Packaging Corporation of America $PKG Shares Purchased by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund raised its stake in Packaging Corporation of America (NYSE:PKG) by 32.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,264 shares of the industrial products company’s stock after acquiring an additional 2,508 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Packaging Corporation of America were worth $2,237,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Bruce G. Allen Investments LLC boosted its holdings 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 buying an additional 57 shares in the last quarter. Trust Co. of Toledo NA OH acquired a new stake in Packaging Corporation of America during the 2nd quarter worth $33,000. Geneos Wealth Management Inc. lifted its position in 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 valued at $39,000 after acquiring an additional 57 shares during the last quarter. Global Wealth Strategies & Associates acquired a new position in Packaging Corporation of America in the third quarter valued at $44,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Packaging Corporation of America during the second quarter worth about $44,000. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on PKG shares. Zacks Research raised Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. Citigroup cut their price target on Packaging Corporation of America from $229.00 to $226.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 6th. Wall Street Zen upgraded Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Wells Fargo & Company raised Packaging Corporation of America from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $222.00 to $233.00 in a report on Tuesday, January 6th. Finally, Truist Financial lifted their target price on shares of Packaging Corporation of America from $263.00 to $273.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $236.17.

Packaging Corporation of America Stock Down 1.1%

Packaging Corporation of America stock opened at $216.98 on Tuesday. The stock has a 50 day moving average of $202.99 and a two-hundred day moving average of $205.10. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $242.68. The stock has a market capitalization of $19.52 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 1.67 and a beta of 0.88. The company has a current ratio of 3.16, a quick ratio of 2.00 and a debt-to-equity ratio of 0.84.

Packaging Corporation of America (NYSE:PKG) last released its 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). Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the firm posted $2.65 EPS. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. As a group, research analysts expect that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 15th will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Monday, December 15th. Packaging Corporation of America’s dividend payout ratio (DPR) is 50.56%.

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.