Packaging Corporation of America $PKG Shares Acquired by OMERS ADMINISTRATION Corp

Posted by Brian Himes on Jul 28th, 2026

OMERS ADMINISTRATION Corp increased its position in shares of Packaging Corporation of America (NYSE:PKG – Free Report) by 15.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,937 shares of the industrial products company’s stock after buying an additional 2,191 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Packaging Corporation of America were worth $3,382,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in PKG. Norges Bank acquired a new position in Packaging Corporation of America during the 4th quarter worth approximately $237,649,000. Diamant Asset Management Inc. increased its position in shares of Packaging Corporation of America by 19,710.3% in the 1st quarter. Diamant Asset Management Inc. now owns 893,446 shares of the industrial products company’s stock valued at $189,607,000 after purchasing an additional 888,936 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Packaging Corporation of America by 29.2% in the 4th quarter. Victory Capital Management Inc. now owns 2,309,412 shares of the industrial products company’s stock valued at $476,270,000 after purchasing an additional 521,352 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of Packaging Corporation of America by 100.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 983,216 shares of the industrial products company’s stock valued at $202,769,000 after purchasing an additional 492,410 shares in the last quarter. Finally, FIL Ltd lifted its position in shares of Packaging Corporation of America by 19.4% during the 4th quarter. FIL Ltd now owns 2,792,936 shares of the industrial products company’s stock worth $575,987,000 after purchasing an additional 453,319 shares during the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Citigroup boosted their target price on shares of Packaging Corporation of America from $229.00 to $241.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Wells Fargo & Company restated an “equal weight” rating and issued a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and lifted their price target for the stock from $225.00 to $256.00 in a report on Monday, May 4th. Truist Financial upped their price objective on Packaging Corporation of America from $258.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. increased their price objective on Packaging Corporation of America from $269.00 to $271.00 and gave the company an “overweight” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $259.71.

Read Our Latest Stock Report on PKG

Insider Activity at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total value of $2,011,463.28. Following the completion of the sale, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at approximately $102,811,258.80. The trade was a 1.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.60% of the company’s stock.

Packaging Corporation of America Stock Down 0.6%

Shares of NYSE:PKG opened at $252.76 on Tuesday. The firm has a 50 day simple moving average of $228.28 and a 200-day simple moving average of $223.07. Packaging Corporation of America has a twelve month low of $189.03 and a twelve month high of $256.44. The company has a current ratio of 3.07, a quick ratio of 1.88 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $22.52 billion, a PE ratio of 32.83, a P/E/G ratio of 2.36 and a beta of 0.80.

Packaging Corporation of America (NYSE:PKG – Get Free Report) last announced its quarterly earnings results 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 net margin of 7.25% and a return on equity of 18.96%. The firm had revenue of $2.49 billion during the quarter, compared to analysts’ expectations of $2.49 billion. During the same period in the previous year, the company earned $2.48 earnings per share. Packaging Corporation of America’s quarterly revenue was up 14.7% compared to the same quarter last year. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. On average, equities analysts predict that Packaging Corporation of America will post 10.5 EPS for the current fiscal year.

Packaging Corporation of America Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.4%. This is an increase from Packaging Corporation of America’s previous quarterly dividend of $1.25. The ex-dividend date was Monday, June 15th. Packaging Corporation of America’s payout ratio is presently 77.92%.

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.