Packaging Corporation of America (NYSE:PKG) Given Average Rating of “Moderate Buy” by Analysts

Packaging Corporation of America (NYSE:PKG) has earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $241.8333.

PKG has been the subject of a number of research reports. UBS Group upgraded Packaging Corporation of America from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $232.00 to $248.00 in a research report on Wednesday, May 20th. Weiss Ratings lowered Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Citigroup decreased their price objective on Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft upgraded Packaging Corporation of America from a “hold” rating to a “buy” rating and raised their price objective for the stock from $225.00 to $256.00 in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their price objective on Packaging Corporation of America from $225.00 to $246.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th.

Packaging Corporation of America Trading Up 0.1%

Shares of NYSE PKG opened at $229.47 on Friday. Packaging Corporation of America has a one year low of $184.76 and a one year high of $249.51. The firm has a market capitalization of $20.45 billion, a PE ratio of 27.92, a PEG ratio of 2.07 and a beta of 0.81. The company has a current ratio of 3.07, a quick ratio of 1.88 and a debt-to-equity ratio of 0.87. The business has a 50-day moving average price of $217.72 and a two-hundred day moving average price of $217.33.

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

Packaging Corporation of America Increases Dividend

The firm also recently disclosed 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. This represents a $6.00 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, June 15th. This is a boost from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s dividend payout ratio is 72.99%.

Insider Activity

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

Institutional Investors Weigh In On Packaging Corporation of America

Institutional investors have recently made changes to their positions in the company. DV Equities LLC acquired a new stake in shares of Packaging Corporation of America during the 4th quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Packaging Corporation of America during the 3rd quarter valued at about $31,000. Covestor Ltd lifted its holdings in shares of Packaging Corporation of America by 140.0% during the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock valued at $32,000 after buying an additional 91 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in shares of Packaging Corporation of America by 94.1% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after buying an additional 80 shares during the last quarter. Finally, Navalign LLC acquired a new stake in shares of Packaging Corporation of America during the 4th quarter valued at about $36,000. 89.78% of the stock is currently owned by institutional investors and hedge funds.

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.