Ashton Thomas Private Wealth LLC Makes New Investment in Packaging Corporation of America $PKG

Ashton Thomas Private Wealth LLC bought a new stake in Packaging Corporation of America (NYSE:PKG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,215 shares of the industrial products company’s stock, valued at approximately $485,000.

Other hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its holdings in Packaging Corporation of America by 73.5% in the first quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock worth $585,000 after purchasing an additional 1,252 shares in the last quarter. Empowered Funds LLC grew its position in shares of Packaging Corporation of America by 538.6% in the 1st quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock worth $1,248,000 after buying an additional 5,316 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of 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 acquiring an additional 57 shares in the last quarter. Sivia Capital Partners LLC lifted its position in Packaging Corporation of America by 43.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock valued at $334,000 after acquiring an additional 537 shares during the period. Finally, DAVENPORT & Co LLC boosted its stake in Packaging Corporation of America by 5.2% during the second quarter. DAVENPORT & Co LLC now owns 2,606 shares of the industrial products company’s stock worth $491,000 after acquiring an additional 128 shares in the last quarter. 89.78% of the stock is currently owned by institutional investors.

Packaging Corporation of America Stock Performance

Shares of PKG opened at $238.95 on Monday. The company has a market cap of $21.50 billion, a price-to-earnings ratio of 27.88, a P/E/G ratio of 1.83 and a beta of 0.88. The business’s fifty day simple moving average is $212.18 and its two-hundred day simple moving average is $208.00. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $239.75. The company has a current ratio of 3.16, a quick ratio of 2.00 and a debt-to-equity ratio of 0.84.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.18%. The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the company earned $2.47 earnings per share. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Research analysts anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders 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 dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, December 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 58.34%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on PKG shares. Truist Financial lowered their target price on shares of Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Zacks Research upgraded Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Wells Fargo & Company boosted their target price on Packaging Corporation of America from $233.00 to $234.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. UBS Group raised their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Finally, Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $236.00.

About Packaging Corporation of America

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.