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

Packaging Corporation of America (NYSE:PKG) has received an average rating of “Moderate Buy” from the nine ratings firms that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $253.00.

Several analysts recently commented on the stock. UBS Group raised shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $232.00 to $248.00 in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft raised shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and increased their price target for the company from $225.00 to $256.00 in a report on Monday, May 4th. Citigroup raised their price objective on shares of Packaging Corporation of America from $229.00 to $241.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Weiss Ratings cut Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, May 26th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $246.00 target price (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th.

Packaging Corporation of America Stock Performance

Shares of NYSE PKG opened at $225.95 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.88 and a current ratio of 3.07. The stock has a 50 day moving average price of $225.40 and a 200 day moving average price of $221.26. The stock has a market capitalization of $20.13 billion, a PE ratio of 27.49, a price-to-earnings-growth ratio of 2.14 and a beta of 0.80. Packaging Corporation of America has a 52 week low of $189.03 and a 52 week high of $249.51.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 EPS for the quarter, beating analysts’ consensus estimates of $2.17 by $0.23. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.27%. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.45 billion. During the same quarter last year, the company posted $2.31 earnings per share. The company’s revenue for the quarter 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. Analysts predict that Packaging Corporation of America will post 10.45 earnings per share for the current fiscal year.

Packaging Corporation of America Increases Dividend

The firm 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. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.7%. 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 (DPR) is currently 72.99%.

Insider Transactions 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 stock was sold at an average price of $217.08, for a total transaction of $2,011,463.28. Following the sale, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at approximately $102,811,258.80. This represents a 1.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Packaging Corporation of America

Institutional investors have recently modified their holdings of the business. DV Equities LLC bought a new position in shares of Packaging Corporation of America in the fourth quarter worth about $26,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Packaging Corporation of America in the 3rd quarter valued at approximately $31,000. Covestor Ltd grew 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 purchasing an additional 91 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA grew 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 purchasing an additional 80 shares during the last quarter. Finally, Navalign LLC acquired a new position in Packaging Corporation of America during the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

About Packaging Corporation of America

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.