Analysts Set Packaging Corporation of America (NYSE:PKG) PT at $230.67

Packaging Corporation of America (NYSE:PKG) has been assigned a consensus rating of “Hold” from the nine analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $230.6667.

PKG has been the subject of several research analyst reports. Zacks Research lowered Packaging Corporation of America from a “hold” rating to a “strong sell” rating in a research report on Monday, December 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a research note on Monday. UBS Group raised their target price on Packaging Corporation of America from $225.00 to $230.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. upped their price target on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. Finally, Wall Street Zen downgraded Packaging Corporation of America from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th.

Packaging Corporation of America Trading Down 0.2%

NYSE:PKG opened at $208.30 on Friday. Packaging Corporation of America has a 52 week low of $172.71 and a 52 week high of $242.68. The firm has a 50-day moving average price of $201.39 and a two-hundred day moving average price of $203.59. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16. The firm has a market cap of $18.74 billion, a price-to-earnings ratio of 21.06, a price-to-earnings-growth ratio of 1.53 and a beta of 0.89.

Packaging Corporation of America (NYSE:PKG) last released its earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.83 by ($0.10). The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.29 billion. Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. The business’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. On average, equities analysts expect that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 15th will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, December 15th. Packaging Corporation of America’s payout ratio is currently 50.56%.

Institutional Investors Weigh In On Packaging Corporation of America

Several hedge funds and other institutional investors have recently modified their holdings of PKG. Vanguard Group Inc. raised its position in shares of Packaging Corporation of America by 1.6% in the second quarter. Vanguard Group Inc. now owns 11,204,307 shares of the industrial products company’s stock worth $2,111,452,000 after buying an additional 176,811 shares in the last quarter. State Street Corp boosted its stake in Packaging Corporation of America by 0.8% in the third quarter. State Street Corp now owns 4,130,877 shares of the industrial products company’s stock worth $905,383,000 after buying an additional 33,624 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Packaging Corporation of America by 2.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,351,323 shares of the industrial products company’s stock valued at $631,557,000 after purchasing an additional 78,619 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Packaging Corporation of America by 13.7% during the third quarter. JPMorgan Chase & Co. now owns 3,085,196 shares of the industrial products company’s stock valued at $672,357,000 after buying an additional 370,573 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Packaging Corporation of America by 2.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,954,605 shares of the industrial products company’s stock worth $426,016,000 after purchasing an additional 55,784 shares during the period. 89.78% of the stock is currently owned by institutional investors.

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.