Stephens Inc. AR Grows Position in Packaging Corporation of America $PKG

Stephens Inc. AR grew its stake in shares of Packaging Corporation of America (NYSE:PKG) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 66,915 shares of the industrial products company’s stock after buying an additional 650 shares during the period. Stephens Inc. AR owned 0.07% of Packaging Corporation of America worth $12,610,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. LMG Wealth Partners LLC increased its position in Packaging Corporation of America by 6.9% during the second quarter. LMG Wealth Partners LLC now owns 10,322 shares of the industrial products company’s stock worth $1,945,000 after buying an additional 662 shares in the last quarter. Chicago Partners Investment Group LLC purchased a new position in Packaging Corporation of America during the second quarter worth $393,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Packaging Corporation of America during the second quarter worth $773,000. Chevy Chase Trust Holdings LLC boosted its holdings in shares of Packaging Corporation of America by 0.9% during the second quarter. Chevy Chase Trust Holdings LLC now owns 47,190 shares of the industrial products company’s stock worth $8,893,000 after purchasing an additional 408 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Packaging Corporation of America by 2.5% during the second quarter. Nordea Investment Management AB now owns 7,651 shares of the industrial products company’s stock worth $1,445,000 after purchasing an additional 186 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Truist Financial raised their price objective on Packaging Corporation of America from $262.00 to $264.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Wednesday, October 8th. JPMorgan Chase & Co. assumed coverage on Packaging Corporation of America in a report on Wednesday, September 24th. They set an “overweight” rating and a $242.00 price objective on the stock. Wells Fargo & Company raised their price objective on Packaging Corporation of America from $200.00 to $222.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 7th. Finally, Zacks Research upgraded Packaging Corporation of America from a “hold” rating to a “strong-buy” rating in a report on Friday, September 26th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Packaging Corporation of America presently has a consensus rating of “Moderate Buy” and a consensus price target of $229.33.

Insider Activity at Packaging Corporation of America

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 25,000 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the transaction, the chief executive officer owned 437,378 shares in the company, valued at $94,460,526.66. The trade was a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Packaging Corporation of America Price Performance

Shares of Packaging Corporation of America stock opened at $205.86 on Tuesday. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $250.82. The stock has a market capitalization of $18.52 billion, a P/E ratio of 20.55, a PEG ratio of 1.19 and a beta of 0.91. The company has a current ratio of 3.54, a quick ratio of 2.32 and a debt-to-equity ratio of 0.54. The business’s fifty day moving average price is $210.85 and its 200 day moving average price is $198.88.

Packaging Corporation of America (NYSE:PKG) last issued its earnings results on Wednesday, July 23rd. The industrial products company reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.04. Packaging Corporation of America had a return on equity of 20.08% and a net margin of 10.47%.The firm had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter last year, the firm earned $2.20 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. As a group, research analysts anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th were paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Monday, September 15th. Packaging Corporation of America’s payout ratio is currently 49.90%.

Packaging Corporation of America Profile

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.