Hsbc Holdings PLC Increases Position in Graphic Packaging Holding Company $GPK

Hsbc Holdings PLC boosted its position in Graphic Packaging Holding Company (NYSE:GPK) by 83.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 592,968 shares of the industrial products company’s stock after acquiring an additional 270,382 shares during the quarter. Hsbc Holdings PLC’s holdings in Graphic Packaging were worth $6,279,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in GPK. AQR Capital Management LLC boosted its holdings in shares of Graphic Packaging by 36.6% in the 1st quarter. AQR Capital Management LLC now owns 171,608 shares of the industrial products company’s stock worth $4,453,000 after purchasing an additional 45,944 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Graphic Packaging by 9.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,471,519 shares of the industrial products company’s stock valued at $38,201,000 after buying an additional 132,692 shares in the last quarter. Invesco Ltd. raised its holdings in shares of 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 buying an additional 477,085 shares in the last quarter. First Trust Advisors LP lifted its position in Graphic Packaging by 3.6% in the 2nd quarter. First Trust Advisors LP now owns 1,002,964 shares of the industrial products company’s stock worth $21,133,000 after buying an additional 34,790 shares during the last quarter. Finally, Bank of Nova Scotia purchased a new stake in Graphic Packaging in the second quarter worth approximately $357,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on GPK. Wells Fargo & Company increased their price target on shares of Graphic Packaging from $9.00 to $10.00 and gave the company an “underweight” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. initiated coverage on shares of Graphic Packaging in a report on Monday, June 29th. They issued a “neutral” rating and a $11.70 price objective for the company. UBS Group upped their price objective on shares of Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Bank of America started coverage on shares of Graphic Packaging in a report on Tuesday, July 14th. They set a “neutral” rating and a $12.00 target price on the stock. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. Nine 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, the company currently has an average rating of “Reduce” and a consensus price target of $11.14.

Graphic Packaging Price Performance

GPK opened at $9.51 on Thursday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.38 and a quick ratio of 0.60. The stock’s 50 day simple moving average is $11.07 and its 200 day simple moving average is $10.57. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 14.40 and a beta of 0.65. Graphic Packaging Holding Company has a 1 year low of $8.78 and a 1 year high of $21.24.

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

Graphic Packaging Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Tuesday, September 15th. Graphic Packaging’s dividend payout ratio is currently 66.67%.

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.