Packaging Corporation of America $PKG Shares Purchased by National Pension Service

National Pension Service raised its position in Packaging Corporation of America (NYSE:PKG) by 3.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 37,554 shares of the industrial products company’s stock after buying an additional 1,120 shares during the quarter. National Pension Service’s holdings in Packaging Corporation of America were worth $7,077,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Advyzon Investment Management LLC lifted its stake in shares of 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 acquiring an additional 52 shares during the period. Vise Technologies Inc. purchased a new position in Packaging Corporation of America during the second quarter worth about $1,306,000. Allworth Financial LP lifted its position in Packaging Corporation of America by 98.3% in the second quarter. Allworth Financial LP now owns 1,055 shares of the industrial products company’s stock valued at $199,000 after purchasing an additional 523 shares during the period. ProShare Advisors LLC lifted its position in Packaging Corporation of America by 54.7% in the second quarter. ProShare Advisors LLC now owns 24,986 shares of the industrial products company’s stock valued at $4,709,000 after purchasing an additional 8,833 shares during the period. Finally, Profund Advisors LLC boosted its holdings in Packaging Corporation of America by 5.2% in the 2nd quarter. Profund Advisors LLC now owns 2,414 shares of the industrial products company’s stock valued at $455,000 after purchasing an additional 119 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on PKG shares. Zacks Research downgraded Packaging Corporation of America from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. Wall Street Zen cut Packaging Corporation of America from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Thursday. Wells Fargo & Company upped their price target on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. 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 report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $230.17.

Packaging Corporation of America Trading Down 0.8%

Shares of PKG stock opened at $197.55 on Friday. The stock has a market cap of $17.78 billion, a P/E ratio of 19.97, a P/E/G ratio of 1.44 and a beta of 0.92. The company has a quick ratio of 2.32, a current ratio of 3.54 and a debt-to-equity ratio of 0.54. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $250.82. The business has a fifty day simple moving average of $208.27 and a 200-day simple moving average of $200.89.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.73 EPS for the quarter, missing the consensus estimate 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 return on equity of 19.98% and a net margin of 10.18%.Packaging Corporation of America’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. On average, analysts forecast that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal 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 given a $1.25 dividend. The ex-dividend date was Monday, September 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. Packaging Corporation of America’s dividend payout ratio is currently 50.56%.

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 that occurred 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 transaction, the chief executive officer directly owned 437,378 shares in the company, valued at $94,460,526.66. The trade was a 5.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by company insiders.

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.