Packaging Corporation of America $PKG Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB grew its stake in shares of Packaging Corporation of America (NYSE:PKG) by 6.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,030 shares of the industrial products company’s stock after buying an additional 3,482 shares during the quarter. Handelsbanken Fonder AB owned about 0.07% of Packaging Corporation of America worth $13,827,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. DV Equities LLC acquired a new position in shares of Packaging Corporation of America during the fourth quarter valued at approximately $26,000. Covestor Ltd lifted its position in Packaging Corporation of America by 140.0% in the fourth quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 91 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in Packaging Corporation of America by 94.1% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 80 shares during the period. Navalign LLC bought a new position in Packaging Corporation of America during the 4th quarter valued at $36,000. Finally, Geneos Wealth Management Inc. boosted its stake in Packaging Corporation of America by 40.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 57 shares in the last quarter. 89.78% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total value of $2,011,463.28. Following the completion of the sale, the chief executive officer owned 473,610 shares in the company, valued at $102,811,258.80. This represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Thomas A. Hassfurther sold 12,531 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $250.00, for a total value of $3,132,750.00. Following the completion of the sale, the president directly owned 218,751 shares of the company’s stock, valued at approximately $54,687,750. This trade represents a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 37,657 shares of company stock worth $9,199,044. Corporate insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Wells Fargo & Company reissued an “equal weight” rating and issued a $246.00 price objective (up from $245.00) on shares of Packaging Corporation of America in a research note on Thursday, July 9th. Truist Financial raised their target price on Packaging Corporation of America from $258.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Citigroup lifted their target price on Packaging Corporation of America from $241.00 to $254.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft raised shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and upped their price target for the company from $225.00 to $256.00 in a report on Monday, May 4th. Finally, Weiss Ratings lowered shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Packaging Corporation of America currently has a consensus rating of “Moderate Buy” and a consensus price target of $264.57.

Packaging Corporation of America Stock Performance

Shares of PKG opened at $257.41 on Friday. Packaging Corporation of America has a one year low of $191.50 and a one year high of $259.98. The company has a 50-day moving average of $237.51 and a two-hundred day moving average of $226.25. The stock has a market cap of $22.93 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 2.42 and a beta of 0.80. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.07 and a quick ratio of 1.88.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.04. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.96%. The business had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same quarter in the previous year, the business earned $2.48 earnings per share. The firm’s revenue was up 14.7% compared to the same quarter last year. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. On average, equities research analysts expect that Packaging Corporation of America will post 10.48 earnings per share for the current year.

Trending Headlines about Packaging Corporation of America

Here are the key news stories impacting Packaging Corporation of America this week:

• Positive Sentiment: UBS raised its price target from $271 to $292 and upgraded its view to “buy.” The new target implies approximately 13.4% upside from the referenced share price, making this the clearest bullish catalyst for PKG. Benzinga report
• Positive Sentiment: Zacks Research increased its Q2 2028 EPS estimate to $3.73 from $3.48 and its FY2028 forecast to $14.56 from $13.99. The upgrades suggest analysts see improved longer-term earnings potential for the packaging manufacturer, supporting the investment case. MarketBeat PKG analyst estimates
• Neutral Sentiment: Packaging Corporation of America recently exceeded quarterly EPS expectations, reporting $2.35 versus the $2.31 consensus estimate, while revenue rose 14.7% year over year to $2.49 billion. However, the stock’s valuation remains elevated at roughly 33 times earnings, which could limit gains if earnings growth slows.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate to $2.91 from $3.07 and trimmed its FY2026 forecast to $10.40 from $10.42. The modest near-term reductions indicate some pressure on expected results, although the Q3 estimate matches the company’s guidance and the longer-term forecasts were raised. MarketBeat PKG earnings estimates
• Negative Sentiment: President Thomas Hassfurther sold 7,063 shares for approximately $1.79 million. The transaction reduced his direct ownership by 3.36% and may concern investors, though he continues to hold roughly 202,891 shares. InsiderTrades report on the executive sale

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.