Packaging Corporation of America (NYSE:PKG) Now Covered by Deutsche Bank Aktiengesellschaft

Investment analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Packaging Corporation of America (NYSE:PKGGet Free Report) in a report released on Wednesday. The brokerage set a “hold” rating and a $225.00 price target on the industrial products company’s stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 5.92% from the company’s current price.

PKG has been the topic of a number of other reports. Wall Street Zen upgraded shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Truist Financial cut their price target on shares of Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Argus raised shares of Packaging Corporation of America to a “strong-buy” rating in a research note on Thursday, February 26th. JPMorgan Chase & Co. upped their target price on 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. Finally, Citigroup boosted their price target on Packaging Corporation of America from $226.00 to $227.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $234.43.

Read Our Latest Stock Analysis on Packaging Corporation of America

Packaging Corporation of America Price Performance

Shares of NYSE PKG opened at $212.42 on Wednesday. The business has a fifty day moving average price of $225.16 and a two-hundred day moving average price of $213.16. The stock has a market capitalization of $18.91 billion, a PE ratio of 24.79, a P/E/G ratio of 1.62 and a beta of 0.88. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.17 and a quick ratio of 1.94. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $249.51.

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

Insider Activity at Packaging Corporation of America

In related news, President Thomas A. Hassfurther sold 12,129 shares of the firm’s 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 sale, the president owned 197,062 shares of the company’s stock, valued at $45,422,791. This trade represents a 5.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Packaging Corporation of America

Several large investors have recently bought and sold shares of PKG. Cornerstone Planning Group LLC grew its holdings in shares of Packaging Corporation of America by 105.4% during the third quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 59 shares during the last quarter. DV Equities LLC bought a new stake in Packaging Corporation of America during the 4th quarter worth approximately $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in Packaging Corporation of America during the 3rd quarter worth approximately $31,000. Covestor Ltd increased its position in Packaging Corporation of America by 140.0% in the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 91 shares during the period. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in shares of Packaging Corporation of America by 94.1% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 80 shares during the last quarter. 89.78% of the stock is currently owned by institutional investors.

Packaging Corporation of America Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Packaging Corporation of America (NYSE:PKG)

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