RW Investment Management LLC Takes Position in Packaging Corporation of America $PKG

RW Investment Management LLC purchased a new position in Packaging Corporation of America (NYSE:PKG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,074 shares of the industrial products company’s stock, valued at approximately $1,686,000. Packaging Corporation of America comprises approximately 0.1% of RW Investment Management LLC’s portfolio, making the stock its 19th largest position.

Several other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new position in Packaging Corporation of America in the 2nd quarter valued at $748,095,000. Norges Bank purchased a new stake in shares of Packaging Corporation of America during the fourth quarter worth $237,649,000. Diamant Asset Management Inc. grew its holdings in shares of Packaging Corporation of America by 19,710.3% during the first quarter. Diamant Asset Management Inc. now owns 893,446 shares of the industrial products company’s stock worth $189,607,000 after buying an additional 888,936 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Packaging Corporation of America by 29.2% in the fourth quarter. Victory Capital Management Inc. now owns 2,309,412 shares of the industrial products company’s stock valued at $476,270,000 after buying an additional 521,352 shares during the last quarter. Finally, Balyasny Asset Management L.P. raised its position in shares of Packaging Corporation of America by 100.3% in the fourth quarter. Balyasny Asset Management L.P. now owns 983,216 shares of the industrial products company’s stock valued at $202,769,000 after buying an additional 492,410 shares during the last quarter. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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 transaction of $2,011,463.28. Following the completion of the transaction, the chief executive officer directly owned 473,610 shares in the company, valued at approximately $102,811,258.80. This represents a 1.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Thomas A. Hassfurther sold 7,063 shares of the firm’s stock in a transaction dated 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 $51,534,314. The trade was a 3.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 37,657 shares of company stock worth $9,199,044 in the last 90 days. Company insiders own 1.60% of the company’s stock.

Analyst Ratings Changes

PKG has been the subject of several research reports. Weiss Ratings cut shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft raised shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and raised their target price for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. Truist Financial boosted their target price 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. Wells Fargo & Company restated an “equal weight” rating and issued a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. Finally, JPMorgan Chase & Co. lifted their price objective on Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Packaging Corporation of America presently has an average rating of “Moderate Buy” and an average target price of $264.57.

Packaging Corporation of America News Roundup

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

• Positive Sentiment: UBS raised its price target to $292 from $271 and maintained a “Buy” rating, implying roughly 14.3% upside from the referenced share price. The upgrade provides a positive valuation signal for PKG. Benzinga article
• Positive Sentiment: Zacks Research increased its FY2027 EPS forecast to $12.44 from $12.08 and its FY2028 forecast to $14.56 from $13.99. The firm also raised estimates for multiple 2027 quarters and Q2 2028, signaling improved longer-term earnings expectations for Packaging Corporation of America.
• Positive Sentiment: Zacks raised its Q4 2026 EPS estimate to $2.75 from $2.62 and its Q1 2028 estimate to $3.23 from $3.13. These revisions support the view that earnings momentum could strengthen beyond the current year.
• Neutral Sentiment: The analyst revisions are mixed for 2026: FY2026 EPS was trimmed slightly to $10.40 from $10.42, while Q3 2026 EPS was reduced to $2.91 from $3.07. The current full-year consensus remains $10.48 per share, suggesting limited immediate earnings upside.
• Negative Sentiment: Thomas Hassfurther reportedly sold 7,063 PKG shares. Insider selling can weigh modestly on sentiment, although the transaction alone does not establish a change in the company’s fundamental outlook. Thomas Hassfurther sells Packaging Corporation of America shares

Packaging Corporation of America Stock Performance

Packaging Corporation of America stock opened at $255.54 on Monday. The firm has a 50 day simple moving average of $238.16 and a 200-day simple moving average of $226.49. The stock has a market cap of $22.77 billion, a price-to-earnings ratio of 33.19, a price-to-earnings-growth ratio of 2.41 and a beta of 0.80. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.94 and a quick ratio of 1.86. Packaging Corporation of America has a 1-year low of $191.50 and a 1-year high of $259.98.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 EPS for the quarter, beating the consensus estimate 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 company earned $2.48 EPS. The business’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 expect that Packaging Corporation of America will post 10.48 EPS for the current year.

About Packaging Corporation of America

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.