Packaging Corporation of America (NYSE:PKG) Receives Consensus Rating of “Moderate Buy” from Analysts

Packaging Corporation of America (NYSE:PKG) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $215.40.

PKG has been the topic of several analyst reports. Jefferies Financial Group lowered shares of Packaging Corporation of America from a “buy” rating to a “hold” rating and dropped their price target for the company from $245.00 to $205.00 in a research report on Monday, June 16th. Truist Financial dropped their target price on Packaging Corporation of America from $239.00 to $238.00 and set a “buy” rating on the stock in a research report on Friday, July 25th. Wells Fargo & Company raised their target price on Packaging Corporation of America from $180.00 to $200.00 and gave the company an “equal weight” rating in a research report on Thursday, July 10th. UBS Group raised their target price on Packaging Corporation of America from $210.00 to $220.00 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Finally, Citigroup raised their price objective on Packaging Corporation of America from $197.00 to $214.00 and gave the company a “neutral” rating in a report on Friday, July 25th.

Packaging Corporation of America Stock Down 0.3%

Packaging Corporation of America stock opened at $210.95 on Friday. The firm has a market cap of $18.98 billion, a price-to-earnings ratio of 21.05, a price-to-earnings-growth ratio of 2.49 and a beta of 0.85. Packaging Corporation of America has a 52 week low of $172.71 and a 52 week high of $250.82. The business’s 50-day moving average price is $199.29 and its 200 day moving average price is $196.24. 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 issued its quarterly earnings data on Wednesday, July 23rd. The industrial products company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.44 by $0.04. The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Packaging Corporation of America had a net margin of 10.47% and a return on equity of 20.08%. The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the company earned $2.20 EPS. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. As a group, sell-side analysts anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a dividend of $1.25 per share. The ex-dividend date is Monday, September 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. Packaging Corporation of America’s dividend payout ratio (DPR) is 49.90%.

Hedge Funds Weigh In On Packaging Corporation of America

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Orion Porfolio Solutions LLC lifted its stake in Packaging Corporation of America by 9.4% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 3,878 shares of the industrial products company’s stock valued at $731,000 after buying an additional 334 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in Packaging Corporation of America in the 2nd quarter valued at about $230,000. Hudson Bay Capital Management LP lifted its position in shares of Packaging Corporation of America by 12.5% in the second quarter. Hudson Bay Capital Management LP now owns 45,245 shares of the industrial products company’s stock valued at $8,526,000 after acquiring an additional 5,035 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Packaging Corporation of America in the second quarter valued at approximately $44,000. Finally, Rexford Capital Inc. purchased a new position in shares of Packaging Corporation of America in the second quarter valued at approximately $501,000. 89.78% of the stock is owned by hedge funds and other institutional investors.

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.