19 hours Ago By Defense World Staff
Charles Schwab Investment Management Inc. lifted its stake in shares of Graphic Packaging Holding ( NYSE:GPK – Free Report ) by 0.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The firm owned 3,038,232 shares of the industrial products company’s stock after purchasing an additional 4,090 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.
01% of Graphic Packaging worth $82,518,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also made changes to their positions in GPK. Howard Capital Management Group LLC grew its stake in shares of Graphic Packaging by 0.
3% during the 3rd quarter. Howard Capital Management Group LLC now owns 1,007,968 shares of the industrial products company’s stock worth $29,826,000 after purchasing an additional 2,969 shares during the period. Concurrent Investment Advisors LLC acquired a new position in shares of Graphic Packaging during the 3rd quarter worth $289,000.
Assetmark Inc. grew its stake in shares of Graphic Packaging by 846.4% during the 3rd quarter.
Assetmark Inc. now owns 84,383 shares of the industrial products company’s stock worth $2,497,000 after purchasing an additional 75,467 shares during the period. XML Financial LLC boosted its position in shares of Graphic Packaging by 23.
3% in the 3rd quarter. XML Financial LLC now owns 20,410 shares of the industrial products company’s stock worth $604,000 after buying an additional 3,860 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of Graphic Packaging in the 3rd quarter worth about $271,000.
99.67% of the stock is owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several equities research analysts recently commented on the stock.
Truist Financial boosted their price objective on shares of Graphic Packaging from $30.00 to $32.00 and gave the stock a “hold” rating in a research report on Monday, January 6th.
Wells Fargo & Company upgraded shares of Graphic Packaging from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $24.00 to $27.00 in a research report on Monday, January 6th.
Robert W. Baird decreased their price objective on shares of Graphic Packaging from $36.00 to $32.
00 and set an “outperform” rating on the stock in a research report on Wednesday, February 5th. Finally, Citigroup reiterated a “neutral” rating and issued a $30.00 price objective (down from $33.
00) on shares of Graphic Packaging in a research report on Monday, January 6th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.
com, the company currently has a consensus rating of “Hold” and a consensus price target of $31.70. Graphic Packaging Price Performance NYSE:GPK opened at $27.
55 on Tuesday. The firm has a market cap of $8.27 billion, a price-to-earnings ratio of 12.
75, a price-to-earnings-growth ratio of 2.10 and a beta of 0.81.
The company has a current ratio of 1.46, a quick ratio of 0.54 and a debt-to-equity ratio of 1.
71. The company’s 50-day moving average is $27.01 and its two-hundred day moving average is $28.
39. Graphic Packaging Holding has a 12-month low of $25.13 and a 12-month high of $30.
70. Graphic Packaging ( NYSE:GPK – Get Free Report ) last released its earnings results on Tuesday, February 4th. The industrial products company reported $0.
59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.04).
The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.15 billion.
Graphic Packaging had a net margin of 7.47% and a return on equity of 25.96%.
Graphic Packaging’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter last year, the company posted $0.
75 earnings per share. Research analysts expect that Graphic Packaging Holding will post 2.47 EPS for the current year.
Graphic Packaging Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Saturday, April 5th. Stockholders of record on Saturday, March 15th will be issued a dividend of $0.11 per share.
This is a positive change from Graphic Packaging’s previous quarterly dividend of $0.10. This represents a $0.
44 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, March 14th.
Graphic Packaging’s dividend payout ratio is presently 20.37%. About Graphic Packaging ( Free Report ) 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. Read More Five stocks we like better than Graphic Packaging 10 Best Airline Stocks to Buy How to Protect Your Portfolio When Inflation Is Rising 2 Rising CRM Platform Stocks That Can Surge Higher in 2025 3 Tech Stocks Defying Sector Weakness and Thriving in 2025 Are Penny Stocks a Good Fit for Your Portfolio? Despite Challenges Novo Nordisk Plans to Crush GLP-1 Competitors Want to see what other hedge funds are holding GPK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Graphic Packaging Holding ( NYSE:GPK – Free Report ).
Receive News & Ratings for Graphic Packaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphic Packaging and related companies with MarketBeat.com's FREE daily email newsletter ..
