Packaging Corporation of America $PKG Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its stake in Packaging Corporation of America (NYSE:PKG) by 119.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,863,359 shares of the industrial products company’s stock after purchasing an additional 1,015,894 shares during the period. Bank of New York Mellon Corp’s holdings in Packaging Corporation of America were worth $406,082,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in PKG. Valeo Financial Advisors LLC purchased a new stake in Packaging Corporation of America in the third quarter valued at approximately $234,000. Truist Financial Corp increased its position in shares of Packaging Corporation of America by 9.2% in the third quarter. Truist Financial Corp now owns 43,897 shares of the industrial products company’s stock valued at $9,567,000 after buying an additional 3,710 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in Packaging Corporation of America by 7.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 11,739 shares of the industrial products company’s stock valued at $2,559,000 after purchasing an additional 803 shares in the last quarter. CIBC Asset Management Inc raised its position in shares of Packaging Corporation of America by 2.9% during the 3rd quarter. CIBC Asset Management Inc now owns 14,804 shares of the industrial products company’s stock worth $3,226,000 after purchasing an additional 417 shares during the last quarter. Finally, UniSuper Management Pty Ltd lifted its stake in Packaging Corporation of America by 14.7% in the 3rd quarter. UniSuper Management Pty Ltd now owns 103,069 shares of the industrial products company’s stock valued at $22,462,000 after buying an additional 13,171 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Key Packaging Corporation of America News

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

Analyst Ratings Changes

Several brokerages have issued reports on PKG. Wells Fargo & Company lifted their target price on shares of Packaging Corporation of America from $233.00 to $234.00 and gave the stock an “overweight” rating in a research note on Thursday. Wall Street Zen upgraded shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. Citigroup increased their price objective on shares of Packaging Corporation of America from $226.00 to $227.00 and gave the stock a “neutral” rating in a research report on Thursday. UBS Group raised their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Packaging Corporation of America currently has an average rating of “Moderate Buy” and a consensus price target of $236.00.

Packaging Corporation of America Trading Up 1.3%

NYSE:PKG opened at $220.45 on Friday. Packaging Corporation of America has a 12-month low of $172.71 and a 12-month high of $231.12. The firm has a market cap of $19.84 billion, a PE ratio of 25.72, a price-to-earnings-growth ratio of 1.63 and a beta of 0.88. The company has a current ratio of 3.16, a quick ratio of 2.00 and a debt-to-equity ratio of 0.84. The stock has a fifty day moving average price of $208.84 and a 200 day moving average price of $206.83.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). The company had revenue of $2.36 billion during the quarter, compared to analyst estimates 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 for the quarter was up 10.1% on a year-over-year basis. During the same period in the prior year, the business earned $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 15th were paid a $1.25 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. Packaging Corporation of America’s payout ratio is currently 50.56%.

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.