Perbak Capital Partners LLP Acquires New Holdings in Graphic Packaging Holding Company $GPK

Key Points

• Perbak Capital Partners LLP has acquired a new stake in Graphic Packaging Holding Company, purchasing 27,577 shares valued at approximately $716,000, making it 0.5% of their investment portfolio.
• Graphic Packaging reported a $0.42 earnings per share for the latest quarter, exceeding analysts' expectations of $0.40, along with a revenue of $2.20 billion.
• The company has announced a quarterly dividend of $0.11 per share, reflecting an annualized yield of 2.0% and a payout ratio of 24.86%.

Perbak Capital Partners LLP bought a new position in Graphic Packaging Holding Company (NYSE:GPK - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 27,577 shares of the industrial products company's stock, valued at approximately $716,000. Graphic Packaging makes up 0.5% of Perbak Capital Partners LLP's portfolio, making the stock its 25th biggest holding.

A number of other large investors also recently made changes to their positions in GPK. Caitong International Asset Management Co. Ltd purchased a new position in Graphic Packaging during the first quarter worth about $28,000. Brooklyn Investment Group boosted its stake in shares of Graphic Packaging by 69.9% in the 1st quarter. Brooklyn Investment Group now owns 1,065 shares of the industrial products company's stock worth $28,000 after buying an additional 438 shares during the last quarter. Wayfinding Financial LLC bought a new position in shares of Graphic Packaging in the first quarter valued at approximately $42,000. UMB Bank n.a. grew its holdings in shares of Graphic Packaging by 42.3% in the first quarter. UMB Bank n.a. now owns 2,125 shares of the industrial products company's stock valued at $55,000 after acquiring an additional 632 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new stake in shares of Graphic Packaging during the first quarter valued at approximately $64,000. 99.67% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Joseph P. Yost sold 30,000 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president directly owned 255,203 shares of the company's stock, valued at $5,798,212.16. This trade represents a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Philip R. Martens sold 56,737 shares of Graphic Packaging 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 transaction, the director owned 33,826 shares of the company's stock, valued at approximately $738,759.84. This trade represents a 62.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 93,752 shares of company stock valued at $2,073,663 over the last quarter. 1.41% of the stock is owned by company insiders.

Graphic Packaging Stock Performance

GPK traded up $0.59 during trading hours on Friday, hitting $21.49. The stock had a trading volume of 4,127,716 shares, compared to its average volume of 3,556,006. Graphic Packaging Holding Company has a 1 year low of $20.65 and a 1 year high of $30.70. The company's fifty day simple moving average is $22.35 and its 200 day simple moving average is $23.48. The stock has a market cap of $6.36 billion, a PE ratio of 12.14, a price-to-earnings-growth ratio of 7.31 and a beta of 0.76. The company has a quick ratio of 0.56, a current ratio of 1.43 and a debt-to-equity ratio of 1.68.

Graphic Packaging (NYSE:GPK - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.13 billion. Graphic Packaging had a net margin of 6.18% and a return on equity of 21.13%. Graphic Packaging has set its FY 2025 guidance at 1.900-2.20 EPS. Equities analysts anticipate that Graphic Packaging Holding Company will post 2.47 earnings per share for the current year.

Graphic Packaging Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. BNP Paribas Exane cut Graphic Packaging from an "outperform" rating to a "neutral" rating in a research report on Wednesday, June 25th. UBS Group initiated coverage on shares of Graphic Packaging in a report on Wednesday, June 4th. They issued a "neutral" rating and a $24.00 price target on the stock. Truist Financial reduced their price target on shares of Graphic Packaging from $24.00 to $23.00 and set a "hold" rating for the company in a research report on Friday, July 11th. Royal Bank Of Canada lowered their price objective on shares of Graphic Packaging from $26.00 to $25.00 and set an "outperform" rating on the stock in a research report on Wednesday, June 18th. Finally, Wells Fargo & Company boosted their target price on shares of Graphic Packaging from $21.00 to $23.00 and gave the company an "equal weight" rating in a research note on Friday, July 18th. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $26.38.

Graphic Packaging 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.