Graphic Packaging (NYSE:GPK) Upgraded by JPMorgan Chase & Co. to “Overweight” Rating

Graphic Packaging (NYSE:GPK) was upgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a note issued to investors on Wednesday, Benzinga reports. The firm currently has a $11.50 price objective on the industrial products company’s stock, down from their previous price objective of $12.50. JPMorgan Chase & Co.‘s target price points to a potential upside of 20.41% from the company’s previous close.

Other research analysts have also recently issued reports about the company. UBS Group boosted their target price on Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Royal Bank Of Canada set a $11.50 price objective on Graphic Packaging in a report on Wednesday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Graphic Packaging in a research report on Monday. Wells Fargo & Company increased their target price on Graphic Packaging from $9.00 to $10.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 5th. Finally, Zacks Research upgraded shares of Graphic Packaging from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $11.40.

Graphic Packaging Stock Up 3.3%

Shares of NYSE:GPK opened at $9.55 on Wednesday. The company has a 50 day moving average price of $10.90 and a two-hundred day moving average price of $10.42. 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 company has a market capitalization of $2.83 billion, a PE ratio of 14.47 and a beta of 0.65. Graphic Packaging has a 52 week low of $8.78 and a 52 week high of $19.71.

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

Institutional Investors Weigh In On Graphic Packaging

A number of institutional investors and hedge funds have recently made changes to their positions in GPK. Bell Investment Advisors Inc acquired a new stake in Graphic Packaging in the second quarter valued at about $25,000. Physician Wealth Advisors Inc. boosted its stake 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 purchasing an additional 3,087 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Graphic Packaging by 1,075.7% during the second quarter. Versant Capital Management Inc now owns 3,480 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 3,184 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of Graphic Packaging by 259.4% in the first quarter. Bessemer Group Inc. now owns 4,148 shares of the industrial products company’s stock valued at $41,000 after buying an additional 2,994 shares during the period. Finally, Elevation Wealth Partners LLC increased its stake in shares of Graphic Packaging by 2,165.1% in the second quarter. Elevation Wealth Partners LLC now owns 4,734 shares of the industrial products company’s stock valued at $50,000 after buying an additional 4,525 shares during the period. Institutional investors own 99.67% of the company’s stock.

About Graphic Packaging

Graphic Packaging Holding Company, operating through Graphic Packaging International, develops and manufactures fiber-based packaging solutions for consumer packaged goods companies. Its products are used primarily in the food, beverage and household products industries, where packaging is designed to protect products, support branding and improve convenience.

The company’s offerings include folding cartons, paperboard packaging, coated recycled board, paper cups and other foodservice packaging products.