Concurrent Investment Advisors LLC Has $1.19 Million Stock Position in Packaging Corporation of America $PKG

Concurrent Investment Advisors LLC lifted its position in shares of Packaging Corporation of America (NYSE:PKG) by 74.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,478 shares of the industrial products company’s stock after acquiring an additional 2,333 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Packaging Corporation of America were worth $1,194,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in PKG. Norges Bank acquired a new position in Packaging Corporation of America during the 2nd quarter valued at about $225,478,000. American Century Companies Inc. grew its holdings in Packaging Corporation of America by 70.6% during the 2nd quarter. American Century Companies Inc. now owns 1,860,113 shares of the industrial products company’s stock worth $350,539,000 after acquiring an additional 769,806 shares during the period. AQR Capital Management LLC grew its holdings in Packaging Corporation of America by 56.4% during the 2nd quarter. AQR Capital Management LLC now owns 888,362 shares of the industrial products company’s stock worth $167,412,000 after acquiring an additional 320,418 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Packaging Corporation of America by 377.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 262,203 shares of the industrial products company’s stock valued at $49,412,000 after acquiring an additional 207,244 shares during the last quarter. Finally, Atlas FRM LLC lifted its stake in shares of Packaging Corporation of America by 59.7% in the 2nd quarter. Atlas FRM LLC now owns 535,000 shares of the industrial products company’s stock valued at $100,821,000 after purchasing an additional 200,000 shares during the period. Institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Price Performance

NYSE PKG opened at $221.75 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. The stock has a market cap of $19.95 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 1.68 and a beta of 0.88. The business has a 50 day simple moving average of $204.73 and a 200 day simple moving average of $205.77. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $242.68.

Packaging Corporation of America (NYSE:PKG) last released its quarterly 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 net margin of 10.18% and a return on equity of 19.72%. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same quarter last year, the company earned $2.65 EPS. The firm’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. Analysts anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 15th were issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Monday, December 15th. Packaging Corporation of America’s dividend payout ratio is 50.56%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Truist Financial lifted their price objective on Packaging Corporation of America from $263.00 to $273.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Packaging Corporation of America in a research report on Monday, December 29th. UBS Group upped their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Wells Fargo & Company raised shares of Packaging Corporation of America from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $222.00 to $233.00 in a research note on Tuesday, January 6th. Finally, Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $236.17.

Key Packaging Corporation of America News

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: Zacks raised a few quarterly estimates — Q1 2026 to $2.38 from $2.34, Q3 2026 to $3.35 from $3.34, and Q3 2027 to $3.54 from $3.52 — signaling modest upside to some near-term quarters. Zacks Research note
• Neutral Sentiment: Zacks left its rating at “Hold” and the consensus for the current full year remains ~ $10.44 EPS; overall revisions are small in magnitude, so the market reaction is muted (volume below average). This suggests limited catalyst from the note unless guidance or macro factors change. Zacks Research note
• Negative Sentiment: Zacks trimmed several estimates — Q2 2026 to $2.57 (from $2.67), Q1 2027 to $2.61 (from $2.63), Q2 2027 to $2.91 (from $2.94), Q4 2026 to $2.85 (from $2.86), FY2026 to $11.14 (from $11.22) and FY2027 to $12.26 (from $12.29). These downgrades slightly reduce multi-year EPS expectations and are the main reason investor sentiment is cautious. Zacks Research note

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.