Whittier Trust Co. of Nevada Inc. Lowers Holdings in Graphic Packaging Holding Company $GPK

Whittier Trust Co. of Nevada Inc. trimmed its stake in Graphic Packaging Holding Company (NYSE:GPK) by 98.9% during the 1st quarter, HoldingsChannel reports. The fund owned 3,001 shares of the industrial products company’s stock after selling 270,951 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Graphic Packaging were worth $29,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in shares of Graphic Packaging by 503.6% during the fourth quarter. AQR Capital Management LLC now owns 8,693,765 shares of the industrial products company’s stock valued at $130,928,000 after acquiring an additional 7,253,473 shares in the last quarter. Eminence Capital LP raised its holdings in Graphic Packaging by 67.5% in the fourth quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company’s stock worth $192,948,000 after buying an additional 5,163,806 shares during the last quarter. UBS Group AG lifted its stake in shares of Graphic Packaging by 123.8% in the fourth quarter. UBS Group AG now owns 9,026,134 shares of the industrial products company’s stock worth $135,934,000 after buying an additional 4,992,179 shares in the last quarter. Norges Bank bought a new position in shares of Graphic Packaging in the fourth quarter worth approximately $54,031,000. Finally, Milford Funds Ltd. purchased a new stake in shares of Graphic Packaging during the fourth quarter valued at approximately $43,374,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Graphic Packaging Price Performance

NYSE GPK opened at $10.15 on Friday. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 11.04 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. 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 business’s fifty day moving average price is $10.50 and its 200-day moving average price is $11.62.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.09 EPS for the quarter, beating 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 company had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the prior year, the business earned $0.51 earnings per share. Graphic Packaging’s revenue for the quarter 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 predict that Graphic Packaging Holding Company will post 0.78 earnings per share for the current year.

Graphic Packaging Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 15th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 4.3%. Graphic Packaging’s dividend payout ratio is presently 47.83%.

Insider Buying and Selling at Graphic Packaging

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

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GPK. Raymond James Financial lowered shares of Graphic Packaging from a “market perform” rating to an “underperform” rating in a report on Tuesday, April 21st. Truist Financial cut their target price on Graphic Packaging from $14.00 to $11.00 and set a “hold” rating on the stock in a research note on Wednesday, April 15th. Royal Bank Of Canada reduced their target price on Graphic Packaging from $13.00 to $10.00 and set a “sector perform” rating for the company in a report on Friday, March 20th. Wells Fargo & Company lowered their price target on Graphic Packaging from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Tuesday, April 14th. Finally, UBS Group increased their price objective on Graphic Packaging from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Nine analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $12.26.

Graphic Packaging 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.