Wellington Management Group LLP Sells 3,193,218 Shares of Graphic Packaging Holding Company $GPK

Wellington Management Group LLP decreased its position in shares of Graphic Packaging Holding Company (NYSE:GPK) by 70.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,337,136 shares of the industrial products company’s stock after selling 3,193,218 shares during the period. Wellington Management Group LLP’s holdings in Graphic Packaging were worth $14,134,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of GPK. AQR Capital Management LLC grew its position in Graphic Packaging by 36.6% during the 1st quarter. AQR Capital Management LLC now owns 171,608 shares of the industrial products company’s stock worth $4,453,000 after acquiring an additional 45,944 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Graphic Packaging by 9.9% in the first quarter. Goldman Sachs Group Inc. now owns 1,471,519 shares of the industrial products company’s stock worth $38,201,000 after purchasing an additional 132,692 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of Graphic Packaging by 5.4% during the second quarter. Hsbc Holdings PLC now owns 15,485 shares of the industrial products company’s stock worth $326,000 after purchasing an additional 791 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Graphic Packaging by 28.8% during the second quarter. Invesco Ltd. now owns 2,130,941 shares of the industrial products company’s stock worth $44,899,000 after purchasing an additional 477,085 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Graphic Packaging by 3.6% in the second quarter. First Trust Advisors LP now owns 1,002,964 shares of the industrial products company’s stock valued at $21,133,000 after buying an additional 34,790 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GPK has been the subject of several research reports. UBS Group raised their price objective on shares of Graphic Packaging from $11.00 to $12.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Wells Fargo & Company increased their price target on shares of Graphic Packaging from $9.00 to $10.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. assumed coverage on shares of Graphic Packaging in a report on Monday, June 29th. They issued a “neutral” rating and a $11.70 price target for the company. Zacks Research upgraded Graphic Packaging from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Finally, Bank of America assumed coverage on Graphic Packaging in a research note on Tuesday, July 14th. They issued a “neutral” rating and a $12.00 target price for the company. Nine investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Graphic Packaging currently has a consensus rating of “Reduce” and a consensus target price of $11.14.

Graphic Packaging Stock Performance

Shares of NYSE:GPK opened at $10.46 on Tuesday. The firm’s 50 day simple moving average is $11.11 and its 200 day simple moving average is $10.62. Graphic Packaging Holding Company has a fifty-two week low of $8.78 and a fifty-two week high of $21.71. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 15.85 and a beta of 0.65. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.38 and a quick ratio of 0.60.

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

Graphic Packaging Dividend Announcement

The company 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. The ex-dividend date is Tuesday, September 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.2%. Graphic Packaging’s dividend payout ratio is currently 66.67%.

Graphic Packaging Profile

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.