Burney Co. Has $2.41 Million Holdings in Packaging Corporation of America $PKG

Burney Co. grew its position in Packaging Corporation of America (NYSE:PKG) by 349.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,066 shares of the industrial products company’s stock after purchasing an additional 8,603 shares during the quarter. Burney Co.’s holdings in Packaging Corporation of America were worth $2,412,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. World Investment Advisors grew its holdings in Packaging Corporation of America by 4.1% in the 3rd quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock valued at $279,000 after buying an additional 50 shares in the last quarter. Advyzon Investment Management LLC boosted its position in shares of Packaging Corporation of America by 3.3% in the second quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock valued at $303,000 after acquiring an additional 52 shares during the period. Forza Wealth Management LLC grew its stake in shares of Packaging Corporation of America by 2.8% in the second quarter. Forza Wealth Management LLC now owns 2,076 shares of the industrial products company’s stock valued at $391,000 after acquiring an additional 56 shares in the last quarter. Bruce G. Allen Investments LLC increased its position in Packaging Corporation of America by 72.2% during the second 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. Finally, Geneos Wealth Management Inc. raised 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 worth $39,000 after purchasing an additional 57 shares in the last quarter. 89.78% of the stock is owned by institutional investors and hedge funds.

Packaging Corporation of America Trading Up 0.8%

Shares of PKG opened at $208.97 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $242.68. The firm has a market cap of $18.80 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 1.53 and a beta of 0.89. The business’s fifty day moving average is $201.33 and its 200-day moving average is $203.27.

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). Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period last year, the business earned $2.65 earnings per share. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. Equities analysts anticipate that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

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

Analyst Ratings Changes

PKG has been the topic of a number of analyst reports. Zacks Research lowered shares of Packaging Corporation of America from a “hold” rating to a “strong sell” rating in a research report on Monday, December 8th. Wall Street Zen downgraded Packaging Corporation of America from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Citigroup lifted their price objective on Packaging Corporation of America from $214.00 to $218.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Monday, December 22nd. Finally, UBS Group boosted their price target 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. 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 issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $230.67.

Packaging Corporation of America Profile

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.