Packaging Corporation of America $PKG Stock: Curated Wealth Partners LLC Decreases Position

Curated Wealth Partners LLC lowered its stake in Packaging Corporation of America (NYSE:PKG) by 99.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 9,902 shares of the industrial products company’s stock after selling 2,832,241 shares during the quarter. Curated Wealth Partners LLC’s holdings in Packaging Corporation of America were worth $2,270,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fiduciary Financial Advisors purchased a new stake in shares of Packaging Corporation of America during the second quarter worth about $36,000. Keating Financial Advisory Services Inc. bought a new position in Packaging Corporation of America in the second quarter worth about $41,000. Oslo Pensjonsforsikring AS purchased a new position in shares of Packaging Corporation of America during the 1st quarter worth approximately $41,000. Cedar Mountain Advisors LLC lifted its stake in shares of Packaging Corporation of America by 2,300.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 216 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 207 shares during the period. Finally, Danske Bank A S bought a new position in Packaging Corporation of America in the second quarter worth $58,000. 89.78% of the stock is currently owned by institutional investors.

Packaging Corporation of America Price Performance

NYSE:PKG traded up $2.04 on Thursday, reaching $232.00. 162,277 shares of the company’s stock traded hands, compared to its average volume of 799,611. The company has a quick ratio of 1.86, a current ratio of 2.94 and a debt-to-equity ratio of 0.85. Packaging Corporation of America has a 12 month low of $191.50 and a 12 month high of $259.98. The stock has a 50-day simple moving average of $239.20 and a 200-day simple moving average of $229.53. The firm has a market cap of $20.67 billion, a PE ratio of 30.12, a P/E/G ratio of 1.99 and a beta of 0.75.

Packaging Corporation of America (NYSE:PKG) last issued its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (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 analysts’ expectations of $2.49 billion. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%. The business’s revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.48 earnings per share. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. Equities research analysts forecast that Packaging Corporation of America will post 10.45 earnings per share for the current year.

Packaging Corporation of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be paid a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 77.92%.

Insider Buying and Selling

In other Packaging Corporation of America news, President Thomas A. Hassfurther sold 12,531 shares of the business’s stock in a transaction that occurred 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 transaction, the president owned 218,751 shares in the company, valued at $54,687,750. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Donald R. Shirley sold 12,000 shares of the firm’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 value of $3,008,520.00. Following the sale, the vice president directly owned 19,110 shares of the company’s stock, valued at $4,791,068.10. This represents a 38.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 40,391 shares of company stock valued at $10,196,101. Company insiders own 1.60% of the company’s stock.

Key Stories Impacting Packaging Corporation of America

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

• Positive Sentiment: Positive earnings expectations: Zacks says Packaging Corporation of America has the combination of earnings-estimate revisions and other factors that could support an earnings beat in its report next week. Wall Street expects year-over-year earnings growth. Packaging Corp. PKG Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Broad upward estimate revisions: Zacks Research raised its forecasts for fourth-quarter 2026 EPS to $2.78 from $2.76, fiscal 2026 EPS to $10.44 from $10.42, and fiscal 2027 EPS to $12.51 from $12.46. It also lifted estimates for several 2027 and 2028 quarters, including fiscal 2028 EPS to $14.66 from $14.60. These revisions signal improving expectations for future profitability. Packaging Corporation of America Analyst Estimates
• Positive Sentiment: Analyst sees additional upside: A Truist Financial analyst said PKG’s stock price is expected to rise, adding to the positive sentiment surrounding the shares. The report did not provide further details on the analyst’s price target or rating change. Packaging Corporation of America Stock Price Expected to Rise, Truist Financial Analyst Says
• Neutral Sentiment: Earnings date approaching: Packaging Corporation of America is projected to release its earnings on Wednesday, making the upcoming results and management outlook the next major catalysts for PKG. Packaging Corporation of America Projected to Release Earnings on Wednesday

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Bank of America dropped their price objective on shares of Packaging Corporation of America from $280.00 to $260.00 and set a “buy” rating on the stock in a research note on Friday, September 11th. UBS Group decreased their target price on shares of Packaging Corporation of America from $292.00 to $289.00 and set a “buy” rating for the company in a report on Monday, October 5th. Citigroup decreased their price objective on shares of Packaging Corporation of America from $254.00 to $253.00 and set a “neutral” rating for the company in a report on Friday, October 2nd. Wells Fargo & Company dropped their price objective on Packaging Corporation of America from $246.00 to $245.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 7th. Finally, 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. One 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $271.86.

About Packaging Corporation of America

Packaging Corporation of America (NYSE: PKG) is a manufacturer of containerboard and corrugated packaging products in the United States. The company produces linerboard, corrugating medium and finished corrugated containers used to package and transport consumer, industrial, food and agricultural products.

PCA also manufactures specialty packaging products, including retail displays, protective packaging and custom-designed corrugated solutions. Through its Paper segment, the company produces and sells uncoated freesheet paper and related specialty papers for commercial printing, office use, converting and other applications.