William Blair Comments on Karat Packaging FY2026 Earnings

Karat Packaging Inc. (NASDAQ:KRT) – Research analysts at William Blair cut their FY2026 EPS estimates for shares of Karat Packaging in a note issued to investors on Thursday, January 2nd. William Blair analyst R. Merkel now anticipates that the company will post earnings per share of $1.96 for the year, down from their prior forecast of $2.20. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for Karat Packaging’s current full-year earnings is $1.66 per share.

Separately, Stifel Nicolaus boosted their price objective on Karat Packaging from $32.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, December 11th.

Karat Packaging Stock Performance

Shares of NASDAQ KRT opened at $30.24 on Friday. The business’s 50-day moving average price is $30.00 and its two-hundred day moving average price is $27.97. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.12 and a quick ratio of 1.82. Karat Packaging has a one year low of $22.51 and a one year high of $33.14. The company has a market capitalization of $605.53 million, a P/E ratio of 21.60 and a beta of 1.08.

Karat Packaging Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 20th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 5.29%. This is a positive change from Karat Packaging’s previous quarterly dividend of $0.35. The ex-dividend date was Wednesday, November 20th. Karat Packaging’s dividend payout ratio (DPR) is presently 114.29%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its stake in shares of Karat Packaging by 2.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 170,310 shares of the company’s stock valued at $5,038,000 after purchasing an additional 4,408 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of Karat Packaging in the 2nd quarter valued at about $1,162,000. Rhumbline Advisers grew its holdings in shares of Karat Packaging by 4.4% in the 2nd quarter. Rhumbline Advisers now owns 9,203 shares of the company’s stock valued at $272,000 after acquiring an additional 387 shares in the last quarter. Acadian Asset Management LLC grew its holdings in Karat Packaging by 8.2% during the second quarter. Acadian Asset Management LLC now owns 283,278 shares of the company’s stock worth $8,375,000 after purchasing an additional 21,383 shares during the period. Finally, LSV Asset Management bought a new position in Karat Packaging during the second quarter worth about $2,359,000. 25.20% of the stock is currently owned by institutional investors.

Karat Packaging Company Profile

Karat Packaging Inc, together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand.