4,950 Shares in Packaging Corporation of America $PKG Acquired by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI purchased a new position in shares of Packaging Corporation of America (NYSE:PKG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,950 shares of the industrial products company’s stock, valued at approximately $1,021,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cornerstone Planning Group LLC lifted its position in Packaging Corporation of America by 105.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 59 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in Packaging Corporation of America during the 3rd quarter worth approximately $31,000. Navalign LLC acquired a new position in Packaging Corporation of America during the 4th quarter worth approximately $36,000. NBT Bank N A NY acquired a new position in Packaging Corporation of America during the 3rd quarter worth approximately $41,000. Finally, Cary Street Partners Investment Advisory LLC lifted its position in Packaging Corporation of America by 40.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 57 shares in the last quarter. 89.78% of the stock is owned by institutional investors and hedge funds.

Packaging Corporation of America Price Performance

PKG stock opened at $211.92 on Friday. The company has a quick ratio of 1.94, a current ratio of 3.07 and a debt-to-equity ratio of 0.87. Packaging Corporation of America has a 52-week low of $184.76 and a 52-week high of $249.51. The stock’s 50 day moving average is $213.82 and its two-hundred day moving average is $213.57. The company has a market capitalization of $18.88 billion, a PE ratio of 25.78, a P/E/G ratio of 1.92 and a beta of 0.81.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.23. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same period in the previous year, the business earned $2.31 EPS. Packaging Corporation of America’s revenue for the quarter 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. Analysts predict that Packaging Corporation of America will post 10.81 earnings per share for the current fiscal year.

Packaging Corporation of America Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be issued a $1.50 dividend. 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. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.8%. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 60.83%.

Wall Street Analyst Weigh In

Several research firms recently commented on PKG. UBS Group boosted their price target on Packaging Corporation of America from $225.00 to $232.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft upgraded Packaging Corporation of America from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $225.00 to $256.00 in a report on Monday, May 4th. JPMorgan Chase & Co. lifted 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. Truist Financial restated 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. Finally, Citigroup dropped their price objective on Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Packaging Corporation of America currently has an average rating of “Moderate Buy” and an average target price of $234.29.

Packaging Corporation of America Company Profile

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.