Packaging Corporation of America (NYSE:PKG) Price Target Raised to $234.00 at Wells Fargo & Company

Packaging Corporation of America (NYSE:PKG) had its target price lifted by Wells Fargo & Company from $233.00 to $234.00 in a report released on Thursday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the industrial products company’s stock.

PKG has been the subject of several other reports. Citigroup dropped their price target on Packaging Corporation of America from $229.00 to $226.00 and set a “neutral” rating for the company in a research note on Tuesday, January 6th. 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. UBS Group raised their target price on shares of 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. JPMorgan Chase & Co. boosted their price target on shares of 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. Finally, Truist Financial raised their price objective on Packaging Corporation of America from $263.00 to $273.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $236.00.

Packaging Corporation of America Trading Up 1.3%

Shares of PKG stock opened at $220.45 on Thursday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16. The stock has a fifty day simple moving average of $208.84 and a two-hundred day simple moving average of $206.83. The firm has a market capitalization of $19.84 billion, a PE ratio of 25.72, a PEG ratio of 1.63 and a beta of 0.88. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $231.12.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings data 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). Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.18%. The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the firm earned $2.47 earnings per share. Packaging Corporation of America’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, 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 was paid on Wednesday, January 14th. Investors of record on Monday, December 15th were given a $1.25 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.00 annualized dividend and a yield of 2.3%. Packaging Corporation of America’s dividend payout ratio (DPR) is currently 50.56%.

Institutional Investors Weigh In On Packaging Corporation of America

Institutional investors have recently modified their holdings of the stock. Vise Technologies Inc. purchased a new position in Packaging Corporation of America in the second quarter valued at $1,306,000. Atlas FRM LLC raised its stake in Packaging Corporation of America by 59.7% in the 2nd quarter. Atlas FRM LLC now owns 535,000 shares of the industrial products company’s stock valued at $100,821,000 after purchasing an additional 200,000 shares during the last quarter. Carnegie Investment Counsel lifted its holdings in Packaging Corporation of America by 32.2% in the 3rd quarter. Carnegie Investment Counsel now owns 12,679 shares of the industrial products company’s stock valued at $2,763,000 after purchasing an additional 3,085 shares in the last quarter. Arvest Bank Trust Division acquired a new stake in Packaging Corporation of America during the 2nd quarter worth $892,000. Finally, Burney Co. grew its holdings in shares of Packaging Corporation of America by 349.3% during the third quarter. Burney Co. now owns 11,066 shares of the industrial products company’s stock worth $2,412,000 after buying an additional 8,603 shares in the last quarter. 89.78% of the stock is owned by institutional investors.

Trending Headlines about Packaging Corporation of America

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: Wells Fargo raised its price target from $233 to $234 and kept an “overweight” rating, signaling continued confidence in PKG’s outlook and providing upside support for the stock. Wells Fargo PT raise
• Positive Sentiment: Truist trimmed its target slightly (from $273 to $270) but maintained a “buy” rating — the high target and buy stance reinforce bullish analyst sentiment despite the small cut. Truist PT update
• Neutral Sentiment: Citigroup nudged its target from $226 to $227 and kept a “neutral” rating, a modest change that is unlikely to materially move the stock by itself but adds to the chorus of analyst attention. Citigroup PT update
• Neutral Sentiment: Investors can review the company’s Q4 2025 earnings call transcript for management commentary on volumes, margins, M&A impacts and guidance — useful for parsing near-term risks and catalysts. Earnings call transcript
• Negative Sentiment: Zacks reports PKG missed Q4 EPS estimates and logged revenue slightly below consensus; higher year-over-year sales were offset by lower volumes, margin pressure and acquisition-related headwinds — these operational issues explain downward pressure on near-term profitability. Earnings miss article

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.