Packaging Corporation of America (NYSE:PKG) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Packaging Corporation of America (NYSE:PKG) have received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $230.1667.

PKG has been the subject of several research reports. Wall Street Zen downgraded shares of Packaging Corporation of America from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Zacks Research cut Packaging Corporation of America from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Truist Financial boosted their price target on Packaging Corporation of America from $262.00 to $264.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Weiss Ratings upgraded Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, November 7th. Finally, Citigroup lifted their target price 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.

Insider Buying and Selling at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 25,000 shares of the stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $215.97, for a total value of $5,399,250.00. Following the sale, the chief executive officer owned 437,378 shares in the company, valued at $94,460,526.66. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Packaging Corporation of America

Several hedge funds have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC lifted its holdings in shares of Packaging Corporation of America by 20.5% in the 1st quarter. TD Private Client Wealth LLC now owns 1,264 shares of the industrial products company’s stock valued at $250,000 after buying an additional 215 shares during the period. DekaBank Deutsche Girozentrale raised its position in Packaging Corporation of America by 1.4% during the first quarter. DekaBank Deutsche Girozentrale now owns 224,273 shares of the industrial products company’s stock valued at $43,378,000 after acquiring an additional 3,101 shares in the last quarter. Linden Thomas Advisory Services LLC raised its position in Packaging Corporation of America by 8.9% during the first quarter. Linden Thomas Advisory Services LLC now owns 6,075 shares of the industrial products company’s stock valued at $1,203,000 after acquiring an additional 494 shares in the last quarter. Regents Gate Capital LLP lifted its holdings in Packaging Corporation of America by 174.0% in the first quarter. Regents Gate Capital LLP now owns 52,242 shares of the industrial products company’s stock valued at $10,345,000 after acquiring an additional 33,176 shares during the period. Finally, LBP AM SA boosted its position in Packaging Corporation of America by 5.0% in the 1st quarter. LBP AM SA now owns 38,401 shares of the industrial products company’s stock worth $7,604,000 after purchasing an additional 1,817 shares in the last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.

Packaging Corporation of America Price Performance

Shares of PKG stock opened at $200.58 on Thursday. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $250.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.32 and a current ratio of 3.54. The firm has a market capitalization of $18.05 billion, a price-to-earnings ratio of 20.28, a PEG ratio of 1.44 and a beta of 0.92. The stock’s 50-day simple moving average is $209.07 and its 200-day simple moving average is $200.83.

Packaging Corporation of America (NYSE:PKG) last released its earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 EPS for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.29 billion. Packaging Corporation of America had a return on equity of 19.98% and a net margin of 10.18%.The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the business earned $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. As a group, equities analysts forecast that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th were paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.5%. The ex-dividend date was Monday, September 15th. Packaging Corporation of America’s payout ratio is presently 50.56%.

About Packaging Corporation of America

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.