Packaging Corporation of America $PKG Position Trimmed by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG trimmed its stake in Packaging Corporation of America (NYSE:PKGFree Report) by 53.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,104 shares of the industrial products company’s stock after selling 8,033 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Packaging Corporation of America were worth $1,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in PKG. Cornerstone Planning Group LLC increased its stake in Packaging Corporation of America by 105.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock valued at $25,000 after buying an additional 59 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of 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 buying an additional 57 shares during the period. NBT Bank N A NY acquired a new stake in shares of Packaging Corporation of America during the 3rd quarter valued at $41,000. Cary Street Partners Investment Advisory LLC grew its holdings in shares of Packaging Corporation of America by 40.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 57 shares in the last quarter. Finally, Global Wealth Strategies & Associates purchased a new position in shares of Packaging Corporation of America during the 3rd quarter valued at $44,000. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PKG has been the subject of several recent research reports. Truist Financial cut their price objective on 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. 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 note on Thursday, January 29th. JPMorgan Chase & Co. raised 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. Zacks Research upgraded Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. Finally, UBS Group boosted their price target 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. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Packaging Corporation of America presently has an average rating of “Moderate Buy” and an average price target of $236.00.

Read Our Latest Report on PKG

Insider Transactions at Packaging Corporation of America

In related news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction on 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 transaction, the president owned 197,062 shares in the company, valued at $45,422,791. This trade represents a 5.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.50% of the company’s stock.

Packaging Corporation of America Price Performance

Shares of NYSE:PKG opened at $221.36 on Wednesday. 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 of $226.00 and a two-hundred day moving average of $213.50. The stock has a market capitalization of $19.75 billion, a P/E ratio of 25.83, a P/E/G ratio of 1.72 and a beta of 0.88. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.17 and a quick ratio of 1.94.

Packaging Corporation of America (NYSE:PKGGet Free Report) 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). Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. The company had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the company posted $2.47 EPS. The business’s revenue 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. On average, equities research analysts predict that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be paid 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 2.3%. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 58.34%.

Packaging Corporation of America Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PKG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Packaging Corporation of America (NYSE:PKGFree Report).

Institutional Ownership by Quarter for Packaging Corporation of America (NYSE:PKG)

Receive News & Ratings for Packaging Corporation of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Packaging Corporation of America and related companies with MarketBeat.com's FREE daily email newsletter.