TKG Advisors LLC Boosts Stock Position in Packaging Corporation of America $PKG

24 Apr 2026, 12:06 by Tristan Rich · The Markets Daily

TKG Advisors LLC raised its holdings in Packaging Corporation of America (NYSE:PKG – Free Report) by 117.7% in the fourth quarter, Holdings Channel reports. The firm owned 12,616 shares of the industrial products company’s stock after purchasing an additional 6,820 shares during the period. TKG Advisors LLC’s holdings in Packaging Corporation of America were worth $2,602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in PKG. Millennium Management LLC grew its position in Packaging Corporation of America by 223.6% during the third quarter. Millennium Management LLC now owns 1,516,562 shares of the industrial products company’s stock valued at $330,504,000 after buying an additional 1,047,902 shares during the period. Bank of New York Mellon Corp boosted its stake in Packaging Corporation of America by 119.9% in the third quarter. Bank of New York Mellon Corp now owns 1,863,359 shares of the industrial products company’s stock valued at $406,082,000 after acquiring an additional 1,015,894 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Packaging Corporation of America by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 3,085,196 shares of the industrial products company’s stock valued at $672,357,000 after acquiring an additional 370,573 shares during the last quarter. Boston Partners grew its position in shares of Packaging Corporation of America by 26.9% during the 3rd quarter. Boston Partners now owns 1,664,470 shares of the industrial products company’s stock valued at $362,719,000 after acquiring an additional 353,095 shares during the period. Finally, Cartenna Capital LP purchased a new stake in shares of Packaging Corporation of America during the 3rd quarter worth approximately $75,186,000. 89.78% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Packaging Corporation of America

Here are the key news stories impacting Packaging Corporation of America this week:

Positive Sentiment: Q1 earnings beat consensus — PKG reported $2.40 EPS (ex-special items) vs. ~$2.17 expected, a surprise that underpinned the stock rally. Packaging Corporation of America Reports First Quarter 2026 Results
Positive Sentiment: Pricing power and operational efficiency helped margins and profit growth, supporting investor confidence in near-term cash generation. Packaging Corp posts higher quarterly profit on strong pricing power, operational efficiency
Neutral Sentiment: Analyst commentary and valuation checks: several write-ups note the solid quarter but say PKG’s valuation remains full after the share-price uptick — useful for investors weighing entry points. A Look At Packaging Corporation Of America (PKG) Valuation After Its Recent Share Price Uptick
Neutral Sentiment: Full earnings/transcript availability — the call and transcripts provide management color on pricing cadence and mix that investors can use to model margin trajectory. Packaging Corp (PKG) Q1 2026 Earnings Transcript
Negative Sentiment: Q2 guidance disappoints — management set Q2 EPS at $2.33, materially below the ~$2.52 consensus, creating near-term downside risk as price benefits are expected to build later (into Q3).
Negative Sentiment: Revenue slightly missed and costs/special items noted — Q1 revenue came in a touch under estimates and analysts flagged margin pressure from special items and weaker peer results, tempering the beat. Packaging Corp. Q1 Earnings Beat Estimates on Pricing and Mix
Negative Sentiment: Analyst downward revisions — at least one firm trimmed expectations / price targets after the print and guidance cut, which can cap upside until guidance proves conservative. Truist Financial Has Lowered Expectations for Packaging Corporation of America (NYSE:PKG) Stock Price

Analysts Set New Price Targets

PKG has been the topic of several research analyst reports. Weiss Ratings downgraded Packaging Corporation of America from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft began coverage on Packaging Corporation of America in a research report on Wednesday, April 1st. They set a “hold” rating and a $225.00 price target on the stock. Wall Street Zen raised Packaging Corporation of America from a “sell” rating to a “hold” rating in a report on Saturday, January 3rd. Wells Fargo & Company lowered their price objective on Packaging Corporation of America from $234.00 to $226.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 7th. Finally, Citigroup dropped their price objective on shares of 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. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $229.00.

View Our Latest Stock Report on PKG

Packaging Corporation of America Trading Up 4.9%

NYSE:PKG opened at $215.24 on Friday. Packaging Corporation of America has a 1 year low of $178.30 and a 1 year high of $249.51. The stock’s fifty day moving average price is $218.26 and its two-hundred day moving average price is $212.53. The company has a debt-to-equity ratio of 0.86, a current ratio of 3.17 and a quick ratio of 1.94. The company has a market cap of $19.16 billion, a P/E ratio of 26.19, a P/E/G ratio of 1.87 and a beta of 0.90.

Packaging Corporation of America (NYSE:PKG – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.17 by $0.23. Packaging Corporation of America had a return on equity of 19.20% and a net margin of 8.04%.The company had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.45 billion. During the same period in the previous year, the business earned $2.31 earnings per share. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. Packaging Corporation of America has set its Q2 2026 guidance at 2.330-2.330 EPS. As a group, analysts expect that Packaging Corporation of America will post 10.81 EPS for the current year.

Packaging Corporation of America Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th were issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, March 13th. Packaging Corporation of America’s dividend payout ratio is presently 58.34%.

Insider Activity at Packaging Corporation of America

In related news, President Thomas A. Hassfurther sold 12,129 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $230.50, for a total transaction of $2,795,734.50. Following the completion of the transaction, the president owned 197,062 shares of the company’s stock, valued at approximately $45,422,791. The trade was a 5.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.60% of the company’s stock.

About Packaging Corporation of America

(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.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.

Five stocks we like better than Packaging Corporation of America

Want to see what other hedge funds are holding PKG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Packaging Corporation of America (NYSE:PKG – Free Report).