Man Group plc Makes New $12.14 Million Investment in Graphic Packaging Holding Company $GPK

Key Points

• Man Group plc acquired 1.15 million shares of Graphic Packaging in the second quarter, worth approximately $12.14 million and representing a 0.39% stake. Institutional investors collectively own 99.67% of the company.
• Analyst sentiment remains cautious, with nine Hold ratings and three Sell ratings producing an average “Reduce” rating and a consensus price target of $11.14.
• Graphic Packaging beat quarterly earnings expectations with EPS of $0.14 versus $0.12 forecast, while revenue reached $2.19 billion. The company also declared a quarterly dividend of $0.11 per share, implying a 3.9% annualized yield.

Man Group plc acquired a new stake in Graphic Packaging Holding Company (NYSE:GPK - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,148,853 shares of the industrial products company's stock, valued at approximately $12,143,000. Man Group plc owned 0.39% of Graphic Packaging at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of GPK. Bell Investment Advisors Inc bought a new position in Graphic Packaging in the 2nd quarter valued at about $25,000. Quarry LP boosted its holdings in shares of Graphic Packaging by 282.0% during the third quarter. Quarry LP now owns 1,547 shares of the industrial products company's stock worth $30,000 after acquiring an additional 1,142 shares during the period. Caitong International Asset Management Co. Ltd grew its position in shares of Graphic Packaging by 13,971.4% in the fourth 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 last quarter. Physician Wealth Advisors Inc. increased its stake in shares of Graphic Packaging by 2,321.1% during the first quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company's stock worth $32,000 after purchasing an additional 3,087 shares during the period. Finally, Versant Capital Management Inc increased its stake in shares of Graphic Packaging by 1,075.7% during the second 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 period. Institutional investors and hedge funds own 99.67% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. JPMorgan Chase & Co. assumed coverage on Graphic Packaging in a research note on Monday, June 29th. They issued a "neutral" rating and a $11.70 price target for the company. Weiss Ratings reiterated a "sell (d+)" rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. Bank of America began coverage on Graphic Packaging in a report on Tuesday, July 14th. They set a "neutral" rating and a $12.00 target price for the company. Robert W. Baird set a $13.00 target price on shares of Graphic Packaging in a research report on Wednesday, May 6th. Finally, Citigroup upped their price target on shares of Graphic Packaging from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Thursday, May 7th. Nine investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Reduce" and a consensus target price of $11.14.

Graphic Packaging Trading Down 0.9%

Shares of NYSE:GPK opened at $11.35 on Friday. The business's 50 day simple moving average is $11.07 and its 200 day simple moving average is $10.71. Graphic Packaging Holding Company has a 1 year low of $8.78 and a 1 year high of $22.56. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.38 and a quick ratio of 0.60. The company has a market capitalization of $3.36 billion, a P/E ratio of 17.19 and a beta of 0.66.

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

Graphic Packaging Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 15th. Graphic Packaging's payout ratio is 66.67%.

Graphic Packaging Company 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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