SEB Asset Management AB bought a new stake in shares of Packaging Corporation of America (NYSE:PKG – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 23,074 shares of the industrial products company’s stock, valued at approximately $4,897,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its position in Packaging Corporation of America by 73.5% in the first quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock valued at $585,000 after purchasing an additional 1,252 shares during the period. Empowered Funds LLC boosted its position in shares of Packaging Corporation of America by 538.6% in the first quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock worth $1,248,000 after buying an additional 5,316 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Packaging Corporation of America by 40.4% in the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after buying an additional 57 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Packaging Corporation of America by 43.6% in the second quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock valued at $334,000 after buying an additional 537 shares in the last quarter. Finally, Cresset Asset Management LLC grew its stake in shares of Packaging Corporation of America by 17.0% in the second quarter. Cresset Asset Management LLC now owns 1,772 shares of the industrial products company’s stock valued at $336,000 after buying an additional 258 shares in the last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and boosted their price target for the stock from $225.00 to $256.00 in a research report on Monday, May 4th. Bank of America increased their price objective on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Weiss Ratings cut shares of Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Citigroup upped their target price on shares of Packaging Corporation of America from $229.00 to $241.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, UBS Group raised shares of Packaging Corporation of America from a “neutral” rating to a “buy” rating and raised their price target for the company from $232.00 to $248.00 in a report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $256.14.
Packaging Corporation of America Trading Down 0.4%
NYSE:PKG opened at $227.37 on Thursday. The stock has a market cap of $20.26 billion, a price-to-earnings ratio of 27.66, a price-to-earnings-growth ratio of 2.12 and a beta of 0.80. Packaging Corporation of America has a one year low of $189.03 and a one year high of $249.51. 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 business’s 50-day simple moving average is $226.33 and its 200 day simple moving average is $222.32.
Packaging Corporation of America (NYSE:PKG – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.31 by $0.04. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.The firm had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same quarter last year, the firm earned $2.48 EPS. Packaging Corporation of America’s quarterly revenue was up 14.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. As a group, sell-side analysts predict that Packaging Corporation of America will post 10.46 earnings per share for the current fiscal year.
Packaging Corporation of America Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were paid a dividend of $1.50 per share. This is an increase from Packaging Corporation of America’s previous quarterly dividend of $1.25. The ex-dividend date was Monday, June 15th. This represents a $6.00 annualized dividend and a dividend yield of 2.6%. Packaging Corporation of America’s dividend payout ratio (DPR) is currently 72.99%.
Insider Buying and Selling at Packaging Corporation of America
In other news, CEO Mark W. Kowlzan sold 9,266 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer owned 473,610 shares of the company’s stock, valued at approximately $102,811,258.80. This trade represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.60% of the company’s stock.
Key Packaging Corporation of America News
Here are the key news stories impacting Packaging Corporation of America this week:
- Positive Sentiment: Q2 adjusted earnings came in at $2.35 per share, ahead of the $2.31 consensus estimate, and revenue increased 14.7% year over year to $2.5 billion. Packaging Corporation of America Reports Second Quarter 2026 Results
- Neutral Sentiment: The company’s net income and margins remained solid, with reported net income of $192 million and adjusted net income of $210 million, suggesting stable operating performance rather than a major surprise. Packaging Corporation of America posts Q2 CY2026 sales in line with estimates
- Negative Sentiment: Management’s Q3 2026 EPS guidance of $2.91 was slightly below the $2.97 analyst consensus, which may be pressuring the stock despite the Q2 beat. Packaging Corporation of America Reports Second Quarter 2026 Results
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.
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