Zacks Research Issues Positive Estimate for PKG Earnings

Packaging Co. of America (NYSE:PKG) – Analysts at Zacks Research upped their Q1 2025 EPS estimates for shares of Packaging Co. of America in a research note issued to investors on Wednesday, November 27th. Zacks Research analyst R. Department now anticipates that the industrial products company will post earnings per share of $2.31 for the quarter, up from their prior forecast of $2.06. The consensus estimate for Packaging Co. of America’s current full-year earnings is $9.07 per share. Zacks Research also issued estimates for Packaging Co. of America’s Q2 2025 earnings at $2.76 EPS, Q3 2025 earnings at $3.05 EPS, Q4 2025 earnings at $2.96 EPS, FY2025 earnings at $11.08 EPS, Q2 2026 earnings at $3.03 EPS, Q3 2026 earnings at $3.15 EPS and FY2026 earnings at $11.91 EPS.

Packaging Co. of America (NYSE:PKG) last released its earnings results on Tuesday, October 22nd. The industrial products company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.15. Packaging Co. of America had a net margin of 9.46% and a return on equity of 19.10%. The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period last year, the business earned $2.05 earnings per share. The business’s revenue was up 14.9% on a year-over-year basis.

Several other brokerages also recently weighed in on PKG. Wells Fargo & Company raised their price target on Packaging Co. of America from $235.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Truist Financial reissued a “buy” rating and set a $252.00 price objective (up from $242.00) on shares of Packaging Co. of America in a research report on Thursday, October 24th. Citigroup lifted their target price on shares of Packaging Co. of America from $199.00 to $221.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Finally, StockNews.com cut shares of Packaging Co. of America from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $221.60.

Packaging Co. of America Stock Up 0.7 %

PKG stock opened at $248.85 on Monday. The company has a quick ratio of 1.98, a current ratio of 2.95 and a debt-to-equity ratio of 0.58. The business has a 50 day moving average of $228.21 and a 200 day moving average of $204.79. Packaging Co. of America has a twelve month low of $159.57 and a twelve month high of $250.82. The firm has a market cap of $22.35 billion, a PE ratio of 29.00, a price-to-earnings-growth ratio of 3.49 and a beta of 0.76.

Insider Buying and Selling at Packaging Co. of America

In other news, Director Paul T. Stecko sold 10,500 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $244.91, for a total value of $2,571,555.00. Following the transaction, the director now directly owns 8,881 shares in the company, valued at $2,175,045.71. This trade represents a 54.18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Robert P. Mundy sold 12,500 shares of Packaging Co. of America stock in a transaction on Friday, November 8th. The stock was sold at an average price of $240.62, for a total value of $3,007,750.00. Following the completion of the sale, the chief financial officer now directly owns 43,954 shares of the company’s stock, valued at $10,576,211.48. The trade was a 22.14 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 31,000 shares of company stock worth $7,500,905. Company insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Packaging Co. of America

Institutional investors have recently made changes to their positions in the business. State Street Corp grew its position in Packaging Co. of America by 3.2% during the third quarter. State Street Corp now owns 3,948,546 shares of the industrial products company’s stock valued at $855,212,000 after buying an additional 123,050 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Packaging Co. of America by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,937,113 shares of the industrial products company’s stock worth $632,654,000 after acquiring an additional 98,223 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Packaging Co. of America by 1.5% during the 2nd quarter. Victory Capital Management Inc. now owns 2,853,417 shares of the industrial products company’s stock worth $520,920,000 after acquiring an additional 41,903 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Packaging Co. of America by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,337,296 shares of the industrial products company’s stock valued at $501,896,000 after acquiring an additional 12,936 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Packaging Co. of America by 8.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,153,732 shares of the industrial products company’s stock worth $210,636,000 after purchasing an additional 86,005 shares in the last quarter. Institutional investors own 89.78% of the company’s stock.

About Packaging Co. of America

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.