UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $51.50 Million Stock Holdings in Graphic Packaging Holding Company $GPK

Key Points

• UBS AM, a division of UBS Asset Management Americas LLC, increased its stake in Graphic Packaging by 42.5%, now owning nearly 1.98 million shares valued at about $51.5 million.
• Graphic Packaging recently announced a quarterly dividend of $0.11 per share, which translates to an annual yield of 2.1%, emphasizing their commitment to shareholder returns.
• Despite recent interest from institutional investors, Graphic Packaging's stock has decreased by 1.6%, with current trading around $20.73, reflecting ongoing market volatility.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Graphic Packaging Holding Company (NYSE:GPK - Free Report) by 42.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,983,665 shares of the industrial products company's stock after acquiring an additional 591,409 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.66% of Graphic Packaging worth $51,496,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of GPK. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Graphic Packaging in the first quarter valued at about $28,000. Brooklyn Investment Group grew its position in Graphic Packaging by 69.9% during the first 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 in the last quarter. Wayfinding Financial LLC acquired a new stake in Graphic Packaging during the first quarter worth about $42,000. UMB Bank n.a. grew its position in Graphic Packaging by 42.3% during the first quarter. UMB Bank n.a. now owns 2,125 shares of the industrial products company's stock worth $55,000 after buying an additional 632 shares in the last quarter. Finally, Summit Securities Group LLC acquired a new stake in Graphic Packaging during the first quarter worth about $64,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on GPK. UBS Group began coverage on Graphic Packaging in a research report on Wednesday, June 4th. They set a "neutral" rating and a $24.00 target price on the stock. Truist Financial cut 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 note on Friday, July 11th. Royal Bank Of Canada cut their price target on shares of Graphic Packaging from $26.00 to $25.00 and set an "outperform" rating for the company in a research note on Wednesday, June 18th. BNP Paribas Exane cut shares of Graphic Packaging from an "outperform" rating to a "neutral" rating in a research note on Wednesday, June 25th. Finally, Wells Fargo & Company raised their price target on shares of 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 assigned a Hold rating to the company. Based on data from MarketBeat, Graphic Packaging presently has an average rating of "Hold" and an average target price of $26.38.

Graphic Packaging Trading Up 0.6%

GPK stock traded up $0.13 during trading on Tuesday, hitting $20.34. The company had a trading volume of 3,190,772 shares, compared to its average volume of 3,444,933. The firm has a 50-day moving average price of $22.19 and a 200-day moving average price of $23.20. 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 Holding Company has a 12 month low of $20.10 and a 12 month high of $30.70. The stock has a market cap of $6.03 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 6.87 and a beta of 0.75.

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

Graphic Packaging Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Monday, September 15th. Graphic Packaging's payout ratio is currently 24.86%.

Insiders Place Their Bets

In other news, Director Philip R. Martens sold 7,015 shares of the business's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $21.80, for a total value of $152,927.00. Following the completion of the transaction, the director owned 26,811 shares of the company's stock, valued at $584,479.80. The trade was a 20.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Joseph P. Yost sold 30,000 shares of the business's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $22.72, for a total transaction 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 93,752 shares of company stock valued at $2,073,663 in the last ninety days. Company insiders own 1.41% of the company's stock.

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.