Packaging Corporation of America $PKG Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC cut its holdings in Packaging Corporation of America (NYSE:PKG) by 5.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,148 shares of the industrial products company’s stock after selling 128 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Packaging Corporation of America were worth $405,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Charles Schwab Investment Management Inc. grew its position in shares of Packaging Corporation of America by 6.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,272,704 shares of the industrial products company’s stock valued at $648,061,000 after purchasing an additional 202,755 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Packaging Corporation of America by 46.5% during the first quarter. JPMorgan Chase & Co. now owns 3,038,859 shares of the industrial products company’s stock worth $601,755,000 after acquiring an additional 964,085 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Packaging Corporation of America by 108.4% during 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 acquiring an additional 1,229,219 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Packaging Corporation of America by 2.6% during the first quarter. Ameriprise Financial Inc. now owns 1,905,475 shares of the industrial products company’s stock worth $377,347,000 after acquiring an additional 47,558 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Packaging Corporation of America by 5.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,248,739 shares of the industrial products company’s stock worth $247,240,000 after acquiring an additional 60,710 shares during the last quarter. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Packaging Corporation of America Stock Performance

NYSE:PKG opened at $196.15 on Friday. The company has a quick ratio of 2.32, a current ratio of 3.54 and a debt-to-equity ratio of 0.54. The company has a market cap of $17.65 billion, a P/E ratio of 19.83, a P/E/G ratio of 1.44 and a beta of 0.91. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $250.82. The firm’s 50 day moving average is $211.86 and its two-hundred day moving average is $199.96.

Packaging Corporation of America (NYSE:PKG) last posted 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). Packaging Corporation of America had a return on equity of 19.98% and a net margin of 10.18%.The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the prior year, the business earned $2.65 EPS. The business’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. Analysts expect that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Monday, September 15th were issued a dividend of $1.25 per share. The ex-dividend date was Monday, September 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. Packaging Corporation of America’s payout ratio is presently 50.56%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on PKG shares. UBS Group raised their target price on shares of Packaging Corporation of America from $225.00 to $230.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Zacks Research lowered shares of Packaging Corporation of America from a “strong-buy” rating to a “hold” rating in a research report on Monday. Wells Fargo & Company raised their target price on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 7th. Weiss Ratings lowered shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Finally, Citigroup increased their price target on shares of Packaging Corporation of America from $214.00 to $218.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Packaging Corporation of America has an average rating of “Hold” and a consensus price target of $230.17.

Insider Buying and Selling at Packaging Corporation of America

In related news, CEO Mark W. Kowlzan sold 25,000 shares of Packaging Corporation of America stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the transaction, the chief executive officer owned 437,378 shares in the company, valued at approximately $94,460,526.66. The trade was a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.50% of the company’s stock.

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.