UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Buys 591,409 Shares of Graphic Packaging Holding Company $GPK

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Graphic Packaging Holding Company (NYSE:GPK) by 42.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,983,665 shares of the industrial products company’s stock after purchasing an additional 591,409 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.66% of Graphic Packaging worth $51,496,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas increased its stake in Graphic Packaging by 75.3% in the first quarter. Teacher Retirement System of Texas now owns 50,534 shares of the industrial products company’s stock valued at $1,312,000 after purchasing an additional 21,708 shares in the last quarter. New York State Teachers Retirement System increased its stake in Graphic Packaging by 3.1% in the first quarter. New York State Teachers Retirement System now owns 221,927 shares of the industrial products company’s stock valued at $5,761,000 after purchasing an additional 6,623 shares in the last quarter. State of Alaska Department of Revenue increased its stake in Graphic Packaging by 2.7% in the first quarter. State of Alaska Department of Revenue now owns 35,155 shares of the industrial products company’s stock valued at $912,000 after purchasing an additional 935 shares in the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd increased its stake in Graphic Packaging by 23.3% in the first quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 98,889 shares of the industrial products company’s stock valued at $2,567,000 after purchasing an additional 18,668 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Graphic Packaging by 21.7% in the first quarter. Envestnet Asset Management Inc. now owns 790,496 shares of the industrial products company’s stock valued at $20,521,000 after purchasing an additional 140,890 shares in the last quarter. 99.67% of the stock is owned by institutional investors.

Graphic Packaging Stock Down 1.6%

GPK opened at $20.73 on Monday. The company has a quick ratio of 0.56, a current ratio of 1.43 and a debt-to-equity ratio of 1.68. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of 11.71, a PEG ratio of 7.04 and a beta of 0.75. Graphic Packaging Holding Company has a twelve month low of $20.38 and a twelve month high of $30.70. The company’s 50-day moving average price is $22.25 and its two-hundred day moving average price is $23.27.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings results on Tuesday, July 29th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. Graphic Packaging had a net margin of 6.18% and a return on equity of 21.13%. The company had revenue of $2.20 billion for 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, equities analysts expect that Graphic Packaging Holding Company will post 2.47 earnings per share for the current year.

Graphic Packaging Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Monday, September 15th will be given a $0.11 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.1%. Graphic Packaging’s payout ratio is 24.86%.

Analyst Ratings Changes

GPK has been the subject of a number of analyst reports. Bank of America reduced their price objective on shares of Graphic Packaging from $31.00 to $28.00 and set a “buy” rating for the company in a report on Wednesday, July 9th. Truist Financial reduced their price objective on shares of Graphic Packaging from $24.00 to $23.00 and set a “hold” rating for the company in a report on Friday, July 11th. BNP Paribas Exane cut shares of Graphic Packaging from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 25th. Wells Fargo & Company lifted their price objective on shares of Graphic Packaging from $21.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, July 18th. Finally, UBS Group initiated coverage on shares of Graphic Packaging in a report on Wednesday, June 4th. They set a “neutral” rating and a $24.00 price objective for the company. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Graphic Packaging presently has an average rating of “Hold” and a consensus price target of $26.38.

Insider Activity at Graphic Packaging

In other news, EVP Joseph P. Yost sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $22.72, for a total value of $681,600.00. Following the sale, the executive vice president owned 255,203 shares of the company’s stock, valued at $5,798,212.16. The trade was a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Philip R. Martens sold 7,015 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $21.80, for a total transaction of $152,927.00. Following the completion of the sale, the director directly owned 26,811 shares in the company, valued at approximately $584,479.80. This trade represents a 20.74% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 93,752 shares of company stock worth $2,073,663. Insiders own 1.41% of the company’s stock.

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.