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

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Key Points

  • Rep. April McClain Delaney disclosed a purchase of Packaging Corporation of America (NYSE:PKG) shares valued between $1,001 and $15,000 (filing disclosed May 6) and executed multiple other buys and sells in late April across various stocks.
  • Packaging Corporation of America reported Q1 EPS of $2.40 (beating estimates) with revenue up 10.6% year‑over‑year, set Q2 guidance at 2.33 EPS, pays a $1.25 quarterly dividend (2.2% yield), and carries a consensus analyst rating of "Moderate Buy" with an average target of $234.29.
  • MarketBeat previews top five stocks to own in June.

Representative April McClain Delaney (Democratic-Maryland) recently bought shares of Packaging Corporation of America NYSE: PKG. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Packaging Corporation of America stock on April 29th.

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

  • Sold $1,001 - $15,000 in shares of Service Corporation International NYSE: SCI on 4/30/2026.
  • Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 4/30/2026.
  • Purchased $1,001 - $15,000 in shares of STERIS NYSE: STE on 4/30/2026.
  • Sold $1,001 - $15,000 in shares of Clean Harbors NYSE: CLH on 4/30/2026.
  • Purchased $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 4/29/2026.
  • Purchased $1,001 - $15,000 in shares of Packaging Corporation of America NYSE: PKG on 4/24/2026.
  • Purchased $1,001 - $15,000 in shares of Nasdaq NASDAQ: NDAQ on 4/24/2026.
  • Sold $1,001 - $15,000 in shares of Fortune Brands Innovations NYSE: FBIN on 4/24/2026.
  • Sold $15,001 - $50,000 in shares of C.H. Robinson Worldwide NASDAQ: CHRW on 4/24/2026.
  • Sold $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 4/21/2026.

Packaging Corporation of America Stock Down 1.5%

PKG opened at $223.43 on Friday. The business has a 50 day moving average price of $215.30 and a two-hundred day moving average price of $213.13. The company has a quick ratio of 1.94, a current ratio of 3.17 and a debt-to-equity ratio of 0.86. The company has a market cap of $19.89 billion, a PE ratio of 27.18, a P/E/G ratio of 2.04 and a beta of 0.81. Packaging Corporation of America has a 52 week low of $178.32 and a 52 week high of $249.51.

Packaging Corporation of America (NYSE:PKG - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $2.40 EPS for the quarter, beating the consensus estimate of $2.17 by $0.23. The firm had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.45 billion. Packaging Corporation of America had a return on equity of 19.20% and a net margin of 8.04%.The firm's revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.31 EPS. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. As a group, research analysts anticipate that Packaging Corporation of America will post 10.84 EPS for the current year.

Packaging Corporation of America Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $5.00 annualized dividend and a yield of 2.2%. Packaging Corporation of America's dividend payout ratio is currently 60.83%.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a "hold" rating to a "buy" rating and upped their price objective for the company from $225.00 to $256.00 in a research note on Monday. Truist Financial reiterated a "buy" rating and set a $258.00 target price (down from $260.00) on shares of Packaging Corporation of America in a research report on Monday, April 27th. Argus upgraded Packaging Corporation of America to a "strong-buy" rating in a research report on Thursday, February 26th. JPMorgan Chase & Co. boosted their target price on Packaging Corporation of America from $225.00 to $246.00 and gave the stock an "overweight" rating in a research report on Friday, April 24th. Finally, Weiss Ratings cut Packaging Corporation of America from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $234.29.

Check Out Our Latest Report on Packaging Corporation of America

Hedge Funds Weigh In On Packaging Corporation of America

Several institutional investors and hedge funds have recently added to or reduced their stakes in PKG. Cornerstone Planning Group LLC increased its position in Packaging Corporation of America by 105.4% during the 3rd 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. DV Equities LLC acquired a new position in Packaging Corporation of America during the 4th quarter worth approximately $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in Packaging Corporation of America during the 3rd quarter worth approximately $31,000. Covestor Ltd increased its position in Packaging Corporation of America by 140.0% during the 4th quarter. Covestor Ltd now owns 156 shares of the industrial products company's stock worth $32,000 after purchasing an additional 91 shares during the period. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in 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 worth $34,000 after purchasing an additional 80 shares during the period. Institutional investors and hedge funds own 89.78% 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

(Get Free Report)

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.

Further Reading

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