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Insider Trading

Packaging Corp Of America Insider Sold Shares Worth $5,393,579, According to a Recent SEC Filing

Thomas A Hassfurther, President, on Aug. 3 and Aug. 5, sold 21,328 shares in Packaging Corp Of America (PKG) for $5,393,579. Following the Form 4 filing with the SEC, Hassfurther has control over a total of 310,285 common shares of the company, with 209,954 shares held directly and 100,331 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/75677/000119312526334657/xslF345X05/ownership.xmlPrice: $257.67, Change: $+2.19, Percent Change: +0.86%

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Wire

Argus Research Adjusts Packaging of America Price Target to $274 From $251, Maintains Buy Rating

Packaging Corp. of America (PKG) has an average rating of overweight and mean price target of $266.67, according to analysts polled by FactSet.Price: $251.60, Change: $-1.65, Percent Change: -0.65%

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Wire

Seaport Global Securities Adjusts Packaging of America Price Target to $270 From $260, Maintains Buy Rating

Packaging of America (PKG) has an average rating of overweight and mean price target of $259.56, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $254.52, Change: $+0.13, Percent Change: +0.05%

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Wire

Packaging Corp. of America Faces Higher Costs After Strong Q2 Results, UBS Says

Packaging Corp. of America (PKG) posted upbeat Q2 earnings, though cost pressures remain elevated, driven by higher energy and freight expenses linked to Middle East disruptions, UBS Securities said Thursday in a report.UBS said PKG is realizing containerboard price boosts more quickly than peers and expects the company to fully capture the two $50-per-ton increases by the end of 2026.The containerboard operations acquired from Greif (GEF) last year outperformed management's expectations in Q2 for the first time since the deal, and their contribution is expected to ease in Q3 due to a planned maintenance outage at a Virginia mill, the report said.UBS cut its Q3 EPS estimate to $2.92 from $3.01. It lowered its price target on PKG stock to $271 from $272 and maintained its buy rating.Price: $249.60, Change: $+15.70, Percent Change: +6.71%

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Wire

Packaging, Forest Products Face Lackluster Demand, Weak Volumes, BofA Says

Packaging and forest products companies face lackluster demand and weak volumes outside beverage cans and selected specialty markets, BofA Securities analysts said in a Tuesday note.Analysts said that while inflation headwinds are expected to fade in the second half of the year, assuming a renewed ceasefire in the Middle East, foreign exchange could become an earnings risk.BofA said that beverage cans remain its preferred subsector, driven by stronger demand, improving aluminum economics, innovation, and the World Cup.Analysts said they are cautious on glass and paper, where volume weakness and potential operating-rate pressures could weigh on outlooks.BofA upgraded AptarGroup's (ATR) rating to buy from neutral, and raised its price objective to $173 from $148.It downgraded O-I Glass (OI) to underperform from buy, Greif (GEF) to underperform from neutral, and International Paper (IP) and Sylvamo (SLVM) to neutral from buy.BofA also resumed coverage of Graphic Packaging (GPK) with a neutral rating and a $12 price objective.Analysts increased the price objective on Ardagh Metal Packaging (AMBP) to $4.70 from $4; Amcor (AMCR) to $51 from $48; Avery Dennison (AVY) to $210 from $202; Ball (BALL) to $73 from $70; Crown (CCK) to $145 from $129; Karat Packaging (KRT) to $34 from $23; Silgan (SLGN) to $58 from $53; and Sonoco Products (SON) to $69 from $65.They also raised the price objective on Boise Cascade (BCC) to $81 from $80; Louisiana-Pacific (LPX) to $101 from $85; Packaging Corporation of America (PKG) to $263 from $242; and Greif to $70 from $68.BofA lowered its price objective on O-I Glass to $11 from $13, International Paper to $41 from $44, and Sylvamo to $45 from $58.Price: $128.79, Change: $+3.90, Percent Change: +3.12%

$AMBP$AMCR$ATR$AVY$BALL$BCC$CCK$GEF$IP$KRT$LPX$OI$PKG$SLGN$SLVM$SON
Wire

Citigroup Adjusts Price Target on Packaging of America to $241 From $229

Packaging of America (PKG) has an average rating of overweight and mean price target of $250.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $225.24, Change: $+0.78, Percent Change: +0.35%

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Research

Wells Fargo Downgrades Packaging Corp. of America to Equalweight From Overweight, Adjusts Price Target to $246 From $245

Packaging Corp. of America (PKG) has an average rating of overweight and mean price target of $250.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$PKG
Wire

Packaging Corporation of America Seen Benefiting From Pricing Power Amid Tight Supply, UBS Says

Packaging Corporation of America (PKG) is positioned to benefit from improving pricing power supported by tighter industry supply and strengthening demand trends, UBS said in a research note emailed Wednesday, citing expectations that a $50 per ton June price increase will hold.The analyst said recent data points, including stronger bookings and improved industry commentary, suggest conditions are turning more favorable despite still-muted shipment volumes and operating rates below levels typically required for sustained price increases.UBS also pointed to rising input costs such as old corrugated container and diesel, noting that higher cost pressures alongside prior capacity cuts are reinforcing the pricing environment and supporting potential margin recovery.The firm added that additional upside could come from operational efficiencies and synergy benefits, though they cautioned that input cost inflation remains a risk in a prolonged geopolitical disruption scenario.UBS upgraded its rating on the stock to buy from neutral and raised its price target to $248 from $232.Shares of Packaging Corporation of America were up 3.7% in Wednesday trading.Price: $211.30, Change: $+8.13, Percent Change: +4.00%

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Research

UBS Upgrades Packaging Corp. of America to Buy From Neutral, Adjusts PT to $248 From $232

Packaging Corporation of America (PKG) has an average rating of overweight and mean price target of $243.56, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$PKG
Research

Deutsche Bank Upgrades Packaging of America to Buy From Hold, Raises Price Target to $256 From $225

Packaging of America (PKG) has an average rating of overweight and mean price target of $241.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$PKG
Research

Deutsche Bank Upgrades Packaging of America to Buy From Hold, Adjusts PT to $256 From $225

Packaging of America (PKG) has an average rating of overweight and mean price target of $241.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

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Research

Research Alert: CFRA Lifts View On Shares Of Packaging Corporation Of America To Hold From Sell

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:After Q1 earnings release, we raise our target price to $210 from $166, applying a 10.5x EV/EBITDA multiple to our 2026 EBITDA estimate, above PKG's five-year average of 9.73x. We lower our 2026 EPS estimate to $10.32 from $11.04 and maintain our 2027 EPS estimate at $11.72. PKG reported a mixed first quarter for 2026 with adjusted EPS of $2.40, above expectations. However, net sales for the quarter were $2.4B, falling short of the consensus view. The commercial performance in the legacy packaging business helped offset a quarterly loss from the newly acquired Greif operations and significant headwinds from higher freight costs. Demand for corrugated products was robust during the quarter, with the company's legacy business setting a new record for daily shipment volumes, which we view as a positive sign. Looking ahead, PKG anticipates continued solid demand in the second quarter and expects to realize the majority of the benefits from announced price increases in the third quarter.

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Research

Research Alert: Pkg Reports Mixed Q1 Results, Provides Q2 Guidance

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:PKG reported mixed Q1 2026 results with adjusted EPS of $2.40, up $0.09 Y/Y and beating guidance of $2.20, while net sales rose 11% to $2.4B ($40M below expectations) driven by the Greif acquisition and volume growth in the legacy business. Total corrugated shipments per day surged 21.8% including Greif operations, with legacy business achieving record shipments per day (+2.8% Y/Y) despite one fewer shipping day. We view the operational excellence and the Greif integration progress as positive, with containerboard inventory down 39k tons sequentially and mills running at full capacity with strong production efficiency. Management guided for Q2 adjusted EPS to $2.33, reflecting cautious optimism amid higher maintenance outage expenses at five mills and increased freight costs. We expect continued strong packaging demand to support full mill capacity utilization, while the company focuses on completing Greif integration and inventory optimization across acquired corrugated facilities.

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