FORA Capital LLC Increases Stock Holdings in Packaging Corporation of America $PKG

FORA Capital LLC increased its stake in shares of Packaging Corporation of America (NYSE:PKG) by 23.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,887 shares of the industrial products company’s stock after buying an additional 2,824 shares during the quarter. FORA Capital LLC’s holdings in Packaging Corporation of America were worth $2,805,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Tower Research Capital LLC TRC grew its stake in shares of Packaging Corporation of America by 27.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,652 shares of the industrial products company’s stock worth $1,065,000 after acquiring an additional 1,225 shares in the last quarter. Captrust Financial Advisors boosted its holdings in Packaging Corporation of America by 8.9% during the second quarter. Captrust Financial Advisors now owns 20,297 shares of the industrial products company’s stock worth $3,825,000 after purchasing an additional 1,665 shares during the last quarter. Vident Advisory LLC grew its position in Packaging Corporation of America by 2.0% in the 2nd quarter. Vident Advisory LLC now owns 4,942 shares of the industrial products company’s stock worth $931,000 after purchasing an additional 97 shares in the last quarter. Voleon Capital Management LP increased its stake in Packaging Corporation of America by 66.9% in the 2nd quarter. Voleon Capital Management LP now owns 20,153 shares of the industrial products company’s stock valued at $3,798,000 after buying an additional 8,075 shares during the last quarter. Finally, Two Sigma Securities LLC lifted its position in shares of Packaging Corporation of America by 191.5% during the 2nd quarter. Two Sigma Securities LLC now owns 5,421 shares of the industrial products company’s stock worth $1,022,000 after buying an additional 3,561 shares in the last quarter. 89.78% of the stock is currently owned by institutional investors.

Packaging Corporation of America Trading Down 0.3%

Shares of PKG opened at $204.76 on Friday. The firm has a market cap of $18.42 billion, a P/E ratio of 20.70, a price-to-earnings-growth ratio of 1.50 and a beta of 0.89. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $242.68. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16. The business has a 50-day moving average of $202.08 and a 200 day moving average of $202.49.

Packaging Corporation of America (NYSE:PKG) last posted 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). The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Packaging Corporation of America had a return on equity of 19.72% and a net margin of 10.18%.Packaging Corporation of America’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.65 EPS. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. As a group, research analysts forecast that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 15th will be issued a dividend of $1.25 per share. The ex-dividend date of this dividend is Monday, December 15th. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. Packaging Corporation of America’s dividend payout ratio is 50.56%.

Analyst Ratings Changes

Several research firms have recently issued reports on PKG. UBS Group upped their target price 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. Weiss Ratings restated a “buy (b-)” rating on shares of Packaging Corporation of America in a research note on Monday, December 8th. Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Truist Financial boosted their price target on shares of 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, Wells Fargo & Company raised their price objective on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Packaging Corporation of America presently has an average rating of “Hold” and a consensus price target of $230.67.

Packaging Corporation of America Company 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.