450,000 Shares in Ranpak Holdings Corp $PACK Bought by Royce & Associates LP

Royce & Associates LP purchased a new position in shares of Ranpak Holdings Corp (NYSE:PACK) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 450,000 shares of the company’s stock, valued at approximately $2,529,000.

A number of other hedge funds also recently made changes to their positions in PACK. G2 Investment Partners Management LLC lifted its holdings in shares of Ranpak by 21.5% during the 2nd quarter. G2 Investment Partners Management LLC now owns 4,660,451 shares of the company’s stock worth $16,638,000 after acquiring an additional 823,745 shares during the period. Bastion Asset Management Inc. acquired a new position in Ranpak in the third quarter worth about $3,201,000. Boothbay Fund Management LLC lifted its stake in Ranpak by 21.1% during the second quarter. Boothbay Fund Management LLC now owns 909,251 shares of the company’s stock worth $3,246,000 after purchasing an additional 158,496 shares during the period. Jane Street Group LLC boosted its holdings in Ranpak by 543.7% during the second quarter. Jane Street Group LLC now owns 111,366 shares of the company’s stock valued at $398,000 after purchasing an additional 94,066 shares in the last quarter. Finally, Formula Growth Ltd. boosted its holdings in Ranpak by 36.8% during the second quarter. Formula Growth Ltd. now owns 320,933 shares of the company’s stock valued at $1,146,000 after purchasing an additional 86,307 shares in the last quarter. Institutional investors and hedge funds own 85.94% of the company’s stock.

Ranpak Trading Down 20.0%

Shares of PACK stock opened at $4.23 on Friday. The company has a market capitalization of $356.93 million, a P/E ratio of -9.61 and a beta of 2.82. Ranpak Holdings Corp has a 12-month low of $2.91 and a 12-month high of $7.07. The company has a quick ratio of 1.42, a current ratio of 1.88 and a debt-to-equity ratio of 0.74. The firm has a 50-day moving average price of $5.52 and a 200 day moving average price of $5.28.

Ranpak (NYSE:PACK) last posted its quarterly earnings data on Thursday, March 5th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.09). Ranpak had a negative return on equity of 6.79% and a negative net margin of 9.48%.The firm had revenue of $111.90 million for the quarter, compared to analyst estimates of $112.82 million. Research analysts forecast that Ranpak Holdings Corp will post -0.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Ranpak in a report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Ranpak presently has a consensus rating of “Hold” and a consensus price target of $7.50.

Key Stories Impacting Ranpak

Here are the key news stories impacting Ranpak this week:

• Positive Sentiment: Company issued FY‑2026 revenue guidance of $415.0M–$445.0M and outlined a 2026 revenue-growth target of up to ~12.7%, and highlighted automation and expanded partnerships as growth levers — this provides a clear growth plan to justify recovery if execution follows. Article Title
• Neutral Sentiment: Ranpak published its formal earnings press release, slide deck and conference-call transcript — useful for investors wanting line-item detail on margins, segment trends, and the company’s execution plan. Article Title
• Neutral Sentiment: Full earnings-call transcripts are available for investors who want management’s commentary on margins, supply-chain dynamics, and timing for automation benefits. Article Title Earnings Transcript
• Negative Sentiment: Q4 results missed expectations: EPS of ($0.11) vs. consensus ($0.02) and revenue $111.9M vs. $112.8M expected; the company reported negative net margin and return on equity—these misses triggered selling pressure. Article Title
• Negative Sentiment: Trading in PACK experienced a LULD pause (intraday trading halt), reflecting acute volatility around the release and likely contributing to heavier-than-normal volume and rapid price movement. Trading Halt Note
• Negative Sentiment: Market reaction was pronounced: volume spiked and the stock fell sharply on the combination of the miss and uncertainty over how quickly cost actions and automation investments will restore margins. Market Summary

Ranpak Profile

Ranpak Holdings Corp. (NYSE: PACK) is a leading provider of sustainable, paper-based packaging solutions designed to protect products during transit. The company’s core business centers on the design, manufacture and distribution of automated systems and consumable paper packaging materials that offer an eco-friendly alternative to plastic-based void-fill and protective packaging. Ranpak’s solutions include crumpled paper fillers, paper wrap systems and tailored automation equipment that serve diverse end markets such as e-commerce, industrial parts, electronics and retail.

Founded in 1972 and headquartered in Concord Township, Ohio, Ranpak has built a global presence by combining innovation in paper converting technology with a commitment to sustainability.