2,631 Shares in Packaging Corporation of America $PKG Acquired by Perpetual Ltd

Perpetual Ltd bought a new stake in Packaging Corporation of America (NYSE:PKG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,631 shares of the industrial products company’s stock, valued at approximately $543,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dorato Capital Management bought a new position in Packaging Corporation of America during the 4th quarter worth approximately $568,000. Ellsworth Advisors LLC boosted its stake in shares of Packaging Corporation of America by 5.5% in the 4th quarter. Ellsworth Advisors LLC now owns 33,057 shares of the industrial products company’s stock valued at $7,337,000 after purchasing an additional 1,718 shares during the last quarter. Linden Thomas Advisory Services LLC increased its position in shares of Packaging Corporation of America by 3.0% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 7,617 shares of the industrial products company’s stock worth $1,571,000 after buying an additional 223 shares during the period. Bank Pictet & Cie Europe AG increased its position in shares of Packaging Corporation of America by 3.5% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,072 shares of the industrial products company’s stock worth $427,000 after buying an additional 70 shares during the period. Finally, Tema Etfs LLC bought a new position in Packaging Corporation of America during the fourth quarter worth $167,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Price Performance

Shares of NYSE:PKG opened at $204.67 on Monday. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $249.51. The stock’s 50 day moving average is $224.29 and its 200-day moving average is $213.06. The company has a quick ratio of 1.94, a current ratio of 3.17 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $18.22 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 1.53 and a beta of 0.90.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) 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 business had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same period in the previous year, the business posted $2.47 EPS. The business’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. Sell-side analysts forecast that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. Packaging Corporation of America’s payout ratio is presently 58.34%.

Analyst Ratings Changes

A number of analysts have commented on PKG shares. Wells Fargo & Company upped their price target on shares of Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Argus raised Packaging Corporation of America to a “strong-buy” rating in a research report on Thursday, February 26th. UBS Group boosted their price objective 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. Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Packaging Corporation of America in a report on Wednesday, April 1st. They issued a “hold” rating and a $225.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Packaging Corporation of America currently has an average rating of “Moderate Buy” and a consensus target price of $234.43.

Insider Activity at Packaging Corporation of America

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

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.