Realta Investment Advisors Invests $975,000 in Packaging Corporation of America $PKG

Realta Investment Advisors purchased a new stake in shares of Packaging Corporation of America (NYSE:PKG) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 4,592 shares of the industrial products company’s stock, valued at approximately $975,000.

Several other institutional investors and hedge funds also recently bought and sold shares of PKG. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of Packaging Corporation of America in the fourth quarter worth $4,664,000. PNC Financial Services Group Inc. raised its stake in shares of Packaging Corporation of America by 10.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 68,314 shares of the industrial products company’s stock valued at $14,088,000 after purchasing an additional 6,257 shares during the period. Victory Capital Management Inc. raised its stake in shares of Packaging Corporation of America by 21.2% during the 3rd quarter. Victory Capital Management Inc. now owns 1,788,060 shares of the industrial products company’s stock valued at $389,672,000 after purchasing an additional 312,226 shares during the period. First Horizon Corp lifted its holdings in Packaging Corporation of America by 74,572.9% during the 4th quarter. First Horizon Corp now owns 35,843 shares of the industrial products company’s stock worth $7,392,000 after purchasing an additional 35,795 shares in the last quarter. Finally, Monte Financial Group LLC purchased a new stake in Packaging Corporation of America during the 4th quarter worth about $5,909,000. 89.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the stock in a transaction 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 transaction, the chief executive officer owned 473,610 shares of the company’s stock, valued at $102,811,258.80. This represents a 1.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is currently owned by corporate insiders.

Packaging Corporation of America Stock Performance

NYSE:PKG opened at $241.63 on Friday. The stock has a market cap of $21.53 billion, a P/E ratio of 29.40, a PEG ratio of 2.25 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. The business’s 50-day moving average price is $221.02 and its two-hundred day moving average price is $218.81. Packaging Corporation of America has a twelve month low of $187.41 and a twelve month high of $249.51.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $2.40 EPS for the quarter, topping the consensus estimate of $2.17 by $0.23. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.45 billion. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.Packaging Corporation of America’s revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.31 earnings per share. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. As a group, equities analysts predict that Packaging Corporation of America will post 10.45 EPS for the current fiscal year.

Packaging Corporation of America Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be paid a $1.50 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $6.00 dividend on an annualized basis and a yield of 2.5%. This is a boost from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s dividend payout ratio is presently 72.99%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Citigroup cut their target price on Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. UBS Group raised shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and increased their price target for the stock from $232.00 to $248.00 in a report on Wednesday, May 20th. Truist Financial restated a “buy” rating and issued a $258.00 price objective (down from $260.00) on shares of Packaging Corporation of America in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft raised shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and boosted their price objective for the company from $225.00 to $256.00 in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. upped their target price on shares of Packaging Corporation of America from $225.00 to $246.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $241.83.

Packaging Corporation of America 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.