Deutsche Bank Aktiengesellschaft Initiates Coverage on Packaging Corporation of America (NYSE:PKG)

Research analysts at Deutsche Bank Aktiengesellschaft assumed coverage on shares of Packaging Corporation of America (NYSE:PKG) in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. The brokerage set a “hold” rating and a $225.00 price target on the industrial products company’s stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 9.93% from the company’s current price.

PKG has been the topic of several other research reports. Argus raised Packaging Corporation of America to a “strong-buy” rating in a report on Thursday, February 26th. UBS Group lifted their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. Zacks Research raised Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Wells Fargo & Company upped their price objective on Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. raised their target price on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Packaging Corporation of America presently has an average rating of “Moderate Buy” and an average target price of $234.43.

Packaging Corporation of America Stock Down 3.1%

PKG opened at $204.67 on Wednesday. The stock’s 50 day moving average price is $224.71 and its 200 day moving average price is $213.09. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.17 and a quick ratio of 1.94. The stock has a market cap of $18.22 billion, a P/E ratio of 23.88, a P/E/G ratio of 1.63 and a beta of 0.90. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $249.51.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings data 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). The company had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.43 billion. Packaging Corporation of America had a return on equity of 19.22% and a net margin of 8.61%.The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. As a group, research analysts predict that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Insider Buying and Selling at Packaging Corporation of America

In other news, President Thomas A. Hassfurther sold 12,129 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the completion of the sale, the president directly owned 197,062 shares of the company’s stock, valued at $45,422,791. This trade represents a 5.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Packaging Corporation of America

Hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC lifted its stake in Packaging Corporation of America by 73.5% during the first quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock valued at $585,000 after buying an additional 1,252 shares in the last quarter. Empowered Funds LLC grew its position in Packaging Corporation of America by 538.6% during the 1st quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock worth $1,248,000 after purchasing an additional 5,316 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Packaging Corporation of America by 40.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 57 shares during the period. Sivia Capital Partners LLC raised its stake 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 purchasing an additional 537 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of Packaging Corporation of America by 4.4% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,844 shares of the industrial products company’s stock valued at $348,000 after purchasing an additional 78 shares in the last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.

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.