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.