Packaging Corporation of America $PKG Shares Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC boosted its position in Packaging Corporation of America (NYSE:PKG) by 99.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,138 shares of the industrial products company’s stock after buying an additional 4,051 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in Packaging Corporation of America were worth $1,939,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. DV Equities LLC acquired a new stake in Packaging Corporation of America during the 4th quarter valued at approximately $26,000. Covestor Ltd increased its stake in shares of Packaging Corporation of America by 140.0% in the fourth quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 91 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its holdings in shares of Packaging Corporation of America by 94.1% during 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 during the last quarter. Navalign LLC purchased a new position in shares of Packaging Corporation of America during the fourth quarter worth $36,000. Finally, Fiduciary Financial Advisors acquired a new position in Packaging Corporation of America during the second quarter valued at $36,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Stock Down 2.3%

PKG stock opened at $228.62 on Wednesday. Packaging Corporation of America has a one year low of $191.50 and a one year high of $259.98. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.86 and a current ratio of 2.94. The firm’s fifty day moving average is $242.55 and its 200 day moving average is $227.82. The firm has a market cap of $20.37 billion, a PE ratio of 29.69, a P/E/G ratio of 2.21 and a beta of 0.78.

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, topping analysts’ consensus estimates of $2.31 by $0.04. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. The business had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the prior year, the firm posted $2.48 earnings per share. The company’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, research analysts forecast that Packaging Corporation of America will post 10.48 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Truist Financial increased their price target on Packaging Corporation of America from $258.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Wells Fargo & Company reissued an “equal weight” rating and issued a $246.00 price objective (up from $245.00) on shares of Packaging Corporation of America in a report on Thursday, July 9th. Weiss Ratings upgraded Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 25th. Bank of America raised their target price on Packaging Corporation of America from $242.00 to $263.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, UBS Group lifted their price target on Packaging Corporation of America from $271.00 to $292.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Packaging Corporation of America has an average rating of “Moderate Buy” and an average target price of $264.57.

Insider Transactions at Packaging Corporation of America

In other news, VP Donald R. Shirley sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $250.71, for a total value of $3,008,520.00. Following the completion of the sale, the vice president directly owned 19,110 shares in the company, valued at $4,791,068.10. The trade was a 38.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Thomas A. Hassfurther sold 12,531 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $250.00, for a total value of $3,132,750.00. Following the transaction, the president directly owned 218,751 shares of the company’s stock, valued at approximately $54,687,750. The trade was a 5.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,391 shares of company stock valued at $10,196,101 in the last ninety days. 1.60% of the stock is currently owned by insiders.

Packaging Corporation of America 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.