Handelsbanken Fonder AB Has $13.83 Million Stock Holdings in Packaging Corporation of America $PKG

Handelsbanken Fonder AB boosted its stake in Packaging Corporation of America (NYSE:PKG) by 6.4% in the second quarter, Holdings Channel reports. The institutional investor owned 58,030 shares of the industrial products company’s stock after acquiring an additional 3,482 shares during the quarter. Handelsbanken Fonder AB’s holdings in Packaging Corporation of America were worth $13,827,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PKG. DV Equities LLC acquired a new position in shares of Packaging Corporation of America in the fourth quarter worth $26,000. Covestor Ltd raised its holdings in shares of Packaging Corporation of America by 140.0% during the fourth quarter. Covestor Ltd now owns 156 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 91 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in Packaging Corporation of America by 94.1% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 80 shares during the last quarter. Navalign LLC purchased a new position in Packaging Corporation of America in the fourth quarter valued at about $36,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in Packaging Corporation of America in the first quarter valued at about $41,000. Institutional investors and hedge funds own 89.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PKG. Citigroup raised their price target on Packaging Corporation of America from $241.00 to $254.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 28th. Weiss Ratings cut Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Truist Financial increased their price objective 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. JPMorgan Chase & Co. raised their price objective on shares of 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. Finally, UBS Group lifted their target price on shares of Packaging Corporation of America from $271.00 to $292.00 and gave the company a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $264.57.

Insider Activity at Packaging Corporation of America

In related news, President Thomas A. Hassfurther sold 7,063 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the president directly owned 202,891 shares in the company, valued at approximately $51,534,314. The trade was a 3.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark W. Kowlzan sold 9,266 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total value of $2,011,463.28. Following the sale, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at $102,811,258.80. The trade was a 1.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 37,657 shares of company stock valued at $9,199,044. Corporate insiders own 1.60% of the company’s stock.

Packaging Corporation of America Trading Up 0.4%

Packaging Corporation of America stock opened at $257.41 on Friday. Packaging Corporation of America has a one year low of $191.50 and a one year high of $259.98. The company’s fifty day moving average price is $237.51 and its two-hundred day moving average price is $226.25. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.07 and a quick ratio of 1.88. The company has a market capitalization of $22.93 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 2.42 and a beta of 0.80.

Packaging Corporation of America (NYSE:PKG) last released its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.04. The company had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.49 billion. Packaging Corporation of America had a return on equity of 18.96% and a net margin of 7.25%.The firm’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.48 EPS. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. On average, analysts forecast that Packaging Corporation of America will post 10.48 earnings per share for the current fiscal year.

Trending Headlines about 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

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.