Cwm LLC Buys 16,662 Shares of Packaging Corporation of America $PKG

Cwm LLC increased its stake in shares of Packaging Corporation of America (NYSE:PKG) by 118.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,720 shares of the industrial products company’s stock after purchasing an additional 16,662 shares during the period. Cwm LLC’s holdings in Packaging Corporation of America were worth $6,695,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Independent Wealth Network Inc. bought a new stake in Packaging Corporation of America in the 3rd quarter worth approximately $680,000. Jeppson Wealth Management LLC purchased a new position in shares of Packaging Corporation of America in the 3rd quarter worth $213,000. World Investment Advisors grew its holdings in shares of Packaging Corporation of America by 4.1% in the third quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock worth $279,000 after acquiring an additional 50 shares during the period. Southland Equity Partners LLC bought a new stake in shares of Packaging Corporation of America in the third quarter worth $206,000. Finally, Welch Group LLC purchased a new stake in Packaging Corporation of America during the third quarter valued at $211,000. Institutional investors own 89.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Wells Fargo & Company upped their price target on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 7th. Zacks Research lowered shares of Packaging Corporation of America from a “hold” rating to a “strong sell” rating in a research report on Monday, December 8th. Truist Financial upped their target price on shares of Packaging Corporation of America from $262.00 to $264.00 and gave the company a “buy” rating in a report on Monday, October 13th. Citigroup increased their price target on shares of Packaging Corporation of America from $214.00 to $218.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Finally, Wall Street Zen cut shares of Packaging Corporation of America from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $230.67.

Packaging Corporation of America Trading Down 0.2%

Packaging Corporation of America stock opened at $208.30 on Wednesday. Packaging Corporation of America has a 12-month low of $172.71 and a 12-month high of $242.68. The firm has a market capitalization of $18.74 billion, a price-to-earnings ratio of 21.06, a P/E/G ratio of 1.53 and a beta of 0.89. The firm has a 50 day moving average of $201.39 and a 200 day moving average of $203.59. The company has a current ratio of 3.16, a quick ratio of 2.00 and a debt-to-equity ratio of 0.84.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.29 billion. Packaging Corporation of America had a return on equity of 19.72% and a net margin of 10.18%.The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. As a group, research analysts predict that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 15th will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, December 15th. Packaging Corporation of America’s dividend payout ratio is presently 50.56%.

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.