Vanguard Group Inc. Grows Position in Packaging Corporation of America $PKG

Vanguard Group Inc. increased its holdings in Packaging Corporation of America (NYSE:PKG) by 0.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 11,227,652 shares of the industrial products company’s stock after purchasing an additional 23,345 shares during the period. Vanguard Group Inc. owned about 0.12% of Packaging Corporation of America worth $2,446,842,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Cornerstone Planning Group LLC boosted its holdings 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 acquiring an additional 59 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in 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 purchasing an additional 57 shares during the last quarter. NBT Bank N A NY purchased a new stake in Packaging Corporation of America in the third quarter worth approximately $41,000. Global Wealth Strategies & Associates bought a new stake in Packaging Corporation of America in the 3rd quarter worth approximately $44,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Packaging Corporation of America during the 2nd quarter valued at $44,000. Institutional investors own 89.78% of the company’s stock.

Insider Activity at Packaging Corporation of America

In other news, President Thomas A. Hassfurther sold 12,129 shares of the firm’s stock in a transaction 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 directly 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

PKG has been the topic of a number of research reports. 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. Wells Fargo & Company increased their target price on Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Citigroup boosted their price target on Packaging Corporation of America from $226.00 to $227.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. 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 note on Thursday, January 29th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Packaging Corporation of America in a research report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $236.00.

Packaging Corporation of America Stock Down 0.0%

NYSE PKG opened at $239.00 on Friday. The stock’s 50-day moving average price is $220.04 and its 200-day moving average price is $210.50. The company has a quick ratio of 2.00, a current ratio of 3.16 and a debt-to-equity ratio of 0.84. Packaging Corporation of America has a 52 week low of $172.71 and a 52 week high of $249.51. The company has a market capitalization of $21.51 billion, a P/E ratio of 27.89, a price-to-earnings-growth ratio of 1.84 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.43 billion. Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.18%. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.47 earnings per share. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. On average, equities research analysts predict that Packaging Corporation of America will post 10.44 earnings per share for the current 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 paid a $1.25 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.1%. Packaging Corporation of America’s dividend payout ratio 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.