AMI Asset Management Corp Has $967,000 Stock Position in Packaging Corporation of America $PKG

Key Points

• AMI Asset Management Corp increased its position in Packaging Corporation of America by 59.6%, holding shares valued at approximately $967,000 as of the latest SEC filing.
• Packaging Corporation of America recently reported $2.48 earnings per share for the last quarter, exceeding analyst expectations, and has set a Q3 2025 EPS guidance of 2.800.
• The company announced a quarterly dividend of $1.25 per share, reflecting a 2.3% yield, with a payout ratio of 49.90%.

AMI Asset Management Corp raised its position in Packaging Corporation of America (NYSE:PKG - Free Report) by 59.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 5,133 shares of the industrial products company's stock after acquiring an additional 1,917 shares during the period. AMI Asset Management Corp's holdings in Packaging Corporation of America were worth $967,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of PKG. Wellington Management Group LLP increased its holdings in shares of Packaging Corporation of America by 134.1% during the fourth quarter. Wellington Management Group LLP now owns 28,260 shares of the industrial products company's stock valued at $6,362,000 after acquiring an additional 16,190 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of Packaging Corporation of America by 0.7% during the first quarter. Rhumbline Advisers now owns 191,465 shares of the industrial products company's stock valued at $37,914,000 after acquiring an additional 1,381 shares in the last quarter. Czech National Bank increased its holdings in shares of Packaging Corporation of America by 5.9% during the first quarter. Czech National Bank now owns 20,480 shares of the industrial products company's stock valued at $4,055,000 after acquiring an additional 1,146 shares in the last quarter. Merit Financial Group LLC increased its holdings in shares of Packaging Corporation of America by 169.1% during the first quarter. Merit Financial Group LLC now owns 4,661 shares of the industrial products company's stock valued at $923,000 after acquiring an additional 2,929 shares in the last quarter. Finally, RFG Advisory LLC bought a new stake in shares of Packaging Corporation of America during the first quarter valued at approximately $223,000. Institutional investors own 89.78% of the company's stock.

Packaging Corporation of America Stock Down 1.3%

PKG stock opened at $215.06 on Thursday. The stock's fifty day simple moving average is $207.70 and its two-hundred day simple moving average is $197.66. 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 stock has a market cap of $19.35 billion, a P/E ratio of 21.46, a P/E/G ratio of 1.86 and a beta of 0.91.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last posted its quarterly earnings data 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. Packaging Corporation of America had a return on equity of 20.08% and a net margin of 10.47%.The business had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $2.18 billion. During the same quarter in the previous year, the firm earned $2.20 earnings per share. The business's revenue was up 4.7% on a year-over-year basis. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. Analysts expect that Packaging Corporation of America will post 10.44 EPS for the current year.

Packaging Corporation of America Announces Dividend

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

Insiders Place Their Bets

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 25,000 shares of the business's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $215.97, for a total value of $5,399,250.00. Following the transaction, the chief executive officer owned 437,378 shares of the company's stock, valued at approximately $94,460,526.66. The trade was a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Zacks Research upgraded Packaging Corporation of America from a "hold" rating to a "strong-buy" rating in a report on Friday, September 26th. Wells Fargo & Company boosted their price objective on Packaging Corporation of America from $180.00 to $200.00 and gave the company an "equal weight" rating in a report on Thursday, July 10th. Jefferies Financial Group cut Packaging Corporation of America from a "buy" rating to a "hold" rating and cut their target price for the company from $245.00 to $205.00 in a research report on Monday, June 16th. UBS Group lifted their target price on Packaging Corporation of America from $210.00 to $220.00 and gave the company a "neutral" rating in a research report on Tuesday, July 29th. Finally, JPMorgan Chase & Co. started coverage on Packaging Corporation of America in a research report on Wednesday, September 24th. They set an "overweight" rating and a $242.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $223.83.

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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