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

Several analysts have recently updated their ratings and price targets for Packaging Corporation of America (NYSE: PKG):

• 10/27/2026 – Packaging Corporation of America was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/26/2026 – Packaging Corporation of America had its price target raised by Citigroup from $253.00 to $262.00. They now have a “neutral” rating on the stock.
• 10/23/2026 – Packaging Corporation of America had its “buy” rating reaffirmed by Truist Financial. They now have a $294.00 price target on the stock, up from $280.00.
• 10/23/2026 – Packaging Corporation of America had its price target raised by JPMorgan Chase & Co. from $320.00 to $322.00. They now have an “overweight” rating on the stock.
• 10/12/2026 – Packaging Corporation of America had its price target raised by Truist Financial 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 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 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 from $280.00 to $260.00. They now have a “buy” rating on the stock.

Packaging Corporation of America Stock Performance

NYSE:PKG traded up $2.86 during mid-day trading on Wednesday, hitting $257.81. 349,481 shares of the company’s stock traded hands, compared to its average volume of 801,437. The firm has a 50 day moving average of $237.72 and a two-hundred day moving average of $229.84. Packaging Corporation of America has a 12 month low of $191.50 and a 12 month high of $262.59. The firm has a market capitalization of $22.97 billion, a price-to-earnings ratio of 31.75, a price-to-earnings-growth ratio of 1.95 and a beta of 0.76. The company has a current ratio of 2.94, a quick ratio of 1.86 and a debt-to-equity ratio of 0.85.

Packaging Corporation of America (NYSE:PKG) last issued its quarterly earnings results on Wednesday, October 21st. The industrial products company reported $3.04 EPS for the quarter, topping the consensus estimate of $2.93 by $0.11. The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.61 billion. Packaging Corporation of America had a return on equity of 19.63% and a net margin of 7.40%. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.73 EPS. On average, equities analysts forecast that Packaging Corporation of America will post 10.56 earnings per share for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th were issued a $1.50 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $6.00 dividend on an annualized basis and a yield of 2.3%. Packaging Corporation of America’s dividend payout ratio is 73.89%.

Insiders Place Their Bets

In other news, 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 completion of the transaction, the vice president owned 19,110 shares of the company’s stock, valued at approximately $4,791,068.10. This represents a 38.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Thomas A. 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 transaction, the president directly owned 202,891 shares of the company’s stock, valued at $51,534,314. This represents a 3.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.60% of the stock is owned by corporate insiders.

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.