Groupe la Francaise Invests $4.81 Million in Packaging Corporation of America $PKG

Groupe la Francaise acquired a new stake in Packaging Corporation of America (NYSE:PKG) in the second quarter, HoldingsChannel.com reports. The fund acquired 20,173 shares of the industrial products company’s stock, valued at approximately $4,807,000.

Other institutional investors have also bought and sold shares of the company. Greenleaf Trust lifted its stake in Packaging Corporation of America by 1.7% in the 2nd quarter. Greenleaf Trust now owns 2,705 shares of the industrial products company’s stock worth $645,000 after acquiring an additional 46 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Packaging Corporation of America by 5.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,045 shares of the industrial products company’s stock valued at $218,000 after acquiring an additional 52 shares in the last quarter. TD Private Client Wealth LLC grew its stake in Packaging Corporation of America by 2.9% during the 4th quarter. TD Private Client Wealth LLC now owns 1,929 shares of the industrial products company’s stock valued at $398,000 after acquiring an additional 54 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Packaging Corporation of America by 40.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 57 shares during the period. Finally, Root Financial Partners LLC increased its holdings in shares of Packaging Corporation of America by 28.4% in the 1st quarter. Root Financial Partners LLC now owns 276 shares of the industrial products company’s stock valued at $59,000 after purchasing an additional 61 shares during the period. 89.78% of the stock is owned by hedge funds and other institutional investors.

Packaging Corporation of America Stock Up 0.1%

PKG opened at $237.51 on Tuesday. The firm has a market cap of $21.16 billion, a P/E ratio of 30.85, a price-to-earnings-growth ratio of 2.41 and a beta of 0.78. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.86 and a current ratio of 2.94. The business has a 50 day moving average price of $242.26 and a 200 day moving average price of $227.59. Packaging Corporation of America has a twelve month low of $191.50 and a twelve month high of $259.98.

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

Packaging Corporation of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be issued a $1.50 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $6.00 dividend on an annualized basis and a yield of 2.5%. Packaging Corporation of America’s dividend payout ratio (DPR) is 77.92%.

Insider Activity at Packaging Corporation of America

In other news, VP Donald Shirley sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $250.71, for a total transaction of $3,008,520.00. Following the completion of the transaction, the vice president directly owned 19,110 shares in the company, valued at $4,791,068.10. The trade was a 38.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Thomas Hassfurther sold 12,531 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the completion of the sale, the president owned 218,751 shares in the company, valued at approximately $54,687,750. The trade was a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 40,391 shares of company stock worth $10,196,101. Company insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PKG shares. Wells Fargo & Company reissued an “equal weight” rating and issued a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. Bank of America upped their price objective on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Weiss Ratings upgraded shares of Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 25th. UBS Group lifted their target price on shares of Packaging Corporation of America from $271.00 to $292.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Packaging Corporation of America from $269.00 to $271.00 and gave the company an “overweight” rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $264.57.

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.