Envestnet Asset Management Inc. Reduces Holdings in Graphic Packaging Holding Company $GPK

Envestnet Asset Management Inc. cut its stake in Graphic Packaging Holding Company (NYSE:GPK) by 58.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 218,917 shares of the industrial products company’s stock after selling 310,481 shares during the period. Envestnet Asset Management Inc. owned about 0.07% of Graphic Packaging worth $4,284,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Bessemer Group Inc. increased its position in shares of Graphic Packaging by 130.7% during the second quarter. Bessemer Group Inc. now owns 1,382 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 783 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Graphic Packaging by 1,356.1% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,791 shares of the industrial products company’s stock worth $38,000 after buying an additional 1,668 shares during the last quarter. Operose Advisors LLC acquired a new position in Graphic Packaging in the second quarter valued at $42,000. Global Retirement Partners LLC increased its holdings in shares of Graphic Packaging by 65.2% in the third quarter. Global Retirement Partners LLC now owns 2,291 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 904 shares during the period. Finally, State of Wyoming raised its stake in shares of Graphic Packaging by 96.1% during the second quarter. State of Wyoming now owns 3,527 shares of the industrial products company’s stock worth $74,000 after purchasing an additional 1,728 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Graphic Packaging Stock Down 3.2%

GPK stock opened at $12.13 on Tuesday. The company has a current ratio of 1.30, a quick ratio of 0.52 and a debt-to-equity ratio of 1.50. The company’s 50-day moving average price is $14.50 and its 200 day moving average price is $17.14. Graphic Packaging Holding Company has a 52 week low of $11.79 and a 52 week high of $28.19. The company has a market cap of $3.58 billion, a P/E ratio of 8.19 and a beta of 0.62.

Graphic Packaging (NYSE:GPK) last issued its 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 company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Graphic Packaging had a net margin of 5.15% and a return on equity of 16.58%. The company’s quarterly revenue was up .4% on a year-over-year basis. During the same period last year, the business posted $0.59 earnings per share. Graphic Packaging has set its FY 2026 guidance at 0.750-1.15 EPS. On average, research analysts expect that Graphic Packaging Holding Company will post 2.47 earnings per share for the current fiscal year.

Graphic Packaging Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Monday, December 15th were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Monday, December 15th. Graphic Packaging’s payout ratio is presently 29.73%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Robert W. Baird set a $15.00 price objective on shares of Graphic Packaging in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Graphic Packaging in a research note on Monday, December 29th. Wells Fargo & Company cut their price target on shares of Graphic Packaging from $12.00 to $11.00 and set an “underweight” rating for the company in a report on Wednesday, February 4th. UBS Group lowered their price objective on Graphic Packaging from $19.00 to $17.00 and set a “neutral” rating on the stock in a report on Monday, January 12th. Finally, Truist Financial set a $14.00 target price on Graphic Packaging in a research report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Graphic Packaging presently has a consensus rating of “Reduce” and an average target price of $16.63.

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.