Yousif Capital Management LLC Cuts Stock Holdings in Packaging Corporation of America $PKG

Yousif Capital Management LLC lowered its stake in shares of Packaging Corporation of America (NYSE:PKG) by 1.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,269 shares of the industrial products company’s stock after selling 157 shares during the quarter. Yousif Capital Management LLC’s holdings in Packaging Corporation of America were worth $2,124,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Clearstead Trust LLC increased its position in shares of Packaging Corporation of America by 118.6% during the first quarter. Clearstead Trust LLC now owns 129 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 70 shares during the period. Bruce G. Allen Investments LLC increased its position in shares of Packaging Corporation of America by 72.2% during the second quarter. Bruce G. Allen Investments LLC now owns 136 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 57 shares during the period. TCTC Holdings LLC increased its position in shares of Packaging Corporation of America by 86.4% during the first quarter. TCTC Holdings LLC now owns 151 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 70 shares during the period. Trust Co. of Toledo NA OH purchased a new stake in shares of Packaging Corporation of America during the second quarter worth $33,000. Finally, Alpine Bank Wealth Management purchased a new stake in shares of Packaging Corporation of America during the first quarter worth $39,000. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Packaging Corporation of America Stock Performance

NYSE PKG opened at $203.45 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.54 and a quick ratio of 2.32. Packaging Corporation of America has a 1 year low of $172.71 and a 1 year high of $250.82. The company has a market capitalization of $18.31 billion, a PE ratio of 20.30, a P/E/G ratio of 1.19 and a beta of 0.91. The company has a fifty day moving average of $210.67 and a two-hundred day moving average of $198.65.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings data on Wednesday, July 23rd. The industrial products company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.44 by $0.04. Packaging Corporation of America had a net margin of 10.47% and a return on equity of 20.08%. The company had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the firm posted $2.20 earnings per share. Packaging Corporation of America’s revenue for the quarter was up 4.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. As a group, analysts expect that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Packaging Corporation of America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th were paid a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.5%. The ex-dividend date was Monday, September 15th. Packaging Corporation of America’s dividend payout ratio is currently 49.90%.

Insider Transactions at Packaging Corporation of America

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 25,000 shares of the company’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $215.97, for a total value of $5,399,250.00. Following the completion of the transaction, the chief executive officer owned 437,378 shares in the company, valued at $94,460,526.66. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

PKG has been the topic of a number of recent research reports. JPMorgan Chase & Co. initiated coverage on Packaging Corporation of America in a research report on Wednesday, September 24th. They set an “overweight” rating and a $242.00 price objective on the stock. Citigroup boosted their target price on shares of Packaging Corporation of America from $214.00 to $218.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Zacks Research upgraded shares of Packaging Corporation of America from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 26th. Wells Fargo & Company boosted their target price on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 7th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Packaging Corporation of America in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $229.33.

About Packaging Corporation of America

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.