UBS Group Cuts Packaging Corporation of America (NYSE:PKG) Price Target to $225.00

Key Points

• UBS Group lowered its price target for Packaging Corporation of America (NYSE:PKG) from $226.00 to $225.00, maintaining a "neutral" rating, which suggests a potential upside of 8.30% from the stock's current price.
• Other brokerages have varied opinions, with Truist Financial raising their target price to $264.00 and giving a "buy" rating, while Zacks Research upgraded their rating to "strong-buy."
• As of the latest report, Packaging Corporation of America has a consensus rating of "Moderate Buy" with an average target price of $229.33 from analysts, despite some insider transactions indicating a decrease in executive holdings.

Packaging Corporation of America (NYSE:PKG - Get Free Report) had its price target lowered by research analysts at UBS Group from $226.00 to $225.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the industrial products company's stock. UBS Group's price objective indicates a potential upside of 8.30% from the stock's current price.

A number of other brokerages have also weighed in on PKG. Truist Financial boosted their target price on shares of Packaging Corporation of America from $262.00 to $264.00 and gave the company a "buy" rating in a research note on Monday. Zacks Research upgraded shares of Packaging Corporation of America from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 26th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Packaging Corporation of America in a research note on Wednesday, October 8th. Citigroup boosted their target price on shares of Packaging Corporation of America from $214.00 to $218.00 and gave the company a "neutral" rating in a research note on Monday, October 6th. Finally, Wells Fargo & Company upped their price objective on Packaging Corporation of America from $200.00 to $222.00 and gave the stock an "equal weight" rating in a research note on Tuesday, October 7th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $229.33.

Packaging Corporation of America Stock Performance

PKG traded down $1.89 during mid-day trading on Thursday, reaching $207.76. 150,948 shares of the company traded hands, compared to its average volume of 816,958. The stock has a market capitalization of $18.69 billion, a P/E ratio of 20.74, a P/E/G ratio of 1.24 and a beta of 0.91. The company has a quick ratio of 2.32, a current ratio of 3.54 and a debt-to-equity ratio of 0.54. The company's fifty day moving average price is $210.32 and its 200-day moving average price is $198.60. Packaging Corporation of America has a 52-week low of $172.71 and a 52-week high of $250.82.

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

Insider Transactions at Packaging Corporation of America

In other Packaging Corporation of America news, CEO Mark W. Kowlzan sold 25,000 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the completion of the transaction, the chief executive officer owned 437,378 shares of the company's stock, valued at $94,460,526.66. This represents a 5.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.50% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PKG. Clearstead Trust LLC boosted its holdings in shares of Packaging Corporation of America by 118.6% during the 1st quarter. Clearstead Trust LLC now owns 129 shares of the industrial products company's stock valued at $26,000 after purchasing an additional 70 shares during the last quarter. Bruce G. Allen Investments LLC boosted its holdings in shares of Packaging Corporation of America by 72.2% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 136 shares of the industrial products company's stock valued at $26,000 after purchasing an additional 57 shares during the last quarter. TCTC Holdings LLC lifted its holdings in shares of Packaging Corporation of America by 86.4% in the 1st quarter. TCTC Holdings LLC now owns 151 shares of the industrial products company's stock valued at $30,000 after acquiring an additional 70 shares during the last quarter. Trust Co. of Toledo NA OH bought a new position in shares of Packaging Corporation of America in the 2nd quarter valued at about $33,000. Finally, Alpine Bank Wealth Management bought a new position in shares of Packaging Corporation of America in the 1st quarter valued at about $39,000. Institutional investors own 89.78% of the company's stock.

Packaging Corporation of America Company Profile

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.

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