Packaging Corporation of America $PKG Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC reduced its position in Packaging Corporation of America (NYSE:PKG) by 85.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,258 shares of the industrial products company’s stock after selling 59,984 shares during the quarter. Intech Investment Management LLC’s holdings in Packaging Corporation of America were worth $2,236,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. World Investment Advisors boosted its stake in Packaging Corporation of America by 4.1% during the 3rd quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock worth $279,000 after purchasing an additional 50 shares during the period. Advyzon Investment Management LLC boosted its stake in shares of Packaging Corporation of America by 3.3% during the second quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock worth $303,000 after buying an additional 52 shares during the period. Argent Advisors Inc. boosted its stake in shares of Packaging Corporation of America by 1.9% during the third quarter. Argent Advisors Inc. now owns 2,852 shares of the industrial products company’s stock worth $622,000 after buying an additional 52 shares during the period. Eastern Bank grew its holdings in shares of Packaging Corporation of America by 11.0% during the third quarter. Eastern Bank now owns 555 shares of the industrial products company’s stock worth $121,000 after buying an additional 55 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its position in Packaging Corporation of America by 40.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 57 shares during the period. 89.78% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction on Thursday, February 5th. The stock was 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. The trade was a 5.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 1.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PKG. Truist Financial decreased their price objective on Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Citigroup increased their price target on Packaging Corporation of America from $226.00 to $227.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Argus raised shares of Packaging Corporation of America to a “strong-buy” rating in a research note on Thursday, February 26th. Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Finally, UBS Group lifted their target price on shares of Packaging Corporation of America from $230.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $236.00.

Packaging Corporation of America Price Performance

Packaging Corporation of America stock opened at $231.90 on Wednesday. The company has a market cap of $20.69 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 1.78 and a beta of 0.88. Packaging Corporation of America has a one year low of $172.71 and a one year high of $249.51. The business has a fifty day moving average of $224.30 and a two-hundred day moving average of $212.71. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.94 and a current ratio of 3.17.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly 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 company had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. As a group, analysts predict that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be issued a $1.25 dividend. The ex-dividend date is Friday, March 13th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.2%. Packaging Corporation of America’s dividend payout ratio is currently 58.34%.

Packaging Corporation of America 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.