B. Metzler seel. Sohn & Co. AG Increases Stock Holdings in Packaging Corporation of America $PKG

Key Points

• B. Metzler seel. Sohn & Co. AG has increased its stake in Packaging Corporation of America by 179.2%, acquiring an additional 8,354 shares, bringing its total holdings to 13,017 shares valued at approximately $2.58 million.
• Institutional investors own about 89.78% of Packaging Corporation of America's stock, with several firms recently increasing their positions, reflecting growing confidence in the company's performance.
• Packaging Corporation of America announced a quarterly dividend of $1.25 per share, which represents an annualized dividend yield of 2.3%, signaling stable cash flow and commitment to returning value to shareholders.

B. Metzler seel. Sohn & Co. AG grew its holdings in Packaging Corporation of America (NYSE:PKG - Free Report) by 179.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,017 shares of the industrial products company's stock after purchasing an additional 8,354 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Packaging Corporation of America were worth $2,577,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Transamerica Financial Advisors LLC increased its holdings in shares of Packaging Corporation of America by 17.1% in the first quarter. Transamerica Financial Advisors LLC now owns 3,393 shares of the industrial products company's stock valued at $672,000 after purchasing an additional 495 shares during the last quarter. Ieq Capital LLC lifted its position in Packaging Corporation of America by 71.8% during the first quarter. Ieq Capital LLC now owns 11,923 shares of the industrial products company's stock worth $2,361,000 after purchasing an additional 4,983 shares during the period. Jump Financial LLC raised its stake in Packaging Corporation of America by 201.6% during the first quarter. Jump Financial LLC now owns 85,068 shares of the industrial products company's stock worth $16,845,000 after acquiring an additional 56,863 shares in the last quarter. Bahl & Gaynor Inc. raised its stake in Packaging Corporation of America by 16.9% during the first quarter. Bahl & Gaynor Inc. now owns 263,950 shares of the industrial products company's stock worth $52,267,000 after acquiring an additional 38,116 shares in the last quarter. Finally, Allstate Corp increased its stake in shares of Packaging Corporation of America by 36.1% in the first quarter. Allstate Corp now owns 3,358 shares of the industrial products company's stock valued at $665,000 after buying an additional 891 shares during the period. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Packaging Corporation of America Stock Performance

Shares of NYSE PKG traded down $2.25 during trading on Tuesday, hitting $215.72. The company had a trading volume of 285,141 shares, compared to its average volume of 854,480. The stock has a 50 day simple moving average of $201.11 and a 200 day simple moving average of $196.23. The firm has a market capitalization of $19.41 billion, a P/E ratio of 21.52, a price-to-earnings-growth ratio of 1.90 and a beta of 0.87. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $250.82. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.32 and a current ratio of 3.54.

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

Packaging Corporation of America Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, September 15th. Packaging Corporation of America's dividend payout ratio (DPR) is currently 49.90%.

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.