Hsbc Holdings PLC Acquires 270,382 Shares of Graphic Packaging Holding Company $GPK

Hsbc Holdings PLC increased its stake in Graphic Packaging Holding Company (NYSE:GPK) by 83.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 592,968 shares of the industrial products company’s stock after buying an additional 270,382 shares during the quarter. Hsbc Holdings PLC owned 0.20% of Graphic Packaging worth $6,279,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Graphic Packaging in the second quarter valued at about $440,345,000. Manning & Napier Advisors LLC raised its holdings in shares of Graphic Packaging by 6,288.6% in the 1st quarter. Manning & Napier Advisors LLC now owns 8,481,670 shares of the industrial products company’s stock worth $84,308,000 after purchasing an additional 8,348,907 shares during the period. AQR Capital Management LLC lifted its stake in Graphic Packaging by 503.6% in the fourth quarter. AQR Capital Management LLC now owns 8,693,765 shares of the industrial products company’s stock valued at $130,928,000 after purchasing an additional 7,253,473 shares during the last quarter. Eminence Capital LP grew its holdings in Graphic Packaging by 67.5% during the fourth quarter. Eminence Capital LP now owns 12,811,941 shares of the industrial products company’s stock valued at $192,948,000 after purchasing an additional 5,163,806 shares during the period. Finally, Bank of America Corp DE bought a new position in Graphic Packaging during the second quarter valued at $45,266,000. Institutional investors own 99.67% of the company’s stock.

Wall Street Analysts Forecast Growth

GPK has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Graphic Packaging in a report on Wednesday, June 24th. JPMorgan Chase & Co. began coverage on shares of Graphic Packaging in a report on Monday, June 29th. They set a “neutral” rating and a $11.70 price objective on the stock. UBS Group increased their target price on shares of Graphic Packaging from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Zacks Research upgraded shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Finally, Bank of America started coverage on shares of Graphic Packaging in a research report on Tuesday, July 14th. They issued a “neutral” rating and a $12.00 price target on the stock. Nine analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $11.14.

Graphic Packaging Price Performance

NYSE:GPK opened at $9.51 on Thursday. Graphic Packaging Holding Company has a 52-week low of $8.78 and a 52-week high of $21.24. The stock has a fifty day moving average of $11.07 and a 200 day moving average of $10.57. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.60 and a current ratio of 1.38. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 14.40 and a beta of 0.65.

Graphic Packaging (NYSE:GPK) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The business had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the company earned $0.42 EPS. The company’s quarterly revenue was down .7% compared to the same quarter last year. Graphic Packaging has set its FY 2026 guidance at 0.650-0.900 EPS. On average, research analysts expect that Graphic Packaging Holding Company will post 0.72 EPS for the current fiscal year.

Graphic Packaging Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be given a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Tuesday, September 15th. Graphic Packaging’s dividend payout ratio is 66.67%.

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.