Analysts Set Packaging Corporation of America (NYSE:PKG) PT at $230.67

Packaging Corporation of America (NYSE:PKG) has received a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $230.6667.

PKG has been the subject of a number of research reports. Wells Fargo & Company lifted their price objective on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 7th. Weiss Ratings restated a “buy (b-)” rating on shares of Packaging Corporation of America in a research report on Monday, December 22nd. JPMorgan Chase & Co. boosted their price objective on shares of 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. UBS Group increased their price objective on shares of Packaging Corporation of America from $225.00 to $230.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Finally, Truist Financial lifted their target price 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.

Institutional Investors Weigh In On Packaging Corporation of America

A number of hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its holdings in shares of Packaging Corporation of America by 48.9% during the first quarter. Wellington Management Group LLP now owns 42,067 shares of the industrial products company’s stock valued at $8,330,000 after acquiring an additional 13,807 shares during the period. Ieq Capital LLC lifted its position in Packaging Corporation of America by 71.8% in the 1st quarter. Ieq Capital LLC now owns 11,923 shares of the industrial products company’s stock valued at $2,361,000 after purchasing an additional 4,983 shares during the last quarter. Transamerica Financial Advisors LLC boosted its stake in 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 valued at $672,000 after purchasing an additional 495 shares during the period. B. Metzler seel. Sohn & Co. AG boosted its stake in 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 valued at $2,577,000 after purchasing an additional 8,354 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in Packaging Corporation of America by 253.5% in the 1st quarter. Canada Pension Plan Investment Board now owns 25,100 shares of the industrial products company’s stock worth $4,970,000 after purchasing an additional 18,000 shares during the last quarter. 89.78% of the stock is currently owned by institutional investors.

Packaging Corporation of America Trading Up 0.8%

Shares of NYSE PKG opened at $208.97 on Friday. The company has a quick ratio of 2.00, a current ratio of 3.16 and a debt-to-equity ratio of 0.84. The stock’s 50 day moving average price is $201.33 and its two-hundred day moving average price is $203.34. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $242.68. The stock has a market capitalization of $18.80 billion, a P/E ratio of 21.13, 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 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $2.29 billion. During the same quarter in the previous year, the business posted $2.65 EPS. Packaging Corporation of America’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, analysts anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Announces Dividend

The business 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. The ex-dividend date is Monday, December 15th. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. Packaging Corporation of America’s payout ratio is currently 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.