GAMMA Investing LLC Raises Holdings in Graphic Packaging Holding Company $GPK

GAMMA Investing LLC boosted its holdings in shares of Graphic Packaging Holding Company (NYSE:GPK) by 54.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,841 shares of the industrial products company’s stock after buying an additional 2,065 shares during the quarter. GAMMA Investing LLC’s holdings in Graphic Packaging were worth $123,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of GPK. Caitong International Asset Management Co. Ltd purchased a new position in Graphic Packaging during the first quarter valued at approximately $28,000. Brooklyn Investment Group increased its holdings 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 valued at $28,000 after buying an additional 438 shares during the period. Wayfinding Financial LLC purchased a new position in Graphic Packaging during the first quarter valued at approximately $42,000. UMB Bank n.a. boosted its stake in 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 acquired a new stake in Graphic Packaging in the first quarter valued at approximately $64,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Graphic Packaging news, 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. The trade was a 62.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Joseph P. Yost sold 30,000 shares of Graphic Packaging 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. 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 ninety days. 1.41% of the stock is owned by corporate insiders.

Graphic Packaging Trading Up 1.3%

NYSE GPK opened at $19.56 on Wednesday. The company has a market capitalization of $5.79 billion, a PE ratio of 11.05, a P/E/G ratio of 6.56 and a beta of 0.75. The company has a fifty day moving average of $21.59 and a 200 day moving average of $22.71. Graphic Packaging Holding Company has a 1 year low of $19.05 and a 1 year high of $30.70. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.43 and a quick ratio of 0.56.

Graphic Packaging (NYSE:GPK) last posted 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 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. Research analysts forecast that Graphic Packaging Holding Company will post 2.47 earnings per share for the current year.

Graphic Packaging Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on GPK shares. BNP Paribas Exane downgraded shares of Graphic Packaging from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 25th. Royal Bank Of Canada lowered 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. Wells Fargo & Company lowered their target price on shares of Graphic Packaging from $23.00 to $20.00 and set an “equal weight” rating for the company in a research note on Wednesday, September 17th. UBS Group started coverage on shares of Graphic Packaging in a research note on Wednesday, June 4th. They issued a “neutral” rating and a $24.00 target price for the company. Finally, Truist Financial lowered 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. Four investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Graphic Packaging has a consensus rating of “Hold” and a consensus target price of $26.00.

About Graphic Packaging

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.