UBS Group Has Lowered Expectations for Packaging Corporation of America (NYSE:PKG) Stock Price

Packaging Corporation of America (NYSE:PKG) had its price target lowered by stock analysts at UBS Group from $235.00 to $225.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. UBS Group’s price objective suggests a potential upside of 9.01% from the stock’s current price.

Several other brokerages also recently issued reports on PKG. Truist Financial cut their price target 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. Argus raised shares of Packaging Corporation of America to a “strong-buy” rating in a report on Thursday, February 26th. Wells Fargo & Company cut their price target on shares of Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating for the company in a report on Tuesday, April 7th. Zacks Research raised shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Packaging Corporation of America in a report on Wednesday, April 1st. They set a “hold” rating and a $225.00 price target for the company. One 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $231.86.

Packaging Corporation of America Stock Performance

NYSE PKG opened at $206.40 on Friday. The company’s 50-day simple moving average is $222.86 and its 200 day simple moving average is $212.84. 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 stock has a market cap of $18.38 billion, a P/E ratio of 24.08, a PEG ratio of 1.86 and a beta of 0.90. Packaging Corporation of America has a twelve month low of $176.45 and a twelve month high of $249.51.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 EPS 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 net margin of 8.61% and a return on equity of 19.22%. Packaging Corporation of America’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the firm 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 forecast that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Packaging Corporation of America news, President Thomas A. Hassfurther sold 12,129 shares of the stock in a transaction dated 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 sale, the president owned 197,062 shares of the company’s stock, valued at $45,422,791. This represents a 5.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Packaging Corporation of America

A number of hedge funds have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. lifted its holdings in Packaging Corporation of America by 8.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 20,118 shares of the industrial products company’s stock worth $4,149,000 after buying an additional 1,549 shares in the last quarter. Rehmann Capital Advisory Group lifted its holdings in Packaging Corporation of America by 4.5% during the 4th quarter. Rehmann Capital Advisory Group now owns 1,539 shares of the industrial products company’s stock worth $318,000 after buying an additional 66 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Packaging Corporation of America by 7.1% during the 4th quarter. Pacer Advisors Inc. now owns 7,638 shares of the industrial products company’s stock worth $1,575,000 after buying an additional 508 shares in the last quarter. MV Capital Management Inc. acquired a new position in Packaging Corporation of America during the 4th quarter worth $2,364,000. Finally, T. Rowe Price Investment Management Inc. lifted its holdings in Packaging Corporation of America by 201.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 202,886 shares of the industrial products company’s stock worth $41,842,000 after buying an additional 135,650 shares in the last quarter. 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.