Graphic Packaging Holding Company $GPK Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its position in shares of Graphic Packaging Holding Company (NYSE:GPK) by 14.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 83,095 shares of the industrial products company’s stock after selling 13,837 shares during the quarter. Cetera Investment Advisers’ holdings in Graphic Packaging were worth $1,751,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. increased its position in shares of Graphic Packaging by 11.7% in the first quarter. American Century Companies Inc. now owns 18,488,501 shares of the industrial products company’s stock valued at $479,962,000 after buying an additional 1,932,841 shares in the last quarter. Epoch Investment Partners Inc. grew its stake in 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 valued at $33,743,000 after acquiring an additional 1,288,096 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Graphic Packaging by 7.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 17,636,296 shares of the industrial products company’s stock valued at $385,353,000 after acquiring an additional 1,264,922 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Graphic Packaging by 11.8% during the second quarter. Massachusetts Financial Services Co. MA now owns 11,570,040 shares of the industrial products company’s stock worth $243,781,000 after acquiring an additional 1,218,848 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Graphic Packaging by 14.8% in the first quarter. Dimensional Fund Advisors LP now owns 7,890,782 shares of the industrial products company’s stock valued at $204,844,000 after purchasing an additional 1,018,017 shares in the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Graphic Packaging Stock Performance

NYSE GPK opened at $16.22 on Monday. The business’s 50-day moving average price is $17.27 and its 200 day moving average price is $20.36. The company has a current ratio of 1.43, a quick ratio of 0.56 and a debt-to-equity ratio of 1.68. Graphic Packaging Holding Company has a twelve month low of $14.90 and a twelve month high of $30.49. The company has a market capitalization of $4.79 billion, a PE ratio of 9.16 and a beta of 0.72.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, November 4th. The industrial products company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. The company had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.17 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 1.800-2.000 EPS. On average, research analysts predict that Graphic Packaging Holding Company will post 2.47 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Raymond James Financial downgraded Graphic Packaging from an “outperform” rating to a “market perform” rating in a research report on Friday, October 17th. UBS Group cut their price target on Graphic Packaging from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Royal Bank Of Canada downgraded Graphic Packaging from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from $25.00 to $21.00 in a research report on Thursday, October 9th. Wells Fargo & Company dropped their price objective on Graphic Packaging from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, November 6th. Finally, Bank of America restated a “neutral” rating and issued a $24.00 target price on shares of Graphic Packaging in a report on Thursday, October 9th. One investment 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 MarketBeat, the company has a consensus rating of “Hold” and an average 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.