Graphic Packaging (NYSE:GPK) Sets New 52-Week Low – Here’s What Happened

Shares of Graphic Packaging Holding Company (NYSE:GPK) reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $8.15 and last traded at $8.7050, with a volume of 101,552 shares. The stock had previously closed at $8.39.

Analyst Ratings Changes

GPK has been the subject of a number of research analyst reports. Bank of America reduced their target price on Graphic Packaging from $14.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, September 11th. Wells Fargo & Company decreased their target price on Graphic Packaging from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Monday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a research note on Monday, September 21st. Citigroup dropped their price target on Graphic Packaging from $13.00 to $9.00 and set a “neutral” rating for the company in a research report on Friday, October 2nd. Finally, Royal Bank Of Canada reduced their price objective on Graphic Packaging from $10.00 to $9.00 and set a “sector perform” rating for the company in a research note on Tuesday, October 13th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $10.29.

Graphic Packaging Trading Up 4.0%

The firm has a market capitalization of $2.58 billion, a price-to-earnings ratio of 13.24 and a beta of 0.66. The company has a fifty day moving average price of $9.82 and a two-hundred day moving average price of $10.27. The company has a current ratio of 1.38, a quick ratio of 0.60 and a debt-to-equity ratio of 1.58.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%. The business had revenue of $2.19 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the business 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. As a group, research analysts forecast that Graphic Packaging Holding Company will post 0.69 earnings per share for the current fiscal year.

Graphic Packaging Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Tuesday, September 15th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a yield of 5.0%. Graphic Packaging’s payout ratio is 66.67%.

Institutional Trading of Graphic Packaging

Several large investors have recently added to or reduced their stakes in GPK. BlackRock Inc. acquired a new stake in shares of Graphic Packaging in the 2nd quarter worth $440,345,000. Manning & Napier Advisors LLC boosted its position in shares of Graphic Packaging by 6,288.6% during the 1st quarter. Manning & Napier Advisors LLC now owns 8,481,670 shares of the industrial products company’s stock valued at $84,308,000 after acquiring an additional 8,348,907 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Graphic Packaging during the 2nd quarter valued at about $45,266,000. Squarepoint Ops LLC grew its holdings in shares of Graphic Packaging by 20.3% in the second quarter. Squarepoint Ops LLC now owns 4,155,774 shares of the industrial products company’s stock valued at $43,927,000 after purchasing an additional 701,762 shares during the period. Finally, Maple Rock Capital Partners Inc. purchased a new stake in shares of Graphic Packaging in the second quarter valued at about $43,335,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

About Graphic Packaging

Graphic Packaging Holding Company, through its subsidiary Graphic Packaging International, develops and manufactures fiber-based packaging products for consumer goods companies. Its offerings include paperboard folding cartons, beverage carriers, cups, foodservice packaging, and other packaging solutions designed for products sold in grocery, foodservice, beverage, and household markets.

The company serves brand owners and manufacturers across a range of end markets, including food, beverage, consumer packaged goods, and foodservice.