Cygnus Capital Advisors LLC Purchases New Position in Graphic Packaging Holding Company $GPK

Cygnus Capital Advisors LLC purchased a new stake in shares of Graphic Packaging Holding Company (NYSE:GPKFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 217,900 shares of the industrial products company’s stock, valued at approximately $2,303,000. Graphic Packaging makes up approximately 1.6% of Cygnus Capital Advisors LLC’s investment portfolio, making the stock its 26th biggest holding.

Other hedge funds have also modified their holdings of the company. Quarry LP increased its position in Graphic Packaging by 282.0% in the third 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 last quarter. Caitong International Asset Management Co. Ltd lifted 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 purchasing an additional 1,956 shares during the last quarter. Danske Bank A S bought a new position in Graphic Packaging during the third quarter valued at $45,000. Bell Investment Advisors Inc purchased a new position in shares of Graphic Packaging in the 2nd quarter worth $25,000. Finally, Physician Wealth Advisors Inc. increased its holdings in shares of Graphic Packaging by 2,321.1% in the 1st 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. 99.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Zacks Research upgraded shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Bank of America began coverage on Graphic Packaging in a research note on Tuesday, July 14th. They set a “neutral” rating and a $12.00 price objective on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. UBS Group raised their price objective on Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. assumed coverage on Graphic Packaging in a report on Monday, June 29th. They issued a “neutral” rating and a $11.70 target price for the company. Nine analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $11.14.

Get Our Latest Analysis on GPK

Graphic Packaging Stock Up 0.3%

Shares of NYSE:GPK opened at $10.46 on Tuesday. The firm has a market capitalization of $3.10 billion, a PE ratio of 15.85 and a beta of 0.65. The business has a 50 day simple moving average of $11.11 and a two-hundred day simple moving average of $10.62. Graphic Packaging Holding Company has a 1 year low of $8.78 and a 1 year high of $21.71. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.38 and a quick ratio of 0.60.

Graphic Packaging (NYSE:GPKGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the prior year, the business posted $0.42 earnings per share. The company’s revenue for the quarter was down .7% on a year-over-year basis. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. On average, equities analysts predict that Graphic Packaging Holding Company will post 0.72 EPS for the current year.

Graphic Packaging Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Tuesday, September 15th will be paid a $0.11 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a yield of 4.2%. Graphic Packaging’s dividend payout ratio (DPR) is presently 66.67%.

Graphic Packaging Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Graphic Packaging (NYSE:GPK)

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