Packaging Corporation of America $PKG Shares Purchased by Barclays PLC

Barclays PLC increased its position in shares of Packaging Corporation of America (NYSE:PKG) by 9.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 391,304 shares of the industrial products company’s stock after purchasing an additional 34,466 shares during the period. Barclays PLC owned 0.43% of Packaging Corporation of America worth $85,277,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Crossmark Global Holdings Inc. increased its position in shares of Packaging Corporation of America by 22.7% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,965 shares of the industrial products company’s stock worth $864,000 after purchasing an additional 734 shares during the last quarter. Orion Porfolio Solutions LLC lifted its position in Packaging Corporation of America by 9.3% in the third quarter. Orion Porfolio Solutions LLC now owns 4,237 shares of the industrial products company’s stock valued at $924,000 after buying an additional 359 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Packaging Corporation of America by 0.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,267,049 shares of the industrial products company’s stock valued at $276,106,000 after buying an additional 7,917 shares during the last quarter. Cresset Asset Management LLC boosted its stake in Packaging Corporation of America by 136.3% during the third quarter. Cresset Asset Management LLC now owns 4,188 shares of the industrial products company’s stock worth $918,000 after buying an additional 2,416 shares during the period. Finally, Victory Capital Management Inc. increased its position in shares of Packaging Corporation of America by 21.2% during the third quarter. Victory Capital Management Inc. now owns 1,788,060 shares of the industrial products company’s stock valued at $389,672,000 after acquiring an additional 312,226 shares during the last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related 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 stock was sold at an average price of $230.50, for a total value of $2,795,734.50. Following the sale, the president directly owned 197,062 shares in the company, valued at $45,422,791. The trade was a 5.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Wells Fargo & Company lifted 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. Citigroup boosted their target price on Packaging Corporation of America from $226.00 to $227.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. upped their price target on Packaging Corporation of America from $238.00 to $245.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. Finally, UBS Group raised their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Packaging Corporation of America presently has a consensus rating of “Moderate Buy” and an average price target of $236.00.

Packaging Corporation of America Price Performance

PKG stock opened at $222.45 on Monday. The stock has a market cap of $19.85 billion, a price-to-earnings ratio of 25.96, a PEG ratio of 1.71 and a beta of 0.88. The company has a quick ratio of 1.94, a current ratio of 3.17 and a debt-to-equity ratio of 0.86. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $249.51. The business has a 50 day moving average price of $225.46 and a 200 day moving average price of $213.35.

Packaging Corporation of America (NYSE:PKG) last posted its earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share for the quarter, missing the consensus estimate of $2.41 by ($0.09). Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. The firm had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same period in the previous year, the firm posted $2.47 earnings per share. The firm’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 research 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 disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be given a $1.25 dividend. The ex-dividend date is Friday, March 13th. This represents a $5.00 dividend on an annualized basis and a yield of 2.2%. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 58.34%.

Packaging Corporation of America Company 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.