Packaging Corporation of America $PKG Holdings Boosted by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC boosted its position in shares of Packaging Corporation of America (NYSE:PKG) by 6.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 62,177 shares of the industrial products company’s stock after purchasing an additional 3,624 shares during the period. Brandywine Global Investment Management LLC’s holdings in Packaging Corporation of America were worth $12,823,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in shares of Packaging Corporation of America by 7.5% during the 4th quarter. JPMorgan Chase & Co. now owns 3,316,670 shares of the industrial products company’s stock valued at $683,997,000 after buying an additional 231,474 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Packaging Corporation of America during the 4th quarter valued at $81,000. Havemeyer Place LP acquired a new stake in shares of Packaging Corporation of America during the 4th quarter valued at $509,000. MCF Advisors LLC boosted its stake in shares of Packaging Corporation of America by 26.7% during the 4th quarter. MCF Advisors LLC now owns 455 shares of the industrial products company’s stock valued at $94,000 after buying an additional 96 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Packaging Corporation of America by 23.0% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 5,248 shares of the industrial products company’s stock valued at $1,082,000 after buying an additional 983 shares during the period. Institutional investors and hedge funds own 89.78% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PKG shares. Argus raised shares of Packaging Corporation of America to a “strong-buy” rating in a research note on Thursday, February 26th. Weiss Ratings lowered shares of Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. Wells Fargo & Company reduced their price objective on shares of Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating for the company in a research note on Tuesday, April 7th. UBS Group raised shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $232.00 to $248.00 in a research note on Wednesday, May 20th. Finally, Citigroup reduced their price objective on shares of Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $236.57.

Packaging Corporation of America Stock Down 1.5%

Packaging Corporation of America stock opened at $219.49 on Tuesday. The firm has a market cap of $19.56 billion, a price-to-earnings ratio of 26.70, a P/E/G ratio of 2.01 and a beta of 0.81. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.07 and a quick ratio of 1.88. Packaging Corporation of America has a fifty-two week low of $184.76 and a fifty-two week high of $249.51. The firm has a fifty day moving average price of $214.69 and a two-hundred day moving average price of $215.77.

Packaging Corporation of America (NYSE:PKG) last released its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.17 by $0.23. The firm had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.45 billion. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.27%. The business’s revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.31 EPS. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. As a group, analysts forecast that Packaging Corporation of America will post 10.8 earnings per share for the current year.

Packaging Corporation of America Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th will be given a dividend of $1.50 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $6.00 dividend on an annualized basis and a yield of 2.7%. This is a positive change from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 60.83%.

Insiders Place Their Bets

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 9,266 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total transaction of $2,011,463.28. Following the completion of the transaction, the chief executive officer owned 473,610 shares of the company’s stock, valued at $102,811,258.80. The trade was a 1.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.60% of the stock is currently owned by corporate insiders.

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.