MGO One Seven LLC Raises Stake in Packaging Corporation of America $PKG

MGO One Seven LLC lifted its position in shares of Packaging Corporation of America (NYSE:PKG) by 8.2% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,361 shares of the industrial products company’s stock after purchasing an additional 103 shares during the quarter. MGO One Seven LLC’s holdings in Packaging Corporation of America were worth $256,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Packaging Corporation of America during the 1st quarter worth about $2,127,000. Sowell Financial Services LLC purchased a new position in Packaging Corporation of America in the 1st quarter worth approximately $309,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Packaging Corporation of America by 5.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 28,639 shares of the industrial products company’s stock worth $5,671,000 after acquiring an additional 1,531 shares during the period. Brookstone Capital Management boosted its holdings in Packaging Corporation of America by 718.0% in the 1st quarter. Brookstone Capital Management now owns 10,086 shares of the industrial products company’s stock worth $1,997,000 after acquiring an additional 8,853 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in Packaging Corporation of America by 11.3% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 250,197 shares of the industrial products company’s stock worth $49,544,000 after acquiring an additional 25,471 shares during the period. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Stock Performance

Shares of PKG opened at $203.45 on Monday. The business’s 50 day moving average is $210.67 and its two-hundred day moving average is $198.72. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $250.82. The firm has a market cap of $18.31 billion, a price-to-earnings ratio of 20.30, a PEG ratio of 1.19 and a beta of 0.91. The company has a quick ratio of 2.32, a current ratio of 3.54 and a debt-to-equity ratio of 0.54.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Wednesday, July 23rd. The industrial products company reported $2.48 earnings per share (EPS) 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 company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the company posted $2.20 EPS. Packaging Corporation of America’s quarterly revenue was up 4.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. Analysts forecast that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Monday, September 15th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, September 15th. Packaging Corporation of America’s dividend payout ratio is currently 49.90%.

Analyst Ratings Changes

A number of equities analysts have weighed in on PKG shares. UBS Group decreased their price target on Packaging Corporation of America from $226.00 to $225.00 and set a “neutral” rating for the company in a report on Thursday. Citigroup upped their price target on Packaging Corporation of America from $214.00 to $218.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Wells Fargo & Company upped their price target 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. JPMorgan Chase & Co. started coverage on Packaging Corporation of America in a report on Wednesday, September 24th. They issued an “overweight” rating and a $242.00 price target for the company. 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 analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $229.33.

Insider Activity

In related news, CEO Mark W. Kowlzan sold 25,000 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 437,378 shares of the company’s stock, valued at approximately $94,460,526.66. This represents a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Packaging Corporation of America Company 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.