Packaging Corporation of America $PKG Shares Purchased by National Pension Service

National Pension Service lifted its stake in Packaging Corporation of America (NYSE:PKG) by 13.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,121 shares of the industrial products company’s stock after purchasing an additional 6,123 shares during the quarter. National Pension Service’s holdings in Packaging Corporation of America were worth $10,955,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Packaging Corporation of America by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 11,279,442 shares of the industrial products company’s stock valued at $2,326,159,000 after purchasing an additional 51,790 shares during the last quarter. State Street Corp increased its stake in Packaging Corporation of America by 0.8% during the third quarter. State Street Corp now owns 4,130,877 shares of the industrial products company’s stock worth $905,383,000 after acquiring an additional 33,624 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Packaging Corporation of America by 13.7% during the third quarter. JPMorgan Chase & Co. now owns 3,085,196 shares of the industrial products company’s stock worth $672,357,000 after acquiring an additional 370,573 shares during the last quarter. Geode Capital Management LLC increased its stake in Packaging Corporation of America by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 2,420,383 shares of the industrial products company’s stock worth $497,283,000 after acquiring an additional 16,902 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Packaging Corporation of America by 2.9% during the third quarter. Ameriprise Financial Inc. now owns 1,954,605 shares of the industrial products company’s stock worth $426,016,000 after acquiring an additional 55,784 shares during the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and raised their target price for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. JPMorgan Chase & Co. raised their target price on Packaging Corporation of America from $225.00 to $246.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. UBS Group raised 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 note on Wednesday, May 20th. Citigroup cut their target price on Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Finally, Wells Fargo & Company cut their target price on Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating for the company in a research note on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.57.

Insider Transactions at Packaging Corporation of America

In related news, CEO Mark W. Kowlzan sold 9,266 shares of Packaging Corporation of America stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total value of $2,011,463.28. Following the completion of the transaction, the chief executive officer directly owned 473,610 shares in the company, valued at approximately $102,811,258.80. This trade represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.60% of the company’s stock.

Packaging Corporation of America Trading Down 0.1%

NYSE:PKG opened at $218.74 on Monday. The firm has a market cap of $19.49 billion, a PE ratio of 26.61, a price-to-earnings-growth ratio of 1.98 and a beta of 0.81. The stock has a fifty day moving average price of $213.01 and a 200 day moving average price of $214.75. Packaging Corporation of America has a 12-month low of $184.76 and a 12-month high of $249.51. The company has a current ratio of 3.07, a quick ratio of 1.88 and a debt-to-equity ratio of 0.87.

Packaging Corporation of America (NYSE:PKG) last released its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.23. The firm had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.45 billion. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.Packaging Corporation of America’s revenue was up 10.6% compared to the same quarter last year. During the same period last year, the business posted $2.31 earnings per share. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. Sell-side analysts anticipate that Packaging Corporation of America will post 10.81 earnings per share for the current fiscal year.

Packaging Corporation of America Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, June 15th will be issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 2.7%. This is a boost from Packaging Corporation of America’s previous quarterly dividend of $1.25. The ex-dividend date is Monday, June 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is 60.83%.

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.