Packaging Corporation of America (NYSE:PKG) Stock Price Target Lowered at UBS Group

Key Points

• UBS Group lowered its price target for Packaging Corporation of America from $292 to $289 while maintaining a “buy” rating, implying roughly 25.9% upside from the reported $229.57 share price.
• Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and average price target of $270.57; targets range from $246 to $320.
• PCA exceeded quarterly EPS expectations ($2.35 versus $2.31) and reported 14.7% year-over-year revenue growth, while insiders sold approximately $10.2 million of shares over the past 90 days.

Packaging Corporation of America (NYSE:PKG - Get Free Report) had its price target lowered by stock analysts at UBS Group from $292.00 to $289.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has a "buy" rating on the industrial products company's stock. UBS Group's target price suggests a potential upside of 25.89% from the stock's current price.

Several other research analysts have also recently weighed in on PKG. Bank of America decreased their price objective on shares of Packaging Corporation of America from $280.00 to $260.00 and set a "buy" rating on the stock in a research report on Friday, September 11th. Wells Fargo & Company reissued an "equal weight" rating and issued a $246.00 price target (up from $245.00) on shares of Packaging Corporation of America in a research note on Thursday, July 9th. Citigroup decreased their price target on shares of Packaging Corporation of America from $254.00 to $253.00 and set a "neutral" rating on the stock in a report on Friday. Weiss Ratings raised shares of Packaging Corporation of America from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, August 25th. Finally, JPMorgan Chase & Co. upped their target price on shares of Packaging Corporation of America from $312.00 to $320.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $270.57.

Packaging Corporation of America Price Performance

Shares of PKG stock traded up $1.03 on Monday, reaching $229.57. The company's stock had a trading volume of 489,522 shares, compared to its average volume of 815,186. The company has a market capitalization of $20.45 billion, a P/E ratio of 29.81, a PEG ratio of 1.96 and a beta of 0.75. Packaging Corporation of America has a 12-month low of $191.50 and a 12-month high of $259.98. The stock's 50 day simple moving average is $242.73 and its 200-day simple moving average is $228.44. The company has a quick ratio of 1.86, a current ratio of 2.94 and a debt-to-equity ratio of 0.85.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 EPS for the quarter, topping the consensus estimate of $2.31 by $0.04. Packaging Corporation of America had a return on equity of 18.94% and a net margin of 7.25%.The business had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $2.49 billion. During the same period in the previous year, the business earned $2.48 earnings per share. The firm's revenue was up 14.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. As a group, equities analysts predict that Packaging Corporation of America will post 10.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Packaging Corporation of America

In other Packaging Corporation of America news, President Thomas A. Hassfurther sold 12,531 shares of the company's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the completion of the sale, the president directly owned 218,751 shares in the company, valued at $54,687,750. This represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Donald R. Shirley sold 12,000 shares of Packaging Corporation of America stock in a transaction dated 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 completion of the transaction, the vice president owned 19,110 shares in the company, valued at approximately $4,791,068.10. This represents a 38.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 40,391 shares of company stock worth $10,196,101. 1.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Packaging Corporation of America

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in Packaging Corporation of America during the 2nd quarter valued at $1,837,506,000. Bank of New York Mellon Corp purchased a new position in shares of Packaging Corporation of America in the second quarter valued at about $748,095,000. Bank of America Corp DE bought a new position in shares of Packaging Corporation of America during the second quarter valued at about $379,568,000. Atlas FRM LLC bought a new position in shares of Packaging Corporation of America during the second quarter valued at about $365,164,100. Finally, Diamant Asset Management Inc. boosted its holdings in shares of Packaging Corporation of America by 19,710.3% during the first quarter. Diamant Asset Management Inc. now owns 893,446 shares of the industrial products company's stock worth $189,607,000 after purchasing an additional 888,936 shares during the period. 89.78% of the stock is currently owned by institutional investors.

Packaging Corporation of America Company Profile

Packaging Corporation of America NYSE: PKG is a manufacturer of containerboard and corrugated packaging products in the United States. The company produces linerboard, corrugating medium and finished corrugated containers used to package and transport consumer, industrial, food and agricultural products.

PCA also manufactures specialty packaging products, including retail displays, protective packaging and custom-designed corrugated solutions. Through its Paper segment, the company produces and sells uncoated freesheet paper and related specialty papers for commercial printing, office use, converting and other applications.

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