Packaging Corporation of America (NYSE:PKG) Receives $234.43 Average Target Price from Analysts

Packaging Corporation of America (NYSE:PKG) has earned an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $233.2857.

PKG has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on Packaging Corporation of America in a research report on Wednesday, April 1st. They issued a “hold” rating and a $225.00 price objective on the stock. Wall Street Zen upgraded Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Weiss Ratings lowered Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Argus upgraded Packaging Corporation of America to a “strong-buy” rating in a research report on Thursday, February 26th. Finally, UBS Group increased their target price on Packaging Corporation of America from $230.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, January 12th.

Insider Activity

In other news, President Thomas A. Hassfurther sold 12,129 shares of the stock in a transaction that occurred 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 transaction, the president owned 197,062 shares in the company, valued at $45,422,791. This trade represents a 5.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in PKG. Cornerstone Planning Group LLC lifted its position in shares of Packaging Corporation of America by 105.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock valued at $25,000 after buying an additional 59 shares in the last quarter. DV Equities LLC acquired a new position in Packaging Corporation of America in the 4th quarter valued at $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in Packaging Corporation of America in the 3rd quarter valued at $31,000. Covestor Ltd raised its stake 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 purchasing an additional 91 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in Packaging Corporation of America by 94.1% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Trading Down 1.0%

Packaging Corporation of America stock opened at $203.39 on Friday. The company has a current ratio of 3.17, a quick ratio of 1.94 and a debt-to-equity ratio of 0.86. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $249.51. The stock’s 50 day simple moving average is $223.56 and its two-hundred day simple moving average is $212.94. The firm has a market cap of $18.11 billion, a PE ratio of 23.73, a P/E/G ratio of 1.53 and a beta of 0.90.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $2.32 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 during the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the prior year, the company posted $2.47 EPS. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be given a dividend of $1.25 per share. The ex-dividend date is Friday, March 13th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. Packaging Corporation of America’s dividend payout ratio (DPR) is 58.34%.

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.