ING Groep NV Cuts Stake in Packaging Corporation of America $PKG

ING Groep NV cut its position in Packaging Corporation of America (NYSE:PKG) by 43.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 51,224 shares of the industrial products company’s stock after selling 39,603 shares during the quarter. ING Groep NV’s holdings in Packaging Corporation of America were worth $11,163,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Packaging Corporation of America by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 11,204,307 shares of the industrial products company’s stock worth $2,111,452,000 after acquiring an additional 176,811 shares during the last quarter. State Street Corp raised its stake in shares of Packaging Corporation of America by 1.1% in the second quarter. State Street Corp now owns 4,097,253 shares of the industrial products company’s stock worth $777,037,000 after purchasing an additional 43,141 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Packaging Corporation of America by 2.4% during the second 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 in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Packaging Corporation of America by 119.9% during the third quarter. Bank of New York Mellon Corp now owns 1,863,359 shares of the industrial products company’s stock valued at $406,082,000 after buying an additional 1,015,894 shares during the last quarter. Finally, American Century Companies Inc. increased its holdings in Packaging Corporation of America by 70.6% in the 2nd quarter. American Century Companies Inc. now owns 1,860,113 shares of the industrial products company’s stock worth $350,539,000 after buying an additional 769,806 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Trading Up 1.1%

Shares of Packaging Corporation of America stock opened at $244.49 on Thursday. Packaging Corporation of America has a 1-year low of $172.71 and a 1-year high of $246.54. The company’s fifty day simple moving average is $214.81 and its 200-day simple moving average is $208.73. The company has a debt-to-equity ratio of 0.84, a current ratio of 3.16 and a quick ratio of 2.00. The stock has a market capitalization of $22.00 billion, a PE ratio of 28.53, a P/E/G ratio of 1.86 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Tuesday, January 27th. The industrial products company reported $2.32 EPS for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). Packaging Corporation of America had a return on equity of 19.18% and a net margin of 8.61%.The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the prior year, the business posted $2.47 earnings per share. Packaging Corporation of America’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 anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 15th were paid a dividend of $1.25 per share. The ex-dividend date was Monday, December 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.0%. Packaging Corporation of America’s payout ratio is 58.34%.

Insider Transactions at Packaging Corporation of America

In other Packaging Corporation of America news, President Thomas A. Hassfurther sold 12,129 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were 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 in the company, valued at approximately $45,422,791. This trade represents a 5.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

More Packaging Corporation of America News

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: Zacks raised PKG’s FY2027 EPS view to $12.38 and lifted several future-quarter estimates (Q1 2027, Q2 2027 and a small bump to Q2 2026), which supports a stronger medium‑term earnings outlook despite a “Hold” rating. (Zacks Research)
• Positive Sentiment: Coverage/market pieces highlight PKG as still favored by some institutional investors; Truist kept a Buy stance (slightly trimmed PT from $273 to $270), which may support demand among buy‑and‑hold investors. Recent Bearish Trend for Packaging Corporation (PKG) Offers Attractive Entry Point
• Neutral Sentiment: Market commentary and post‑quarter analysis are circulating (e.g., buy/sell/hold pieces) that may prompt short‑term trading but do not provide new company guidance. Packaging Corporation of America (PKG): Buy, Sell, or Hold Post Q4 Earnings?
• Negative Sentiment: Zacks cut several near‑term estimates — notably Q1 2026 from $2.38 to $2.20, plus reductions to Q3/Q4 2026 and FY2026 (now $10.80) — which can pressure the stock because near‑term earnings expectations drive quarterly sentiment and valuation. (Zacks Research)
• Negative Sentiment: Short interest jumped ~29.5% in January to ~3.18M shares (≈3.6% of shares), increasing potential downside pressure and volatility if bearish flows continue or if negative catalysts appear.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. 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 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 report on Thursday, January 29th. Wells Fargo & Company lifted their target price on shares of Packaging Corporation of America from $233.00 to $234.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Citigroup increased their price target on Packaging Corporation of America from $226.00 to $227.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Finally, UBS Group raised their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Packaging Corporation of America presently has an average rating of “Moderate Buy” and a consensus target price of $236.00.

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.