Manning & Napier Advisors LLC Buys New Holdings in Graphic Packaging Holding Company $GPK

Manning & Napier Advisors LLC purchased a new position in Graphic Packaging Holding Company (NYSE:GPK) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 8,271,754 shares of the industrial products company’s stock, valued at approximately $88,094,000.

Other institutional investors also recently bought and sold shares of the company. Bell Investment Advisors Inc acquired a new stake in Graphic Packaging during the 2nd quarter valued at approximately $25,000. Quarry LP increased its stake in shares of Graphic Packaging by 282.0% in the third quarter. Quarry LP now owns 1,547 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 1,142 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of 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 worth $30,000 after acquiring an additional 1,956 shares during the period. Physician Wealth Advisors Inc. raised 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 worth $32,000 after purchasing an additional 3,087 shares during the last quarter. Finally, Versant Capital Management Inc raised 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. 99.67% of the stock is owned by hedge funds and other institutional investors.

Graphic Packaging Price Performance

Graphic Packaging stock opened at $11.43 on Tuesday. The stock has a market capitalization of $3.38 billion, a P/E ratio of 17.32 and a beta of 0.66. The company’s fifty day moving average price is $11.03 and its 200 day moving average price is $10.75. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.60 and a current ratio of 1.38. Graphic Packaging Holding Company has a 1 year low of $8.78 and a 1 year high of $23.06.

Graphic Packaging (NYSE:GPK) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. Graphic Packaging had a return on equity of 9.95% and a net margin of 2.25%.The firm had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the prior year, the company earned $0.42 EPS. The firm’s 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. As a group, equities research analysts anticipate that Graphic Packaging Holding Company will post 0.71 earnings per share for the current fiscal year.

Graphic Packaging Announces Dividend

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 dividend of $0.11 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a yield of 3.8%. Graphic Packaging’s dividend payout ratio (DPR) is presently 66.67%.

Wall Street Analyst Weigh In

Several research firms have commented on GPK. Wells Fargo & Company upped their price target on shares of Graphic Packaging from $9.00 to $10.00 and gave the company an “underweight” rating in a report on Wednesday, August 5th. UBS Group lifted their price objective on Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Citigroup upped their target price on Graphic Packaging from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. began coverage on Graphic Packaging in a report on Monday, June 29th. They set a “neutral” rating and a $11.70 target price on the stock. Finally, Robert W. Baird set a $13.00 price target on Graphic Packaging in a report on Wednesday, May 6th. 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, the company currently has a consensus rating of “Reduce” and an average target price of $11.14.

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.