Natixis Advisors LLC Buys 24,945 Shares of Packaging Corporation of America $PKG

Natixis Advisors LLC raised its stake in Packaging Corporation of America (NYSE:PKG) by 31.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,782 shares of the industrial products company’s stock after purchasing an additional 24,945 shares during the quarter. Natixis Advisors LLC owned approximately 0.12% of Packaging Corporation of America worth $22,835,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PKG. World Investment Advisors boosted its holdings in shares of Packaging Corporation of America by 4.1% in the 3rd quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock valued at $279,000 after buying an additional 50 shares during the last quarter. Advyzon Investment Management LLC increased its holdings in Packaging Corporation of America by 3.3% during the second quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock worth $303,000 after buying an additional 52 shares during the last quarter. Argent Advisors Inc. raised its position in Packaging Corporation of America by 1.9% during the third quarter. Argent Advisors Inc. now owns 2,852 shares of the industrial products company’s stock worth $622,000 after acquiring an additional 52 shares in the last quarter. Eastern Bank raised its position in Packaging Corporation of America by 11.0% during the third quarter. Eastern Bank now owns 555 shares of the industrial products company’s stock worth $121,000 after acquiring an additional 55 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in Packaging Corporation of America by 40.7% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 57 shares during the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Trading Up 0.7%

Shares of PKG stock opened at $222.78 on Thursday. Packaging Corporation of America has a 12-month low of $172.71 and a 12-month high of $249.51. The company has a market capitalization of $19.87 billion, a PE ratio of 26.00, a price-to-earnings-growth ratio of 1.70 and a beta of 0.88. The firm has a 50 day moving average price of $226.33 and a two-hundred day moving average price of $213.57. The company has a quick ratio of 1.94, a current ratio of 3.17 and a debt-to-equity ratio of 0.86.

Packaging Corporation of America (NYSE:PKG) last posted its earnings results on Tuesday, January 27th. The industrial products company reported $2.32 EPS for the quarter, missing the consensus estimate of $2.41 by ($0.09). The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.43 billion. Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. Packaging Corporation of America’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. As a group, analysts predict that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, March 13th. Packaging Corporation of America’s dividend payout ratio is currently 58.34%.

Insiders Place Their Bets

In other news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the completion of the sale, the president owned 197,062 shares of the company’s stock, valued at approximately $45,422,791. This trade represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

PKG has been the topic of several recent analyst reports. Truist Financial lowered their price objective on shares of Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Wells Fargo & Company raised 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 note on Thursday, January 29th. Wall Street Zen upgraded Packaging Corporation of America from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. Weiss Ratings downgraded Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Finally, JPMorgan Chase & Co. upped their price objective on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $236.00.

About Packaging Corporation of America

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.