328,786 Shares in Graphic Packaging Holding Company $GPK Purchased by Cloverfields Capital Group LP

Cloverfields Capital Group LP purchased a new position in Graphic Packaging Holding Company (NYSE:GPK) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 328,786 shares of the industrial products company’s stock, valued at approximately $3,268,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of Nova Scotia grew its stake in shares of Graphic Packaging by 34.4% in the 1st quarter. Bank of Nova Scotia now owns 32,295 shares of the industrial products company’s stock worth $321,000 after purchasing an additional 8,272 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Graphic Packaging by 4.1% in the 1st quarter. Sei Investments Co. now owns 1,562,605 shares of the industrial products company’s stock worth $15,534,000 after purchasing an additional 61,559 shares in the last quarter. Keynote Financial Services LLC acquired a new stake in Graphic Packaging during the first quarter valued at approximately $114,000. State of Wyoming boosted its holdings in Graphic Packaging by 44.4% during the first quarter. State of Wyoming now owns 17,266 shares of the industrial products company’s stock worth $172,000 after buying an additional 5,309 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Graphic Packaging by 207.5% during the first quarter. Cetera Investment Advisers now owns 143,952 shares of the industrial products company’s stock worth $1,431,000 after buying an additional 97,134 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on GPK shares. Wells Fargo & Company upped their price target on Graphic Packaging from $8.00 to $9.00 and gave the company an “underweight” rating in a report on Wednesday, July 15th. Citigroup raised their price objective on Graphic Packaging from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft assumed coverage on Graphic Packaging in a report on Wednesday, April 1st. They issued a “hold” rating and a $9.60 target price on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Graphic Packaging in a report on Wednesday, June 24th. Finally, Robert W. Baird set a $13.00 price target on Graphic Packaging in a research report on Wednesday, May 6th. Nine analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Graphic Packaging has a consensus rating of “Reduce” and a consensus target price of $11.03.

Insiders Place Their Bets

In other Graphic Packaging news, Director Jeffrey Stafeil acquired 17,878 shares of Graphic Packaging stock in a transaction that occurred on Thursday, May 7th. The stock was purchased at an average cost of $11.19 per share, with a total value of $200,054.82. Following the purchase, the director owned 17,878 shares in the company, valued at approximately $200,054.82. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.50% of the company’s stock.

Graphic Packaging Trading Down 0.9%

Graphic Packaging stock opened at $11.02 on Friday. Graphic Packaging Holding Company has a 52 week low of $8.78 and a 52 week high of $23.76. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.59 and a current ratio of 1.41. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 11.97 and a beta of 0.66. The company has a 50 day moving average price of $10.59 and a 200 day moving average price of $11.31.

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, beating the consensus estimate of $0.06 by $0.03. The company had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.05 billion. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. The company’s revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 EPS. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. Research analysts forecast that Graphic Packaging Holding Company will post 0.75 EPS for the current year.

Graphic Packaging Dividend Announcement

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

About Graphic Packaging

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.