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

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 Intel (NASDAQ:INTC) 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 ServiceNow (NYSE:NOW) on 2/3/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) 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 NVIDIA (NASDAQ:NVDA) on 1/29/2025.

Graphic Packaging Trading Up 0.5 %

Shares of Graphic Packaging stock opened at $26.73 on Friday. The firm has a market capitalization of $8.02 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 2.07 and a beta of 0.84. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.46 and a quick ratio of 0.72. The company’s fifty day moving average price is $27.47 and its two-hundred day moving average price is $28.57. Graphic Packaging Holding has a 52-week low of $23.47 and a 52-week high of $30.70.

Graphic Packaging (NYSE:GPK) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same period last year, the firm earned $0.75 EPS. On average, analysts expect that Graphic Packaging Holding will post 2.51 EPS for the current year.

Graphic Packaging Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, April 5th. Investors of record on Saturday, March 15th will be given 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 1.65%. This is a positive change from Graphic Packaging’s previous quarterly dividend of $0.10. Graphic Packaging’s payout ratio is 20.37%.

Institutional Trading of Graphic Packaging

Several institutional investors and hedge funds have recently added to or reduced their stakes in GPK. Alliancebernstein L.P. increased its stake in shares of Graphic Packaging by 920.6% in the 4th quarter. Alliancebernstein L.P. now owns 4,176,187 shares of the industrial products company’s stock valued at $113,425,000 after acquiring an additional 3,767,011 shares during the last quarter. Norges Bank bought a new stake in shares of Graphic Packaging in the 4th quarter valued at about $98,268,000. Allspring Global Investments Holdings LLC increased its stake in shares of Graphic Packaging by 24.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 14,800,425 shares of the industrial products company’s stock valued at $437,945,000 after acquiring an additional 2,927,344 shares during the last quarter. FMR LLC increased its stake in shares of Graphic Packaging by 12.6% in the 3rd quarter. FMR LLC now owns 20,460,161 shares of the industrial products company’s stock valued at $605,416,000 after acquiring an additional 2,294,688 shares during the last quarter. Finally, Marshall Wace LLP increased its stake in shares of Graphic Packaging by 735.3% in the 4th quarter. Marshall Wace LLP now owns 2,446,843 shares of the industrial products company’s stock valued at $66,456,000 after acquiring an additional 2,153,925 shares during the last quarter. 99.67% of the stock is owned by institutional investors.

Insider Activity

In related news, CAO Charles D. Lischer sold 12,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $29.65, for a total transaction of $355,800.00. Following the completion of the sale, the chief accounting officer now directly owns 49,849 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this link. 1.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on GPK shares. Citigroup restated a “neutral” rating and issued a $30.00 target price (down previously from $33.00) on shares of Graphic Packaging in a research note on Monday, January 6th. Truist Financial boosted their target price on shares of 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 reduced their target price on shares of Graphic Packaging from $36.00 to $32.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 5th. Wells Fargo & Company upgraded shares of Graphic Packaging from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $24.00 to $27.00 in a research report on Monday, January 6th. Finally, StockNews.com downgraded shares of Graphic Packaging from a “buy” rating to a “hold” rating in a research 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’s stock. According to data from MarketBeat, the company has an average 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.