Brokerages Set Graphic Packaging Holding Company (NYSE:GPK) Price Target at $11.03

Shares of Graphic Packaging Holding Company (NYSE:GPK) have earned a consensus rating of “Reduce” from the twelve research firms that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation and nine have given a hold recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $11.0333.

Several analysts have recently issued reports on GPK shares. Citigroup lifted their target price on shares of Graphic Packaging from $10.00 to $11.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Truist Financial reduced their price target on shares of Graphic Packaging from $14.00 to $11.00 and set a “hold” rating for the company in a research report on Wednesday, April 15th. Zacks Research raised shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. UBS Group lifted their price objective on Graphic Packaging from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Finally, Robert W. Baird set a $13.00 price objective on Graphic Packaging in a research note on Wednesday, May 6th.

Insider Activity at Graphic Packaging

In other news, Director Jeffrey Stafeil purchased 17,878 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was purchased at an average cost of $11.19 per share, for a total transaction of $200,054.82. Following the completion of the transaction, the director owned 17,878 shares of the company’s stock, valued at $200,054.82. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Graphic Packaging

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its position in shares of Graphic Packaging by 36.6% in the first quarter. AQR Capital Management LLC now owns 171,608 shares of the industrial products company’s stock valued at $4,453,000 after buying an additional 45,944 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Graphic Packaging by 9.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,471,519 shares of the industrial products company’s stock worth $38,201,000 after acquiring an additional 132,692 shares during the last quarter. Hsbc Holdings PLC boosted its position in Graphic Packaging by 5.4% during the second quarter. Hsbc Holdings PLC now owns 15,485 shares of the industrial products company’s stock worth $326,000 after acquiring an additional 791 shares during the last quarter. Invesco Ltd. grew its stake in Graphic Packaging by 28.8% during the 2nd quarter. Invesco Ltd. now owns 2,130,941 shares of the industrial products company’s stock valued at $44,899,000 after acquiring an additional 477,085 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in Graphic Packaging by 3.6% during the 2nd quarter. First Trust Advisors LP now owns 1,002,964 shares of the industrial products company’s stock valued at $21,133,000 after acquiring an additional 34,790 shares in the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Graphic Packaging Trading Up 0.3%

Shares of NYSE:GPK opened at $11.03 on Thursday. The business’s 50 day moving average price is $10.61 and its 200-day moving average price is $11.31. Graphic Packaging has a 1 year low of $8.78 and a 1 year high of $23.76. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 11.98 and a beta of 0.66. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.41 and a quick ratio of 0.59.

Graphic Packaging (NYSE:GPK) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.06 by $0.03. The company had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.05 billion. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. The firm’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 EPS. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. On average, equities research analysts forecast that Graphic Packaging will post 0.75 earnings per share for the current fiscal year.

Graphic Packaging Dividend Announcement

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

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.