Koshinski Asset Management Inc. Has $414,000 Stake in Packaging Corporation of America $PKG

Koshinski Asset Management Inc. decreased its stake in shares of Packaging Corporation of America (NYSE:PKG) by 37.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,194 shares of the industrial products company’s stock after selling 1,334 shares during the period. Koshinski Asset Management Inc.’s holdings in Packaging Corporation of America were worth $414,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Packaging Corporation of America during the 1st quarter worth approximately $2,127,000. Wealth Enhancement Advisory Services LLC grew its position in shares of Packaging Corporation of America by 5.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 28,639 shares of the industrial products company’s stock worth $5,671,000 after buying an additional 1,531 shares during the period. Brookstone Capital Management grew its position in shares of Packaging Corporation of America by 718.0% during the 1st quarter. Brookstone Capital Management now owns 10,086 shares of the industrial products company’s stock worth $1,997,000 after buying an additional 8,853 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Packaging Corporation of America by 11.3% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 250,197 shares of the industrial products company’s stock worth $49,544,000 after buying an additional 25,471 shares during the period. Finally, Consolidated Planning Corp acquired a new stake in shares of Packaging Corporation of America during the 1st quarter worth approximately $1,125,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Price Performance

Shares of NYSE:PKG opened at $205.86 on Tuesday. The company has a current ratio of 3.54, a quick ratio of 2.32 and a debt-to-equity ratio of 0.54. The stock’s fifty day simple moving average is $210.85 and its two-hundred day simple moving average is $198.88. Packaging Corporation of America has a 1-year low of $172.71 and a 1-year high of $250.82. The stock has a market cap of $18.52 billion, a PE ratio of 20.55, a price-to-earnings-growth ratio of 1.19 and a beta of 0.91.

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

Packaging Corporation of America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th were paid a dividend of $1.25 per share. The ex-dividend date was Monday, September 15th. This represents a $5.00 annualized dividend and a yield of 2.4%. Packaging Corporation of America’s dividend payout ratio (DPR) is 49.90%.

Insiders Place Their Bets

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 25,000 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the transaction, the chief executive officer directly owned 437,378 shares in the company, valued at approximately $94,460,526.66. This trade represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on PKG. JPMorgan Chase & Co. initiated coverage on shares of Packaging Corporation of America in a research report on Wednesday, September 24th. They set an “overweight” rating and a $242.00 price objective for the company. Citigroup increased their target price on Packaging Corporation of America from $214.00 to $218.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Wednesday, October 8th. UBS Group cut their target price on Packaging Corporation of America from $226.00 to $225.00 and set a “neutral” rating on the stock in a report on Thursday, October 16th. Finally, Truist Financial increased their target price on Packaging Corporation of America from $262.00 to $264.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Packaging Corporation of America has an average rating of “Moderate Buy” and an average target price of $229.33.

Packaging Corporation of America Profile

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.