Dimensional Fund Advisors LP Acquires 7,917 Shares of Packaging Corporation of America $PKG

Dimensional Fund Advisors LP boosted its holdings in shares of Packaging Corporation of America (NYSE:PKG) by 0.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,267,049 shares of the industrial products company’s stock after acquiring an additional 7,917 shares during the period. Dimensional Fund Advisors LP owned 1.41% of Packaging Corporation of America worth $276,106,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in PKG. Cornerstone Planning Group LLC grew its stake in shares of Packaging Corporation of America by 105.4% during the third quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 59 shares during the period. NBT Bank N A NY bought a new stake in Packaging Corporation of America in the third quarter valued at about $41,000. Cary Street Partners Investment Advisory LLC lifted its stake in Packaging Corporation of America by 40.7% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company’s stock valued at $43,000 after buying an additional 57 shares during the period. Geneos Wealth Management Inc. lifted its stake in Packaging Corporation of America by 40.4% in the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after buying an additional 57 shares during the period. Finally, Global Wealth Strategies & Associates bought a new position in Packaging Corporation of America during the third quarter worth about $44,000. Institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Stock Down 1.7%

Packaging Corporation of America stock opened at $222.45 on Friday. The stock has a market capitalization of $19.84 billion, a PE ratio of 25.96, a price-to-earnings-growth ratio of 1.74 and a beta of 0.88. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $249.51. 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 company has a 50 day moving average of $225.46 and a 200-day moving average of $213.14.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $2.32 EPS for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). The company had revenue of $2.36 billion for 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 company’s revenue was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.47 earnings per share. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. On average, equities research analysts anticipate that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. Packaging Corporation of America’s dividend payout ratio (DPR) is currently 58.34%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Truist Financial decreased their target price on Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Weiss Ratings lowered shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 27th. JPMorgan Chase & Co. boosted their price objective on shares of Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a report on Friday, December 5th. Finally, Wall Street Zen upgraded shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $236.00.

Insider Activity

In other news, President Thomas A. Hassfurther sold 12,129 shares of the business’s stock in a transaction dated 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.50% of the stock is owned by corporate insiders.

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.