Linden Thomas Advisory Services LLC Has $1.34 Million Stock Holdings in Packaging Corporation of America $PKG

Linden Thomas Advisory Services LLC raised its position in Packaging Corporation of America (NYSE:PKG) by 16.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 7,102 shares of the industrial products company’s stock after acquiring an additional 1,027 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Packaging Corporation of America were worth $1,338,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD lifted its position in shares of Packaging Corporation of America by 108.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,363,617 shares of the industrial products company’s stock worth $468,045,000 after purchasing an additional 1,229,219 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Packaging Corporation of America by 46.5% in the 1st quarter. JPMorgan Chase & Co. now owns 3,038,859 shares of the industrial products company’s stock valued at $601,755,000 after buying an additional 964,085 shares during the last quarter. Select Equity Group L.P. increased its stake in Packaging Corporation of America by 114.5% in the 1st quarter. Select Equity Group L.P. now owns 689,253 shares of the industrial products company’s stock valued at $136,486,000 after buying an additional 367,933 shares during the last quarter. Nuveen LLC bought a new stake in Packaging Corporation of America during the 1st quarter worth about $66,091,000. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Packaging Corporation of America by 377.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 262,203 shares of the industrial products company’s stock worth $49,412,000 after buying an additional 207,244 shares during the last quarter. 89.78% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Mark W. Kowlzan sold 25,000 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the completion of the sale, the chief executive officer directly owned 437,378 shares in the company, valued at $94,460,526.66. This represents a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.50% of the company’s stock.

Packaging Corporation of America Price Performance

Shares of NYSE PKG opened at $204.56 on Friday. The firm has a market cap of $18.41 billion, a P/E ratio of 20.68, a price-to-earnings-growth ratio of 1.20 and a beta of 0.91. The business’s 50 day moving average is $211.76 and its 200-day moving average is $199.60. 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 $250.82.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.29 billion. Packaging Corporation of America had a return on equity of 19.98% and a net margin of 10.18%.The business’s revenue was up 6.0% on a year-over-year basis. During the same period last year, the company posted $2.65 EPS. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. 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 firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th were paid a $1.25 dividend. The ex-dividend date was Monday, September 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 50.56%.

Analysts Set New Price Targets

PKG has been the topic of several analyst reports. Citigroup upped their target price on Packaging Corporation of America from $214.00 to $218.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Truist Financial upped their price objective on Packaging Corporation of America from $262.00 to $264.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. JPMorgan Chase & Co. assumed coverage on Packaging Corporation of America in a report on Wednesday, September 24th. They issued an “overweight” rating and a $242.00 price objective for the company. Weiss Ratings downgraded shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday. Finally, UBS Group increased their price target on shares of Packaging Corporation of America from $225.00 to $230.00 and gave the company a “neutral” rating in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $230.17.

About Packaging Corporation of America

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.