Packaging Corporation of America $PKG Holdings Raised by Machina Capital S.A.S.

Machina Capital S.A.S. raised its stake in shares of Packaging Corporation of America (NYSE:PKG) by 79.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,253 shares of the industrial products company’s stock after buying an additional 4,083 shares during the period. Machina Capital S.A.S.’s holdings in Packaging Corporation of America were worth $2,017,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vise Technologies Inc. acquired a new stake in shares of Packaging Corporation of America during the 2nd quarter worth approximately $1,306,000. Atlas FRM LLC boosted its stake in Packaging Corporation of America by 59.7% in the second quarter. Atlas FRM LLC now owns 535,000 shares of the industrial products company’s stock valued at $100,821,000 after acquiring an additional 200,000 shares during the last quarter. Carnegie Investment Counsel grew its holdings in Packaging Corporation of America by 32.2% during the 3rd quarter. Carnegie Investment Counsel now owns 12,679 shares of the industrial products company’s stock worth $2,763,000 after acquiring an additional 3,085 shares during the period. Bank of New York Mellon Corp raised its position in shares of Packaging Corporation of America by 119.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,863,359 shares of the industrial products company’s stock valued at $406,082,000 after acquiring an additional 1,015,894 shares during the last quarter. Finally, National Pension Service raised its position in shares of Packaging Corporation of America by 25.1% during the 3rd quarter. National Pension Service now owns 46,998 shares of the industrial products company’s stock valued at $10,242,000 after acquiring an additional 9,444 shares during the last quarter. 89.78% of the stock is currently owned by institutional investors.

Packaging Corporation of America Trading Up 3.5%

NYSE:PKG opened at $232.38 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 3.16 and a quick ratio of 2.00. The business’s 50-day simple moving average is $210.92 and its 200-day simple moving average is $207.54. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $234.20. The stock has a market capitalization of $20.91 billion, a PE ratio of 27.12, a price-to-earnings-growth ratio of 1.72 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last posted its 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). Packaging Corporation of America had a return on equity of 19.18% and a net margin of 8.61%.The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the company posted $2.47 earnings per share. Packaging Corporation of America’s revenue for the quarter was up 10.1% compared to the same quarter last year. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Sell-side analysts expect 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. Shareholders of record on Monday, December 15th were paid a $1.25 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. Packaging Corporation of America’s dividend payout ratio (DPR) is currently 58.34%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on PKG shares. Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of Packaging Corporation of America in a research report on Monday, December 29th. Truist Financial lowered 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 note on Thursday, January 29th. Citigroup lifted 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 note on Thursday, January 29th. Finally, JPMorgan Chase & Co. upped their target price on shares of Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research note on Friday, December 5th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $236.00.

Packaging Corporation of America 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.