MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $5.04 Million Stake in Packaging Corporation of America $PKG

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Packaging Corporation of America by 165.6%, owning 25,469 shares worth approximately $5.04 million after buying an additional 15,878 shares in the 1st quarter.
• Packaging Corporation of America reported $2.48 EPS for the latest quarter, beating expectations, and set guidance for Q3 2025 at 2.800 EPS, with an annualized dividend of $5.00.
• Institutional investors hold 89.78% of the company's stock, with multiple analysts recently adjusting their price targets, leading to a consensus rating of "Moderate Buy" with a target price of $215.40.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Packaging Corporation of America (NYSE:PKG - Free Report) by 165.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,469 shares of the industrial products company's stock after buying an additional 15,878 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Packaging Corporation of America were worth $5,043,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of PKG. Cetera Investment Advisers grew its position in shares of Packaging Corporation of America by 0.7% during the 4th quarter. Cetera Investment Advisers now owns 20,443 shares of the industrial products company's stock worth $4,602,000 after buying an additional 152 shares during the period. Focus Partners Wealth grew its position in shares of Packaging Corporation of America by 42.4% during the 4th quarter. Focus Partners Wealth now owns 7,696 shares of the industrial products company's stock worth $1,733,000 after buying an additional 2,290 shares during the period. Janus Henderson Group PLC grew its position in shares of Packaging Corporation of America by 9.9% during the 4th quarter. Janus Henderson Group PLC now owns 10,010 shares of the industrial products company's stock worth $2,253,000 after buying an additional 904 shares during the period. Lazard Asset Management LLC grew its position in shares of Packaging Corporation of America by 1,033.3% during the 4th quarter. Lazard Asset Management LLC now owns 204 shares of the industrial products company's stock worth $45,000 after buying an additional 186 shares during the period. Finally, Nomura Holdings Inc. grew its position in shares of Packaging Corporation of America by 46.8% during the 4th quarter. Nomura Holdings Inc. now owns 2,943 shares of the industrial products company's stock worth $663,000 after buying an additional 938 shares during the period. Institutional investors and hedge funds own 89.78% of the company's stock.

Packaging Corporation of America Trading Up 2.0%

PKG opened at $217.38 on Friday. The stock has a market capitalization of $19.56 billion, a P/E ratio of 21.69, a P/E/G ratio of 1.86 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 firm's fifty day simple moving average is $204.67 and its 200 day simple moving average is $196.72. 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 (NYSE:PKG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The industrial products company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.44 by $0.04. The business had revenue of $2.17 billion for the quarter, compared to analysts' expectations 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 revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.20 EPS. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. As a group, research analysts anticipate that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Packaging Corporation of America Announces Dividend

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

Wall Street Analysts Forecast Growth

PKG has been the topic of several recent analyst reports. Citigroup lifted their price objective on shares of 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 lifted their price objective on shares of Packaging Corporation of America from $210.00 to $220.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 29th. Truist Financial reduced their price objective on shares of Packaging Corporation of America from $239.00 to $238.00 and set a "buy" rating on the stock in a research note on Friday, July 25th. Wells Fargo & Company lifted their price objective on shares of Packaging Corporation of America from $180.00 to $200.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 10th. Finally, Jefferies Financial Group lowered shares of Packaging Corporation of America from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $245.00 to $205.00 in a research note on Monday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus 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.

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