Ashton Thomas Private Wealth LLC Makes New Investment in Packaging Corporation of America $PKG

Ashton Thomas Private Wealth LLC purchased a new stake in shares of Packaging Corporation of America (NYSE:PKG) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,215 shares of the industrial products company’s stock, valued at approximately $485,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. World Investment Advisors increased its position in Packaging Corporation of America by 4.1% during the third quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock valued at $279,000 after acquiring an additional 50 shares during the last quarter. Advyzon Investment Management LLC grew its stake in shares of Packaging Corporation of America by 3.3% during the 2nd quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock valued at $303,000 after purchasing an additional 52 shares during the period. Argent Advisors Inc. increased its position in shares of Packaging Corporation of America by 1.9% during the 3rd quarter. Argent Advisors Inc. now owns 2,852 shares of the industrial products company’s stock valued at $622,000 after purchasing an additional 52 shares during the last quarter. Eastern Bank lifted its stake in shares of Packaging Corporation of America by 11.0% in the 3rd quarter. Eastern Bank now owns 555 shares of the industrial products company’s stock worth $121,000 after purchasing an additional 55 shares during the period. Finally, Geneos Wealth Management Inc. lifted 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 worth $39,000 after purchasing an additional 57 shares during the period. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on PKG shares. Zacks Research raised shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. 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 research report on Friday, December 5th. Citigroup raised their target price on Packaging Corporation of America from $226.00 to $227.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Wells Fargo & Company boosted their price target on Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, Truist Financial reduced their price target 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. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Packaging Corporation of America currently has a consensus rating of “Moderate Buy” and an average target price of $236.00.

Packaging Corporation of America Trading Up 3.0%

Shares of Packaging Corporation of America stock opened at $238.95 on Monday. The company has a market capitalization of $21.50 billion, a P/E ratio of 27.88, a P/E/G ratio of 1.83 and a beta of 0.88. 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 company has a fifty day moving average of $212.18 and a 200 day moving average of $208.00. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $239.75.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings results 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 business had revenue of $2.36 billion for 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 19.18%. Packaging Corporation of America’s revenue was up 10.1% compared to the same quarter last year. During the same period in the prior 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, sell-side analysts anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 15th were issued a $1.25 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.00 dividend on an annualized basis and a yield of 2.1%. Packaging Corporation of America’s payout ratio is currently 58.34%.

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.