Barings LLC Has $1.76 Million Stock Holdings in Graphic Packaging Holding Company $GPK

Barings LLC boosted its position in shares of Graphic Packaging Holding Company (NYSE:GPK) by 63.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 83,412 shares of the industrial products company’s stock after acquiring an additional 32,503 shares during the period. Barings LLC’s holdings in Graphic Packaging were worth $1,757,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of Graphic Packaging during the first quarter valued at approximately $28,000. Brooklyn Investment Group increased its holdings in Graphic Packaging by 69.9% in the 1st 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. Bessemer Group Inc. raised its stake in shares of Graphic Packaging by 130.7% in the 2nd quarter. Bessemer Group Inc. now owns 1,382 shares of the industrial products company’s stock valued at $29,000 after buying an additional 783 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Graphic Packaging by 1,356.1% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,791 shares of the industrial products company’s stock valued at $38,000 after buying an additional 1,668 shares in the last quarter. Finally, LRI Investments LLC boosted its position in shares of Graphic Packaging by 48.3% during the 2nd quarter. LRI Investments LLC now owns 2,073 shares of the industrial products company’s stock valued at $44,000 after acquiring an additional 675 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.

Graphic Packaging Trading Up 2.6%

GPK stock opened at $15.57 on Friday. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.43 and a quick ratio of 0.56. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of 8.79 and a beta of 0.72. The business has a fifty day moving average price of $17.66 and a 200 day moving average price of $20.61. Graphic Packaging Holding Company has a fifty-two week low of $14.90 and a fifty-two week high of $30.49.

Graphic Packaging (NYSE:GPK) last announced its earnings results on Tuesday, November 4th. The industrial products company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. Graphic Packaging had a return on equity of 21.13% and a net margin of 6.18%.The company had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.17 billion. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. Analysts expect that Graphic Packaging Holding Company will post 2.47 EPS for the current fiscal year.

Insider Buying and Selling at Graphic Packaging

In other news, EVP Joseph P. Yost sold 30,000 shares of the company’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 transaction of $681,600.00. Following the transaction, the executive vice president directly owned 255,203 shares in the company, valued at approximately $5,798,212.16. This represents a 10.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.41% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on GPK shares. Citigroup dropped their price target on shares of Graphic Packaging from $23.00 to $21.00 and set a “neutral” rating for the company in a research report on Monday, October 6th. Zacks Research cut Graphic Packaging from a “hold” rating to a “strong sell” rating in a report on Monday, November 3rd. Bank of America reaffirmed a “neutral” rating and issued a $24.00 price target on shares of Graphic Packaging in a research note on Thursday, October 9th. Truist Financial lowered their price target on Graphic Packaging from $23.00 to $20.00 and set a “hold” rating on the stock in a research report on Monday, October 13th. Finally, Raymond James Financial cut Graphic Packaging from an “outperform” rating to a “market perform” rating in a report on Friday, October 17th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $22.63.

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.