Graphic Packaging (NYSE:GPK) Research Coverage Started at Bank of America

Bank of America began coverage on shares of Graphic Packaging (NYSE:GPK) in a research note published on Tuesday morning. The firm issued a neutral rating and a $12.00 target price on the industrial products company’s stock.

Other research analysts have also recently issued reports about the stock. UBS Group lifted their price objective on shares of Graphic Packaging from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Robert W. Baird set a $13.00 target price on shares of Graphic Packaging in a report on Wednesday, May 6th. Wells Fargo & Company dropped their price target on shares of Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 14th. Truist Financial lowered their price objective on Graphic Packaging from $14.00 to $11.00 and set a “hold” rating for the company in a research note on Wednesday, April 15th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a report on Wednesday, June 24th. Nine investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Graphic Packaging currently has an average rating of “Reduce” and an average target price of $11.03.

Graphic Packaging Price Performance

Shares of NYSE:GPK opened at $11.13 on Tuesday. Graphic Packaging has a twelve month low of $8.78 and a twelve month high of $23.76. The stock’s 50 day moving average is $10.51 and its 200-day moving average is $11.46. The company has a quick ratio of 0.59, a current ratio of 1.41 and a debt-to-equity ratio of 1.60. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 12.10 and a beta of 0.66.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.03. The business had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $2.05 billion. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. Graphic Packaging’s revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 EPS. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. Sell-side analysts forecast that Graphic Packaging will post 0.76 EPS for the current fiscal year.

Graphic Packaging Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 15th were issued a $0.11 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 4.0%. Graphic Packaging’s dividend payout ratio is currently 47.83%.

Insider Activity at Graphic Packaging

In other Graphic Packaging news, Director Jeffrey Stafeil purchased 17,878 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average cost of $11.19 per share, for a total transaction of $200,054.82. Following the completion of the acquisition, the director owned 17,878 shares of the company’s stock, valued at $200,054.82. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GPK. Quarry LP raised its stake in shares of Graphic Packaging by 282.0% during the 3rd quarter. Quarry LP now owns 1,547 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 1,142 shares during the period. Caitong International Asset Management Co. Ltd grew its position in Graphic Packaging by 13,971.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,970 shares of the industrial products company’s stock valued at $30,000 after buying an additional 1,956 shares during the period. MassMutual Private Wealth & Trust FSB grew its position in Graphic Packaging by 649.6% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,039 shares of the industrial products company’s stock valued at $31,000 after buying an additional 1,767 shares during the period. Physician Wealth Advisors Inc. increased its holdings in Graphic Packaging by 2,321.1% during the first quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company’s stock worth $32,000 after buying an additional 3,087 shares during the last quarter. Finally, Versant Capital Management Inc increased its holdings in Graphic Packaging by 1,075.7% during the second quarter. Versant Capital Management Inc now owns 3,480 shares of the industrial products company’s stock worth $37,000 after buying an additional 3,184 shares during the last quarter. Institutional investors own 99.67% of the company’s stock.

About Graphic Packaging

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.