Graphic Packaging (NYSE:GPK) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Graphic Packaging Holding NYSE: GPK. In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Graphic Packaging stock on January 13th. The trade occurred in the Representative's "JOINT OWNERSHIP LPL ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 2/7/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Take-Two Interactive Software NASDAQ: TTWO on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 1/29/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Manhattan Associates NASDAQ: MANH on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 1/29/2025.

Graphic Packaging Stock Performance

Graphic Packaging stock traded down $0.01 on Wednesday, hitting $27.04. The company's stock had a trading volume of 1,247,459 shares, compared to its average volume of 2,379,336. The company has a fifty day moving average price of $27.32 and a 200-day moving average price of $28.51. The firm has a market cap of $8.12 billion, a P/E ratio of 12.52, a price-to-earnings-growth ratio of 2.07 and a beta of 0.84. Graphic Packaging Holding has a one year low of $23.47 and a one year high of $30.70. The company has a quick ratio of 0.54, a current ratio of 1.46 and a debt-to-equity ratio of 1.71.

Graphic Packaging (NYSE:GPK - Get Free Report) last posted its earnings results on Tuesday, February 4th. The industrial products company reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.63 by ($0.04). The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.15 billion. Graphic Packaging had a net margin of 7.47% and a return on equity of 25.96%. The business's revenue was down 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.75 EPS. On average, equities analysts anticipate that Graphic Packaging Holding will post 2.47 earnings per share for the current year.

Graphic Packaging Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, April 5th. Shareholders of record on Saturday, March 15th will be paid a dividend of $0.11 per share. The ex-dividend date is Friday, March 14th. This represents a $0.44 dividend on an annualized basis and a yield of 1.63%. This is an increase from Graphic Packaging's previous quarterly dividend of $0.10. Graphic Packaging's payout ratio is currently 20.37%.

Institutional Investors Weigh In On Graphic Packaging

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GPK. Picton Mahoney Asset Management grew its stake in shares of Graphic Packaging by 55.4% during the fourth quarter. Picton Mahoney Asset Management now owns 1,105 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 394 shares during the last quarter. Worldquant Millennium Advisors LLC boosted its position in Graphic Packaging by 1.1% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 38,064 shares of the industrial products company's stock valued at $1,126,000 after buying an additional 401 shares during the last quarter. 1620 Investment Advisors Inc. increased its stake in shares of Graphic Packaging by 3.8% in the 4th quarter. 1620 Investment Advisors Inc. now owns 11,163 shares of the industrial products company's stock valued at $303,000 after buying an additional 413 shares during the period. KBC Group NV raised its position in shares of Graphic Packaging by 1.8% during the third quarter. KBC Group NV now owns 26,805 shares of the industrial products company's stock worth $793,000 after acquiring an additional 465 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its stake in shares of Graphic Packaging by 5.4% during the fourth quarter. CIBC Asset Management Inc now owns 9,231 shares of the industrial products company's stock valued at $251,000 after acquiring an additional 477 shares during the period. Institutional investors and hedge funds own 99.67% of the company's stock.

Insider Activity at Graphic Packaging

In other Graphic Packaging news, CAO Charles D. Lischer sold 12,000 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $29.65, for a total transaction of $355,800.00. Following the transaction, the chief accounting officer now directly owns 49,849 shares in the company, valued at approximately $1,478,022.85. This represents a 19.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

GPK has been the topic of several recent analyst reports. Truist Financial boosted their price target on Graphic Packaging from $30.00 to $32.00 and gave the company a "hold" rating in a research note on Monday, January 6th. Robert W. Baird lowered their target price on shares of Graphic Packaging from $36.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday, February 5th. Wells Fargo & Company upgraded shares of Graphic Packaging from an "underweight" rating to an "equal weight" rating and increased their target price for the stock from $24.00 to $27.00 in a research report on Monday, January 6th. Citigroup restated a "neutral" rating and issued a $30.00 price target (down from $33.00) on shares of Graphic Packaging in a research report on Monday, January 6th. Finally, StockNews.com lowered shares of Graphic Packaging from a "buy" rating to a "hold" rating in a report on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Graphic Packaging currently has a consensus rating of "Hold" and a consensus target price of $31.70.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Graphic Packaging Company Profile

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.