Packaging Corporation of America (NYSE:PKG) President Sells $1,794,002.00 in Stock

Packaging Corporation of America (NYSE:PKG) President Thomas Hassfurther sold 7,063 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $254.00, for a total transaction of $1,794,002.00. Following the sale, the president owned 202,891 shares of the company’s stock, valued at $51,534,314. This trade represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Packaging Corporation of America Trading Up 0.4%

Shares of NYSE:PKG opened at $257.41 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.88 and a current ratio of 3.07. The stock’s 50-day moving average is $237.51 and its 200-day moving average is $226.25. The company has a market cap of $22.93 billion, a P/E ratio of 33.43, a P/E/G ratio of 2.42 and a beta of 0.80. Packaging Corporation of America has a 52-week low of $191.50 and a 52-week high of $259.98.

Packaging Corporation of America (NYSE:PKG) last announced its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.04. Packaging Corporation of America had a return on equity of 18.96% and a net margin of 7.25%.The firm had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the prior year, the company earned $2.48 EPS. The firm’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. Equities research analysts predict that Packaging Corporation of America will post 10.48 earnings per share for the current year.

Institutional Trading of Packaging Corporation of America

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. DV Equities LLC bought a new stake in Packaging Corporation of America in the fourth quarter valued at $26,000. Covestor Ltd raised 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 worth $32,000 after purchasing an additional 91 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its holdings in shares of Packaging Corporation of America by 94.1% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after buying an additional 80 shares during the period. Navalign LLC acquired a new stake in Packaging Corporation of America during the 4th quarter worth $36,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Packaging Corporation of America by 40.4% during 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 in the last quarter. Institutional investors own 89.78% of the company’s stock.

Key Headlines Impacting Packaging Corporation of America

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

• Positive Sentiment: UBS raised its price target from $271 to $292 and upgraded its view to “buy.” The new target implies approximately 13.4% upside from the referenced share price, making this the clearest bullish catalyst for PKG. Benzinga report
• Positive Sentiment: Zacks Research increased its Q2 2028 EPS estimate to $3.73 from $3.48 and its FY2028 forecast to $14.56 from $13.99. The upgrades suggest analysts see improved longer-term earnings potential for the packaging manufacturer, supporting the investment case. MarketBeat PKG analyst estimates
• Neutral Sentiment: Packaging Corporation of America recently exceeded quarterly EPS expectations, reporting $2.35 versus the $2.31 consensus estimate, while revenue rose 14.7% year over year to $2.49 billion. However, the stock’s valuation remains elevated at roughly 33 times earnings, which could limit gains if earnings growth slows.
• Negative Sentiment: Zacks lowered its Q3 2026 EPS estimate to $2.91 from $3.07 and trimmed its FY2026 forecast to $10.40 from $10.42. The modest near-term reductions indicate some pressure on expected results, although the Q3 estimate matches the company’s guidance and the longer-term forecasts were raised. MarketBeat PKG earnings estimates
• Negative Sentiment: President Thomas Hassfurther sold 7,063 shares for approximately $1.79 million. The transaction reduced his direct ownership by 3.36% and may concern investors, though he continues to hold roughly 202,891 shares. InsiderTrades report on the executive sale

Analyst Ratings Changes

Several equities research analysts have recently issued reports on PKG shares. Weiss Ratings downgraded shares of Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upgraded shares of Packaging Corporation of America from a “hold” rating to a “buy” rating and upped their target price for the company from $225.00 to $256.00 in a research note on Monday, May 4th. Bank of America increased their price target 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. JPMorgan Chase & Co. boosted their price objective on shares of Packaging Corporation of America from $269.00 to $271.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Finally, Citigroup upped their price objective on shares of Packaging Corporation of America from $241.00 to $254.00 and gave the company a “neutral” rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $264.57.

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.