Rep. Julie Johnson Buys Packaging Corporation of America (NYSE:PKG) Stock

Key Points

• Rep. Julie Johnson purchased shares of Packaging Corporation of America (NYSE:PKG) valued between $1,001 and $15,000 on July 22nd, as disclosed in a filing.
• Packaging Corporation of America reported $2.48 EPS for the last quarter, beating estimates and reflecting a 4.7% revenue increase year-over-year.
• Wall Street targets for Packaging Corporation of America vary, with Citigroup raising its price target to $214.00, while other firms made adjustments ranging from neutral to buy ratings.

Representative Julie Johnson (D-Texas) recently bought shares of Packaging Corporation of America NYSE: PKG. In a filing disclosed on August 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Packaging Corporation of America stock on July 22nd. The trade occurred in the Representative's "CHASE BROKERAGE ACCOUNT (3935)" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Seagate Technology NASDAQ: STX on 7/29/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/29/2025.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of Packaging Corporation of America NYSE: PKG on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of Chevron NYSE: CVX on 7/25/2025.
• Sold $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/25/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 7/24/2025.
• Sold $1,001 - $15,000 in shares of Philip Morris International NYSE: PM on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of CME Group NASDAQ: CME on 7/22/2025.
• Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 7/22/2025.

Packaging Corporation of America Trading Up 2.0%

Packaging Corporation of America stock traded up $3.9740 during mid-day trading on Tuesday, hitting $198.0840. The stock had a trading volume of 560,220 shares, compared to its average volume of 654,041. The stock has a 50-day simple moving average of $196.92 and a two-hundred day simple moving average of $196.21. The stock has a market capitalization of $17.82 billion, a PE ratio of 19.77, a P/E/G ratio of 2.28 and a beta of 0.85. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $250.82. The company has a current ratio of 3.54, a quick ratio of 2.32 and a debt-to-equity ratio of 0.54.

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on PKG shares. UBS Group lifted their target price on Packaging Corporation of America from $210.00 to $220.00 and gave the company a "neutral" rating in a research report on Tuesday, July 29th. Jefferies Financial Group lowered Packaging Corporation of America from a "buy" rating to a "hold" rating and lowered their price target for the stock from $245.00 to $205.00 in a research report on Monday, June 16th. Citigroup boosted their price target on Packaging Corporation of America from $197.00 to $214.00 and gave the stock a "neutral" rating in a research report on Friday, July 25th. Truist Financial lowered their price target on Packaging Corporation of America from $239.00 to $238.00 and set a "buy" rating on the stock in a research report on Friday, July 25th. Finally, Wells Fargo & Company boosted their price target on Packaging Corporation of America from $180.00 to $200.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 10th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $215.40.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD lifted its position in shares of Packaging Corporation of America by 108.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,363,617 shares of the industrial products company's stock valued at $468,045,000 after acquiring an additional 1,229,219 shares during the period. Norges Bank bought a new stake in shares of Packaging Corporation of America during the 2nd quarter valued at $225,478,000. JPMorgan Chase & Co. lifted its position in shares of Packaging Corporation of America by 46.5% during the 1st quarter. JPMorgan Chase & Co. now owns 3,038,859 shares of the industrial products company's stock valued at $601,755,000 after acquiring an additional 964,085 shares during the period. American Century Companies Inc. lifted its position in shares of Packaging Corporation of America by 70.6% during the 2nd quarter. American Century Companies Inc. now owns 1,860,113 shares of the industrial products company's stock valued at $350,539,000 after acquiring an additional 769,806 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Packaging Corporation of America by 25,461.0% during the 1st quarter. GAMMA Investing LLC now owns 621,387 shares of the industrial products company's stock valued at $123,047,000 after acquiring an additional 618,956 shares during the period. 89.78% of the stock is owned by institutional investors and hedge funds.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

About Packaging Corporation of America

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.