Sei Investments Co. Has $19.41 Million Stock Holdings in Packaging Corporation of America $PKG

Sei Investments Co. lessened its holdings in Packaging Corporation of America (NYSE:PKG) by 4.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,465 shares of the industrial products company’s stock after selling 4,103 shares during the period. Sei Investments Co.’s holdings in Packaging Corporation of America were worth $19,411,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. DV Equities LLC purchased a new stake in Packaging Corporation of America in the 4th quarter worth about $26,000. Covestor Ltd increased its holdings in shares of 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 period. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in shares of Packaging Corporation of America by 94.1% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 80 shares in the last quarter. Navalign LLC acquired a new stake in shares of Packaging Corporation of America during the fourth quarter worth approximately $36,000. Finally, Oslo Pensjonsforsikring AS acquired a new stake in shares of Packaging Corporation of America during the first quarter worth approximately $41,000. 89.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and upped their price objective for the company from $225.00 to $256.00 in a research note on Monday, May 4th. Citigroup lifted their target price on shares of Packaging Corporation of America from $241.00 to $254.00 and gave the company a “neutral” rating in a research note on Tuesday. Wells Fargo & Company restated an “equal weight” rating and set a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a report on Thursday, July 9th. Bank of America upped their price target on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, JPMorgan Chase & Co. increased their price objective on Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Packaging Corporation of America has a consensus rating of “Moderate Buy” and a consensus target price of $261.57.

Packaging Corporation of America Price Performance

Shares of NYSE:PKG opened at $249.21 on Thursday. The stock has a market capitalization of $22.20 billion, a P/E ratio of 32.36, a P/E/G ratio of 2.40 and a beta of 0.80. The business has a 50-day moving average of $230.00 and a two-hundred day moving average of $223.64. Packaging Corporation of America has a fifty-two week low of $189.03 and a fifty-two week high of $258.81. 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 issued its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.31 by $0.04. Packaging Corporation of America had a return on equity of 18.96% and a net margin of 7.25%.The business had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same period last year, the business earned $2.48 EPS. The firm’s revenue was up 14.7% compared to the same quarter last year. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. On average, equities research analysts predict that Packaging Corporation of America will post 10.45 EPS for the current fiscal year.

Packaging Corporation of America Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were paid a $1.50 dividend. The ex-dividend date was Monday, June 15th. This is a positive change from Packaging Corporation of America’s previous quarterly dividend of $1.25. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.4%. Packaging Corporation of America’s dividend payout ratio is presently 77.92%.

Insider Activity

In related news, CEO Mark W. Kowlzan sold 9,266 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total transaction of $2,011,463.28. Following the completion of the sale, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at approximately $102,811,258.80. This represents a 1.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

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.