Guyasuta Investment Advisors Inc. Purchases Shares of 57,775 Graphic Packaging Holding Company $GPK

Guyasuta Investment Advisors Inc. acquired a new position in Graphic Packaging Holding Company (NYSE:GPK) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 57,775 shares of the industrial products company’s stock, valued at approximately $1,131,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vident Advisory LLC grew its position in Graphic Packaging by 19.6% during the 1st quarter. Vident Advisory LLC now owns 11,921 shares of the industrial products company’s stock worth $309,000 after acquiring an additional 1,956 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in shares of Graphic Packaging by 15.7% during the first quarter. Federation des caisses Desjardins du Quebec now owns 73,130 shares of the industrial products company’s stock valued at $1,898,000 after purchasing an additional 9,940 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of Graphic Packaging by 7.2% in the first quarter. Advisors Asset Management Inc. now owns 18,595 shares of the industrial products company’s stock worth $483,000 after purchasing an additional 1,250 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Graphic Packaging by 36.6% in the first 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 period. Finally, Alliancebernstein L.P. increased its stake in shares of Graphic Packaging by 9.6% in the first quarter. Alliancebernstein L.P. now owns 4,578,418 shares of the industrial products company’s stock worth $118,856,000 after buying an additional 402,231 shares during the period. Institutional investors own 99.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Citigroup dropped their price target on shares of Graphic Packaging from $23.00 to $21.00 and set a “neutral” rating for the company in a research report on Monday, October 6th. Raymond James Financial downgraded shares of Graphic Packaging from an “outperform” rating to a “market perform” rating in a research note on Friday, October 17th. UBS Group cut their target price on Graphic Packaging from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Wells Fargo & Company reduced their price target on Graphic Packaging from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Thursday, November 6th. Finally, Robert W. Baird lowered their price target on Graphic Packaging from $24.00 to $18.00 and set an “outperform” rating for the company in a research report on Tuesday, December 9th. One analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $20.13.

Graphic Packaging Trading Down 0.5%

Shares of GPK opened at $15.07 on Friday. Graphic Packaging Holding Company has a 1-year low of $13.93 and a 1-year high of $28.62. The company has a current ratio of 1.54, a quick ratio of 0.63 and a debt-to-equity ratio of 1.67. The firm’s 50-day moving average price is $15.80 and its 200-day moving average price is $19.22. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of 8.86 and a beta of 0.65.

Graphic Packaging (NYSE:GPK) last released its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, topping 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 net margin of 5.94% and a return on equity of 19.98%. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. Sell-side analysts anticipate that Graphic Packaging Holding Company will post 2.47 EPS for the current year.

Graphic Packaging Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Monday, December 15th will be paid a $0.11 dividend. The ex-dividend date is Monday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.9%. Graphic Packaging’s dividend payout ratio is presently 25.88%.

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.