G&S Capital LLC Purchases Shares of 6,133 Packaging Corporation of America $PKG

G&S Capital LLC acquired a new position in Packaging Corporation of America (NYSE:PKGFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,133 shares of the industrial products company’s stock, valued at approximately $1,337,000.

Other hedge funds have also made changes to their positions in the company. World Investment Advisors boosted its position in Packaging Corporation of America by 4.1% during the 3rd quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock worth $279,000 after purchasing an additional 50 shares during the period. Advyzon Investment Management LLC boosted its position in shares of Packaging Corporation of America by 3.3% in the second quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock worth $303,000 after buying an additional 52 shares during the period. Forza Wealth Management LLC grew its stake in shares of Packaging Corporation of America by 2.8% in the second quarter. Forza Wealth Management LLC now owns 2,076 shares of the industrial products company’s stock valued at $391,000 after buying an additional 56 shares in the last quarter. Bruce G. Allen Investments LLC grew its stake in shares of Packaging Corporation of America by 72.2% in the second quarter. Bruce G. Allen Investments LLC now owns 136 shares of the industrial products company’s stock valued at $26,000 after buying an additional 57 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings 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 valued at $39,000 after buying an additional 57 shares during the period. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on PKG shares. Wells Fargo & Company upgraded Packaging Corporation of America from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $222.00 to $233.00 in a report on Tuesday. JPMorgan Chase & Co. upped their target price on shares of Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Zacks Research raised shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Monday, December 29th. Finally, UBS Group upped their price objective on shares of Packaging Corporation of America from $225.00 to $230.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $235.33.

View Our Latest Stock Report on PKG

Packaging Corporation of America Stock Performance

Shares of Packaging Corporation of America stock opened at $214.00 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16. Packaging Corporation of America has a 1 year low of $172.71 and a 1 year high of $242.68. The firm’s 50-day simple moving average is $202.09 and its 200-day simple moving average is $204.46. The firm has a market cap of $19.26 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 1.57 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKGGet Free Report) last announced its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share for the quarter, missing the consensus estimate of $2.83 by ($0.10). Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the firm earned $2.65 earnings per share. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. Equities analysts forecast that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 15th will be paid a dividend of $1.25 per share. The ex-dividend date is Monday, December 15th. This represents a $5.00 annualized dividend and a yield of 2.3%. Packaging Corporation of America’s dividend payout ratio (DPR) is 50.56%.

Packaging Corporation of America Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Packaging Corporation of America (NYSE:PKG)

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