Recent Investment Analysts’ Ratings Updates for Packaging Corporation of America (PKG)

Packaging Corporation of America (NYSE: PKG) has recently received a number of price target changes and ratings updates:

• 10/12/2026 – Packaging Corporation of America had its price target raised by Truist Financial Corporation from $270.00 to $280.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Packaging Corporation of America had its price target lowered by Wells Fargo & Company from $246.00 to $245.00. They now have an “equal weight” rating on the stock.
• 10/5/2026 – Packaging Corporation of America had its price target lowered by UBS Group AG from $292.00 to $289.00. They now have a “buy” rating on the stock.
• 10/2/2026 – Packaging Corporation of America had its price target lowered by Citigroup Inc. from $254.00 to $253.00. They now have a “neutral” rating on the stock.
• 9/23/2026 – Packaging Corporation of America had its price target raised by JPMorgan Chase & Co. from $312.00 to $320.00. They now have an “overweight” rating on the stock.
• 9/11/2026 – Packaging Corporation of America had its price target lowered by Bank of America Corporation from $280.00 to $260.00. They now have a “buy” rating on the stock.
• 8/25/2026 – Packaging Corporation of America was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.

Packaging Corporation of America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th were paid a $1.50 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $6.00 annualized dividend and a dividend yield of 2.5%. Packaging Corporation of America’s dividend payout ratio is 77.92%.

Insider Activity at Packaging Corporation of America

In related news, President Thomas A. Hassfurther sold 7,063 shares of Packaging Corporation of America stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,794,002.00. Following the transaction, the president owned 202,891 shares of the company’s stock, valued at $51,534,314. The trade was a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Donald R. Shirley sold 12,000 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $250.71, for a total value of $3,008,520.00. Following the sale, the vice president owned 19,110 shares of the company’s stock, valued at $4,791,068.10. This trade represents a 38.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 40,391 shares of company stock valued at $10,196,101. Company insiders own 1.60% of the company’s stock.

Packaging Corporation of America (NYSE:PKG) is a manufacturer of corrugated packaging and containerboard products serving businesses primarily in the United States. Its products include shipping boxes, retail packaging, displays, protective packaging and specialty corrugated solutions used to transport and present a broad range of consumer and industrial goods.

The company also produces uncoated freesheet paper and related paper products for commercial printing, office use, publishing, converting and other applications.