Rep. April McClain Delaney Purchases Shares of Packaging Corporation of America (NYSE:PKG)

Key Points

• Representative April McClain Delaney disclosed a purchase of between $1,001 and $15,000 of Packaging Corporation of America (NYSE:PKG) shares (filed April 6), and made several other small purchases and one sale across multiple stocks in March.
• Packaging Corporation of America reported quarterly EPS of $2.32—missing estimates by $0.09—set Q1 2026 guidance at 2.20 EPS, and posted revenue up 10.1% year-over-year; analysts' consensus is a Moderate Buy with a $233.29 price target.
• The stock was up about 3.6% on the report, pays a quarterly dividend of $1.25 (annualized $5.00, ~2.4% yield), and trades with a market cap near $18.8 billion and a P/E of 24.6.

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 17th.

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 Packaging Corporation of America NYSE: PKG on 3/20/2026.
• Purchased $1,001 - $15,000 in shares of Nasdaq NASDAQ: NDAQ on 3/18/2026.
• 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 Up 3.6%

Shares of NYSE:PKG opened at $210.86 on Thursday. The company has a quick ratio of 1.94, a current ratio of 3.17 and a debt-to-equity ratio of 0.86. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $249.51. The stock's fifty day simple moving average is $223.44 and its 200-day simple moving average is $212.93. The company has a market capitalization of $18.77 billion, a P/E ratio of 24.60, a P/E/G ratio of 1.53 and a beta of 0.90.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.41 by ($0.09). Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.22%. The company had revenue of $2.36 billion during the quarter, compared to analysts' expectations of $2.43 billion. During the same quarter in the prior year, the company earned $2.47 earnings per share. The firm's revenue was up 10.1% compared to the same quarter last year. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. As a group, equities research analysts forecast that Packaging Corporation of America will post 10.44 earnings per share for the current fiscal year.

Packaging Corporation of America Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be given a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, March 13th. Packaging Corporation of America's dividend payout ratio is currently 58.34%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on PKG shares. Weiss Ratings downgraded Packaging Corporation of America from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, February 27th. Argus upgraded Packaging Corporation of America to a "strong-buy" rating in a research report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft initiated coverage on Packaging Corporation of America in a research report on Wednesday, April 1st. They set a "hold" rating and a $225.00 target price on the stock. Zacks Research upgraded Packaging Corporation of America from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 6th. Finally, UBS Group increased their target price on Packaging Corporation of America from $230.00 to $235.00 and gave the stock a "neutral" rating in a research report on Monday, January 12th. One research 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $233.29.

Institutional Investors Weigh In On Packaging Corporation of America

A number of large investors have recently modified their holdings of PKG. Ashton Thomas Private Wealth LLC bought a new position in Packaging Corporation of America during the 3rd quarter worth approximately $485,000. Envestnet Asset Management Inc. lifted its holdings in Packaging Corporation of America by 10.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 220,499 shares of the industrial products company's stock worth $48,053,000 after buying an additional 20,016 shares during the last quarter. Carnegie Investment Counsel lifted its holdings in Packaging Corporation of America by 32.2% during the 3rd quarter. Carnegie Investment Counsel now owns 12,679 shares of the industrial products company's stock worth $2,763,000 after buying an additional 3,085 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in 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 worth $406,082,000 after buying an additional 1,015,894 shares during the last quarter. Finally, National Pension Service lifted its holdings in Packaging Corporation of America by 25.1% during the 3rd quarter. National Pension Service now owns 46,998 shares of the industrial products company's stock worth $10,242,000 after buying an additional 9,444 shares during the last quarter. Institutional investors and hedge funds own 89.78% of the company's stock.

Insider Activity

In related news, President Thomas A. Hassfurther sold 12,129 shares of the firm's stock in a transaction that occurred on 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 sale, the president owned 197,062 shares of the company's stock, valued at approximately $45,422,791. This trade represents a 5.80% decrease in their position. The sale was disclosed in a document filed with the SEC, 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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