2 weeks Ago By ABMN Staff
Packaging Co. of America ( NYSE:PKG – Free Report ) – Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for Packaging Co. of America in a research note issued on Monday, August 26th.
Zacks Research analyst M. Das now forecasts that the industrial products company will post earnings of $2.72 per share for the quarter, up from their prior estimate of $2.
67. The consensus estimate for Packaging Co. of America’s current full-year earnings is $8.
71 per share. Zacks Research also issued estimates for Packaging Co. of America’s Q4 2025 earnings at $2.
73 EPS and FY2025 earnings at $10.00 EPS. Several other brokerages have also recently issued reports on PKG.
Truist Financial upped their target price on shares of Packaging Co. of America from $215.00 to $219.
00 and gave the company a “buy” rating in a report on Thursday, July 25th. Citigroup boosted their target price on Packaging Co. of America from $181.
00 to $187.00 and gave the company a “neutral” rating in a report on Monday, July 8th. StockNews.
com lowered Packaging Co. of America from a “buy” rating to a “hold” rating in a research report on Wednesday. Bank of America increased their price objective on Packaging Co.
of America from $197.00 to $200.00 and gave the company a “buy” rating in a report on Monday, June 17th.
Finally, Wells Fargo & Company upped their price target on shares of Packaging Co. of America from $194.00 to $215.
00 and gave the company an “overweight” rating in a research report on Thursday, July 25th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Packaging Co.
of America has a consensus rating of “Hold” and a consensus target price of $190.50. Packaging Co.
of America Stock Performance Shares of PKG opened at $206.69 on Wednesday. The company has a market capitalization of $18.
56 billion, a price-to-earnings ratio of 25.84, a price-to-earnings-growth ratio of 5.08 and a beta of 0.
77. Packaging Co. of America has a 52-week low of $143.
82 and a 52-week high of $206.90. The company has a quick ratio of 1.
71, a current ratio of 2.43 and a debt-to-equity ratio of 0.60.
The stock has a 50 day moving average price of $191.90 and a 200 day moving average price of $184.72.
Packaging Co. of America ( NYSE:PKG – Get Free Report ) last announced its quarterly earnings data on Tuesday, July 23rd. The industrial products company reported $2.
20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.06.
Packaging Co. of America had a net margin of 9.06% and a return on equity of 18.
21%. The business had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.
02 billion. During the same period last year, the business earned $2.31 EPS.
The company’s revenue was up 6.3% on a year-over-year basis. Institutional Investors Weigh In On Packaging Co.
of America Several institutional investors and hedge funds have recently made changes to their positions in the business. CANADA LIFE ASSURANCE Co raised its position in Packaging Co. of America by 4.
6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 70,689 shares of the industrial products company’s stock worth $13,419,000 after acquiring an additional 3,078 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Packaging Co.
of America by 30.4% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 90,686 shares of the industrial products company’s stock worth $17,168,000 after purchasing an additional 21,143 shares during the last quarter.
Cim LLC purchased a new stake in Packaging Co. of America in the 4th quarter valued at approximately $2,003,000. Summit Financial Strategies Inc.
grew its holdings in Packaging Co. of America by 5.5% during the 2nd quarter.
Summit Financial Strategies Inc. now owns 234,495 shares of the industrial products company’s stock valued at $42,809,000 after buying an additional 12,129 shares during the last quarter. Finally, AXS Investments LLC purchased a new position in Packaging Co.
of America during the fourth quarter worth $766,000. 89.78% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Packaging Co. of America In other Packaging Co. of America news, EVP Charles J.
Carter sold 5,389 shares of the stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $196.28, for a total value of $1,057,752.
92. Following the completion of the transaction, the executive vice president now owns 25,539 shares in the company, valued at $5,012,794.92.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . In other news, EVP Charles J. Carter sold 5,389 shares of Packaging Co.
of America stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $196.28, for a total transaction of $1,057,752.
92. Following the completion of the sale, the executive vice president now directly owns 25,539 shares in the company, valued at approximately $5,012,794.92.
The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink . Also, SVP Donald R. Shirley sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, July 25th.
The stock was sold at an average price of $196.28, for a total value of $1,177,680.00.
Following the completion of the sale, the senior vice president now owns 20,772 shares in the company, valued at approximately $4,077,128.16. The disclosure for this sale can be found here .
Company insiders own 1.60% of the company’s stock. Packaging Co.
of America Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Tuesday, October 15th will be given a dividend of $1.25 per share.
This represents a $5.00 annualized dividend and a yield of 2.42%.
The ex-dividend date is Monday, September 16th. Packaging Co. of America’s payout ratio is 62.
50%. About Packaging Co. of America ( Get Free Report ) Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States.
The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. Featured Stories Receive News & Ratings for Packaging Co.
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