Analysts Set Packaging Corporation of America (NYSE:PKG) PT at $236.00

Shares of Packaging Corporation of America (NYSE:PKG) have received a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $236.00.

A number of research analysts have issued reports on PKG shares. Weiss Ratings restated a “buy (b-)” rating on shares of Packaging Corporation of America in a research note on Monday, December 29th. Zacks Research raised shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. Truist Financial cut their target price on Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. UBS Group lifted their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Finally, Wells Fargo & Company boosted their price target on Packaging Corporation of America from $233.00 to $234.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th.

Insiders Place Their Bets

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

Institutional Trading of Packaging Corporation of America

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new position in shares of Packaging Corporation of America in the 3rd quarter valued at $485,000. Envestnet Asset Management Inc. grew its position in Packaging Corporation of America by 10.0% during the third 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 during the period. Vise Technologies Inc. acquired a new stake in Packaging Corporation of America during the second quarter valued at $1,306,000. Atlas FRM LLC increased its holdings in Packaging Corporation of America by 59.7% in the second quarter. Atlas FRM LLC now owns 535,000 shares of the industrial products company’s stock valued at $100,821,000 after buying an additional 200,000 shares in the last quarter. Finally, Carnegie Investment Counsel raised its position in shares of Packaging Corporation of America by 32.2% in the third 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 during the period. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Trading Down 0.8%

Shares of NYSE:PKG opened at $237.11 on Friday. The business’s 50-day moving average is $220.69 and its 200 day moving average is $210.81. The company has a debt-to-equity ratio of 0.84, a current ratio of 3.16 and a quick ratio of 2.00. 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 $21.34 billion, a P/E ratio of 27.67, a P/E/G ratio of 1.84 and a beta of 0.88.

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

Packaging Corporation of America Dividend Announcement

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 2.1%. Packaging Corporation of America’s dividend payout ratio is currently 58.34%.

About Packaging Corporation of America

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.