Capstone Investment Advisors LLC Buys New Stake in Packaging Corporation of America $PKG

Capstone Investment Advisors LLC purchased a new position in shares of Packaging Corporation of America (NYSE:PKG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,852 shares of the industrial products company’s stock, valued at approximately $1,871,000.

Several other institutional investors and hedge funds have also made changes to their positions in PKG. Smartleaf Asset Management LLC raised its position in shares of Packaging Corporation of America by 5.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,045 shares of the industrial products company’s stock worth $218,000 after acquiring an additional 52 shares in the last quarter. TD Private Client Wealth LLC increased its stake in Packaging Corporation of America by 2.9% in the fourth quarter. TD Private Client Wealth LLC now owns 1,929 shares of the industrial products company’s stock valued at $398,000 after purchasing an additional 54 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in 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 purchasing an additional 57 shares in the last quarter. Root Financial Partners LLC raised its holdings in Packaging Corporation of America by 28.4% during the first quarter. Root Financial Partners LLC now owns 276 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 61 shares in the last quarter. Finally, CX Institutional lifted its position in shares of Packaging Corporation of America by 8.2% during the 2nd quarter. CX Institutional now owns 816 shares of the industrial products company’s stock worth $195,000 after buying an additional 62 shares during the last quarter. 89.78% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Packaging Corporation of America

In related news, VP Donald R. Shirley sold 12,000 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $250.71, for a total transaction of $3,008,520.00. Following the completion of the sale, the vice president directly owned 19,110 shares of the company’s stock, valued at $4,791,068.10. This trade represents a 38.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Thomas A. Hassfurther sold 12,531 shares of Packaging Corporation of America stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the completion of the transaction, the president owned 218,751 shares in the company, valued at approximately $54,687,750. This trade represents a 5.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 40,391 shares of company stock worth $10,196,101 over the last quarter. Company insiders own 1.60% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on PKG. Bank of America upped their target price on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Weiss Ratings upgraded shares of Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on shares of Packaging Corporation of America from $269.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $246.00 price objective (up from $245.00) on shares of Packaging Corporation of America in a report on Thursday, July 9th. Finally, UBS Group boosted their target price on Packaging Corporation of America from $271.00 to $292.00 and gave the company a “buy” rating in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $264.57.

Packaging Corporation of America Price Performance

Shares of PKG opened at $243.47 on Friday. Packaging Corporation of America has a fifty-two week low of $191.50 and a fifty-two week high of $259.98. The company has a market capitalization of $21.69 billion, a price-to-earnings ratio of 31.62, a price-to-earnings-growth ratio of 2.33 and a beta of 0.80. The firm has a 50-day simple moving average of $242.39 and a 200-day simple moving average of $227.97. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.86 and a current ratio of 2.94.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.04. The firm had revenue of $2.49 billion for the quarter, compared to analysts’ expectations of $2.49 billion. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%.The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.48 EPS. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. On average, equities research analysts anticipate that Packaging Corporation of America will post 10.48 earnings per share for the current year.

Packaging Corporation of America 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.