Zacks Research Brokers Boost Earnings Estimates for PKG

Packaging Co. of America (NYSE:PKG) – Investment analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Packaging Co. of America in a note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings per share of $2.06 for the quarter, up from their prior estimate of $2.05. The consensus estimate for Packaging Co. of America’s current full-year earnings is $9.07 per share. Zacks Research also issued estimates for Packaging Co. of America’s Q2 2025 earnings at $2.66 EPS, Q3 2025 earnings at $2.96 EPS, Q4 2025 earnings at $2.84 EPS, FY2025 earnings at $10.51 EPS, Q1 2026 earnings at $2.72 EPS, Q3 2026 earnings at $3.08 EPS and FY2026 earnings at $11.74 EPS.

A number of other brokerages also recently issued reports on PKG. Wells Fargo & Company raised their price objective on Packaging Co. of America from $235.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Citigroup increased their price objective on shares of Packaging Co. of America from $199.00 to $221.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 2nd. StockNews.com cut shares of Packaging Co. of America from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Truist Financial reissued a “buy” rating and issued a $252.00 price objective (up from $242.00) on shares of Packaging Co. of America in a research report on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Packaging Co. of America has an average rating of “Hold” and an average target price of $221.60.

Packaging Co. of America Stock Up 0.5 %

Shares of NYSE:PKG opened at $246.43 on Friday. The firm has a market cap of $22.13 billion, a P/E ratio of 28.72, a P/E/G ratio of 3.35 and a beta of 0.76. Packaging Co. of America has a 12-month low of $153.58 and a 12-month high of $248.62. The business has a fifty day simple moving average of $224.82 and a 200 day simple moving average of $202.27. The company has a quick ratio of 1.98, a current ratio of 2.95 and a debt-to-equity ratio of 0.58.

Packaging Co. of America (NYSE:PKG) last posted its earnings results on Tuesday, October 22nd. The industrial products company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.15. The firm had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.09 billion. Packaging Co. of America had a net margin of 9.46% and a return on equity of 19.10%. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.05 EPS.

Packaging Co. of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Tuesday, October 15th were issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend was Monday, September 16th. Packaging Co. of America’s dividend payout ratio is currently 58.28%.

Insider Buying and Selling at Packaging Co. of America

In other news, SVP Donald R. Shirley sold 8,000 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $240.20, for a total value of $1,921,600.00. Following the completion of the sale, the senior vice president now directly owns 15,725 shares of the company’s stock, valued at $3,777,145. This represents a 33.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul T. Stecko sold 10,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $244.91, for a total value of $2,571,555.00. Following the completion of the transaction, the director now owns 8,881 shares in the company, valued at $2,175,045.71. This represents a 54.18 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 31,000 shares of company stock worth $7,500,905. 1.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Packaging Co. of America

A number of hedge funds have recently bought and sold shares of PKG. State Street Corp lifted its position in shares of Packaging Co. of America by 3.2% during the third quarter. State Street Corp now owns 3,948,546 shares of the industrial products company’s stock valued at $855,212,000 after purchasing an additional 123,050 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Packaging Co. of America by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,937,113 shares of the industrial products company’s stock worth $632,654,000 after buying an additional 98,223 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Packaging Co. of America by 1.5% in the 2nd quarter. Victory Capital Management Inc. now owns 2,853,417 shares of the industrial products company’s stock worth $520,920,000 after buying an additional 41,903 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Packaging Co. of America by 0.6% in the third quarter. Geode Capital Management LLC now owns 2,337,296 shares of the industrial products company’s stock valued at $501,896,000 after acquiring an additional 12,936 shares in the last quarter. Finally, Boston Partners grew its holdings in shares of Packaging Co. of America by 49.3% in the first quarter. Boston Partners now owns 1,446,303 shares of the industrial products company’s stock valued at $274,421,000 after acquiring an additional 477,487 shares in the last quarter. 89.78% of the stock is owned by hedge funds and other institutional investors.

About Packaging Co. of America

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products.