Metis Global Partners LLC Has $543,000 Holdings in Graphic Packaging Holding Company $GPK

Metis Global Partners LLC lifted its holdings in shares of Graphic Packaging Holding Company (NYSE:GPK) by 29.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,766 shares of the industrial products company’s stock after purchasing an additional 5,843 shares during the quarter. Metis Global Partners LLC’s holdings in Graphic Packaging were worth $543,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in Graphic Packaging by 21.7% in the first quarter. Envestnet Asset Management Inc. now owns 790,496 shares of the industrial products company’s stock valued at $20,521,000 after purchasing an additional 140,890 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Graphic Packaging by 7.2% in the first quarter. Nisa Investment Advisors LLC now owns 10,777 shares of the industrial products company’s stock valued at $281,000 after acquiring an additional 722 shares during the last quarter. Xponance Inc. boosted its stake in shares of Graphic Packaging by 1.8% in the 1st quarter. Xponance Inc. now owns 36,320 shares of the industrial products company’s stock valued at $943,000 after purchasing an additional 630 shares during the last quarter. Stephens Inc. AR grew its holdings in Graphic Packaging by 10.6% during the 1st quarter. Stephens Inc. AR now owns 19,644 shares of the industrial products company’s stock worth $510,000 after acquiring an additional 1,881 shares during the period. Finally, Signaturefd LLC grew its stake in Graphic Packaging by 554.5% during the first quarter. Signaturefd LLC now owns 3,639 shares of the industrial products company’s stock worth $94,000 after purchasing an additional 3,083 shares during the period. 99.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GPK has been the subject of a number of research reports. Zacks Research cut shares of Graphic Packaging from a “hold” rating to a “strong sell” rating in a report on Monday, November 3rd. Citigroup dropped their price target on shares of Graphic Packaging from $23.00 to $21.00 and set a “neutral” rating on the stock in a research report on Monday, October 6th. UBS Group dropped their price target on Graphic Packaging from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Truist Financial cut their price target on Graphic Packaging from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Monday, October 13th. Finally, Royal Bank Of Canada downgraded Graphic Packaging from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from $25.00 to $21.00 in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Graphic Packaging has an average rating of “Hold” and an average target price of $22.63.

Graphic Packaging Stock Down 3.0%

GPK opened at $15.65 on Thursday. The company has a market cap of $4.62 billion, a P/E ratio of 8.84 and a beta of 0.72. Graphic Packaging Holding Company has a 12 month low of $14.90 and a 12 month high of $30.49. The business’s 50-day moving average price is $18.41 and its 200-day moving average price is $20.99. The company has a current ratio of 1.43, a quick ratio of 0.56 and a debt-to-equity ratio of 1.68.

Graphic Packaging (NYSE:GPK) last announced its earnings results on Tuesday, November 4th. The industrial products company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. The company had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.17 billion. Graphic Packaging had a return on equity of 21.13% and a net margin of 6.18%. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. On average, equities analysts expect that Graphic Packaging Holding Company will post 2.47 EPS for the current year.

Insider Activity

In related news, EVP Joseph P. Yost sold 30,000 shares of Graphic Packaging stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $22.72, for a total transaction of $681,600.00. Following the completion of the transaction, the executive vice president directly owned 255,203 shares of the company’s stock, valued at $5,798,212.16. This trade represents a 10.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.41% of the stock is currently owned by insiders.

Graphic Packaging Company Profile

Graphic Packaging Holding Company, together with its subsidiaries, designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products. It operates through three segments: Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging.