AXQ Capital LP Makes New Investment in Packaging Corporation of America $PKG

AXQ Capital LP acquired a new stake in shares of Packaging Corporation of America (NYSE:PKG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,315 shares of the industrial products company’s stock, valued at approximately $813,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Clearstead Trust LLC lifted its holdings in Packaging Corporation of America by 118.6% in the first quarter. Clearstead Trust LLC now owns 129 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 70 shares during the period. Bruce G. Allen Investments LLC lifted its holdings in shares of Packaging Corporation of America by 72.2% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 136 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 57 shares during the period. TCTC Holdings LLC grew its stake in shares of Packaging Corporation of America by 86.4% during the 1st quarter. TCTC Holdings LLC now owns 151 shares of the industrial products company’s stock valued at $30,000 after buying an additional 70 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in Packaging Corporation of America during the second quarter worth about $33,000. Finally, Geneos Wealth Management Inc. lifted its position in Packaging Corporation of America by 40.4% during the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after buying an additional 57 shares in the last quarter. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Packaging Corporation of America Price Performance

PKG opened at $197.38 on Friday. The company has a 50-day moving average of $206.27 and a 200-day moving average of $201.41. The company has a market capitalization of $17.76 billion, a P/E ratio of 19.96, a PEG ratio of 1.44 and a beta of 0.92. Packaging Corporation of America has a 1-year low of $172.71 and a 1-year high of $250.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.32 and a current ratio of 3.54.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 EPS for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.29 billion. Packaging Corporation of America had a return on equity of 19.98% and a net margin of 10.18%.The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the business posted $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. Equities analysts expect that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Analysts Set New Price Targets

PKG has been the subject of several recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Wednesday. UBS Group increased their target price on Packaging Corporation of America from $225.00 to $230.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Zacks Research lowered Packaging Corporation of America from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Truist Financial upped their price target on Packaging Corporation of America from $262.00 to $264.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Finally, JPMorgan Chase & Co. started coverage on shares of Packaging Corporation of America in a research note on Wednesday, September 24th. They set an “overweight” rating and a $242.00 price objective on the stock. One 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. According to MarketBeat, Packaging Corporation of America currently has a consensus rating of “Moderate Buy” and a consensus target price of $230.17.

Insider Activity at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 25,000 shares of Packaging Corporation of America stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $215.97, for a total value of $5,399,250.00. Following the completion of the transaction, the chief executive officer directly owned 437,378 shares of the company’s stock, valued at approximately $94,460,526.66. The trade was a 5.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.50% of the company’s stock.

Packaging Corporation of America Profile

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.