American Century Companies Inc. Reduces Stock Holdings in Graphic Packaging Holding Company $GPK

American Century Companies Inc. lowered its holdings in shares of Graphic Packaging Holding Company (NYSE:GPK) by 11.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,456,815 shares of the industrial products company’s stock after selling 2,565,532 shares during the quarter. American Century Companies Inc. owned approximately 6.59% of Graphic Packaging worth $380,770,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Transce3nd LLC grew its holdings in Graphic Packaging by 8.4% during the second quarter. Transce3nd LLC now owns 6,443 shares of the industrial products company’s stock valued at $136,000 after purchasing an additional 500 shares during the period. Elevation Point Wealth Partners LLC lifted its position in shares of Graphic Packaging by 4.3% during the 2nd quarter. Elevation Point Wealth Partners LLC now owns 12,280 shares of the industrial products company’s stock valued at $259,000 after buying an additional 510 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Graphic Packaging by 3.0% during the 2nd quarter. NewEdge Advisors LLC now owns 18,379 shares of the industrial products company’s stock valued at $387,000 after buying an additional 539 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of Graphic Packaging by 4.6% during the 2nd quarter. ProShare Advisors LLC now owns 13,379 shares of the industrial products company’s stock valued at $282,000 after acquiring an additional 588 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in Graphic Packaging by 0.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 71,049 shares of the industrial products company’s stock worth $1,497,000 after acquiring an additional 660 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Graphic Packaging Price Performance

GPK opened at $12.21 on Friday. The business has a fifty day moving average of $14.24 and a 200 day moving average of $16.92. The stock has a market cap of $3.60 billion, a P/E ratio of 8.25 and a beta of 0.62. The company has a quick ratio of 0.52, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. Graphic Packaging Holding Company has a 52-week low of $11.69 and a 52-week high of $28.19.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.05). The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.04 billion. Graphic Packaging had a return on equity of 16.58% and a net margin of 5.15%.Graphic Packaging’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 EPS. Graphic Packaging has set its FY 2026 guidance at 0.750-1.15 EPS. As a group, sell-side analysts anticipate that Graphic Packaging Holding Company will post 2.47 EPS for the current year.

Graphic Packaging Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Sunday, March 15th will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, March 13th. Graphic Packaging’s payout ratio is 29.73%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Wells Fargo & Company lowered their target price on shares of Graphic Packaging from $12.00 to $11.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 4th. Citigroup lowered their price objective on Graphic Packaging from $16.00 to $13.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Zacks Research lowered Graphic Packaging from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 14th. Truist Financial set a $14.00 target price on Graphic Packaging in a research note on Wednesday, February 4th. Finally, Royal Bank Of Canada set a $13.00 price target on Graphic Packaging in a research note on Wednesday, February 4th. Eight analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Graphic Packaging currently has a consensus rating of “Reduce” and a consensus price target of $16.63.

Graphic Packaging Company Profile

Graphic Packaging Holding Company is a leading provider of sustainable paperboard packaging solutions, offering a broad portfolio of products designed for food, beverage and other consumer goods markets. The company specializes in the manufacture of containerboard, folding cartons and engineered fill materials, as well as beverage packaging systems including paperboard cups, carriers and related components.

Through a network of manufacturing facilities across North America, Europe and Latin America, Graphic Packaging serves a diverse customer base that includes major consumer packaged goods companies, quick-service restaurants and retail chains.