Packaging Corporation of America (NYSE:PKG) Given Consensus Rating of “Moderate Buy” by Analysts

Packaging Corporation of America (NYSE:PKG) has earned an average recommendation of “Moderate Buy” from the ten brokerages that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $234.4286.

A number of research analysts recently issued reports on PKG shares. Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. Citigroup upped their price target on shares of Packaging Corporation of America from $226.00 to $227.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Wall Street Zen raised shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Wells Fargo & Company lifted their price target on shares of Packaging Corporation of America from $233.00 to $234.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Finally, UBS Group boosted their price objective on shares of Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th.

Packaging Corporation of America Trading Up 0.1%

Shares of PKG stock opened at $204.67 on Friday. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $249.51. The stock’s fifty day simple moving average is $224.29 and its 200 day simple moving average is $213.05. 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 P/E ratio of 23.88, a P/E/G ratio of 1.53 and a beta of 0.90.

Packaging Corporation of America (NYSE:PKG) last posted its 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 firm had revenue of $2.36 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.47 earnings per share. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. As a group, sell-side analysts predict that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, March 13th. Packaging Corporation of America’s payout ratio is 58.34%.

Insider Activity at Packaging Corporation of America

In other news, President Thomas A. Hassfurther sold 12,129 shares of the 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 completion of the sale, the president owned 197,062 shares of the company’s stock, valued at approximately $45,422,791. This represents a 5.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Packaging Corporation of America

A number of hedge funds and other institutional investors have recently made changes to their positions in PKG. Integrated Wealth Concepts LLC raised its holdings in Packaging Corporation of America by 73.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock worth $585,000 after purchasing an additional 1,252 shares during the last quarter. Empowered Funds LLC boosted its stake in shares of Packaging Corporation of America by 538.6% in the 1st quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock valued at $1,248,000 after purchasing an additional 5,316 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Packaging Corporation of America by 40.4% in 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 last quarter. Sivia Capital Partners LLC increased its position in shares of Packaging Corporation of America by 43.6% during the second quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock worth $334,000 after buying an additional 537 shares during the period. Finally, CW Advisors LLC increased its position in shares of Packaging Corporation of America by 33.9% during the second quarter. CW Advisors LLC now owns 5,280 shares of the industrial products company’s stock worth $995,000 after buying an additional 1,336 shares during the period. 89.78% of the stock is owned by institutional investors and hedge funds.

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.