Beverly Hills Private Wealth LLC Takes $2.02 Million Position in Packaging Corporation of America $PKG

Beverly Hills Private Wealth LLC purchased a new stake in Packaging Corporation of America (NYSE:PKG) in the 2nd quarter, HoldingsChannel reports. The firm purchased 8,479 shares of the industrial products company’s stock, valued at approximately $2,020,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Avise Financial Cooperative Inc. bought a new position in Packaging Corporation of America during the second quarter valued at approximately $225,000. RW Investment Management LLC bought a new stake in Packaging Corporation of America in the second quarter worth approximately $1,686,000. HBK Sorce Advisory LLC bought a new stake in Packaging Corporation of America in the second quarter worth approximately $214,000. Global Retirement Partners LLC bought a new stake in Packaging Corporation of America in the second quarter worth approximately $80,000. Finally, Fielder Capital Group LLC acquired a new position in shares of Packaging Corporation of America during the 2nd quarter worth $214,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Price Performance

NYSE PKG opened at $255.54 on Monday. Packaging Corporation of America has a 1 year low of $191.50 and a 1 year high of $259.98. The company has a fifty day simple moving average of $238.16 and a 200 day simple moving average of $226.49. The company has a current ratio of 2.94, a quick ratio of 1.86 and a debt-to-equity ratio of 0.85. The company has a market cap of $22.77 billion, a P/E ratio of 33.19, a P/E/G ratio of 2.41 and a beta of 0.80.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 EPS for the quarter, topping the consensus estimate of $2.31 by $0.04. The firm had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.49 billion. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.48 EPS. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. On average, sell-side analysts predict that Packaging Corporation of America will post 10.48 EPS for the current year.

Trending Headlines about Packaging Corporation of America

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: UBS raised its price target to $292 from $271 and maintained a “Buy” rating, implying roughly 14.3% upside from the referenced share price. The upgrade provides a positive valuation signal for PKG. Benzinga article
• Positive Sentiment: Zacks Research increased its FY2027 EPS forecast to $12.44 from $12.08 and its FY2028 forecast to $14.56 from $13.99. The firm also raised estimates for multiple 2027 quarters and Q2 2028, signaling improved longer-term earnings expectations for Packaging Corporation of America.
• Positive Sentiment: Zacks raised its Q4 2026 EPS estimate to $2.75 from $2.62 and its Q1 2028 estimate to $3.23 from $3.13. These revisions support the view that earnings momentum could strengthen beyond the current year.
• Neutral Sentiment: The analyst revisions are mixed for 2026: FY2026 EPS was trimmed slightly to $10.40 from $10.42, while Q3 2026 EPS was reduced to $2.91 from $3.07. The current full-year consensus remains $10.48 per share, suggesting limited immediate earnings upside.
• Negative Sentiment: Thomas Hassfurther reportedly sold 7,063 PKG shares. Insider selling can weigh modestly on sentiment, although the transaction alone does not establish a change in the company’s fundamental outlook. Thomas Hassfurther sells Packaging Corporation of America shares

Wall Street Analysts Forecast Growth

PKG has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Packaging Corporation of America from $269.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. UBS Group increased their target price on shares of Packaging Corporation of America from $271.00 to $292.00 and gave the stock a “buy” rating in a research report on Thursday. Wells Fargo & Company restated an “equal weight” rating and set a $246.00 target price (up from $245.00) on shares of Packaging Corporation of America in a report on Thursday, July 9th. Truist Financial boosted their price target on Packaging Corporation of America from $258.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft upgraded Packaging Corporation of America from a “hold” rating to a “buy” rating and upped their price target for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $264.57.

Insider Transactions at Packaging Corporation of America

In other news, President Thomas A. Hassfurther sold 7,063 shares of Packaging Corporation of America stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,794,002.00. Following the transaction, the president directly owned 202,891 shares in the company, valued at approximately $51,534,314. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Mark W. Kowlzan sold 9,266 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total value of $2,011,463.28. Following the transaction, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at $102,811,258.80. This represents a 1.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 37,657 shares of company stock valued at $9,199,044 over the last 90 days. Corporate insiders own 1.60% of the company’s stock.

Packaging Corporation of America 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.