4,894 Shares in Packaging Corporation of America $PKG Purchased by AG2R LA Mondiale Gestion D Actifs

Key Points

• AG2R LA Mondiale Gestion D Actifs acquired 4,894 shares of Packaging Corporation of America ($PKG) valued at approximately $945,000 during the first quarter.
• Packaging Corporation of America reported $2.48 earnings per share for the quarter, exceeding the consensus estimate of $2.44, and had quarterly revenue of $2.17 billion.
• The company announced a quarterly dividend of $1.25 per share, with an annualized dividend yield of 2.3%, scheduled for payment on October 15th.

AG2R LA Mondiale Gestion D Actifs acquired a new stake in Packaging Corporation of America (NYSE:PKG - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 4,894 shares of the industrial products company's stock, valued at approximately $945,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Voya Investment Management LLC increased its stake in shares of Packaging Corporation of America by 1.0% in the first quarter. Voya Investment Management LLC now owns 27,348 shares of the industrial products company's stock valued at $5,415,000 after purchasing an additional 264 shares during the period. Howe & Rusling Inc. bought a new position in Packaging Corporation of America in the 1st quarter worth approximately $479,000. Cim LLC increased its position in Packaging Corporation of America by 0.8% in the 1st quarter. Cim LLC now owns 11,909 shares of the industrial products company's stock valued at $2,358,000 after acquiring an additional 95 shares during the period. Inspire Investing LLC raised its stake in Packaging Corporation of America by 38.6% during the 1st quarter. Inspire Investing LLC now owns 1,592 shares of the industrial products company's stock valued at $315,000 after acquiring an additional 443 shares in the last quarter. Finally, Strs Ohio acquired a new position in Packaging Corporation of America during the 1st quarter worth $10,124,000. Institutional investors own 89.78% of the company's stock.

Packaging Corporation of America Price Performance

NYSE PKG opened at $215.33 on Monday. The company has a current ratio of 3.54, a quick ratio of 2.32 and a debt-to-equity ratio of 0.54. Packaging Corporation of America has a 1 year low of $172.71 and a 1 year high of $250.82. The company has a market cap of $19.38 billion, a PE ratio of 21.49, a PEG ratio of 1.88 and a beta of 0.87. The stock's 50-day moving average price is $204.93 and its two-hundred day moving average price is $196.53.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last released its earnings results on Wednesday, July 23rd. The industrial products company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.04. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.18 billion. Packaging Corporation of America had a net margin of 10.47% and a return on equity of 20.08%. The firm's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the firm posted $2.20 earnings per share. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. On average, analysts predict that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be issued a $1.25 dividend. The ex-dividend date is Monday, September 15th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. Packaging Corporation of America's dividend payout ratio is presently 49.90%.

Wall Street Analyst Weigh In

PKG has been the topic of a number of research analyst reports. Jefferies Financial Group lowered Packaging Corporation of America from a "buy" rating to a "hold" rating and lowered their price target for the company from $245.00 to $205.00 in a report on Monday, June 16th. Wells Fargo & Company raised their target price on shares of Packaging Corporation of America from $180.00 to $200.00 and gave the company an "equal weight" rating in a research note on Thursday, July 10th. UBS Group boosted their price target on shares of Packaging Corporation of America from $210.00 to $220.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 29th. Truist Financial decreased their price objective on shares of Packaging Corporation of America from $239.00 to $238.00 and set a "buy" rating for the company in a report on Friday, July 25th. Finally, Citigroup boosted their target price on Packaging Corporation of America from $197.00 to $214.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Packaging Corporation of America presently has a consensus rating of "Moderate Buy" and an average target price of $215.40.

About Packaging Corporation of America

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.

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