Packaging Corporation of America (PKG) – Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Packaging Corporation of America (NYSE: PKG):

• 7/28/2026 – Packaging Corporation of America had its price target raised by Citigroup Inc. from $241.00 to $254.00. They now have a “neutral” rating on the stock.
• 7/24/2026 – Packaging Corporation of America had its price target lowered by UBS Group AG from $272.00 to $271.00. They now have a “buy” rating on the stock.
• 7/24/2026 – Packaging Corporation of America had its price target raised by JPMorgan Chase & Co. from $269.00 to $271.00. They now have an “overweight” rating on the stock.
• 7/15/2026 – Packaging Corporation of America had its price target raised by Truist Financial Corporation from $258.00 to $270.00. They now have a “buy” rating on the stock.
• 7/14/2026 – Packaging Corporation of America had its price target raised by Bank of America Corporation from $242.00 to $263.00. They now have a “buy” rating on the stock.
• 7/9/2026 – Packaging Corporation of America had its price target raised by Citigroup Inc. from $229.00 to $241.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Packaging Corporation of America had its price target raised by JPMorgan Chase & Co. from $246.00 to $269.00. They now have an “overweight” rating on the stock.
• 7/9/2026 – Packaging Corporation of America had its “equal weight” rating reaffirmed by Wells Fargo & Company. They now have a $246.00 price target on the stock, up from $245.00.
• 7/8/2026 – Packaging Corporation of America was downgraded by Wells Fargo & Company from “overweight” to “equal weight”. They now have a $246.00 price target on the stock, up from $245.00.

Packaging Corporation of America Increases Dividend

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

Insider Buying and Selling at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the 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 sale, the chief executive officer owned 473,610 shares in the company, valued at $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 Securities & Exchange Commission, which is available through the SEC website. 1.60% of the stock is owned by insiders.

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.