Capital Fund Management S.A. Takes Position in Packaging Corporation of America $PKG

Capital Fund Management S.A. acquired a new position in Packaging Corporation of America (NYSE:PKG) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 32,046 shares of the industrial products company’s stock, valued at approximately $6,039,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PKG. State Board of Administration of Florida Retirement System raised its holdings in shares of Packaging Corporation of America by 0.5% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 69,478 shares of the industrial products company’s stock valued at $13,093,000 after purchasing an additional 330 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Packaging Corporation of America by 1.7% during the second quarter. Quadrant Capital Group LLC now owns 8,910 shares of the industrial products company’s stock valued at $1,679,000 after buying an additional 150 shares during the period. Choreo LLC raised its stake in Packaging Corporation of America by 21.7% in the second quarter. Choreo LLC now owns 3,089 shares of the industrial products company’s stock worth $586,000 after buying an additional 551 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in Packaging Corporation of America by 19.2% in the second quarter. J.W. Cole Advisors Inc. now owns 1,959 shares of the industrial products company’s stock worth $369,000 after buying an additional 316 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in Packaging Corporation of America by 2.1% during the second quarter. Advisors Asset Management Inc. now owns 4,521 shares of the industrial products company’s stock worth $852,000 after buying an additional 91 shares during the period. 89.78% of the stock is currently owned by institutional investors.

Packaging Corporation of America Stock Performance

PKG opened at $204.07 on Monday. The company has a market cap of $18.36 billion, a P/E ratio of 20.63, a price-to-earnings-growth ratio of 1.44 and a beta of 0.92. 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 firm’s 50-day moving average price is $205.26 and its 200-day moving average price is $202.08. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $249.88.

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

Analyst Ratings Changes

PKG has been the topic of a number of analyst reports. UBS Group lifted their price target on Packaging Corporation of America from $225.00 to $230.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Wall Street Zen upgraded Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Truist Financial increased their price target on shares of Packaging Corporation of America from $262.00 to $264.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Citigroup raised their price target on shares of Packaging Corporation of America from $214.00 to $218.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Finally, Zacks Research lowered shares of Packaging Corporation of America from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Packaging Corporation of America currently has a consensus rating of “Moderate Buy” and a consensus price target of $230.17.

Insider Buying and Selling at Packaging Corporation of America

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

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.