Savant Capital LLC Reduces Stock Position in Packaging Corporation of America $PKG

Posted by on Jun 4th, 2026

Savant Capital LLC lessened its holdings in Packaging Corporation of America (NYSE:PKG – Free Report) by 78.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,541 shares of the industrial products company’s stock after selling 12,892 shares during the quarter. Savant Capital LLC’s holdings in Packaging Corporation of America were worth $730,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Benchmark Financial Wealth Advisors LLC increased its holdings in Packaging Corporation of America by 2.1% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 2,345 shares of the industrial products company’s stock valued at $484,000 after buying an additional 48 shares during the last quarter. River Street Advisors LLC increased its holdings in Packaging Corporation of America by 1.0% in the fourth quarter. River Street Advisors LLC now owns 5,362 shares of the industrial products company’s stock valued at $1,106,000 after buying an additional 51 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in Packaging Corporation of America by 2.9% in the fourth quarter. TD Private Client Wealth LLC now owns 1,929 shares of the industrial products company’s stock valued at $398,000 after buying an additional 54 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in Packaging Corporation of America by 40.7% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company’s stock valued at $43,000 after buying an additional 57 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in 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 valued at $39,000 after buying an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Insider Buying and Selling at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the stock in a transaction dated 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 in the company, valued at approximately $102,811,258.80. This represents a 1.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on PKG shares. UBS Group raised Packaging Corporation of America from a “neutral” rating to a “buy” rating and increased their target price for the company from $232.00 to $248.00 in a report on Wednesday, May 20th. Wells Fargo & Company dropped their price objective on Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating on the stock in a report on Tuesday, April 7th. JPMorgan Chase & Co. raised their price objective on Packaging Corporation of America from $225.00 to $246.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and raised their price objective for the stock from $225.00 to $256.00 in a report on Monday, May 4th. Finally, Truist Financial reaffirmed a “buy” rating and set a $258.00 price objective (down from $260.00) on shares of Packaging Corporation of America in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $236.57.

View Our Latest Stock Analysis on PKG

Packaging Corporation of America Price Performance

Shares of PKG opened at $224.70 on Thursday. Packaging Corporation of America has a fifty-two week low of $184.76 and a fifty-two week high of $249.51. The company has a market capitalization of $20.02 billion, a price-to-earnings ratio of 27.34, a price-to-earnings-growth ratio of 2.03 and a beta of 0.81. The firm has a 50-day simple moving average of $214.11 and a 200-day simple moving average of $215.23. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.88 and a current ratio of 3.07.

Packaging Corporation of America (NYSE:PKG – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter in the prior year, the firm earned $2.31 earnings per share. The business’s quarterly revenue 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. On average, equities research analysts anticipate that Packaging Corporation of America will post 10.81 earnings per share for the current year.

Packaging Corporation of America Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a dividend yield of 2.7%. This is a positive change from Packaging Corporation of America’s previous quarterly dividend of $1.25. The ex-dividend date is Monday, June 15th. Packaging Corporation of America’s payout ratio is currently 60.83%.

Packaging Corporation of America Company Profile

(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.

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Institutional Ownership by Quarter for Packaging Corporation of America (NYSE:PKG)

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