Inspire Investing LLC Has $315,000 Position in Packaging Corporation of America $PKG

Inspire Investing LLC lifted its stake in shares of Packaging Corporation of America (NYSE:PKG) by 38.6% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,592 shares of the industrial products company’s stock after buying an additional 443 shares during the quarter. Inspire Investing LLC’s holdings in Packaging Corporation of America were worth $315,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Clearstead Trust LLC lifted its position in Packaging Corporation of America by 118.6% during the first quarter. Clearstead Trust LLC now owns 129 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 70 shares during the last quarter. TCTC Holdings LLC increased its stake in shares of Packaging Corporation of America by 86.4% during the first quarter. TCTC Holdings LLC now owns 151 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 70 shares during the period. Alpine Bank Wealth Management acquired a new stake in Packaging Corporation of America during the 1st quarter worth approximately $39,000. Geneos Wealth Management Inc. boosted its stake in Packaging Corporation of America by 40.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 57 shares during the period. Finally, 1 North Wealth Services LLC acquired a new position in Packaging Corporation of America in the 1st quarter valued at $40,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

Insider Activity

In related news, CEO Mark W. Kowlzan sold 25,000 shares of the company’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the sale, the chief executive officer owned 437,378 shares in the company, valued at $94,460,526.66. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by corporate insiders.

Packaging Corporation of America Stock Performance

Shares of Packaging Corporation of America stock opened at $212.00 on Thursday. The firm has a market capitalization of $19.08 billion, a P/E ratio of 21.16, a P/E/G ratio of 1.84 and a beta of 0.87. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $250.82. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.54 and a quick ratio of 2.32. The company’s 50 day moving average price is $205.47 and its two-hundred day moving average price is $196.73.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings results on Wednesday, July 23rd. The industrial products company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.44 by $0.04. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.18 billion. Packaging Corporation of America had a net margin of 10.47% and a return on equity of 20.08%. Packaging Corporation of America’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.20 earnings per share. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. On average, equities analysts forecast that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a $1.25 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. Packaging Corporation of America’s dividend payout ratio (DPR) is 49.90%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on PKG shares. Citigroup boosted their target price on shares of Packaging Corporation of America from $197.00 to $214.00 and gave the company a “neutral” rating in a research report on Friday, July 25th. Truist Financial boosted their price objective on shares of Packaging Corporation of America from $238.00 to $262.00 and gave the company a “buy” rating in a report on Wednesday. Jefferies Financial Group cut shares of Packaging Corporation of America from a “buy” rating to a “hold” rating and lowered their target price for the stock from $245.00 to $205.00 in a report on Monday, June 16th. Wells Fargo & Company boosted their price target on Packaging Corporation of America from $180.00 to $200.00 and gave the company an “equal weight” rating in a research note on Thursday, July 10th. Finally, UBS Group raised their price objective on Packaging Corporation of America from $210.00 to $220.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $220.20.

About Packaging Corporation of America

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.