Metis Global Partners LLC Raises Holdings in Packaging Corporation of America $PKG

Metis Global Partners LLC increased its position in shares of Packaging Corporation of America (NYSE:PKG) by 22.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,325 shares of the industrial products company’s stock after buying an additional 2,459 shares during the period. Metis Global Partners LLC’s holdings in Packaging Corporation of America were worth $2,904,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in PKG. Ashton Thomas Private Wealth LLC bought a new position in Packaging Corporation of America in the third quarter worth about $485,000. Envestnet Asset Management Inc. boosted its holdings in shares of Packaging Corporation of America by 10.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 220,499 shares of the industrial products company’s stock valued at $48,053,000 after buying an additional 20,016 shares in the last quarter. Vise Technologies Inc. purchased a new position in shares of Packaging Corporation of America in the 2nd quarter worth approximately $1,306,000. Atlas FRM LLC raised its stake in shares of Packaging Corporation of America by 59.7% during the 2nd quarter. Atlas FRM LLC now owns 535,000 shares of the industrial products company’s stock worth $100,821,000 after acquiring an additional 200,000 shares in the last quarter. Finally, Carnegie Investment Counsel raised its stake in shares of Packaging Corporation of America by 32.2% during the 3rd quarter. Carnegie Investment Counsel now owns 12,679 shares of the industrial products company’s stock worth $2,763,000 after acquiring an additional 3,085 shares in the last quarter. 89.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on PKG shares. Citigroup raised their target price on shares of Packaging Corporation of America from $226.00 to $227.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. JPMorgan Chase & Co. increased their price objective on Packaging Corporation of America from $238.00 to $245.00 and gave the company an “overweight” rating in a report on Friday, December 5th. Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a research report on Saturday, January 3rd. Wells Fargo & Company upped their target price on Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, UBS Group increased their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $236.00.

Insiders Place Their Bets

In related news, President Thomas A. Hassfurther sold 12,129 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $230.50, for a total value of $2,795,734.50. Following the transaction, the president owned 197,062 shares in the company, valued at approximately $45,422,791. This represents a 5.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.50% of the company’s stock.

Packaging Corporation of America Price Performance

Shares of PKG opened at $246.00 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 3.16 and a quick ratio of 2.00. The company’s fifty day moving average price is $216.73 and its 200-day moving average price is $209.32. Packaging Corporation of America has a 1-year low of $172.71 and a 1-year high of $249.51. The firm has a market capitalization of $22.13 billion, a PE ratio of 28.70, a price-to-earnings-growth ratio of 1.89 and a beta of 0.88.

Packaging Corporation of America (NYSE:PKG) last issued its earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09). The firm had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Packaging Corporation of America had a return on equity of 19.18% and a net margin of 8.61%.The business’s revenue was up 10.1% on a year-over-year basis. During the same quarter last year, the business earned $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. On average, equities research analysts predict that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 15th were given a $1.25 dividend. The ex-dividend date was Monday, December 15th. This represents a $5.00 dividend on an annualized basis and a yield of 2.0%. Packaging Corporation of America’s dividend payout ratio is currently 58.34%.

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.