Rep. April McClain Delaney Buys Packaging Corporation of America (NYSE:PKG) Stock

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Packaging Corporation of America (NYSE:PKG). In a filing disclosed on June 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in Packaging Corporation of America stock on May 6th.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of Martin Marietta Materials (NYSE:MLM) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/26/2026.

Packaging Corporation of America Stock Performance

Shares of PKG stock traded up $7.99 on Tuesday, reaching $227.42. The stock had a trading volume of 726,194 shares, compared to its average volume of 951,933. The firm has a market capitalization of $20.26 billion, a price-to-earnings ratio of 27.67, a P/E/G ratio of 2.01 and a beta of 0.81. The company has a quick ratio of 1.88, a current ratio of 3.07 and a debt-to-equity ratio of 0.87. Packaging Corporation of America has a 12 month low of $184.76 and a 12 month high of $249.51. The firm’s 50-day moving average is $214.69 and its two-hundred day moving average is $215.77.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.23. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.27%. The firm had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.45 billion. During the same period in the prior year, the firm earned $2.31 EPS. The business’s revenue was up 10.6% on a year-over-year basis. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. On average, research analysts expect that Packaging Corporation of America will post 10.8 EPS for the current fiscal year.

Packaging Corporation of America Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. This is a positive change from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s payout ratio is currently 60.83%.

Insider Buying and Selling

In related news, CEO Mark W. Kowlzan sold 9,266 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total value of $2,011,463.28. Following the completion of the transaction, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at approximately $102,811,258.80. This trade represents a 1.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 7th. Citigroup cut their price target on shares of Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and boosted their target price for the company from $225.00 to $256.00 in a report on Monday, May 4th. Argus upgraded shares of Packaging Corporation of America to a “strong-buy” rating in a report on Thursday, February 26th. Finally, UBS Group upgraded shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and upped their price objective for the company from $232.00 to $248.00 in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $236.57.

Hedge Funds Weigh In On Packaging Corporation of America

Several institutional investors have recently modified their holdings of PKG. Farmers National Bank bought a new position in shares of Packaging Corporation of America during the 1st quarter valued at approximately $243,000. Glenmede Trust Co. NA boosted its holdings in Packaging Corporation of America by 50.7% in the 1st quarter. Glenmede Trust Co. NA now owns 2,306 shares of the industrial products company’s stock worth $489,000 after buying an additional 776 shares during the period. SHUTTLEWORTH & Co boosted its holdings in Packaging Corporation of America by 1.4% in the 1st quarter. SHUTTLEWORTH & Co now owns 10,287 shares of the industrial products company’s stock worth $2,183,000 after buying an additional 147 shares during the period. SOA Wealth Advisors LLC. bought a new position in Packaging Corporation of America in the 1st quarter worth approximately $82,000. Finally, Dayah Capital LLC bought a new position in Packaging Corporation of America in the 1st quarter worth approximately $3,183,000. 89.78% of the stock is owned by institutional investors.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

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.