Packaging Corporation of America (NYSE:PKG) Given Average Recommendation of “Moderate Buy” by Analysts

Packaging Corporation of America (NYSE:PKG) has been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $236.00.

A number of research analysts have weighed in on PKG shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Monday, December 29th. Wall Street Zen upgraded Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. UBS Group increased their price objective on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. JPMorgan Chase & Co. raised their price objective on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. Finally, Wells Fargo & Company boosted their target price on shares of Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a report on Thursday, January 29th.

Packaging Corporation of America Stock Up 0.4%

Shares of NYSE PKG opened at $246.00 on Friday. The firm has a fifty day simple moving average of $216.73 and a two-hundred day simple moving average of $209.28. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $249.51. The company has a current ratio of 3.16, a quick ratio of 2.00 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $22.14 billion, a PE ratio of 28.70, a price-to-earnings-growth ratio of 1.88 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share 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 company 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 firm posted $2.47 EPS. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Equities analysts expect that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 15th were issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, December 15th. Packaging Corporation of America’s dividend payout ratio is 58.34%.

Insider Buying and Selling at Packaging Corporation of America

In other news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the completion of the transaction, the president directly owned 197,062 shares in the company, valued at approximately $45,422,791. This trade represents a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Packaging Corporation of America

A number of institutional investors have recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new position in Packaging Corporation of America in the 3rd quarter worth approximately $485,000. Envestnet Asset Management Inc. lifted its holdings in shares of Packaging Corporation of America by 10.0% in the third quarter. Envestnet Asset Management Inc. now owns 220,499 shares of the industrial products company’s stock worth $48,053,000 after buying an additional 20,016 shares in the last quarter. Vise Technologies Inc. bought a new position in shares of Packaging Corporation of America during the second quarter worth $1,306,000. Atlas FRM LLC grew its stake in Packaging Corporation of America by 59.7% during the second quarter. Atlas FRM LLC now owns 535,000 shares of the industrial products company’s stock valued at $100,821,000 after acquiring an additional 200,000 shares in the last quarter. Finally, Carnegie Investment Counsel grew its stake in Packaging Corporation of America by 32.2% during the third quarter. Carnegie Investment Counsel now owns 12,679 shares of the industrial products company’s stock valued at $2,763,000 after acquiring an additional 3,085 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

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.