Packaging Corporation of America (NYSE:PKG) Issues Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Packaging Corporation of America (NYSE:PKG) announced its quarterly earnings results on Tuesday. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.41 by ($0.09), Zacks reports. The business had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.43 billion. Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period last year, the company earned $2.47 earnings per share. Packaging Corporation of America updated its Q1 2026 guidance to 2.200-2.20 EPS.

Packaging Corporation of America Stock Performance

NYSE PKG opened at $223.28 on Wednesday. The firm has a market cap of $20.09 billion, a P/E ratio of 22.58, a P/E/G ratio of 1.66 and a beta of 0.88. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $239.66. The business’s 50-day moving average price is $207.82 and its 200 day moving average price is $206.66. The company has a quick ratio of 2.00, a current ratio of 3.16 and a debt-to-equity ratio of 0.84.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 15th were paid a dividend of $1.25 per share. The ex-dividend date was Monday, December 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.2%. Packaging Corporation of America’s dividend payout ratio is 50.56%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Packaging Corporation of America from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. Truist Financial boosted their price target on shares of Packaging Corporation of America from $263.00 to $273.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. UBS Group raised their price objective on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Zacks Research upgraded Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, JPMorgan Chase & Co. boosted their target price 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. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $236.17.

Institutional Trading of Packaging Corporation of America

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC boosted its holdings in Packaging Corporation of America by 43.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock valued at $334,000 after purchasing an additional 537 shares in the last quarter. Equitable Holdings Inc. lifted its holdings in shares of Packaging Corporation of America by 7.3% in the 3rd quarter. Equitable Holdings Inc. now owns 1,303 shares of the industrial products company’s stock valued at $284,000 after buying an additional 89 shares during the period. Banco BTG Pactual S.A. purchased a new stake in shares of Packaging Corporation of America in the third quarter valued at approximately $226,000. Rehmann Capital Advisory Group boosted its stake in shares of Packaging Corporation of America by 15.1% in the third quarter. Rehmann Capital Advisory Group now owns 1,473 shares of the industrial products company’s stock valued at $322,000 after buying an additional 193 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in Packaging Corporation of America during the second quarter worth $230,000. 89.78% of the stock is owned by hedge funds and other institutional investors.

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.