QRG Capital Management Inc. Sells 44,796 Shares of Packaging Corporation of America $PKG

QRG Capital Management Inc. cut its stake in Packaging Corporation of America (NYSE:PKG) by 46.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,918 shares of the industrial products company’s stock after selling 44,796 shares during the quarter. QRG Capital Management Inc.’s holdings in Packaging Corporation of America were worth $11,097,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in PKG. Integrated Wealth Concepts LLC grew its position in Packaging Corporation of America by 73.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,956 shares of the industrial products company’s stock worth $585,000 after purchasing an additional 1,252 shares during the period. Empowered Funds LLC boosted its stake in shares of Packaging Corporation of America by 538.6% in the 1st quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock worth $1,248,000 after buying an additional 5,316 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Packaging Corporation of America by 40.4% in the first quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 57 shares during the period. Sivia Capital Partners LLC increased its position in Packaging Corporation of America by 43.6% during the second quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock valued at $334,000 after acquiring an additional 537 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its holdings in Packaging Corporation of America by 2.6% in the second quarter. Focus Financial Network Inc. now owns 2,884 shares of the industrial products company’s stock valued at $543,000 after acquiring an additional 73 shares during the period. 89.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PKG. Wall Street Zen upgraded Packaging Corporation of America from a “sell” rating to a “hold” rating in a research note on Saturday, January 3rd. Citigroup cut their target price on shares of Packaging Corporation of America from $229.00 to $226.00 and set a “neutral” rating for the company in a research report on Tuesday, January 6th. Zacks Research upgraded shares of Packaging Corporation of America from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. JPMorgan Chase & Co. lifted their price target on shares of Packaging Corporation of America from $238.00 to $245.00 and gave the stock an “overweight” rating in a research note on Friday, December 5th. Finally, Wells Fargo & Company upgraded Packaging Corporation of America from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $222.00 to $233.00 in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $236.17.

Packaging Corporation of America Stock Performance

Shares of NYSE PKG opened at $221.75 on Friday. The stock has a market cap of $19.95 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 1.68 and a beta of 0.88. Packaging Corporation of America has a 1 year low of $172.71 and a 1 year high of $242.68. The firm has a fifty day moving average price of $204.73 and a 200-day moving average price of $205.77. The company has a debt-to-equity ratio of 0.84, a current ratio of 3.16 and a quick ratio of 2.00.

Packaging Corporation of America (NYSE:PKG) last issued its earnings results on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share for the quarter, missing the consensus estimate of $2.83 by ($0.10). Packaging Corporation of America had a return on equity of 19.72% and a net margin of 10.18%.The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the company posted $2.65 EPS. The company’s quarterly revenue was up 6.0% on a year-over-year basis. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. Equities analysts anticipate that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 15th were given 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 2.3%. Packaging Corporation of America’s dividend payout ratio (DPR) is currently 50.56%.

Key Stories Impacting Packaging Corporation of America

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

• Positive Sentiment: Zacks raised a few quarterly estimates — Q1 2026 to $2.38 from $2.34, Q3 2026 to $3.35 from $3.34, and Q3 2027 to $3.54 from $3.52 — signaling modest upside to some near-term quarters. Zacks Research note
• Neutral Sentiment: Zacks left its rating at “Hold” and the consensus for the current full year remains ~ $10.44 EPS; overall revisions are small in magnitude, so the market reaction is muted (volume below average). This suggests limited catalyst from the note unless guidance or macro factors change. Zacks Research note
• Negative Sentiment: Zacks trimmed several estimates — Q2 2026 to $2.57 (from $2.67), Q1 2027 to $2.61 (from $2.63), Q2 2027 to $2.91 (from $2.94), Q4 2026 to $2.85 (from $2.86), FY2026 to $11.14 (from $11.22) and FY2027 to $12.26 (from $12.29). These downgrades slightly reduce multi-year EPS expectations and are the main reason investor sentiment is cautious. Zacks Research note

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.