11,882 Shares in Graphic Packaging Holding Company $GPK Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. acquired a new stake in shares of Graphic Packaging Holding Company (NYSE:GPK) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 11,882 shares of the industrial products company’s stock, valued at approximately $250,000.

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

Analyst Ratings Changes

GPK has been the subject of several analyst reports. Zacks Research cut Graphic Packaging from a “hold” rating to a “strong sell” rating in a report on Monday, November 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of Graphic Packaging in a research note on Wednesday, October 8th. Truist Financial cut their price objective on Graphic Packaging from $23.00 to $20.00 and set a “hold” rating for the company in a report on Monday, October 13th. Raymond James Financial lowered shares of Graphic Packaging from an “outperform” rating to a “market perform” rating in a research report on Friday, October 17th. Finally, Wells Fargo & Company decreased their price objective on shares of Graphic Packaging from $20.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Graphic Packaging currently has a consensus rating of “Hold” and an average target price of $22.63.

Insider Activity

In other news, EVP Joseph P. Yost sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $22.72, for a total value of $681,600.00. Following the transaction, the executive vice president owned 255,203 shares of the company’s stock, valued at approximately $5,798,212.16. This represents a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.41% of the stock is currently owned by corporate insiders.

Graphic Packaging Trading Up 2.7%

GPK stock opened at $16.12 on Friday. Graphic Packaging Holding Company has a one year low of $14.90 and a one year high of $30.49. The stock has a market cap of $4.76 billion, a price-to-earnings ratio of 9.11 and a beta of 0.72. The company has a fifty day moving average price of $18.31 and a two-hundred day moving average price of $20.96. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.43 and a quick ratio of 0.56.

Graphic Packaging (NYSE:GPK) last posted its 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. Graphic Packaging had a net margin of 6.18% and a return on equity of 21.13%. The company had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Graphic Packaging has set its FY 2025 guidance at 1.800-2.000 EPS. Equities analysts anticipate that Graphic Packaging Holding Company will post 2.47 EPS for the current year.

About Graphic Packaging

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.