Robeco Institutional Asset Management B.V. Has $317,000 Stock Holdings in Packaging Corporation of America $PKG

Robeco Institutional Asset Management B.V. decreased its stake in shares of Packaging Corporation of America (NYSE:PKG - Free Report) by 96.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,681 shares of the industrial products company's stock after selling 51,915 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Packaging Corporation of America were worth $317,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Forza Wealth Management LLC grew its position in shares of Packaging Corporation of America by 2.8% in the 2nd quarter. Forza Wealth Management LLC now owns 2,076 shares of the industrial products company's stock valued at $391,000 after acquiring an additional 56 shares during the period. Liberty Capital Management Inc. raised its position in shares of Packaging Corporation of America by 0.3% in the 2nd quarter. Liberty Capital Management Inc. now owns 20,038 shares of the industrial products company's stock valued at $3,776,000 after buying an additional 67 shares in the last quarter. Truist Financial Corp grew its holdings in shares of Packaging Corporation of America by 148.5% during the 2nd quarter. Truist Financial Corp now owns 40,187 shares of the industrial products company's stock valued at $7,573,000 after purchasing an additional 24,015 shares during the last quarter. First United Bank & Trust grew its holdings in shares of Packaging Corporation of America by 91.3% during the 2nd quarter. First United Bank & Trust now owns 2,787 shares of the industrial products company's stock valued at $525,000 after purchasing an additional 1,330 shares during the last quarter. Finally, Greenleaf Trust grew its holdings in Packaging Corporation of America by 3.2% during the 2nd quarter. Greenleaf Trust now owns 2,573 shares of the industrial products company's stock worth $485,000 after acquiring an additional 79 shares during the last quarter. Institutional investors own 89.78% of the company's stock.

Insider Activity

In related news, CEO Mark W. Kowlzan sold 25,000 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the completion of the transaction, the chief executive officer directly owned 437,378 shares in the company, valued at approximately $94,460,526.66. The trade was a 5.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.50% of the company's stock.

Packaging Corporation of America Stock Performance

Shares of PKG stock opened at $213.50 on Thursday. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $250.82. The stock has a market cap of $19.21 billion, a PE ratio of 21.31, a price-to-earnings-growth ratio of 1.81 and a beta of 0.91. The company has a current ratio of 3.54, a quick ratio of 2.32 and a debt-to-equity ratio of 0.54. The company's fifty day moving average price is $208.66 and its 200-day moving average price is $198.22.

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

Packaging Corporation of America Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders 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 annualized dividend and a dividend yield of 2.3%. Packaging Corporation of America's dividend payout ratio is presently 49.90%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on PKG shares. JPMorgan Chase & Co. assumed coverage on shares of Packaging Corporation of America in a research note on Wednesday, September 24th. They issued an "overweight" rating and a $242.00 price objective on the stock. Wells Fargo & Company upped their target price on shares of Packaging Corporation of America from $200.00 to $222.00 and gave the stock an "equal weight" rating in a research note on Tuesday. Citigroup increased their price target on shares of Packaging Corporation of America from $214.00 to $218.00 and gave the company a "neutral" rating in a research report on Monday. Truist Financial increased their price target on shares of Packaging Corporation of America from $238.00 to $262.00 and gave the stock a "buy" rating in a report on Wednesday, September 17th. Finally, UBS Group increased their price target on shares of Packaging Corporation of America from $220.00 to $226.00 and gave the stock a "neutral" rating in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Packaging Corporation of America has a consensus rating of "Moderate Buy" and an average price target of $229.17.

Packaging Corporation of America Company 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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