Summit Global Investments Sells 45,353 Shares of Packaging Corporation of America $PKG

Summit Global Investments decreased its position in Packaging Corporation of America (NYSE:PKG) by 84.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,245 shares of the industrial products company’s stock after selling 45,353 shares during the period. Summit Global Investments’ holdings in Packaging Corporation of America were worth $1,797,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of PKG. Trust Co. of Toledo NA OH bought a new position in shares of Packaging Corporation of America in the second quarter valued at approximately $33,000. Geneos Wealth Management Inc. lifted its holdings in Packaging Corporation of America by 40.4% during the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 57 shares during the period. NBT Bank N A NY purchased a new position in Packaging Corporation of America in the third quarter worth $41,000. Global Wealth Strategies & Associates bought a new position in Packaging Corporation of America in the 3rd quarter valued at $44,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Packaging Corporation of America during the 2nd quarter valued at $44,000. Institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America News Roundup

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: Wells Fargo raised its price target from $233 to $234 and kept an “overweight” rating, signaling continued confidence in PKG’s outlook and providing upside support for the stock. Wells Fargo PT raise
• Positive Sentiment: Truist trimmed its target slightly (from $273 to $270) but maintained a “buy” rating — the high target and buy stance reinforce bullish analyst sentiment despite the small cut. Truist PT update
• Neutral Sentiment: Citigroup nudged its target from $226 to $227 and kept a “neutral” rating, a modest change that is unlikely to materially move the stock by itself but adds to the chorus of analyst attention. Citigroup PT update
• Neutral Sentiment: Investors can review the company’s Q4 2025 earnings call transcript for management commentary on volumes, margins, M&A impacts and guidance — useful for parsing near-term risks and catalysts. Earnings call transcript
• Negative Sentiment: Zacks reports PKG missed Q4 EPS estimates and logged revenue slightly below consensus; higher year-over-year sales were offset by lower volumes, margin pressure and acquisition-related headwinds — these operational issues explain downward pressure on near-term profitability. Earnings miss article

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Truist Financial lowered their target price on Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Thursday. Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. UBS Group lifted their price objective on shares of Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Wells Fargo & Company increased their target price on shares of Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. raised their price target on shares of Packaging Corporation of America from $238.00 to $245.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $236.00.

Packaging Corporation of America Price Performance

PKG opened at $220.45 on Friday. The firm has a 50-day moving average price of $208.84 and a 200-day moving average price of $206.83. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $231.12. The company has a quick ratio of 2.00, a current ratio of 3.16 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $19.84 billion, a price-to-earnings ratio of 25.72, a PEG ratio of 1.63 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 EPS for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). The business had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.18%. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.47 earnings per share. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Equities analysts expect that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 15th were issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, December 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 50.56%.

Packaging Corporation of America Company Profile

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.