United Capital Financial Advisors LLC Takes $781,000 Position in Packaging Corporation of America $PKG

United Capital Financial Advisors LLC bought a new stake in shares of Packaging Corporation of America (NYSE:PKG) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,279 shares of the industrial products company’s stock, valued at approximately $781,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. DV Equities LLC bought a new position in Packaging Corporation of America in the 4th quarter valued at about $26,000. Covestor Ltd raised its position in shares of Packaging Corporation of America by 140.0% during the fourth quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 91 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its stake in Packaging Corporation of America by 94.1% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after buying an additional 80 shares in the last quarter. Navalign LLC acquired a new stake in shares of Packaging Corporation of America during the fourth quarter valued at approximately $36,000. Finally, Fiduciary Financial Advisors acquired a new stake in shares of Packaging Corporation of America during the second quarter valued at approximately $36,000. Institutional investors own 89.78% of the company’s stock.

Insider Buying and Selling at Packaging Corporation of America

In related news, President Thomas A. Hassfurther sold 7,063 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,794,002.00. Following the completion of the sale, the president directly owned 202,891 shares in the company, valued at approximately $51,534,314. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Donald R. Shirley sold 12,000 shares of Packaging Corporation of America stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $250.71, for a total value of $3,008,520.00. Following the sale, the vice president directly owned 19,110 shares of the company’s stock, valued at approximately $4,791,068.10. The trade was a 38.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 40,391 shares of company stock valued at $10,196,101. 1.60% of the stock is owned by corporate insiders.

Packaging Corporation of America Stock Up 0.2%

Packaging Corporation of America stock opened at $240.87 on Monday. Packaging Corporation of America has a twelve month low of $191.50 and a twelve month high of $259.98. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.86 and a current ratio of 2.94. The firm has a market cap of $21.46 billion, a PE ratio of 31.28, a P/E/G ratio of 2.27 and a beta of 0.80. The firm’s 50 day moving average price is $242.62 and its two-hundred day moving average price is $227.98.

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

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Truist Financial raised their price objective on shares of Packaging Corporation of America from $258.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. UBS Group raised their target price on Packaging Corporation of America from $271.00 to $292.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Wells Fargo & Company reissued an “equal weight” rating and set a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and increased their price objective for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their price objective on Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $264.57.

Packaging Corporation of America Company 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.