UniSuper Management Pty Ltd Invests $1.29 Million in Graphic Packaging Holding Company $GPK

Key Points

• UniSuper Management Pty Ltd has invested approximately $1.29 million in Graphic Packaging Holding Company by purchasing 49,542 shares in the first quarter.
• Insiders have recently sold a total of 93,752 shares of Graphic Packaging stock, valued at $2,073,663, with a significant decrease in positions noted among executives.
• Graphic Packaging has announced a quarterly dividend of $0.11 per share, representing an annualized yield of 2.1% and a payout ratio of 24.86%.

UniSuper Management Pty Ltd purchased a new position in Graphic Packaging Holding Company (NYSE:GPK - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 49,542 shares of the industrial products company's stock, valued at approximately $1,286,000.

A number of other institutional investors also recently made changes to their positions in GPK. Victory Capital Management Inc. lifted its stake in shares of Graphic Packaging by 1,004.9% in the 1st quarter. Victory Capital Management Inc. now owns 9,240,697 shares of the industrial products company's stock worth $239,888,000 after acquiring an additional 8,404,340 shares during the period. American Century Companies Inc. lifted its stake in shares of Graphic Packaging by 11.7% in the 1st quarter. American Century Companies Inc. now owns 18,488,501 shares of the industrial products company's stock worth $479,962,000 after acquiring an additional 1,932,841 shares during the period. Epoch Investment Partners Inc. lifted its stake in shares of Graphic Packaging by 11,000.0% in the 1st quarter. Epoch Investment Partners Inc. now owns 1,299,806 shares of the industrial products company's stock worth $33,743,000 after acquiring an additional 1,288,096 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Graphic Packaging by 14.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,890,782 shares of the industrial products company's stock worth $204,844,000 after acquiring an additional 1,018,017 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Graphic Packaging by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 30,655,111 shares of the industrial products company's stock worth $795,807,000 after acquiring an additional 929,764 shares during the period. 99.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Graphic Packaging news, Director Philip R. Martens sold 7,015 shares of the stock in a transaction that occurred 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 sale, the director owned 26,811 shares in the company, valued at $584,479.80. This represents a 20.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Joseph P. Yost sold 30,000 shares of the stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $22.72, for a total transaction of $681,600.00. Following the completion of the sale, the executive vice president owned 255,203 shares of the company's stock, valued at approximately $5,798,212.16. The trade was a 10.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 93,752 shares of company stock valued at $2,073,663 in the last 90 days. Corporate insiders own 1.41% of the company's stock.

Graphic Packaging Price Performance

GPK opened at $20.68 on Thursday. The stock has a fifty day moving average of $22.29 and a 200-day moving average of $23.40. The firm has a market capitalization of $6.12 billion, a P/E ratio of 11.68, a PEG ratio of 6.98 and a beta of 0.75. Graphic Packaging Holding Company has a 12-month low of $20.38 and a 12-month high of $30.70. 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 earnings results on Tuesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.13 billion. Graphic Packaging had a return on equity of 21.13% and a net margin of 6.18%. Graphic Packaging has set its FY 2025 guidance at 1.900-2.20 EPS. Equities analysts forecast that Graphic Packaging Holding Company will post 2.47 EPS for the current fiscal year.

Graphic Packaging Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Monday, September 15th will be issued a $0.11 dividend. The ex-dividend date 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 is presently 24.86%.

Analyst Upgrades and Downgrades

GPK has been the subject of several recent research reports. Truist Financial cut their target price 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. Bank of America cut their target price on shares of Graphic Packaging from $31.00 to $28.00 and set a "buy" rating for the company in a research note on Wednesday, July 9th. Wells Fargo & Company increased 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. UBS Group initiated coverage on shares of Graphic Packaging in a research note on Wednesday, June 4th. They set a "neutral" rating and a $24.00 target price for the company. Finally, Royal Bank Of Canada cut their target price 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. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target 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.

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