UBS Group Has Lowered Expectations for Packaging Corporation of America (NYSE:PKG) Stock Price

Packaging Corporation of America (NYSE:PKG) had its price objective decreased by stock analysts at UBS Group from $292.00 to $289.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. UBS Group’s target price would indicate a potential upside of 25.89% from the stock’s previous close.

A number of other research analysts also recently weighed in on PKG. JPMorgan Chase & Co. upped their target price on Packaging Corporation of America from $312.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, September 23rd. Bank of America lowered their target price on Packaging Corporation of America from $280.00 to $260.00 and set a “buy” rating for the company in a research note on Friday, September 11th. Wells Fargo & Company restated an “equal weight” rating and set a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. Truist Financial increased their price objective on Packaging Corporation of America from $258.00 to $270.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Finally, Citigroup lowered their price objective on Packaging Corporation of America from $254.00 to $253.00 and set a “neutral” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Packaging Corporation of America has an average rating of “Moderate Buy” and a consensus target price of $270.57.

Packaging Corporation of America Trading Up 0.4%

Packaging Corporation of America stock traded up $1.03 during mid-day trading on Monday, reaching $229.57. 489,522 shares of the company traded hands, compared to its average volume of 815,186. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.94 and a quick ratio of 1.86. The firm’s 50 day moving average price is $242.73 and its 200 day moving average price is $228.44. The firm has a market capitalization of $20.45 billion, a price-to-earnings ratio of 29.81, a P/E/G ratio of 1.96 and a beta of 0.75. Packaging Corporation of America has a 52-week low of $191.50 and a 52-week high of $259.98.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share 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 18.94%. The firm 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 firm posted $2.48 EPS. The company’s revenue for the quarter 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, analysts anticipate that Packaging Corporation of America will post 10.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Packaging Corporation of America

In other news, President Thomas Hassfurther sold 7,063 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $254.00, for a total value of $1,794,002.00. Following the sale, the president directly owned 202,891 shares of the company’s stock, valued at approximately $51,534,314. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Donald Shirley sold 12,000 shares of Packaging Corporation of America stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $250.71, for a total value of $3,008,520.00. Following the completion of the transaction, the vice president directly owned 19,110 shares of the company’s stock, valued at approximately $4,791,068.10. This represents a 38.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,391 shares of company stock worth $10,196,101 over the last three months. Corporate insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Ferguson Wellman Capital Management Inc. bought a new stake in shares of Packaging Corporation of America during the third quarter valued at approximately $229,000. Andra AP fonden lifted its position in Packaging Corporation of America by 4,309.0% in the 2nd quarter. Andra AP fonden now owns 4,409 shares of the industrial products company’s stock valued at $1,051,000 after acquiring an additional 4,309 shares in the last quarter. Talon Private Wealth LLC boosted its stake in Packaging Corporation of America by 21.0% during the 2nd quarter. Talon Private Wealth LLC now owns 11,263 shares of the industrial products company’s stock valued at $2,684,000 after purchasing an additional 1,954 shares during the last quarter. National Pension Service boosted its stake in Packaging Corporation of America by 11.1% during the 2nd quarter. National Pension Service now owns 6,305 shares of the industrial products company’s stock valued at $1,502,000 after purchasing an additional 631 shares during the last quarter. Finally, Cidel Asset Management Inc. bought a new stake in shares of Packaging Corporation of America in the 2nd quarter worth $208,000. Institutional investors own 89.78% of the company’s stock.

About Packaging Corporation of America

Packaging Corporation of America (NYSE: PKG) is a manufacturer of containerboard and corrugated packaging products in the United States. The company produces linerboard, corrugating medium and finished corrugated containers used to package and transport consumer, industrial, food and agricultural products.

PCA also manufactures specialty packaging products, including retail displays, protective packaging and custom-designed corrugated solutions. Through its Paper segment, the company produces and sells uncoated freesheet paper and related specialty papers for commercial printing, office use, converting and other applications.