Packaging Corporation of America (PKG) has seen various changes recently, with significant
management reshuffling and multiple institutions altering their positions. While the
Illinois Municipal Retirement Fund and
Envestnet Portfolio Solutions Inc. reduced their stakes, the
Board of Pension Protection Fund and
Janney Montgomery Scott LLC increased their holdings. PKG released its Q1 2025 results, reporting
record cash flow and subsequent
dividend declarations. There were mixed reviews from financial analysts; while BNPP adjusted the price target slightly and Truist projected strong price appreciation, Jefferies downgraded PKG to 'hold' status. Q1's
earnings beat expectations, but the company’s stock was deemed as underperforming the S&P 500.
Investors enjoyed returns of 117% over the past five years, while PKG faces margin pressure, making it a questionable option for hedge funds. The company declared steady performance and increased profit for Q1 2025, but concerns over high valuation and disappointing Q2 guidance were discussed.
Packaging Corp of America PKG News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sat, 28 Jun 2025 13:04:50 GMT -
Rating 2
- Innovation -3
- Rumor -4
