SG Americas Securities LLC Increases Stock Holdings in Packaging Corporation of America $PKG

25 Jun 2026, 04:33 by Doug Wharley · The Cerbat Gem

SG Americas Securities LLC increased its position in Packaging Corporation of America (NYSE:PKG – Free Report) by 4.7% in the first quarter, Holdings Channel.com reports. The fund owned 112,138 shares of the industrial products company’s stock after acquiring an additional 5,036 shares during the quarter. SG Americas Securities LLC’s holdings in Packaging Corporation of America were worth $23,798,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Benchmark Financial Wealth Advisors LLC increased its holdings in Packaging Corporation of America by 2.1% during the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 2,345 shares of the industrial products company’s stock worth $484,000 after acquiring an additional 48 shares during the period. River Street Advisors LLC lifted its stake in Packaging Corporation of America by 1.0% in the 4th quarter. River Street Advisors LLC now owns 5,362 shares of the industrial products company’s stock worth $1,106,000 after purchasing an additional 51 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in Packaging Corporation of America by 5.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,045 shares of the industrial products company’s stock valued at $218,000 after purchasing an additional 52 shares during the period. TD Private Client Wealth LLC boosted its holdings in Packaging Corporation of America by 2.9% in the 4th quarter. TD Private Client Wealth LLC now owns 1,929 shares of the industrial products company’s stock valued at $398,000 after purchasing an additional 54 shares during the period. Finally, Cary Street Partners Investment Advisory LLC grew its position in shares of Packaging Corporation of America by 40.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 197 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 89.78% of the company’s stock.

Insider Activity

In other news, CEO Mark W. Kowlzan sold 9,266 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $217.08, for a total transaction of $2,011,463.28. Following the transaction, the chief executive officer directly owned 473,610 shares in the company, valued at approximately $102,811,258.80. This represents a 1.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

Packaging Corporation of America Stock Performance

Packaging Corporation of America stock opened at $238.28 on Thursday. The firm’s fifty day moving average price is $219.70 and its 200-day moving average price is $218.35. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.88 and a current ratio of 3.07. The stock has a market cap of $21.23 billion, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 2.11 and a beta of 0.81. Packaging Corporation of America has a fifty-two week low of $186.28 and a fifty-two week high of $249.51.

Packaging Corporation of America (NYSE:PKG – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.17 by $0.23. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.45 billion. Packaging Corporation of America had a net margin of 8.04% and a return on equity of 19.27%. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.31 earnings per share. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. On average, equities research analysts expect that Packaging Corporation of America will post 10.8 earnings per share for the current fiscal year.

Packaging Corporation of America Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Monday, June 15th. This is an increase from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s dividend payout ratio (DPR) is currently 72.99%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective 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. Deutsche Bank Aktiengesellschaft upgraded Packaging Corporation of America from a “hold” rating to a “buy” rating and boosted their target price for the stock from $225.00 to $256.00 in a research report on Monday, May 4th. UBS Group upgraded Packaging Corporation of America from a “neutral” rating to a “buy” rating and upped their target price for the stock from $232.00 to $248.00 in a research note on Wednesday, May 20th. Citigroup lowered their price target on Packaging Corporation of America from $227.00 to $217.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, Truist Financial reiterated a “buy” rating and set a $258.00 price target (down from $260.00) on shares of Packaging Corporation of America in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $241.83.

Read Our Latest Report on PKG

Packaging Corporation of America Profile

(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.