Packaging Corporation of America (NYSE:PKG) Research Coverage Started at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Packaging Corporation of America (NYSE:PKG) in a research note issued to investors on Wednesday, MarketBeat reports. The brokerage issued a hold rating and a $225.00 price target on the industrial products company’s stock.

PKG has been the topic of several other reports. Argus raised Packaging Corporation of America to a “strong-buy” rating in a research note on Thursday, February 26th. JPMorgan Chase & Co. increased their price objective on Packaging Corporation of America from $238.00 to $245.00 and gave the stock an “overweight” rating in a report on Friday, December 5th. Citigroup lifted their price objective on Packaging Corporation of America from $226.00 to $227.00 and gave the stock a “neutral” rating in a research report on Thursday, January 29th. Zacks Research raised Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. Finally, Truist Financial decreased their target price on Packaging Corporation of America from $273.00 to $270.00 and set a “buy” rating for the company in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $234.43.

Packaging Corporation of America Trading Up 0.1%

Shares of PKG opened at $204.67 on Wednesday. The stock has a market capitalization of $18.22 billion, a P/E ratio of 23.88, a PEG ratio of 1.53 and a beta of 0.90. Packaging Corporation of America has a twelve month low of $172.71 and a twelve month high of $249.51. The company has a quick ratio of 1.94, a current ratio of 3.17 and a debt-to-equity ratio of 0.86. The firm has a fifty day simple moving average of $224.29 and a two-hundred day simple moving average of $213.04.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings data 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 net margin of 8.61% and a return on equity of 19.22%. Packaging Corporation of America’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.47 EPS. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. On average, research analysts anticipate that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 13th will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, March 13th. Packaging Corporation of America’s dividend payout ratio is presently 58.34%.

Insider Buying and Selling

In other Packaging Corporation of America news, President Thomas A. Hassfurther sold 12,129 shares of Packaging Corporation of America stock in a transaction that occurred 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 sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC grew its stake in Packaging Corporation of America by 105.4% in the third quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 59 shares during the period. DV Equities LLC purchased a new position in Packaging Corporation of America during the fourth quarter valued at $26,000. KERR FINANCIAL PLANNING Corp purchased a new position in Packaging Corporation of America during the third quarter valued at $31,000. Covestor Ltd boosted its holdings in shares of Packaging Corporation of America by 140.0% during the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock valued at $32,000 after buying an additional 91 shares in the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in shares of Packaging Corporation of America by 94.1% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after buying an additional 80 shares in the last quarter. Institutional investors own 89.78% of the company’s stock.

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.