Engineers Gate Manager LP Purchases 168,171 Shares of Graphic Packaging Holding Company $GPK

Engineers Gate Manager LP increased its position in Graphic Packaging Holding Company (NYSE:GPK) by 60.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 444,472 shares of the industrial products company’s stock after acquiring an additional 168,171 shares during the quarter. Engineers Gate Manager LP’s holdings in Graphic Packaging were worth $4,698,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Bell Investment Advisors Inc acquired a new stake in shares of Graphic Packaging in the second quarter valued at about $25,000. Quarry LP boosted its stake in Graphic Packaging by 282.0% during the 3rd quarter. Quarry LP now owns 1,547 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 1,142 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in Graphic Packaging by 13,971.4% in the 4th 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 last quarter. Physician Wealth Advisors Inc. increased its position in 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 period. Finally, Versant Capital Management Inc increased its position in Graphic Packaging by 1,075.7% in the 2nd 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 period. 99.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on GPK. UBS Group upped their price target on Graphic Packaging from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Wells Fargo & Company boosted their target price on shares of Graphic Packaging from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Zacks Research upgraded shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. JPMorgan Chase & Co. assumed coverage on shares of Graphic Packaging in a research note on Monday, June 29th. They set a “neutral” rating and a $11.70 target price for the company. Finally, Bank of America reduced their price target on shares of Graphic Packaging from $14.00 to $13.00 and set a “neutral” rating for the company in a report on Friday. Nine equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $11.26.

Graphic Packaging Stock Performance

GPK opened at $9.50 on Friday. The stock’s 50 day simple moving average is $11.01 and its 200-day simple moving average is $10.55. The company has a current ratio of 1.38, a quick ratio of 0.60 and a debt-to-equity ratio of 1.58. The stock has a market cap of $2.81 billion, a PE ratio of 14.39 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 posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Graphic Packaging had a net margin of 2.25% and a return on equity of 9.95%. The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the previous year, the company earned $0.42 earnings per share. The business’s revenue was down .7% compared to the same quarter last year. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. Sell-side analysts forecast that Graphic Packaging Holding Company will post 0.72 EPS for the current year.

Graphic Packaging Announces Dividend

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

Graphic Packaging Profile

Graphic Packaging Holding Company, operating through Graphic Packaging International, develops and manufactures fiber-based packaging solutions for consumer packaged goods companies. Its products are used primarily in the food, beverage and household products industries, where packaging is designed to protect products, support branding and improve convenience.

The company’s offerings include folding cartons, paperboard packaging, coated recycled board, paper cups and other foodservice packaging products.