Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Packaging Corporation of America (NYSE:PKG). In a filing disclosed on April 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Packaging Corporation of America stock on March 20th.
Representative April McClain Delaney also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Entegris (NASDAQ:ENTG) on 3/31/2026.
- Purchased $1,001 – $15,000 in shares of Somnigroup International (NYSE:SGI) on 3/31/2026.
- Purchased $1,001 – $15,000 in shares of Rollins (NYSE:ROL) on 3/31/2026.
- Purchased $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 3/31/2026.
- Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 3/31/2026.
- Sold $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 3/26/2026.
- Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 3/18/2026.
- Purchased $1,001 – $15,000 in shares of Packaging Corporation of America (NYSE:PKG) on 3/17/2026.
- Purchased $1,001 – $15,000 in shares of Somnigroup International (NYSE:SGI) on 3/16/2026.
- Purchased $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 3/16/2026.
Packaging Corporation of America Stock Down 1.4%
NYSE PKG traded down $2.92 during trading hours on Thursday, hitting $208.13. The company’s stock had a trading volume of 830,247 shares, compared to its average volume of 1,085,270. Packaging Corporation of America has a 52 week low of $176.45 and a 52 week high of $249.51. The company has a market capitalization of $18.53 billion, a PE ratio of 24.29, a price-to-earnings-growth ratio of 1.90 and a beta of 0.90. The company has a current ratio of 3.17, a quick ratio of 1.94 and a debt-to-equity ratio of 0.86. The company’s 50-day simple moving average is $223.19 and its two-hundred day simple moving average is $212.90.
Packaging Corporation of America Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be given 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 2.4%. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 58.34%.
Hedge Funds Weigh In On Packaging Corporation of America
Several hedge funds have recently modified their holdings of the company. Cornerstone Planning Group LLC increased its stake in shares of Packaging Corporation of America by 105.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 59 shares during the last quarter. DV Equities LLC purchased a new stake in shares of Packaging Corporation of America during the 4th quarter worth approximately $26,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Packaging Corporation of America during the 3rd quarter worth approximately $31,000. Covestor Ltd increased its stake in shares of Packaging Corporation of America by 140.0% during the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA increased its stake in shares of Packaging Corporation of America by 94.1% during the 4th 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 during the last quarter. Institutional investors own 89.78% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the stock. Truist Financial dropped their price target on shares of Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. UBS Group lifted their target price on shares of 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. Argus raised shares of Packaging Corporation of America to a “strong-buy” rating in a research report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Packaging Corporation of America in a research report on Wednesday, April 1st. They set a “hold” rating and a $225.00 target price on the stock. Finally, Weiss Ratings cut shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $233.29.
Check Out Our Latest Stock Analysis on PKG
Insiders Place Their Bets
In related news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $230.50, for a total value of $2,795,734.50. Following the completion of the transaction, the president directly owned 197,062 shares in the company, valued at approximately $45,422,791. The trade was a 5.80% 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.
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) 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.
Further Reading
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