Dynamic Technology Lab Private Ltd Makes New Investment in Packaging Corporation of America $PKG

Key Points

• Dynamic Technology Lab Private Ltd invested approximately $486,000 by purchasing 2,451 shares of Packaging Corporation of America (NYSE:PKG) during the first quarter, reflecting growing interest from institutional investors in the company.
• Recent analyst reports show mixed ratings for Packaging Corporation of America, with Jefferies Financial Group downgrading the stock to a "hold" rating and decreasing its price target from $245 to $205.
• The company is set to pay a quarterly dividend of $1.25 per share on October 15th, representing an annualized dividend yield of 2.3% and a payout ratio of 49.90%.

Dynamic Technology Lab Private Ltd purchased a new stake in Packaging Corporation of America (NYSE:PKG - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,451 shares of the industrial products company's stock, valued at approximately $486,000.

Several other hedge funds and other institutional investors have also made changes to their positions in PKG. Clearstead Trust LLC increased its position in Packaging Corporation of America by 118.6% in the 1st quarter. Clearstead Trust LLC now owns 129 shares of the industrial products company's stock valued at $26,000 after acquiring an additional 70 shares during the period. TCTC Holdings LLC increased its holdings in shares of Packaging Corporation of America by 86.4% during the first quarter. TCTC Holdings LLC now owns 151 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 70 shares during the period. Alpine Bank Wealth Management bought a new stake in shares of Packaging Corporation of America during the first quarter valued at about $39,000. 1 North Wealth Services LLC acquired a new stake in Packaging Corporation of America in the first quarter worth about $40,000. Finally, Banque Cantonale Vaudoise bought a new position in Packaging Corporation of America in the 1st quarter valued at about $40,000. 89.78% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on PKG shares. Jefferies Financial Group cut shares of Packaging Corporation of America from a "buy" rating to a "hold" rating and decreased their price objective for the company from $245.00 to $205.00 in a report on Monday, June 16th. Truist Financial decreased their price target on Packaging Corporation of America from $239.00 to $238.00 and set a "buy" rating for the company in a research note on Friday, July 25th. Citigroup boosted their price objective on Packaging Corporation of America from $197.00 to $214.00 and gave the stock a "neutral" rating in a research note on Friday, July 25th. UBS Group upped their price objective on Packaging Corporation of America from $210.00 to $220.00 and gave the company a "neutral" rating in a report on Tuesday, July 29th. Finally, Wells Fargo & Company lifted their target price 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. One 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's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $215.40.

Packaging Corporation of America Price Performance

Shares of NYSE:PKG opened at $213.25 on Thursday. The company has a market capitalization of $19.19 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 1.87 and a beta of 0.87. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.32 and a current ratio of 3.54. The stock has a fifty day moving average of $204.37 and a 200-day moving average of $196.67. Packaging Corporation of America has a one year low of $172.71 and a one year 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 period in the previous year, the firm posted $2.20 EPS. The company's quarterly 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. As a group, equities analysts anticipate that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

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

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.

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