Hsbc Holdings PLC Grows Stake in Graphic Packaging Holding Company $GPK

Hsbc Holdings PLC boosted its position in Graphic Packaging Holding Company (NYSE:GPK) by 1,267.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 225,454 shares of the industrial products company’s stock after buying an additional 208,962 shares during the period. Hsbc Holdings PLC’s holdings in Graphic Packaging were worth $3,418,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of GPK. AQR Capital Management LLC raised its stake in shares of Graphic Packaging by 36.6% during the 1st quarter. AQR Capital Management LLC now owns 171,608 shares of the industrial products company’s stock worth $4,453,000 after buying an additional 45,944 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in 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 acquiring an additional 132,692 shares in the last quarter. Invesco Ltd. raised its position in Graphic Packaging by 28.8% during the second quarter. Invesco Ltd. now owns 2,130,941 shares of the industrial products company’s stock worth $44,899,000 after acquiring an additional 477,085 shares during the last quarter. First Trust Advisors LP raised its position in Graphic Packaging by 3.6% during the second quarter. First Trust Advisors LP now owns 1,002,964 shares of the industrial products company’s stock worth $21,133,000 after acquiring an additional 34,790 shares during the last quarter. Finally, Bank of Nova Scotia purchased a new stake in shares of Graphic Packaging in the second quarter valued at about $357,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Graphic Packaging news, Director Jeffrey Stafeil acquired 17,878 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were acquired at an average price of $11.19 per share, for a total transaction of $200,054.82. Following the completion of the acquisition, the director directly owned 17,878 shares of the company’s stock, valued at $200,054.82. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on GPK. Truist Financial lowered their price target on shares of Graphic Packaging from $14.00 to $11.00 and set a “hold” rating on the stock in a research report on Wednesday, April 15th. Robert W. Baird set a $13.00 target price on Graphic Packaging in a research note on Wednesday, May 6th. Wells Fargo & Company lowered their target price on Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Tuesday, April 14th. Raymond James Financial downgraded Graphic Packaging from a “market perform” rating to an “underperform” rating in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada reduced their price objective on Graphic Packaging from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Friday, March 20th. Eight 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.com, the stock currently has an average rating of “Reduce” and an average price target of $12.32.

Graphic Packaging Stock Performance

NYSE:GPK opened at $11.00 on Monday. The firm has a 50 day simple moving average of $10.33 and a 200-day simple moving average of $11.92. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.41 and a quick ratio of 0.59. The firm has a market cap of $3.25 billion, a PE ratio of 11.95 and a beta of 0.66. Graphic Packaging Holding Company has a 1-year low of $8.78 and a 1-year high of $23.76.

Graphic Packaging (NYSE:GPK) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. The firm had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same quarter last year, the business earned $0.51 earnings per share. Graphic Packaging’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. On average, equities analysts expect that Graphic Packaging Holding Company will post 0.85 EPS for the current year.

Graphic Packaging Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, June 15th. Graphic Packaging’s dividend payout ratio is currently 47.83%.

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.