Packaging Corporation of America (NYSE:PKG) Stock Acquired Rep. April McClain Delaney

Key Points

• Rep. April McClain Delaney disclosed buying between $1,001 and $15,000 of Packaging Corporation of America (NYSE:PKG) stock on March 20, with the filing made public on April 6.
• Packaging Corp. of America missed Q4 estimates, reporting $2.32 EPS vs. $2.41 expected and $2.36B revenue vs. $2.43B expected, while revenue rose 10.1% year-over-year and Q1 2026 EPS guidance is set at 2.20.
• The company declared a quarterly dividend of $1.25 ($5.00 annual, ~2.4% yield); PKG has a market cap around $18.8B, a P/E of ~24.6, and an average analyst price target of about $233 with a "Moderate Buy" consensus.

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Packaging Corporation of America NYSE: PKG. In a filing disclosed on April 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Packaging Corporation of America stock on March 20th.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of Somnigroup International NYSE: SGI on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of Rollins NYSE: ROL on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 3/31/2026.
• Purchased $1,001 - $15,000 in shares of Nasdaq NASDAQ: NDAQ on 3/31/2026.
• Sold $1,001 - $15,000 in shares of Bio-Techne NASDAQ: TECH on 3/26/2026.
• Purchased $1,001 - $15,000 in shares of Nasdaq NASDAQ: NDAQ on 3/18/2026.
• Purchased $1,001 - $15,000 in shares of Packaging Corporation of America NYSE: PKG on 3/17/2026.
• Purchased $1,001 - $15,000 in shares of Somnigroup International NYSE: SGI on 3/16/2026.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 3/16/2026.

Packaging Corporation of America Stock Performance

Shares of NYSE PKG opened at $210.86 on Thursday. The stock has a fifty day moving average price of $223.44 and a two-hundred day moving average price of $212.93. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.94 and a current ratio of 3.17. The firm has a market cap of $18.77 billion, a P/E ratio of 24.60, a PEG ratio of 1.53 and a beta of 0.90. Packaging Corporation of America has a 1 year low of $172.71 and a 1 year high of $249.51.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.41 by ($0.09). The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.43 billion. Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. The business's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.47 earnings per share. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. Research analysts forecast 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, April 15th. Shareholders of record on Friday, March 13th will be paid a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, March 13th. Packaging Corporation of America's dividend payout ratio (DPR) is presently 58.34%.

Institutional Investors Weigh In On Packaging Corporation of America

A number of institutional investors and hedge funds have recently modified their holdings of PKG. Norges Bank acquired a new stake in shares of Packaging Corporation of America during the 4th quarter valued at $237,649,000. Millennium Management LLC lifted its position in shares of Packaging Corporation of America by 223.6% during the 3rd quarter. Millennium Management LLC now owns 1,516,562 shares of the industrial products company's stock valued at $330,504,000 after acquiring an additional 1,047,902 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Packaging Corporation of America by 119.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,863,359 shares of the industrial products company's stock valued at $406,082,000 after acquiring an additional 1,015,894 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of Packaging Corporation of America by 29.2% during the 4th quarter. Victory Capital Management Inc. now owns 2,309,412 shares of the industrial products company's stock valued at $476,270,000 after acquiring an additional 521,352 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its position in shares of Packaging Corporation of America by 100.3% during the 4th quarter. Balyasny Asset Management L.P. now owns 983,216 shares of the industrial products company's stock valued at $202,769,000 after acquiring an additional 492,410 shares during the last quarter. Institutional investors and hedge funds own 89.78% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on PKG. Citigroup increased their price target on Packaging Corporation of America from $226.00 to $227.00 and gave the company a "neutral" rating in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft began coverage on Packaging Corporation of America in a research note on Wednesday, April 1st. They set a "hold" rating and a $225.00 price target for the company. Wall Street Zen raised Packaging Corporation of America from a "sell" rating to a "hold" rating in a research note on Saturday, January 3rd. UBS Group increased their price target on Packaging Corporation of America from $230.00 to $235.00 and gave the company a "neutral" rating in a research note on Monday, January 12th. Finally, Weiss Ratings lowered Packaging Corporation of America from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Packaging Corporation of America presently has an average rating of "Moderate Buy" and an average price target of $233.29.

Insider Activity at Packaging Corporation of America

In other news, President Thomas A. Hassfurther sold 12,129 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the completion of the sale, the president owned 197,062 shares in the company, 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. Company insiders own 1.50% of the company's stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Packaging Corporation of America Company 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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