Graphic Packaging Holding Company $GPK Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its stake in Graphic Packaging Holding Company (NYSE:GPK) by 69.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 728,272 shares of the industrial products company’s stock after selling 1,669,169 shares during the period. Principal Financial Group Inc.’s holdings in Graphic Packaging were worth $7,239,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GPK. Quarry LP grew its stake in Graphic Packaging by 282.0% during the 3rd quarter. Quarry LP now owns 1,547 shares of the industrial products company’s stock worth $30,000 after buying an additional 1,142 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in Graphic Packaging by 13,971.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,970 shares of the industrial products company’s stock valued at $30,000 after buying an additional 1,956 shares during the last quarter. Danske Bank A S acquired a new position in shares of Graphic Packaging during the third quarter valued at $45,000. Physician Wealth Advisors Inc. boosted its holdings in shares of Graphic Packaging by 2,321.1% during the first quarter. Physician Wealth Advisors Inc. now owns 3,220 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 3,087 shares during the period. Finally, State of Wyoming grew its position in shares of Graphic Packaging by 96.1% during the second quarter. State of Wyoming now owns 3,527 shares of the industrial products company’s stock worth $74,000 after acquiring an additional 1,728 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Graphic Packaging Trading Up 1.4%

Shares of NYSE:GPK opened at $11.18 on Tuesday. The company has a 50 day moving average of $10.64 and a 200-day moving average of $11.25. The company has a current ratio of 1.41, a quick ratio of 0.59 and a debt-to-equity ratio of 1.60. The firm has a market cap of $3.31 billion, a P/E ratio of 12.15 and a beta of 0.66. Graphic Packaging Holding Company has a twelve month low of $8.78 and a twelve month high of $23.76.

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 net margin of 3.17% and a return on equity of 12.62%. The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same quarter last year, the business earned $0.51 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. As a group, analysts anticipate that Graphic Packaging Holding Company will post 0.75 earnings per share for the current fiscal year.

Graphic Packaging Dividend Announcement

The company 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 was Monday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 3.9%. Graphic Packaging’s dividend payout ratio (DPR) is 47.83%.

Insider Activity

In other news, Director Jeffrey Stafeil acquired 17,878 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were bought at an average price of $11.19 per share, with a total value of $200,054.82. Following the purchase, the director owned 17,878 shares of the company’s stock, valued at approximately $200,054.82. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on GPK shares. Wells Fargo & Company boosted their target price on shares of Graphic Packaging from $8.00 to $9.00 and gave the company an “underweight” rating in a research note on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft started coverage on Graphic Packaging in a report on Wednesday, April 1st. They set a “hold” rating and a $9.60 price target on the stock. Robert W. Baird set a $13.00 price objective on Graphic Packaging in a report on Wednesday, May 6th. Weiss Ratings restated a “sell (d+)” rating on shares of Graphic Packaging in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. initiated coverage on Graphic Packaging in a research note on Monday, June 29th. They set a “neutral” rating and a $11.70 target price on the stock. Nine analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Graphic Packaging has a consensus rating of “Reduce” and a consensus price target of $11.03.

Graphic Packaging Company 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.