Havemeyer Place LP Takes Position in Packaging Corporation of America $PKG

Posted by Stanley Muller on Jun 10th, 2026

Havemeyer Place LP acquired a new stake in shares of Packaging Corporation of America (NYSE:PKG – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,466 shares of the industrial products company’s stock, valued at approximately $509,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. MCF Advisors LLC lifted its position in shares of Packaging Corporation of America by 26.7% during the 4th quarter. MCF Advisors LLC now owns 455 shares of the industrial products company’s stock valued at $94,000 after acquiring an additional 96 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of Packaging Corporation of America by 23.0% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 5,248 shares of the industrial products company’s stock valued at $1,082,000 after acquiring an additional 983 shares during the last quarter. Prestige Wealth Management Group LLC lifted its position in shares of Packaging Corporation of America by 12,460.0% during the 4th quarter. Prestige Wealth Management Group LLC now owns 1,256 shares of the industrial products company’s stock valued at $261,000 after acquiring an additional 1,246 shares during the last quarter. Westfield Capital Management Co. LP acquired a new stake in shares of Packaging Corporation of America during the 4th quarter valued at $58,758,000. Finally, Avise Financial Cooperative Inc. acquired a new stake in shares of Packaging Corporation of America during the 4th quarter valued at $231,000. Institutional investors and hedge funds 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 company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total value of $2,011,463.28. Following the transaction, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at approximately $102,811,258.80. This represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.60% of the company’s stock.

Packaging Corporation of America Price Performance

PKG opened at $227.42 on Wednesday. The stock has a fifty day moving average of $214.99 and a 200-day moving average of $216.01. The firm has a market capitalization of $20.26 billion, a P/E ratio of 27.67, a PEG ratio of 1.98 and a beta of 0.81. Packaging Corporation of America has a 12-month low of $184.76 and a 12-month high of $249.51. The company has a quick ratio of 1.88, a current ratio of 3.07 and a debt-to-equity ratio of 0.87.

Packaging Corporation of America (NYSE:PKG – Get Free Report) last released its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.23. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.45 billion. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.31 earnings per share. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. Equities analysts forecast that Packaging Corporation of America will post 10.8 EPS for the current fiscal year.

Packaging Corporation of America Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be paid a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from Packaging Corporation of America’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend is Monday, June 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is currently 60.83%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. JPMorgan Chase & Co. increased their price objective on Packaging Corporation of America from $225.00 to $246.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Citigroup cut their price objective on Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Wells Fargo & Company cut their price objective on Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating for the company in a research report on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft upgraded Packaging Corporation of America from a “hold” rating to a “buy” rating and increased their target price for the company from $225.00 to $256.00 in a report on Monday, May 4th. Finally, Argus upgraded Packaging Corporation of America to a “strong-buy” rating in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $236.57.

Read Our Latest Stock Analysis on PKG

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.