Coppell Advisory Solutions LLC Acquires 6,454 Shares of Packaging Corporation of America $PKG

Key Points

• Coppell Advisory Solutions LLC increased its stake in Packaging Corporation of America by 2,004.3% by acquiring an additional 6,454 shares, bringing its total ownership to 6,776 shares valued at approximately $1.34 million.
• The company recently announced a quarterly dividend of $1.25, payable on October 15th, which represents an annualized dividend of $5.00 and a yield of 2.3%.
• Analysts project Packaging Corporation of America to earn $10.44 per share this fiscal year, with several brokerage firms raising their price targets for the stock.

Coppell Advisory Solutions LLC grew its holdings in shares of Packaging Corporation of America (NYSE:PKG - Free Report) by 2,004.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,776 shares of the industrial products company's stock after purchasing an additional 6,454 shares during the period. Coppell Advisory Solutions LLC's holdings in Packaging Corporation of America were worth $1,342,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Algert Global LLC purchased a new position in Packaging Corporation of America in the 4th quarter worth approximately $315,000. Cetera Investment Advisers raised its holdings in Packaging Corporation of America by 0.7% in the 4th quarter. Cetera Investment Advisers now owns 20,443 shares of the industrial products company's stock worth $4,602,000 after acquiring an additional 152 shares during the last quarter. Deutsche Bank AG raised its holdings in Packaging Corporation of America by 16.1% in the 4th quarter. Deutsche Bank AG now owns 449,025 shares of the industrial products company's stock worth $101,089,000 after acquiring an additional 62,271 shares during the last quarter. Ethic Inc. raised its holdings in Packaging Corporation of America by 42.5% in the 4th quarter. Ethic Inc. now owns 10,261 shares of the industrial products company's stock worth $2,310,000 after acquiring an additional 3,061 shares during the last quarter. Finally, Ensign Peak Advisors Inc raised its holdings in Packaging Corporation of America by 20.8% in the 4th quarter. Ensign Peak Advisors Inc now owns 53,491 shares of the industrial products company's stock worth $12,042,000 after acquiring an additional 9,222 shares during the last quarter. 89.78% of the stock is currently owned by hedge funds and other institutional investors.

Packaging Corporation of America Trading Down 0.8%

PKG stock traded down $1.70 during mid-day trading on Friday, reaching $215.33. The company had a trading volume of 471,233 shares, compared to its average volume of 853,098. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.54 and a quick ratio of 2.32. The company has a market capitalization of $19.37 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 1.89 and a beta of 0.87. The firm has a 50 day moving average of $204.93 and a 200 day moving average of $196.74. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $250.82.

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 EPS for the quarter, topping analysts' consensus estimates of $2.44 by $0.04. Packaging Corporation of America had a net margin of 10.47% and a return on equity of 20.08%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the prior year, the firm earned $2.20 EPS. The company's revenue for the quarter was up 4.7% compared to the same quarter last year. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. On average, equities analysts predict that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be paid a dividend of $1.25 per share. 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 (DPR) is currently 49.90%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on PKG shares. Wells Fargo & Company boosted 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. Citigroup upped their target price on shares of Packaging Corporation of America from $197.00 to $214.00 and gave the stock a "neutral" rating in a report on Friday, July 25th. Jefferies Financial Group downgraded shares of Packaging Corporation of America from a "buy" rating to a "hold" rating and dropped their price objective for the company from $245.00 to $205.00 in a report on Monday, June 16th. Truist Financial dropped 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, UBS Group increased their price objective on shares of Packaging Corporation of America from $210.00 to $220.00 and gave the company a "neutral" rating in a report on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $215.40.

Packaging Corporation of America Profile

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.