PFA Pension Forsikringsaktieselskab Takes Position in Packaging Corporation of America $PKG

Key Points

• PFA Pension Forsikringsaktieselskab bought a new stake of 361,467 shares in Packaging Corporation of America (PKG) in Q4, valued at about $75.28 million, representing roughly 0.40% of the company; institutional investors and hedge funds own ~89.78% of PKG.
• PKG beat Q1 EPS expectations with $2.40 (vs. $2.17 consensus), reported revenue up 10.6% YoY to $2.37B, and set Q2 guidance at 2.33 EPS.
• The company pays a quarterly dividend of $1.25 ($5.00 annual, ~2.3% yield), trades near $218 with a market cap of about $19.4B, and carries an average analyst rating of Moderate Buy (average price target ~$229.86).

PFA Pension Forsikringsaktieselskab bought a new stake in Packaging Corporation of America (NYSE:PKG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 361,467 shares of the industrial products company's stock, valued at approximately $75,279,000. PFA Pension Forsikringsaktieselskab owned approximately 0.40% of Packaging Corporation of America as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Cornerstone Planning Group LLC lifted its position in Packaging Corporation of America by 105.4% in the third quarter. Cornerstone Planning Group LLC now owns 115 shares of the industrial products company's stock worth $25,000 after purchasing an additional 59 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Packaging Corporation of America during the 3rd quarter valued at $31,000. Geneos Wealth Management Inc. raised its stake in shares of Packaging Corporation of America by 40.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 198 shares of the industrial products company's stock worth $39,000 after buying an additional 57 shares in the last quarter. NBT Bank N A NY bought a new stake in shares of Packaging Corporation of America in the 3rd quarter worth $41,000. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Packaging Corporation of America by 40.7% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company's stock valued at $43,000 after buying an additional 57 shares during the period. Institutional investors and hedge funds own 89.78% of the company's stock.

Packaging Corporation of America Price Performance

NYSE PKG opened at $218.06 on Friday. The stock's 50-day moving average price is $215.64 and its two-hundred day moving average price is $212.73. The company has a current ratio of 3.17, a quick ratio of 1.94 and a debt-to-equity ratio of 0.86. The company has a market cap of $19.41 billion, a PE ratio of 26.53, a PEG ratio of 1.97 and a beta of 0.82. Packaging Corporation of America has a 1 year low of $178.30 and a 1 year high of $249.51.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 EPS for the quarter, topping the consensus estimate of $2.17 by $0.23. The company had revenue of $2.37 billion during the quarter, compared to analysts' expectations of $2.45 billion. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.20%. The business's revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the company posted $2.31 earnings per share. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. On average, analysts predict that Packaging Corporation of America will post 10.84 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th were given a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, March 13th. Packaging Corporation of America's dividend payout ratio (DPR) is 60.83%.

Analyst Ratings Changes

PKG has been the topic of a number of research analyst reports. Zacks Research raised Packaging Corporation of America from a "strong sell" rating to a "hold" rating in a report on Tuesday, January 6th. JPMorgan Chase & Co. upped their price target on shares of Packaging Corporation of America from $225.00 to $246.00 and gave the company an "overweight" rating in a report on Friday, April 24th. Truist Financial reaffirmed a "buy" rating and issued a $258.00 price objective (down from $260.00) on shares of Packaging Corporation of America in a research note on Monday, April 27th. Citigroup dropped their target price on shares of Packaging Corporation of America from $227.00 to $217.00 and set a "neutral" rating on the stock in a report on Tuesday, April 14th. Finally, Argus raised shares of Packaging Corporation of America to a "strong-buy" rating in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, Packaging Corporation of America currently has an average rating of "Moderate Buy" and an average price target of $229.86.

Insider Buying and Selling at Packaging Corporation of America

In related news, President Thomas A. Hassfurther sold 12,129 shares of the stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $230.50, for a total value of $2,795,734.50. Following the completion of the sale, the president directly owned 197,062 shares of the company's stock, valued at approximately $45,422,791. This represents a 5.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company's stock.

Packaging Corporation of America Profile

Packaging Corporation of America NYSE: PKG is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.

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