Donoghue Forlines LLC Buys Shares of 7,623 Packaging Corporation of America $PKG

Donoghue Forlines LLC purchased a new position in shares of Packaging Corporation of America (NYSE:PKG) during the second quarter, Holdings Channel reports. The institutional investor purchased 7,623 shares of the industrial products company’s stock, valued at approximately $1,437,000.

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

Packaging Corporation of America Stock Down 0.6%

Shares of PKG stock opened at $199.21 on Friday. Packaging Corporation of America has a 1-year low of $172.71 and a 1-year high of $250.82. The stock’s fifty day moving average price is $208.72 and its 200 day moving average price is $200.82. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.54 and a quick ratio of 2.32. The company has a market cap of $17.92 billion, a price-to-earnings ratio of 20.14, 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 results 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 business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.98%. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. On average, research analysts expect that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors 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 dividend on an annualized basis and a yield of 2.5%. Packaging Corporation of America’s dividend payout ratio (DPR) is 50.56%.

Insiders Place Their Bets

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 25,000 shares of the business’s stock in a transaction that occurred 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on PKG. Wall Street Zen lowered Packaging Corporation of America from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. JPMorgan Chase & Co. began coverage on Packaging Corporation of America in a research report on Wednesday, September 24th. They issued an “overweight” rating and a $242.00 price target for the company. UBS Group raised their price objective on Packaging Corporation of America from $225.00 to $230.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Weiss Ratings upgraded Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, November 7th. Finally, Truist Financial boosted their target price on shares of Packaging Corporation of America from $262.00 to $264.00 and gave the stock a “buy” rating in a report on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $230.17.

Packaging Corporation of America Company 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.