3,916 Shares in Packaging Corporation of America $PKG Bought by Kepler Cheuvreux Suisse SA

Kepler Cheuvreux Suisse SA bought a new stake in Packaging Corporation of America (NYSE:PKG) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,916 shares of the industrial products company’s stock, valued at approximately $831,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DV Equities LLC bought a new stake in Packaging Corporation of America during the 4th quarter worth about $26,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Packaging Corporation of America in the 3rd quarter valued at about $31,000. Covestor Ltd increased its position in shares of Packaging Corporation of America by 140.0% in the fourth quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 91 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in shares of Packaging Corporation of America by 94.1% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 80 shares during the last quarter. Finally, Navalign LLC bought a new stake in Packaging Corporation of America during the fourth quarter worth about $36,000. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Packaging Corporation of America Stock Down 0.1%

Shares of PKG stock opened at $237.99 on Monday. Packaging Corporation of America has a 52-week low of $189.03 and a 52-week high of $249.51. The stock has a market cap of $21.21 billion, a price-to-earnings ratio of 28.95, a PEG ratio of 2.23 and a beta of 0.80. The firm’s 50-day moving average is $223.82 and its 200-day moving average is $220.23. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.88 and a current ratio of 3.07.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.17 by $0.23. The business had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.45 billion. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.Packaging Corporation of America’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the company posted $2.31 earnings per share. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. Sell-side analysts predict that Packaging Corporation of America will post 10.45 EPS for the current year.

Packaging Corporation of America Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be paid a dividend of $1.50 per share. The ex-dividend date is Monday, June 15th. This represents a $6.00 annualized dividend and a dividend yield of 2.5%. This is an increase from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s dividend payout ratio is presently 72.99%.

Insider Activity at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 9,266 shares of Packaging Corporation of America stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total transaction of $2,011,463.28. Following the completion of the transaction, the chief executive officer directly owned 473,610 shares in the company, valued at approximately $102,811,258.80. The trade was a 1.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

PKG has been the subject of several recent research reports. Truist Financial reissued a “buy” rating and set a $258.00 price target (down from $260.00) on shares of Packaging Corporation of America in a research report on Monday, April 27th. Citigroup lowered their price target on Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft upgraded Packaging Corporation of America from a “hold” rating to a “buy” rating and upped their price objective for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. UBS Group raised Packaging Corporation of America from a “neutral” rating to a “buy” rating and increased their price objective for the company from $232.00 to $248.00 in a report on Wednesday, May 20th. Finally, Weiss Ratings cut shares of Packaging Corporation of America from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Packaging Corporation of America has an average rating of “Moderate Buy” and an average target price of $241.83.

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.