38,547 Shares in Packaging Corporation of America $PKG Bought by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 38,547 shares of Packaging Corporation of America in the second quarter, valued at approximately $9.2 million. Institutional investors and hedge funds collectively own 89.78% of the company.
• Packaging Corporation of America reported quarterly EPS of $2.35, beating estimates by $0.04, while revenue rose 14.7% year over year to $2.49 billion. The stock opened at $249.87, near its 52-week high of $259.98.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $264.57. Recent upgrades and target increases came from UBS, Deutsche Bank, Bank of America and Truist Financial.

B. Metzler seel. Sohn & Co. AG acquired a new stake in Packaging Corporation of America (NYSE:PKG - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 38,547 shares of the industrial products company's stock, valued at approximately $9,185,000.

Several other large investors also recently modified their holdings of PKG. Smartleaf Asset Management LLC lifted its position in shares of Packaging Corporation of America by 5.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,045 shares of the industrial products company's stock worth $218,000 after purchasing an additional 52 shares during the last quarter. TD Private Client Wealth LLC raised its stake in Packaging Corporation of America by 2.9% during the fourth quarter. TD Private Client Wealth LLC now owns 1,929 shares of the industrial products company's stock valued at $398,000 after buying an additional 54 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in Packaging Corporation of America by 40.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company's stock worth $39,000 after buying an additional 57 shares during the last quarter. Root Financial Partners LLC lifted its holdings in Packaging Corporation of America by 28.4% during the 1st quarter. Root Financial Partners LLC now owns 276 shares of the industrial products company's stock worth $59,000 after buying an additional 61 shares during the last quarter. Finally, CX Institutional grew its position in shares of Packaging Corporation of America by 8.2% in the 2nd quarter. CX Institutional now owns 816 shares of the industrial products company's stock worth $195,000 after acquiring an additional 62 shares in the last quarter. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Packaging Corporation of America

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 9,266 shares of the business's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total transaction of $2,011,463.28. Following the sale, the chief executive officer directly owned 473,610 shares in the company, valued at approximately $102,811,258.80. The trade was a 1.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Thomas A. Hassfurther sold 12,531 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The stock was 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 of the company's stock, valued at approximately $54,687,750. This represents a 5.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 37,657 shares of company stock valued at $9,199,044. Company insiders own 1.60% of the company's stock.

Packaging Corporation of America Stock Down 1.2%

Packaging Corporation of America stock opened at $249.87 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.86 and a current ratio of 2.94. Packaging Corporation of America has a one year low of $191.50 and a one year high of $259.98. The company has a 50-day simple moving average of $240.55 and a 200-day simple moving average of $227.36. The firm has a market capitalization of $22.26 billion, a P/E ratio of 32.45, a P/E/G ratio of 2.39 and a beta of 0.80.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.31 by $0.04. The firm had revenue of $2.49 billion during the quarter, compared to analyst estimates of $2.49 billion. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. Packaging Corporation of America's revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.48 EPS. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. As a group, equities analysts expect that Packaging Corporation of America will post 10.48 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. UBS Group boosted their price target on Packaging Corporation of America from $271.00 to $292.00 and gave the company a "buy" rating in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft upgraded Packaging Corporation of America from a "hold" rating to a "buy" rating and raised their price objective for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. Bank of America lifted their price objective on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the stock a "buy" rating in a report on Tuesday, July 14th. Truist Financial boosted their target price on shares of Packaging Corporation of America from $258.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company reissued an "equal weight" rating and set a $246.00 target price (up from $245.00) on shares of Packaging Corporation of America in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Packaging Corporation of America presently has a consensus rating of "Moderate Buy" and a consensus target price of $264.57.

Packaging Corporation of America Company Profile

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.

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