Graphic Packaging (NYSE:GPK) Given New $12.00 Price Target at UBS Group

Graphic Packaging (NYSE:GPK) had its price target upped by UBS Group from $10.00 to $12.00 in a research report report published on Thursday,Benzinga reports. They currently have a neutral rating on the industrial products company’s stock.

Several other research firms also recently commented on GPK. Robert W. Baird set a $13.00 price objective on Graphic Packaging in a research note on Wednesday. Zacks Research cut Graphic Packaging from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 14th. Truist Financial reduced their price target on Graphic Packaging from $14.00 to $11.00 and set a “hold” rating on the stock in a research report on Wednesday, April 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a research report on Friday, March 27th. Finally, Royal Bank Of Canada lowered their target price on Graphic Packaging from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Friday, March 20th. Eight research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Graphic Packaging presently has an average rating of “Reduce” and an average target price of $12.33.

Graphic Packaging Price Performance

Shares of GPK stock opened at $11.01 on Thursday. Graphic Packaging has a fifty-two week low of $8.78 and a fifty-two week high of $23.76. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 11.97 and a beta of 0.61. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.52 and a current ratio of 1.41. The stock’s 50-day simple moving average is $10.03 and its 200-day simple moving average is $13.39.

Graphic Packaging (NYSE:GPK) last released its earnings results on Tuesday, May 5th. The industrial products company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. Graphic Packaging had a return on equity of 12.62% and a net margin of 3.17%.The firm had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the previous year, the company posted $0.51 earnings per share. The company’s revenue was up 1.7% compared to the same quarter last year. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. As a group, equities analysts forecast that Graphic Packaging will post 0.84 earnings per share for the current fiscal year.

Graphic Packaging Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Sunday, March 15th were paid a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 4.0%. The ex-dividend date was Friday, March 13th. Graphic Packaging’s dividend payout ratio is presently 47.83%.

Insider Buying and Selling

In other news, CEO Robbert Rietbroek purchased 44,278 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was bought at an average cost of $11.32 per share, for a total transaction of $501,226.96. Following the completion of the purchase, the chief executive officer directly owned 44,278 shares of the company’s stock, valued at $501,226.96. The trade was a ? increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.41% of the company’s stock.

Institutional Investors Weigh In On Graphic Packaging

Several institutional investors and hedge funds have recently modified their holdings of GPK. Eminence Capital LP increased its position in shares of Graphic Packaging by 164.6% during the 3rd quarter. Eminence Capital LP now owns 7,648,135 shares of the industrial products company’s stock valued at $149,674,000 after purchasing an additional 4,758,098 shares during the period. Causeway Capital Management LLC increased its position in shares of Graphic Packaging by 251.3% during the 3rd quarter. Causeway Capital Management LLC now owns 2,601,576 shares of the industrial products company’s stock valued at $50,913,000 after purchasing an additional 1,861,097 shares during the period. Tudor Investment Corp ET AL acquired a new position in shares of Graphic Packaging during the 3rd quarter valued at $2,360,000. Skylands Capital LLC increased its position in shares of Graphic Packaging by 60.3% during the 4th quarter. Skylands Capital LLC now owns 384,900 shares of the industrial products company’s stock valued at $5,797,000 after purchasing an additional 144,850 shares during the period. Finally, SG Americas Securities LLC increased its position in shares of Graphic Packaging by 673.5% during the 4th quarter. SG Americas Securities LLC now owns 165,245 shares of the industrial products company’s stock valued at $2,489,000 after purchasing an additional 143,882 shares during the period. Hedge funds and other institutional investors own 99.67% of the company’s stock.

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.