Packaging Corporation of America $PKG Shares Sold by Stephens Inc. AR

Stephens Inc. AR cut its holdings in shares of Packaging Corporation of America (NYSE:PKG) by 11.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,552 shares of the industrial products company’s stock after selling 7,363 shares during the quarter. Stephens Inc. AR owned approximately 0.07% of Packaging Corporation of America worth $12,978,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake 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 during the last quarter. State Street Corp grew its holdings in Packaging Corporation of America by 1.1% during the 2nd quarter. State Street Corp now owns 4,097,253 shares of the industrial products company’s stock worth $777,037,000 after acquiring an additional 43,141 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Packaging Corporation of America by 2.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,351,323 shares of the industrial products company’s stock worth $631,557,000 after purchasing an additional 78,619 shares during the last quarter. American Century Companies Inc. raised its stake in shares of 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 valued at $350,539,000 after purchasing an additional 769,806 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Packaging Corporation of America by 6.6% during the second quarter. Bank of America Corp DE now owns 1,449,494 shares of the industrial products company’s stock worth $273,157,000 after purchasing an additional 89,739 shares during the last quarter. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Packaging Corporation of America Trading Up 0.5%

Shares of NYSE:PKG opened at $219.75 on Thursday. The company has a 50 day moving average of $203.84 and a 200-day moving average of $205.41. The company has a current ratio of 3.16, a quick ratio of 2.00 and a debt-to-equity ratio of 0.84. The firm has a market cap of $19.77 billion, a P/E ratio of 22.22, a P/E/G ratio of 1.66 and a beta of 0.88. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $242.68.

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

Packaging Corporation of America Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 15th were issued a $1.25 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. Packaging Corporation of America’s dividend payout ratio is 50.56%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wells Fargo & Company raised Packaging Corporation of America from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $222.00 to $233.00 in a report on Tuesday, January 6th. Zacks Research raised Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Truist Financial lifted their price objective on shares of Packaging Corporation of America from $263.00 to $273.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $236.17.

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.