Seaport Res Ptn Analysts Decrease Earnings Estimates for PKG

Packaging Corporation of America (NYSE:PKGFree Report) – Equities researchers at Seaport Res Ptn cut their FY2026 earnings per share (EPS) estimates for shares of Packaging Corporation of America in a report released on Monday, October 27th. Seaport Res Ptn analyst M. Weintraub now anticipates that the industrial products company will post earnings of $12.50 per share for the year, down from their previous forecast of $13.20. The consensus estimate for Packaging Corporation of America’s current full-year earnings is $10.44 per share.

Several other equities analysts also recently weighed in on PKG. 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 research report on Monday, October 6th. Weiss Ratings lowered shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. JPMorgan Chase & Co. initiated coverage on shares of Packaging Corporation of America in a research report on Wednesday, September 24th. They issued an “overweight” rating and a $242.00 target price on the stock. UBS Group upped their price target on shares of Packaging Corporation of America from $225.00 to $230.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Finally, Zacks Research downgraded shares of Packaging Corporation of America from a “strong-buy” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Packaging Corporation of America currently has a consensus rating of “Hold” and a consensus target price of $230.17.

Read Our Latest Stock Analysis on PKG

Packaging Corporation of America Trading Down 0.3%

Shares of Packaging Corporation of America stock opened at $196.15 on Wednesday. Packaging Corporation of America has a fifty-two week low of $172.71 and a fifty-two week high of $250.82. The business’s fifty day moving average is $211.86 and its two-hundred day moving average is $199.96. The company has a quick ratio of 2.32, a current ratio of 3.54 and a debt-to-equity ratio of 0.54. The firm has a market cap of $17.65 billion, a PE ratio of 19.83, a P/E/G ratio of 1.44 and a beta of 0.91.

Packaging Corporation of America (NYSE:PKGGet Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 EPS for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Packaging Corporation of America had a return on equity of 19.98% and a net margin of 10.18%.The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS.

Institutional Trading of Packaging Corporation of America

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Clearstead Trust LLC boosted its holdings in Packaging Corporation of America by 118.6% in the first quarter. Clearstead Trust LLC now owns 129 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 70 shares during the last quarter. Bruce G. Allen Investments LLC raised its position in shares of Packaging Corporation of America by 72.2% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 136 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 57 shares in the last quarter. TCTC Holdings LLC raised its position in shares of Packaging Corporation of America by 86.4% in the 1st quarter. TCTC Holdings LLC now owns 151 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 70 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new position in shares of Packaging Corporation of America during the 2nd quarter valued at approximately $33,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Packaging Corporation of America by 40.4% during the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after buying an additional 57 shares in the last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Packaging Corporation of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th were paid a $1.25 dividend. The ex-dividend date was Monday, September 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.5%. Packaging Corporation of America’s dividend payout ratio is 50.56%.

About Packaging Corporation of America

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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.

See Also

Earnings History and Estimates for Packaging Corporation of America (NYSE:PKG)

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