Packaging Corporation of America $PKG is Summit Financial Strategies Inc.’s 9th Largest Position

09 Sep 2026, 12:02 by Michael Walen · The Markets Daily

Summit Financial Strategies Inc. grew its position in Packaging Corporation of America (NYSE:PKG – Free Report) by 7.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 265,099 shares of the industrial products company’s stock after purchasing an additional 19,442 shares during the period. Packaging Corporation of America comprises approximately 4.4% of Summit Financial Strategies Inc.’s holdings, making the stock its 9th largest holding. Summit Financial Strategies Inc.’s holdings in Packaging Corporation of America were worth $63,168,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Integrated Wealth Concepts LLC boosted its stake 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 lifted its holdings in shares of Packaging Corporation of America by 538.6% in the first quarter. Empowered Funds LLC now owns 6,303 shares of the industrial products company’s stock valued at $1,248,000 after purchasing an additional 5,316 shares in the last quarter. Geneos Wealth Management Inc. lifted 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 valued at $39,000 after purchasing an additional 57 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of Packaging Corporation of America by 43.6% in the second quarter. Sivia Capital Partners LLC now owns 1,770 shares of the industrial products company’s stock worth $334,000 after buying an additional 537 shares during the period. Finally, Cresset Asset Management LLC boosted its position in shares of Packaging Corporation of America by 17.0% in the second quarter. Cresset Asset Management LLC now owns 1,772 shares of the industrial products company’s stock worth $336,000 after buying an additional 258 shares during the period. Institutional investors and hedge funds own 89.78% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on PKG shares. JPMorgan Chase & Co. increased their price objective on Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. UBS Group upped their target price on Packaging Corporation of America from $271.00 to $292.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Weiss Ratings raised shares of Packaging Corporation of America from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 25th. Bank of America raised their price target on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $246.00 price objective (up from $245.00) on shares of Packaging Corporation of America in a research report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Packaging Corporation of America presently has an average rating of “Moderate Buy” and an average target price of $264.57.

View Our Latest Stock Analysis on Packaging Corporation of America

Insider Activity at Packaging Corporation of America

In other Packaging Corporation of America news, President Thomas A. Hassfurther sold 7,063 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were 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 in the company, valued at $51,534,314. This trade represents a 3.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Donald R. Shirley sold 12,000 shares of the company’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 transaction, the vice president directly owned 19,110 shares of the company’s stock, valued at $4,791,068.10. This represents a 38.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,391 shares of company stock valued at $10,196,101 over the last three months. 1.60% of the stock is owned by company insiders.

Packaging Corporation of America Stock Down 2.2%

PKG stock opened at $232.02 on Wednesday. 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 52-week low of $191.50 and a 52-week high of $259.98. The company has a 50-day moving average of $242.13 and a two-hundred day moving average of $227.54. The stock has a market capitalization of $20.67 billion, a price-to-earnings ratio of 30.13, a price-to-earnings-growth ratio of 2.41 and a beta of 0.78.

Packaging Corporation of America (NYSE:PKG – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.04. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%.The business had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period in the previous year, the company posted $2.48 earnings per share. The firm’s revenue for the quarter was up 14.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. As a group, equities research analysts anticipate that Packaging Corporation of America will post 10.48 EPS for the current year.

Packaging Corporation of America Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Packaging Corporation of America’s dividend payout ratio is currently 77.92%.

About Packaging Corporation of America

(Free Report)

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.