Natixis Advisors LLC Acquires 24,945 Shares of Packaging Corporation of America $PKG

Natixis Advisors LLC grew its holdings in shares of Packaging Corporation of America (NYSE:PKG) by 31.2% during the third quarter, HoldingsChannel.com reports. The firm owned 104,782 shares of the industrial products company’s stock after acquiring an additional 24,945 shares during the quarter. Natixis Advisors LLC’s holdings in Packaging Corporation of America were worth $22,835,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Packaging Corporation of America in the second quarter valued at approximately $225,478,000. Bank of New York Mellon Corp grew its position in Packaging Corporation of America by 119.9% during the third quarter. Bank of New York Mellon Corp now owns 1,863,359 shares of the industrial products company’s stock worth $406,082,000 after buying an additional 1,015,894 shares in the last quarter. American Century Companies Inc. grew its position in Packaging Corporation of America by 70.6% during the second quarter. American Century Companies Inc. now owns 1,860,113 shares of the industrial products company’s stock worth $350,539,000 after buying an additional 769,806 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Packaging Corporation of America by 13.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,085,196 shares of the industrial products company’s stock worth $672,357,000 after acquiring an additional 370,573 shares during the period. Finally, AQR Capital Management LLC increased its stake in Packaging Corporation of America by 56.4% during the 2nd quarter. AQR Capital Management LLC now owns 888,362 shares of the industrial products company’s stock worth $167,412,000 after acquiring an additional 320,418 shares during the period. 89.78% of the stock is owned by institutional investors.

Insider Transactions at Packaging Corporation of America

In other Packaging Corporation of America news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $230.50, for a total value of $2,795,734.50. Following the transaction, the president owned 197,062 shares in the company, valued at $45,422,791. The trade was a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.50% of the stock is currently owned by corporate insiders.

Packaging Corporation of America Stock Up 0.7%

NYSE PKG opened at $222.78 on Thursday. The business has a fifty day moving average price of $226.33 and a two-hundred day moving average price of $213.57. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.17 and a quick ratio of 1.94. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $249.51. The stock has a market capitalization of $19.87 billion, a PE ratio of 26.00, a PEG ratio of 1.70 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last issued its earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. The business had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the business posted $2.47 EPS. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Equities 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 firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $5.00 annualized dividend and a yield of 2.2%. Packaging Corporation of America’s dividend payout ratio (DPR) is 58.34%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on PKG shares. Truist Financial cut their target price on Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. UBS Group raised their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Wells Fargo & Company raised their price target on Packaging Corporation of America from $233.00 to $234.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Citigroup boosted their price target on Packaging Corporation of America from $226.00 to $227.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Finally, Weiss Ratings downgraded shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Packaging Corporation of America presently has a consensus rating of “Moderate Buy” and an average price target of $236.00.

About Packaging Corporation of America

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.