Fuller & Thaler Asset Management Inc. Purchases 3,100 Shares of Ranpak Holdings Corp $PACK

Fuller & Thaler Asset Management Inc. raised its position in shares of Ranpak Holdings Corp (NYSE:PACK) by 3.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,845 shares of the company’s stock after purchasing an additional 3,100 shares during the period. Fuller & Thaler Asset Management Inc.’s holdings in Ranpak were worth $503,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. G2 Investment Partners Management LLC lifted its position in shares of Ranpak by 28.7% during the 4th quarter. G2 Investment Partners Management LLC now owns 3,070,511 shares of the company’s stock worth $21,125,000 after buying an additional 683,851 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Ranpak by 8.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,569,282 shares of the company’s stock worth $17,677,000 after acquiring an additional 198,973 shares during the last quarter. Roubaix Capital LLC lifted its holdings in shares of Ranpak by 20.8% in the first quarter. Roubaix Capital LLC now owns 995,098 shares of the company’s stock worth $5,393,000 after acquiring an additional 171,093 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Ranpak in the 1st quarter valued at approximately $836,000. Finally, Deutsche Bank AG grew its holdings in shares of Ranpak by 369.5% during the 1st quarter. Deutsche Bank AG now owns 192,549 shares of the company’s stock valued at $1,044,000 after purchasing an additional 151,534 shares during the last quarter. 85.94% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Robert W. Baird dropped their price objective on shares of Ranpak from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Wednesday, May 7th. Cantor Fitzgerald increased their price target on Ranpak from $6.00 to $6.50 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Finally, Craig Hallum reissued a “buy” rating on shares of Ranpak in a report on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $5.75.

Ranpak Trading Down 0.9%

Shares of NYSE PACK opened at $4.4120 on Thursday. The firm has a 50 day moving average price of $3.79 and a two-hundred day moving average price of $4.58. The stock has a market cap of $372.20 million, a P/E ratio of -10.50 and a beta of 2.70. Ranpak Holdings Corp has a 52-week low of $2.91 and a 52-week high of $8.70. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.30 and a current ratio of 1.74.

Ranpak (NYSE:PACK) last issued its quarterly earnings results on Tuesday, August 5th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.13). Ranpak had a negative return on equity of 6.29% and a negative net margin of 9.06%.The business had revenue of $77.80 million for the quarter, compared to analyst estimates of $94.45 million. Ranpak has set its FY 2025 guidance at EPS. As a group, equities analysts forecast that Ranpak Holdings Corp will post -0.2 EPS for the current year.

Ranpak Profile

Ranpak Holdings Corp., together with its subsidiaries, provides product protection solutions and end-of-line automation solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands, as well as cold chain products, which are used to provide insulation for goods.