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

Shares of Packaging Corporation of America (NYSE:PKG) have been assigned an average rating of “Hold” from the nine analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $230.6667.

A number of research firms have issued reports on PKG. Zacks Research downgraded shares of Packaging Corporation of America from a “hold” rating to a “strong sell” rating in a research report on Monday, December 8th. Wells Fargo & Company upped their price target on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. JPMorgan Chase & Co. lifted their price objective on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a research report on Friday, December 5th. Citigroup boosted their target price on Packaging Corporation of America from $214.00 to $218.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Finally, UBS Group upped their target price on Packaging Corporation of America from $225.00 to $230.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Wellington Management Group LLP boosted its holdings in Packaging Corporation of America by 48.9% in the first quarter. Wellington Management Group LLP now owns 42,067 shares of the industrial products company’s stock worth $8,330,000 after purchasing an additional 13,807 shares in the last quarter. Ieq Capital LLC lifted its position in shares of Packaging Corporation of America by 71.8% in the first quarter. Ieq Capital LLC now owns 11,923 shares of the industrial products company’s stock worth $2,361,000 after buying an additional 4,983 shares during the last quarter. Transamerica Financial Advisors LLC boosted its stake in shares of Packaging Corporation of America by 17.1% during the 1st quarter. Transamerica Financial Advisors LLC now owns 3,393 shares of the industrial products company’s stock worth $672,000 after acquiring an additional 495 shares in the last quarter. B. Metzler seel. Sohn & Co. AG boosted its stake in shares of Packaging Corporation of America by 179.2% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 13,017 shares of the industrial products company’s stock worth $2,577,000 after acquiring an additional 8,354 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its holdings in shares of Packaging Corporation of America by 253.5% during the 1st quarter. Canada Pension Plan Investment Board now owns 25,100 shares of the industrial products company’s stock valued at $4,970,000 after acquiring an additional 18,000 shares during the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Trading Down 0.2%

Shares of NYSE PKG opened at $208.30 on Friday. The company has a current ratio of 3.16, a quick ratio of 2.00 and a debt-to-equity ratio of 0.84. Packaging Corporation of America has a one year low of $172.71 and a one year high of $242.68. The business has a 50-day moving average price of $201.39 and a two-hundred day moving average price of $203.59. The firm has a market capitalization of $18.74 billion, a PE ratio of 21.06, a PEG ratio of 1.53 and a beta of 0.89.

Packaging Corporation of America (NYSE:PKG) last issued its earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.29 billion. Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. Packaging Corporation of America’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.65 EPS. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. As a group, analysts predict 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 will be paid on Wednesday, January 14th. Investors of record on Monday, December 15th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, December 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 50.56%.

About Packaging Corporation of America

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.