Packaging Corporation of America $PKG Stock Position Decreased by Portfolio Design Labs LLC

Portfolio Design Labs LLC cut its stake in shares of Packaging Corporation of America (NYSE:PKG) by 18.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,846 shares of the industrial products company’s stock after selling 3,060 shares during the period. Portfolio Design Labs LLC’s holdings in Packaging Corporation of America were worth $2,609,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of PKG. Advyzon Investment Management LLC increased its stake in Packaging Corporation of America by 3.3% in the 2nd quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock worth $303,000 after purchasing an additional 52 shares in the last quarter. Forza Wealth Management LLC lifted its stake in Packaging Corporation of America by 2.8% during the second quarter. Forza Wealth Management LLC now owns 2,076 shares of the industrial products company’s stock valued at $391,000 after buying an additional 56 shares in the last quarter. Manchester Capital Management LLC boosted its holdings in shares of Packaging Corporation of America by 39.0% in the first quarter. Manchester Capital Management LLC now owns 203 shares of the industrial products company’s stock worth $40,000 after buying an additional 57 shares during the period. Bruce G. Allen Investments LLC increased its position in shares of Packaging Corporation of America by 72.2% in the second quarter. Bruce G. Allen Investments LLC now owns 136 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 57 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Packaging Corporation of America by 40.4% in the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 57 shares in the last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.

Packaging Corporation of America Trading Down 0.4%

NYSE PKG opened at $203.20 on Tuesday. The company has a current ratio of 3.54, a quick ratio of 2.32 and a debt-to-equity ratio of 0.54. Packaging Corporation of America has a 1-year low of $172.71 and a 1-year high of $248.61. The firm’s fifty day simple moving average is $205.06 and its 200-day simple moving average is $202.17. The company has a market capitalization of $18.28 billion, a PE ratio of 20.55, a price-to-earnings-growth ratio of 1.44 and a beta of 0.92.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.98%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the business posted $2.65 EPS. Packaging Corporation of America’s revenue for the quarter was up 6.0% on a year-over-year basis. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. As a group, sell-side analysts anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on PKG shares. Wall Street Zen upgraded shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Zacks Research downgraded shares of Packaging Corporation of America from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. UBS Group increased their target price on Packaging Corporation of America from $225.00 to $230.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Truist Financial raised their target price on Packaging Corporation of America from $262.00 to $264.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Finally, JPMorgan Chase & Co. assumed coverage on Packaging Corporation of America in a report on Wednesday, September 24th. They set an “overweight” rating and a $242.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $230.17.

Insider Activity

In related news, CEO Mark W. Kowlzan sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $215.97, for a total value of $5,399,250.00. Following the completion of the sale, the chief executive officer owned 437,378 shares of the company’s stock, valued at approximately $94,460,526.66. The trade was a 5.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.50% of the stock is currently owned by corporate insiders.

Packaging Corporation of America Profile

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.