SG Americas Securities LLC Buys 92,178 Shares of Packaging Corporation of America $PKG

SG Americas Securities LLC increased its stake in shares of Packaging Corporation of America (NYSE:PKG) by 617.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,102 shares of the industrial products company’s stock after buying an additional 92,178 shares during the quarter. SG Americas Securities LLC owned 0.12% of Packaging Corporation of America worth $22,088,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PKG. World Investment Advisors lifted its stake in Packaging Corporation of America by 4.1% during the 3rd quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock valued at $279,000 after acquiring an additional 50 shares in the last quarter. Argent Advisors Inc. boosted its holdings in Packaging Corporation of America by 1.9% during the 3rd quarter. Argent Advisors Inc. now owns 2,852 shares of the industrial products company’s stock worth $622,000 after acquiring an additional 52 shares during the last quarter. Eastern Bank grew its stake in shares of Packaging Corporation of America by 11.0% in the 3rd quarter. Eastern Bank now owns 555 shares of the industrial products company’s stock worth $121,000 after acquiring an additional 55 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in shares of Packaging Corporation of America by 40.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 57 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Packaging Corporation of America by 40.4% in the first 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 last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Packaging Corporation of America

In other news, President Thomas A. Hassfurther sold 12,129 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the completion of the sale, the president owned 197,062 shares in the company, valued at $45,422,791. This trade represents a 5.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Zacks Research raised shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Citigroup increased their price objective on shares of Packaging Corporation of America from $226.00 to $227.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Wells Fargo & Company lifted their target price on shares of Packaging Corporation of America from $233.00 to $234.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Weiss Ratings downgraded Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. upped their target price on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $236.00.

Packaging Corporation of America Trading Down 0.6%

NYSE PKG opened at $212.00 on Friday. The business’s fifty day moving average is $225.69 and its 200-day moving average is $213.28. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.17 and a quick ratio of 1.94. The stock has a market capitalization of $18.91 billion, a price-to-earnings ratio of 24.74, a PEG ratio of 1.65 and a beta of 0.88. Packaging Corporation of America has a one year low of $172.71 and a one year high of $249.51.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share for the quarter, missing the consensus estimate of $2.41 by ($0.09). Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the previous year, the company posted $2.47 EPS. Packaging Corporation of America’s quarterly revenue was up 10.1% compared to the same quarter last year. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Equities research analysts predict that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, March 13th. Packaging Corporation of America’s dividend payout ratio is currently 58.34%.

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.