Rokos Capital Management LLP Makes New Investment in Packaging Corporation of America $PKG

Rokos Capital Management LLP purchased a new position in shares of Packaging Corporation of America (NYSE:PKG) during the first quarter, HoldingsChannel.com reports. The fund purchased 17,986 shares of the industrial products company’s stock, valued at approximately $3,817,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Empowered Funds LLC boosted its position in shares of Packaging Corporation of America by 95.4% in the 1st quarter. Empowered Funds LLC now owns 10,280 shares of the industrial products company’s stock worth $2,182,000 after purchasing an additional 5,020 shares in the last quarter. Quantinno Capital Management LP increased its position in Packaging Corporation of America by 0.7% during the 1st quarter. Quantinno Capital Management LP now owns 113,026 shares of the industrial products company’s stock valued at $23,987,000 after buying an additional 741 shares in the last quarter. Gateway Wealth Partners LLC increased its position in Packaging Corporation of America by 88.0% during the 1st quarter. Gateway Wealth Partners LLC now owns 3,106 shares of the industrial products company’s stock valued at $659,000 after buying an additional 1,454 shares in the last quarter. Weiss Asset Management LP raised its stake in Packaging Corporation of America by 407.6% in the first quarter. Weiss Asset Management LP now owns 22,654 shares of the industrial products company’s stock valued at $4,808,000 after buying an additional 18,191 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp raised its stake in Packaging Corporation of America by 15.9% in the first quarter. OMERS ADMINISTRATION Corp now owns 15,937 shares of the industrial products company’s stock valued at $3,382,000 after buying an additional 2,191 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Stock Down 0.6%

NYSE:PKG opened at $252.76 on Tuesday. The firm has a market capitalization of $22.52 billion, a P/E ratio of 32.83, a PEG ratio of 2.36 and a beta of 0.80. Packaging Corporation of America has a 1-year low of $189.03 and a 1-year high of $256.44. The company’s fifty day moving average price is $228.28 and its 200-day moving average price is $223.07. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.07 and a quick ratio of 1.88.

Packaging Corporation of America (NYSE:PKG) last posted its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.04. The company had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.49 billion. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.96%. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.48 earnings per share. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. As a group, equities research analysts anticipate that Packaging Corporation of America will post 10.5 EPS for the current year.

Packaging Corporation of America Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Monday, June 15th. This is an increase from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s dividend payout ratio (DPR) is 77.92%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on PKG shares. JPMorgan Chase & Co. boosted their price target on Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a research note on Friday. Citigroup increased their price objective on shares of Packaging Corporation of America from $229.00 to $241.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $246.00 target price (up from $245.00) on shares of Packaging Corporation of America in a research note on Thursday, July 9th. Weiss Ratings downgraded shares of Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Finally, Truist Financial upped their price target on shares of Packaging Corporation of America from $258.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.71.

Insider Activity

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total value of $2,011,463.28. Following the completion of the transaction, the chief executive officer owned 473,610 shares of the company’s stock, valued at $102,811,258.80. The trade was a 1.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.60% of the stock is currently owned by company insiders.

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.