Campbell & CO Investment Adviser LLC Has $6.64 Million Holdings in Packaging Corporation of America $PKG

Campbell & CO Investment Adviser LLC increased its position in shares of Packaging Corporation of America (NYSE:PKG) by 0.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,507 shares of the industrial products company’s stock after acquiring an additional 82 shares during the period. Packaging Corporation of America comprises 0.5% of Campbell & CO Investment Adviser LLC’s holdings, making the stock its 12th largest holding. Campbell & CO Investment Adviser LLC’s holdings in Packaging Corporation of America were worth $6,635,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Manchester Capital Management LLC boosted its position in shares of Packaging Corporation of America by 39.0% during the 1st quarter. Manchester Capital Management LLC now owns 203 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 57 shares in the last quarter. Cary Street Partners Financial LLC boosted its position in shares of Packaging Corporation of America by 0.7% during the 1st quarter. Cary Street Partners Financial LLC now owns 8,759 shares of the industrial products company’s stock worth $1,735,000 after acquiring an additional 59 shares in the last quarter. Horizon Investments LLC boosted its position in shares of Packaging Corporation of America by 4.8% during the 1st quarter. Horizon Investments LLC now owns 1,291 shares of the industrial products company’s stock worth $256,000 after acquiring an additional 59 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Packaging Corporation of America by 20.6% during the 1st quarter. Exchange Traded Concepts LLC now owns 387 shares of the industrial products company’s stock worth $77,000 after acquiring an additional 66 shares in the last quarter. Finally, TCTC Holdings LLC boosted its position in shares of Packaging Corporation of America by 86.4% during the 1st quarter. TCTC Holdings LLC now owns 151 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 70 shares in the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PKG. Truist Financial reduced their price target on shares of Packaging Corporation of America from $239.00 to $238.00 and set a “buy” rating on the stock in a research report on Friday, July 25th. Citigroup increased their price target on shares of Packaging Corporation of America from $197.00 to $214.00 and gave the stock a “neutral” rating in a research report on Friday, July 25th. Wells Fargo & Company raised their target price on shares of Packaging Corporation of America from $180.00 to $200.00 and gave the company an “equal weight” rating in a research report on Thursday, July 10th. UBS Group raised their target price on shares of Packaging Corporation of America from $210.00 to $220.00 and gave the company a “neutral” rating in a research report on Tuesday, July 29th. Finally, Jefferies Financial Group lowered shares of Packaging Corporation of America from a “buy” rating to a “hold” rating and cut their target price for the company from $245.00 to $205.00 in a research report on Monday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $215.40.

Packaging Corporation of America Price Performance

PKG stock opened at $212.6010 on Friday. The company has a fifty day moving average price of $197.84 and a 200-day moving average price of $196.13. The company has a market capitalization of $19.13 billion, a P/E ratio of 21.22, a PEG ratio of 2.50 and a beta of 0.85. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $250.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.32 and a current ratio of 3.54.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings results on Wednesday, July 23rd. The industrial products company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.44 by $0.04. The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.18 billion. Packaging Corporation of America had a net margin of 10.47% and a return on equity of 20.08%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.20 earnings per share. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. As a group, equities analysts expect that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be paid a dividend of $1.25 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 49.90%.

About Packaging Corporation of America

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.