Fjarde AP Fonden Fourth Swedish National Pension Fund Makes New $2.05 Million Investment in Packaging Corporation of America $PKG

Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new stake in shares of Packaging Corporation of America (NYSE:PKG) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 9,650 shares of the industrial products company’s stock, valued at approximately $2,048,000.

Other hedge funds have also modified their holdings of the company. Fideuram Intesa Sanpaolo Private Banking S.P.A. boosted its holdings in Packaging Corporation of America by 78.2% in the 1st quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 5,126 shares of the industrial products company’s stock worth $1,088,000 after buying an additional 2,249 shares during the period. Strs Ohio grew its position in shares of Packaging Corporation of America by 36.2% during the first quarter. Strs Ohio now owns 90,312 shares of the industrial products company’s stock worth $19,166,000 after purchasing an additional 23,996 shares in the last quarter. Boston Trust Walden Corp raised its stake in Packaging Corporation of America by 19.0% during the 1st quarter. Boston Trust Walden Corp now owns 41,883 shares of the industrial products company’s stock valued at $8,888,000 after purchasing an additional 6,689 shares during the period. Root Financial Partners LLC raised its stake in Packaging Corporation of America by 28.4% during the 1st quarter. Root Financial Partners LLC now owns 276 shares of the industrial products company’s stock valued at $59,000 after purchasing an additional 61 shares during the period. Finally, Petros Family Wealth LLC purchased a new position in Packaging Corporation of America in the 1st quarter worth approximately $355,000. 89.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Citigroup cut 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 report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and upped their target price for the stock from $225.00 to $256.00 in a research report on Monday, May 4th. UBS Group upgraded shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and lifted their price target for the company from $232.00 to $248.00 in a report on Wednesday, May 20th. Truist Financial restated a “buy” rating and set a $258.00 price objective (down from $260.00) on shares of Packaging Corporation of America in a research report on Monday, April 27th. Finally, JPMorgan Chase & Co. raised their price target on Packaging Corporation of America from $225.00 to $246.00 and gave the company an “overweight” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Packaging Corporation of America has a consensus rating of “Moderate Buy” and a consensus price target of $241.83.

Insider Buying and Selling at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total value of $2,011,463.28. Following the sale, the chief executive officer owned 473,610 shares of the company’s stock, valued at approximately $102,811,258.80. This represents a 1.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.60% of the company’s stock.

Packaging Corporation of America Stock Down 0.8%

Shares of NYSE:PKG opened at $236.21 on Tuesday. Packaging Corporation of America has a 12 month low of $189.03 and a 12 month high of $249.51. 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 company has a 50-day moving average price of $224.24 and a 200 day moving average price of $220.46. The company has a market cap of $21.05 billion, a price-to-earnings ratio of 28.74, a PEG ratio of 2.23 and a beta of 0.80.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.23. The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.45 billion. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the company earned $2.31 EPS. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. As a group, equities research analysts predict that Packaging Corporation of America will post 10.45 earnings per share for the current year.

Packaging Corporation of America Increases Dividend

The company 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 2.5%. This is a positive change from Packaging Corporation of America’s previous quarterly dividend of $1.25. The ex-dividend date is Monday, June 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 72.99%.

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.