17,495 Shares in Packaging Corporation of America $PKG Acquired by ABN Amro Investment Solutions

ABN Amro Investment Solutions bought a new stake in Packaging Corporation of America (NYSE:PKG) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,495 shares of the industrial products company’s stock, valued at approximately $3,297,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Jacobs Levy Equity Management Inc. acquired a new stake in Packaging Corporation of America during the first quarter valued at approximately $2,127,000. Vise Technologies Inc. acquired a new position in shares of Packaging Corporation of America during the second quarter valued at $1,306,000. Commerce Bank grew its holdings in Packaging Corporation of America by 27.7% in the 1st quarter. Commerce Bank now owns 69,401 shares of the industrial products company’s stock worth $13,743,000 after buying an additional 15,041 shares in the last quarter. Spectrum Wealth Counsel LLC acquired a new position in Packaging Corporation of America during the 1st quarter worth $3,854,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Packaging Corporation of America by 46.5% in the first quarter. JPMorgan Chase & Co. now owns 3,038,859 shares of the industrial products company’s stock worth $601,755,000 after purchasing an additional 964,085 shares in the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

Insider Buying and Selling at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 25,000 shares of the business’s stock in a transaction on 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 completion of the sale, the chief executive officer owned 437,378 shares in the company, valued at $94,460,526.66. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is currently owned by insiders.

Packaging Corporation of America Stock Down 0.6%

Shares of PKG opened at $199.21 on Friday. The company has a quick ratio of 2.32, a current ratio of 3.54 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average price of $208.72 and a two-hundred day moving average price of $200.82. The stock has a market cap of $17.92 billion, a price-to-earnings ratio of 20.14, a P/E/G ratio of 1.44 and a beta of 0.92. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $250.82.

Packaging Corporation of America (NYSE:PKG) last released 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). The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.29 billion. Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.98%. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. Equities analysts predict that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, September 15th. Packaging Corporation of America’s payout ratio is presently 50.56%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Weiss Ratings upgraded Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, November 7th. JPMorgan Chase & Co. started coverage on Packaging Corporation of America in a research report on Wednesday, September 24th. They set an “overweight” rating and a $242.00 price target on the stock. Citigroup upped their target price on Packaging Corporation of America from $214.00 to $218.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Zacks Research cut Packaging Corporation of America from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Finally, Wall Street Zen lowered Packaging Corporation of America from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Packaging Corporation of America currently has an average rating of “Moderate Buy” and an average target price of $230.17.

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.