Packaging Corporation of America (NYSE:PKG) Shares Sold Off Rep. April McClain Delaney

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Packaging Corporation of America (NYSE:PKG). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $50,001 and $100,000 in Packaging Corporation of America stock on August 25th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.

Packaging Corporation of America Stock Up 1.0%

Packaging Corporation of America stock opened at $234.72 on Friday. The stock has a market cap of $20.91 billion, a P/E ratio of 30.48, a P/E/G ratio of 2.36 and a beta of 0.78. The company has a quick ratio of 1.86, a current ratio of 2.94 and a debt-to-equity ratio of 0.85. Packaging Corporation of America has a twelve month low of $191.50 and a twelve month high of $259.98. The company’s 50-day moving average price is $241.75 and its two-hundred day moving average price is $227.48.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.31 by $0.04. The company had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%.The business’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the company 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, analysts expect that Packaging Corporation of America will post 10.48 EPS for the current year.

Packaging Corporation of America Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be paid a $1.50 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $6.00 dividend on an annualized basis and a yield of 2.6%. Packaging Corporation of America’s dividend payout ratio is 77.92%.

Hedge Funds Weigh In On Packaging Corporation of America

Several hedge funds and other institutional investors have recently made changes to their positions in PKG. California State Teachers Retirement System increased its stake in Packaging Corporation of America by 23,647.1% in the second quarter. California State Teachers Retirement System now owns 24,687,714 shares of the industrial products company’s stock valued at $5,882,588,000 after acquiring an additional 24,583,753 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Packaging Corporation of America in the 2nd quarter valued at $1,837,506,000. State Street Corp increased its stake in shares of Packaging Corporation of America by 1.3% in the 4th quarter. State Street Corp now owns 4,185,761 shares of the industrial products company’s stock valued at $868,349,000 after purchasing an additional 54,884 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Packaging Corporation of America by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,478,505 shares of the industrial products company’s stock worth $717,372,000 after buying an additional 83,978 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Packaging Corporation of America by 7.5% during the 4th quarter. JPMorgan Chase & Co. now owns 3,316,670 shares of the industrial products company’s stock worth $683,997,000 after buying an additional 231,474 shares during the last quarter. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Packaging Corporation of America

In other Packaging Corporation of America news, President Thomas Hassfurther sold 12,531 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the completion of the transaction, the president owned 218,751 shares of the company’s stock, valued at approximately $54,687,750. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Donald Shirley sold 12,000 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $250.71, for a total transaction of $3,008,520.00. Following the completion of the transaction, the vice president directly owned 19,110 shares of the company’s stock, valued at $4,791,068.10. This trade represents a 38.57% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 40,391 shares of company stock worth $10,196,101. Company insiders own 1.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on PKG shares. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. JPMorgan Chase & Co. raised their target price on shares of Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Bank of America dropped their price target on shares of Packaging Corporation of America from $280.00 to $260.00 and set a “buy” rating for the company in a research report on Friday. Weiss Ratings upgraded Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 25th. Finally, UBS Group lifted their price objective on Packaging Corporation of America from $271.00 to $292.00 and gave the company a “buy” rating in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Packaging Corporation of America presently has an average rating of “Moderate Buy” and a consensus target price of $264.14.

Trending Headlines about Packaging Corporation of America

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: Bank of America maintained a Buy rating on PKG while lowering its price target from $280 to $260. The revised target still implies approximately 10.8% upside from the referenced $234.72 share price, suggesting the firm sees further appreciation potential. Tickerreport article
• Positive Sentiment: Zacks Research raised its earnings forecasts across several periods. Estimates increased to $2.76 per share for fourth-quarter 2026, $2.98 for second-quarter 2027, $3.36 for third-quarter 2027, and $3.24 for both fourth-quarter 2027 and first-quarter 2028. Full-year forecasts also rose to $12.46 for 2027 and $14.60 for 2028. Although the increases were small, the revisions indicate slightly improved expectations for PKG’s future profitability.
• Neutral Sentiment: Packaging Corporation of America also presented at the Jefferies Global Industrials Conference. The transcript provides investors with additional management commentary, but no specific new guidance or material business announcement was identified in the available report. Jefferies Global Industrials Conference transcript

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Packaging Corporation of America Company Profile

Packaging Corporation of America (NYSE: PKG) manufactures and sells containerboard and corrugated packaging products. Its offerings include shipping boxes, retail displays, protective packaging and other custom-designed packaging solutions used by businesses in a range of industries.

The company also produces uncoated paper products, including communication papers, office papers and specialty papers. PCA serves customers primarily across the United States and operates a network of paper mills, corrugated products plants, design centers and related facilities.

Packaging Corporation of America was established in 1999 following the acquisition of Tenneco Packaging by an investor group and its subsequent separation from Tenneco Inc Mark W.