Stock events for Packaging Corporation of America (PKG)
In April 2025, PKG reported Q1 2025 adjusted EPS of $2.22, a 29.1% year-over-year increase. In July 2025, PKG agreed to purchase Greif's Containerboard Business and reported Q2 2025 results with net income of $242 million. Truist Financial Corp increased its position in PKG, and Wells Fargo & Company raised its target price. In August 2025, PKG declared a regular quarterly dividend of $1.25 per share. In September 2025, CEO Mark W. Kowlzan sold 25,000 shares, and Weiss Ratings reiterated a "buy" rating. In early October 2025, institutional investors adjusted their holdings, with OLD National Bancorp IN and Janney Montgomery Scott LLC reducing their stakes.
Demand Seasonality affecting Packaging Corporation of America’s stock price
The demand for Packaging Corporation of America's products is subject to seasonality, with peak periods around major retail events like the holiday rush and back-to-school season. The summer season also presents specific packaging demands. The Packaging segment generally experiences strong demand, while the Paper segment can be seasonally slower, particularly in the fourth quarter.
Overview of Packaging Corporation of America’s business
Packaging Corporation of America operates in the Consumer Cyclical sector, focusing on Paper Containers and Packaging. Its core Packaging segment produces containerboard and corrugated products for industries like food and beverage and e-commerce. The Paper segment manufactures various paper products, including printing and writing papers. PKG is the third-largest containerboard and corrugated packaging manufacturer in the United States, holding approximately 10% of the domestic market.
PKG’s Geographic footprint
Packaging Corporation of America's operations are mainly in the United States, with over 120 facilities, including seven containerboard mills and 86 manufacturing locations. It also has a design center and project-management facility in Hong Kong, known as Packaging Corporation of Asia Limited.
PKG Corporate Image Assessment
Information specifically detailing Packaging Corporation of America's brand reputation or events that have impacted it in the past year was not found in the provided search results. The available data focuses primarily on financial performance, operational activities, and stock-related news.
Ownership
Packaging Corporation of America is a publicly traded company with significant institutional ownership, ranging from approximately 89.78% to 92.42%. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Madison Dearborn Partners LLC is a significant individual shareholder, holding 26.82% of the company. Insider ownership is around 1.50% to 1.75%, with recent insider activity showing more selling than buying.
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$210.76