Packaging Corporation of America (NYSE:PKG) Price Target Raised to $235.00

Packaging Corporation of America (NYSE:PKG) had its price target raised by UBS Group from $230.00 to $235.00 in a report issued on Monday,Benzinga reports. The firm currently has a neutral rating on the industrial products company’s stock.

PKG has been the topic of several other research reports. JPMorgan Chase & Co. increased their target price on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a report on Friday, December 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Monday, December 29th. Citigroup decreased their target price on Packaging Corporation of America from $229.00 to $226.00 and set a “neutral” rating for the company in a research note on Tuesday, January 6th. Truist Financial upped their price target on Packaging Corporation of America from $263.00 to $273.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, Wells Fargo & Company raised shares of Packaging Corporation of America from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $222.00 to $233.00 in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $236.17.

Packaging Corporation of America Stock Performance

Shares of Packaging Corporation of America stock opened at $219.75 on Monday. The business has a 50-day simple moving average of $203.84 and a 200-day simple moving average of $205.41. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16. Packaging Corporation of America has a one year low of $172.71 and a one year high of $242.68. The company has a market cap of $19.77 billion, a PE ratio of 22.22, a P/E/G ratio of 1.66 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). Packaging Corporation of America had a return on equity of 19.72% and a net margin of 10.18%.The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the prior year, the firm earned $2.65 EPS. The firm’s revenue was up 6.0% compared to the same quarter last year. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. On average, equities research analysts forecast that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 15th were paid a dividend of $1.25 per share. The ex-dividend date was Monday, December 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. Packaging Corporation of America’s dividend payout ratio is 50.56%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of PKG. Exchange Traded Concepts LLC raised its position in Packaging Corporation of America by 9.3% during the 4th quarter. Exchange Traded Concepts LLC now owns 1,010 shares of the industrial products company’s stock worth $208,000 after buying an additional 86 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in Packaging Corporation of America by 3.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 2,096 shares of the industrial products company’s stock worth $432,000 after purchasing an additional 61 shares in the last quarter. Signal Advisors Wealth LLC acquired a new stake in Packaging Corporation of America in the fourth quarter valued at about $236,000. Harrington Investments INC acquired a new stake in Packaging Corporation of America in the fourth quarter valued at about $268,000. Finally, Czech National Bank boosted its holdings in Packaging Corporation of America by 3.8% in the 4th quarter. Czech National Bank now owns 23,565 shares of the industrial products company’s stock valued at $4,860,000 after purchasing an additional 867 shares in the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

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.