Packaging Corporation of America (NYSE:PKG) Price Target Lowered to $225.00 at UBS Group

by · The Cerbat Gem

Packaging Corporation of America (NYSE:PKG – Free Report) had its price objective reduced by UBS Group from $226.00 to $225.00 in a report published on Thursday morning,Benzinga reports. UBS Group currently has a neutral rating on the industrial products company’s stock.

PKG has been the subject of several other reports. Zacks Research raised shares of Packaging Corporation of America from a “hold” rating to a “strong-buy” rating in a report on Friday, September 26th. Wells Fargo & Company increased 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 report on Tuesday, October 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Packaging Corporation of America in a report on Wednesday, October 8th. Citigroup increased 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 report on Monday, October 6th. Finally, Truist Financial increased their target price on shares of Packaging Corporation of America from $262.00 to $264.00 and gave the stock a “buy” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $229.33.

View Our Latest Report on PKG

Packaging Corporation of America Trading Down 2.0%

Shares of Packaging Corporation of America stock opened at $205.38 on Thursday. The company’s fifty day simple moving average is $210.53 and its 200-day simple moving average is $198.65. The stock has a market capitalization of $18.48 billion, a PE ratio of 20.50, a P/E/G ratio of 1.23 and a beta of 0.91. Packaging Corporation of America has a 1-year low of $172.71 and a 1-year high of $250.82. 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 (NYSE:PKG – Get Free Report) last released its earnings results on Wednesday, July 23rd. The industrial products company reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.04. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.18 billion. Packaging Corporation of America had a net margin of 10.47% and a return on equity of 20.08%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.20 EPS. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. As a group, equities analysts anticipate 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. Stockholders of record on Monday, September 15th were given a dividend of $1.25 per share. The ex-dividend date was Monday, September 15th. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. Packaging Corporation of America’s dividend payout ratio (DPR) is presently 49.90%.

Insider Buying and Selling at Packaging Corporation of America

In related news, CEO Mark W. Kowlzan sold 25,000 shares of the firm’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 directly owned 437,378 shares of the company’s stock, valued at approximately $94,460,526.66. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Packaging Corporation of America

Several large investors have recently bought and sold shares of the business. 180 Wealth Advisors LLC bought a new stake in Packaging Corporation of America in the third quarter worth $214,000. Carnegie Investment Counsel increased its position in Packaging Corporation of America by 32.2% in the third quarter. Carnegie Investment Counsel now owns 12,679 shares of the industrial products company’s stock worth $2,763,000 after purchasing an additional 3,085 shares during the last quarter. Burney Co. increased its position in Packaging Corporation of America by 349.3% in the third quarter. Burney Co. now owns 11,066 shares of the industrial products company’s stock worth $2,412,000 after purchasing an additional 8,603 shares during the last quarter. Blue Trust Inc. increased its position in Packaging Corporation of America by 21.5% in the third quarter. Blue Trust Inc. now owns 3,552 shares of the industrial products company’s stock worth $774,000 after purchasing an additional 628 shares during the last quarter. Finally, CWM LLC increased its position in Packaging Corporation of America by 118.5% in the third quarter. CWM LLC now owns 30,720 shares of the industrial products company’s stock worth $6,695,000 after purchasing an additional 16,662 shares during the last quarter. Institutional investors own 89.78% of the company’s stock.

About Packaging Corporation of America

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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.

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