Private Management Group Inc. Buys 387,551 Shares of Graphic Packaging Holding Company $GPK

Key Points

• Private Management Group increased its Graphic Packaging stake by 28.7%, purchasing 387,551 shares in the second quarter and bringing its holdings to 1.74 million shares, or 0.59% of the company. Institutional investors collectively own 99.67% of GPK.
• Analyst sentiment remains cautious: nine analysts rate the stock Hold and three rate it Sell, resulting in an average “Reduce” rating and an average price target of $11.14, below the reported $11.55 share price.
• Graphic Packaging exceeded quarterly earnings expectations with $0.14 in EPS versus $0.12 expected, while revenue reached $2.19 billion. The company declared a quarterly dividend of $0.11, implying a 3.8% annualized yield.

Private Management Group Inc. increased its stake in Graphic Packaging Holding Company (NYSE:GPK - Free Report) by 28.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,736,212 shares of the industrial products company's stock after buying an additional 387,551 shares during the period. Private Management Group Inc. owned 0.59% of Graphic Packaging worth $18,352,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GPK. Bell Investment Advisors Inc purchased a new position in Graphic Packaging during the 2nd quarter worth $25,000. Quarry LP lifted its holdings in shares of Graphic Packaging by 282.0% in the 3rd quarter. Quarry LP now owns 1,547 shares of the industrial products company's stock worth $30,000 after buying 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% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,970 shares of the industrial products company's stock worth $30,000 after buying an additional 1,956 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in shares of Graphic Packaging by 2,321.1% during the 1st quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company's stock worth $32,000 after buying an additional 3,087 shares in the last quarter. 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 valued at $37,000 after buying an additional 3,184 shares during the period. Institutional investors own 99.67% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Weiss Ratings reiterated a "sell (d+)" rating on shares of Graphic Packaging in a report on Wednesday, June 24th. Zacks Research raised shares of Graphic Packaging from a "strong sell" rating to a "hold" rating in a research report on Monday, June 1st. Bank of America started coverage on shares of Graphic Packaging in a report on Tuesday, July 14th. They set a "neutral" rating and a $12.00 price objective on the stock. Citigroup boosted their price objective on shares of Graphic Packaging from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. initiated coverage on Graphic Packaging in a research report on Monday, June 29th. They set a "neutral" rating and a $11.70 target price on the stock. Nine research 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 an average price target of $11.14.

Graphic Packaging Stock Up 1.9%

NYSE:GPK opened at $11.55 on Friday. Graphic Packaging Holding Company has a fifty-two week low of $8.78 and a fifty-two week high of $22.42. The stock has a market capitalization of $3.42 billion, a P/E ratio of 17.50 and a beta of 0.66. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.60 and a current ratio of 1.38. The company's 50-day simple moving average is $11.09 and its 200-day simple moving average is $10.71.

Graphic Packaging (NYSE:GPK - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The firm had revenue of $2.19 billion during the quarter, compared to analysts' expectations of $2.18 billion. During the same quarter last year, the firm earned $0.42 EPS. The business's quarterly revenue was down .7% on a year-over-year basis. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. On average, equities analysts anticipate that Graphic Packaging Holding Company will post 0.71 earnings per share for the current fiscal 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 paid a $0.11 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a yield of 3.8%. Graphic Packaging's dividend payout ratio (DPR) is 66.67%.

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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