UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 12,555 Shares of Packaging Corporation of America $PKG

Key Points

• UBS Asset Management increased its Packaging Corporation of America stake by 3.7% in the second quarter, purchasing 12,555 shares and bringing its holdings to 355,504 shares valued at approximately $84.7 million.
• Packaging Corporation of America reported quarterly EPS of $2.35, beating estimates by $0.04, while revenue rose 14.7% year over year to $2.49 billion. The company guided to third-quarter 2026 EPS of $2.91.
• Analyst sentiment remains positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $264.57; however, company insiders sold 40,391 shares worth about $10.2 million over the past quarter.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Packaging Corporation of America (NYSE:PKG - Free Report) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 355,504 shares of the industrial products company's stock after buying an additional 12,555 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.40% of Packaging Corporation of America worth $84,709,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of PKG. DV Equities LLC bought a new position in shares of Packaging Corporation of America in the 4th quarter worth about $26,000. Covestor Ltd lifted its stake in shares of Packaging Corporation of America by 140.0% in the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company's stock valued at $32,000 after purchasing an additional 91 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in shares of Packaging Corporation of America by 94.1% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 165 shares of the industrial products company's stock valued at $34,000 after purchasing an additional 80 shares in the last quarter. Navalign LLC bought a new stake in shares of Packaging Corporation of America during the 4th quarter valued at about $36,000. Finally, Fiduciary Financial Advisors acquired a new stake in Packaging Corporation of America during the second quarter worth approximately $36,000. Institutional investors own 89.78% of the company's stock.

Insider Transactions at Packaging Corporation of America

In related news, VP Donald R. Shirley sold 12,000 shares of the firm's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $250.71, for a total value of $3,008,520.00. Following the transaction, the vice president owned 19,110 shares of the company's stock, valued at approximately $4,791,068.10. This trade represents a 38.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Thomas A. Hassfurther sold 12,531 shares of the firm's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $250.00, for a total transaction of $3,132,750.00. Following the completion of the transaction, the president directly owned 218,751 shares in the company, valued at approximately $54,687,750. The trade was a 5.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 40,391 shares of company stock valued at $10,196,101 over the last quarter. Corporate insiders own 1.60% of the company's stock.

Packaging Corporation of America Price Performance

Shares of NYSE:PKG opened at $233.60 on Thursday. Packaging Corporation of America has a twelve month low of $191.50 and a twelve month high of $259.98. The stock's 50 day moving average is $242.45 and its 200-day moving average is $227.74. The company has a quick ratio of 1.86, a current ratio of 2.94 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $20.81 billion, a price-to-earnings ratio of 30.34, a PEG ratio of 2.33 and a beta of 0.78.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.04. The business had revenue of $2.49 billion during the quarter, compared to the consensus estimate of $2.49 billion. Packaging Corporation of America had a net margin of 7.25% and a return on equity of 18.94%. Packaging Corporation of America's revenue was up 14.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.48 EPS. Packaging Corporation of America has set its Q3 2026 guidance at 2.910-2.910 EPS. Sell-side analysts forecast that Packaging Corporation of America will post 10.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. boosted their price target on Packaging Corporation of America from $269.00 to $271.00 and gave the company an "overweight" rating in a research note on Friday, July 24th. Weiss Ratings upgraded shares of Packaging Corporation of America from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, August 25th. Truist Financial boosted their target price on shares of Packaging Corporation of America from $258.00 to $270.00 and gave the company a "buy" rating in a research report on Wednesday, July 15th. Wells Fargo & Company reissued an "equal weight" rating and set a $246.00 target price (up from $245.00) on shares of Packaging Corporation of America in a research note on Thursday, July 9th. Finally, Bank of America raised their price target on shares of Packaging Corporation of America from $242.00 to $263.00 and gave the stock a "buy" rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $264.57.

About Packaging Corporation of America

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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