Dimensional Fund Advisors LP Grows Position in Packaging Corporation of America $PKG

Dimensional Fund Advisors LP raised its stake in Packaging Corporation of America (NYSE:PKG) by 2.6% in the first quarter, HoldingsChannel.com reports. The fund owned 1,296,667 shares of the industrial products company’s stock after purchasing an additional 32,698 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Packaging Corporation of America were worth $275,159,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. DV Equities LLC acquired a new stake in shares of Packaging Corporation of America during the fourth quarter valued at $26,000. Covestor Ltd raised its stake in Packaging Corporation of America by 140.0% in the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 91 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in Packaging Corporation of America by 94.1% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 80 shares during the last quarter. Navalign LLC purchased a new position in Packaging Corporation of America in the 4th quarter valued at about $36,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Packaging Corporation of America by 40.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 57 shares during the last quarter. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Packaging Corporation of America

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 9,266 shares of Packaging Corporation of America stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total value of $2,011,463.28. Following the transaction, the chief executive officer owned 473,610 shares in the company, valued at $102,811,258.80. This trade represents a 1.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on PKG. Truist Financial lifted their price target on shares of Packaging Corporation of America from $258.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. UBS Group upgraded shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and raised their target price for the stock from $232.00 to $248.00 in a research report on Wednesday, May 20th. Citigroup lifted their target price on shares of Packaging Corporation of America from $229.00 to $241.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Weiss Ratings downgraded Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, May 26th. Finally, Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and increased their price target for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $256.14.

Packaging Corporation of America Trading Down 0.4%

NYSE PKG opened at $227.37 on Thursday. The company has a market cap of $20.26 billion, a P/E ratio of 27.66, a P/E/G ratio of 2.12 and a beta of 0.80. Packaging Corporation of America has a 12 month low of $189.03 and a 12 month high of $249.51. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.07 and a quick ratio of 1.88. The company has a 50-day moving average of $226.33 and a 200-day moving average of $222.32.

Packaging Corporation of America (NYSE:PKG) last released its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.04. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.27%. The business had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same period last year, the company earned $2.48 earnings per share. The company’s quarterly revenue was up 14.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. As a group, equities analysts predict that Packaging Corporation of America will post 10.46 earnings per share for the current year.

Packaging Corporation of America Increases Dividend

The business also recently declared 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 is an increase from Packaging Corporation of America’s previous quarterly dividend of $1.25. This represents a $6.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. Packaging Corporation of America’s payout ratio is 72.99%.

Packaging Corporation of America News Roundup

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

• Positive Sentiment: Q2 adjusted earnings came in at $2.35 per share, ahead of the $2.31 consensus estimate, and revenue increased 14.7% year over year to $2.5 billion. Packaging Corporation of America Reports Second Quarter 2026 Results
• Neutral Sentiment: The company’s net income and margins remained solid, with reported net income of $192 million and adjusted net income of $210 million, suggesting stable operating performance rather than a major surprise. Packaging Corporation of America posts Q2 CY2026 sales in line with estimates
• Negative Sentiment: Management’s Q3 2026 EPS guidance of $2.91 was slightly below the $2.97 analyst consensus, which may be pressuring the stock despite the Q2 beat. Packaging Corporation of America Reports Second Quarter 2026 Results

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.