Packaging Corporation of America (NYSE:PKG) VP Donald Shirley Sells 12,000 Shares of Stock

Posted by Stanley Muller on Aug 25th, 2026

Packaging Corporation of America (NYSE:PKG – Get Free Report) VP Donald Shirley sold 12,000 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $250.71, for a total value of $3,008,520.00. Following the sale, the vice president owned 19,110 shares of the company’s stock, valued at approximately $4,791,068.10. This represents a 38.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Packaging Corporation of America Stock Down 1.6%

Shares of PKG stock opened at $248.79 on Tuesday. The stock’s fifty day moving average price is $241.42 and its 200 day moving average price is $227.73. Packaging Corporation of America has a 1-year low of $191.50 and a 1-year high of $259.98. The company has a market cap of $22.17 billion, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 2.39 and a beta of 0.80. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.94 and a quick ratio of 1.86.

Packaging Corporation of America (NYSE:PKG – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.04. The company had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.49 billion. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%.The firm’s revenue was up 14.7% compared to the same quarter last year. During the same period last year, the business posted $2.48 earnings per share. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. On average, research analysts expect that Packaging Corporation of America will post 10.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Truist Financial upped their price target on shares of Packaging Corporation of America from $258.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Bank of America upped their target price on 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. Wells Fargo & Company restated 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 note on Thursday, July 9th. Weiss Ratings downgraded Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. increased their price target on shares of Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $264.57.

Read Our Latest Research Report on Packaging Corporation of America

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC raised its holdings in Packaging Corporation of America by 73.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock worth $585,000 after purchasing an additional 1,252 shares during the period. Empowered Funds LLC increased its holdings in Packaging Corporation of America by 538.6% in the 1st quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock worth $1,248,000 after acquiring an additional 5,316 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Packaging Corporation of America by 40.4% during the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 57 shares during the period. Sivia Capital Partners LLC lifted its holdings in Packaging Corporation of America by 43.6% during the second quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock valued at $334,000 after purchasing an additional 537 shares in the last quarter. Finally, Cresset Asset Management LLC grew its position 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 purchasing an additional 258 shares during the period. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Company Profile

(Get Free Report)

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.