SG Americas Securities LLC Purchases 28,158 Shares of Packaging Corporation of America $PKG

SG Americas Securities LLC raised its holdings in shares of Packaging Corporation of America (NYSE:PKG) by 157.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,070 shares of the industrial products company’s stock after purchasing an additional 28,158 shares during the quarter. SG Americas Securities LLC owned approximately 0.05% of Packaging Corporation of America worth $8,682,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Advyzon Investment Management LLC lifted its stake in shares of Packaging Corporation of America by 3.3% during the 2nd quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock valued at $303,000 after buying an additional 52 shares in the last quarter. Forza Wealth Management LLC raised its holdings in Packaging Corporation of America by 2.8% during the 2nd quarter. Forza Wealth Management LLC now owns 2,076 shares of the industrial products company’s stock valued at $391,000 after acquiring an additional 56 shares during the period. Manchester Capital Management LLC raised its holdings in 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 valued at $40,000 after acquiring an additional 57 shares during the period. Bruce G. Allen Investments LLC lifted its position in shares of Packaging Corporation of America by 72.2% during the second quarter. Bruce G. Allen Investments LLC now owns 136 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 57 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted 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 worth $39,000 after acquiring an additional 57 shares during the period. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Trading Down 0.8%

NYSE:PKG opened at $197.55 on Monday. The firm has a market capitalization of $17.78 billion, a P/E ratio of 19.97, a P/E/G ratio of 1.44 and a beta of 0.92. 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 company has a fifty day moving average of $208.27 and a 200 day moving average of $201.10. Packaging Corporation of America has a 52 week low of $172.71 and a 52 week high of $250.82.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.29 billion. Packaging Corporation of America had a return on equity of 19.98% and a net margin of 10.18%.Packaging Corporation of America’s revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $2.65 EPS. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. On average, research analysts predict that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. started coverage on Packaging Corporation of America in a report on Wednesday, September 24th. They set an “overweight” rating and a $242.00 price objective on the stock. Truist Financial raised their price objective on shares of Packaging Corporation of America from $262.00 to $264.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Wall Street Zen lowered shares of Packaging Corporation of America from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a research report on Thursday. Finally, Wells Fargo & Company upped their price target on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $230.17.

Insiders Place Their Bets

In other news, CEO Mark W. Kowlzan sold 25,000 shares of Packaging Corporation of America stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $215.97, for a total value of $5,399,250.00. Following the sale, 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.50% of the company’s stock.

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.