Packaging Corporation of America (NYSE:PKG) Shares Unloaded Rep. April McClain Delaney

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Packaging Corporation of America (NYSE:PKG). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $50,001 and $100,000 in Packaging Corporation of America stock on August 25th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.

Packaging Corporation of America Price Performance

Shares of PKG stock traded up $2.31 on Friday, reaching $234.72. The company had a trading volume of 876,482 shares, compared to its average volume of 836,311. The stock has a market capitalization of $20.91 billion, a PE ratio of 30.48, a price-to-earnings-growth ratio of 2.31 and a beta of 0.78. The company has a quick ratio of 1.86, a current ratio of 2.94 and a debt-to-equity ratio of 0.85. Packaging Corporation of America has a one year low of $191.50 and a one year high of $259.98. The business’s 50-day moving average is $241.82 and its 200 day moving average is $227.43.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $2.35 EPS for the quarter, beating the consensus estimate 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 business had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the prior year, the firm earned $2.48 EPS. The firm’s revenue was up 14.7% compared to the same quarter last year. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. Equities research analysts forecast that Packaging Corporation of America will post 10.48 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $1.50 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $6.00 annualized dividend and a yield of 2.6%. Packaging Corporation of America’s payout ratio is presently 77.92%.

Insider Activity at Packaging Corporation of America

In other Packaging Corporation of America news, VP Donald R. Shirley sold 12,000 shares of the firm’s 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 completion of the sale, the vice president directly owned 19,110 shares in the company, valued at approximately $4,791,068.10. This trade represents a 38.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 sale, the president directly owned 218,751 shares of the company’s stock, valued at approximately $54,687,750. This trade represents a 5.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 40,391 shares of company stock worth $10,196,101. Insiders own 1.60% of the company’s stock.

Key Headlines Impacting Packaging Corporation of America

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: Bank of America maintained a Buy rating on PKG while lowering its price target from $280 to $260. The revised target still implies approximately 10.8% upside from the referenced $234.72 share price, suggesting the firm sees further appreciation potential. Tickerreport article
• Positive Sentiment: Zacks Research raised its earnings forecasts across several periods. Estimates increased to $2.76 per share for fourth-quarter 2026, $2.98 for second-quarter 2027, $3.36 for third-quarter 2027, and $3.24 for both fourth-quarter 2027 and first-quarter 2028. Full-year forecasts also rose to $12.46 for 2027 and $14.60 for 2028. Although the increases were small, the revisions indicate slightly improved expectations for PKG’s future profitability.
• Neutral Sentiment: Packaging Corporation of America also presented at the Jefferies Global Industrials Conference. The transcript provides investors with additional management commentary, but no specific new guidance or material business announcement was identified in the available report. Jefferies Global Industrials Conference transcript

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PKG. Weiss Ratings raised Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 25th. Bank of America dropped their price objective on shares of Packaging Corporation of America from $280.00 to $260.00 and set a “buy” rating for the company in a report on Friday. Truist Financial lifted their target price on shares of Packaging Corporation of America from $258.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Citigroup boosted their target price on shares of Packaging Corporation of America from $241.00 to $254.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. 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’s stock. According to MarketBeat.com, Packaging Corporation of America has a consensus rating of “Moderate Buy” and an average price target of $264.14.

Hedge Funds Weigh In On Packaging Corporation of America

A number of hedge funds have recently bought and sold shares of the company. Talon Private Wealth LLC lifted its stake in shares of Packaging Corporation of America by 21.0% in the 2nd quarter. Talon Private Wealth LLC now owns 11,263 shares of the industrial products company’s stock valued at $2,684,000 after purchasing an additional 1,954 shares during the period. National Pension Service grew its stake in Packaging Corporation of America by 11.1% during the second quarter. National Pension Service now owns 6,305 shares of the industrial products company’s stock worth $1,502,000 after purchasing an additional 631 shares during the period. Cidel Asset Management Inc. acquired a new stake in Packaging Corporation of America during the second quarter worth approximately $208,000. Summit Financial Strategies Inc. increased its holdings in Packaging Corporation of America by 7.9% in the second quarter. Summit Financial Strategies Inc. now owns 265,099 shares of the industrial products company’s stock worth $63,168,000 after purchasing an additional 19,442 shares in the last quarter. Finally, Teamwork Financial Advisors LLC increased its holdings in Packaging Corporation of America by 13.5% in the second quarter. Teamwork Financial Advisors LLC now owns 51,926 shares of the industrial products company’s stock worth $12,373,000 after purchasing an additional 6,170 shares in the last quarter. Institutional investors own 89.78% of the company’s stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Packaging Corporation of America

Packaging Corporation of America (NYSE: PKG) manufactures and sells containerboard and corrugated packaging products. Its offerings include shipping boxes, retail displays, protective packaging and other custom-designed packaging solutions used by businesses in a range of industries.

The company also produces uncoated paper products, including communication papers, office papers and specialty papers. PCA serves customers primarily across the United States and operates a network of paper mills, corrugated products plants, design centers and related facilities.

Packaging Corporation of America was established in 1999 following the acquisition of Tenneco Packaging by an investor group and its subsequent separation from Tenneco Inc Mark W.