3,436 Shares in Packaging Corporation of America $PKG Purchased by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in shares of 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 bought 3,436 shares of the industrial products company’s stock, valued at approximately $819,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. DV Equities LLC acquired a new stake in shares of Packaging Corporation of America during the 4th quarter worth approximately $26,000. Covestor Ltd lifted its holdings 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 valued at $32,000 after acquiring an additional 91 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings 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 valued at $34,000 after acquiring an additional 80 shares during the last quarter. Navalign LLC purchased a new position in Packaging Corporation of America in the fourth quarter worth approximately $36,000. Finally, Geneos Wealth Management Inc. grew its position in 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. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PKG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on Packaging Corporation of America from $269.00 to $271.00 and gave the company an “overweight” rating in a research report on Friday, July 24th. Truist Financial increased their price target 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. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and raised their price objective for the stock from $225.00 to $256.00 in a research report on Monday, May 4th. Bank of America boosted their price objective on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Finally, Weiss Ratings cut shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. One equities research 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $264.57.

Insider Transactions at Packaging Corporation of America

In other Packaging Corporation of America news, VP Donald R. Shirley sold 12,000 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $250.71, for a total transaction of $3,008,520.00. Following the sale, the vice president directly owned 19,110 shares in the company, valued at $4,791,068.10. This represents a 38.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Thomas A. Hassfurther sold 12,531 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the completion of the transaction, the president directly owned 218,751 shares of the company’s stock, valued at approximately $54,687,750. The trade was a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 40,391 shares of company stock valued at $10,196,101 over the last 90 days. 1.60% of the stock is currently owned by company insiders.

Packaging Corporation of America Stock Up 0.2%

Packaging Corporation of America stock opened at $246.92 on Thursday. The company has a market capitalization of $22.00 billion, a PE ratio of 32.07, a price-to-earnings-growth ratio of 2.33 and a beta of 0.80. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.86 and a current ratio of 2.94. Packaging Corporation of America has a fifty-two week low of $191.50 and a fifty-two week high of $259.98. The firm has a 50 day moving average price of $242.11 and a 200 day moving average price of $227.94.

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, topping the consensus estimate of $2.31 by $0.04. The business had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.49 billion. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%.The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the business posted $2.48 earnings per share. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. Research analysts expect that Packaging Corporation of America will post 10.48 earnings per share 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.