Rep. April McClain Delaney Purchases Shares of Packaging Corporation of America (NYSE:PKG)

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Packaging Corporation of America (NYSE:PKG). In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Packaging Corporation of America stock on April 24th.

Representative April McClain Delaney also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Service Corporation International (NYSE:SCI) on 4/30/2026.
  • Purchased $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 4/30/2026.
  • Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 4/30/2026.
  • Sold $1,001 – $15,000 in shares of Clean Harbors (NYSE:CLH) on 4/30/2026.
  • Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 4/29/2026.
  • Purchased $1,001 – $15,000 in shares of Packaging Corporation of America (NYSE:PKG) on 4/29/2026.
  • Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 4/24/2026.
  • Sold $1,001 – $15,000 in shares of Fortune Brands Innovations (NYSE:FBIN) on 4/24/2026.
  • Sold $15,001 – $50,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 4/24/2026.
  • Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 4/21/2026.

Packaging Corporation of America Stock Performance

NYSE PKG opened at $223.43 on Friday. The business’s 50 day moving average price is $215.30 and its 200-day moving average price is $213.13. Packaging Corporation of America has a fifty-two week low of $178.32 and a fifty-two week high of $249.51. The company has a market cap of $19.89 billion, a P/E ratio of 27.18, a P/E/G ratio of 2.04 and a beta of 0.81. 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:PKGGet Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.23. The business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.45 billion. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.20%. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the firm earned $2.31 earnings per share. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. Sell-side analysts predict that Packaging Corporation of America will post 10.84 earnings per share for the current year.

Packaging Corporation of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th were paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, March 13th. Packaging Corporation of America’s payout ratio is presently 60.83%.

Hedge Funds Weigh In On Packaging Corporation of America

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of Packaging Corporation of America by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 11,279,442 shares of the industrial products company’s stock worth $2,326,159,000 after acquiring an additional 51,790 shares in the last quarter. State Street Corp boosted its position in Packaging Corporation of America by 1.3% during the fourth quarter. State Street Corp now owns 4,185,761 shares of the industrial products company’s stock valued at $868,349,000 after purchasing an additional 54,884 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Packaging Corporation of America by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,478,505 shares of the industrial products company’s stock valued at $717,372,000 after purchasing an additional 83,978 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Packaging Corporation of America by 7.5% in the fourth quarter. JPMorgan Chase & Co. now owns 3,316,670 shares of the industrial products company’s stock valued at $683,997,000 after purchasing an additional 231,474 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in Packaging Corporation of America by 2.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,816,736 shares of the industrial products company’s stock worth $580,897,000 after purchasing an additional 73,047 shares in the last quarter. Institutional investors own 89.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PKG. Wells Fargo & Company dropped their target price on shares of Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 7th. Truist Financial reiterated a “buy” rating and issued a $258.00 price target (down from $260.00) on shares of Packaging Corporation of America in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and increased their price objective for the stock from $225.00 to $256.00 in a research note on Monday. Weiss Ratings downgraded Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 27th. Finally, JPMorgan Chase & Co. lifted their target price on Packaging Corporation of America from $225.00 to $246.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Packaging Corporation of America has an average rating of “Moderate Buy” and an average price target of $234.29.

Check Out Our Latest Stock Report on Packaging Corporation of America

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Packaging Corporation of America Company Profile

(Get Free Report)

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.

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