The
Packaging Corp of America (PKG) has seen significant news coverage. Multiple institutions, including
Baader Bank Aktiengesellschaft,
Czech National Bank, and
Goldman Sachs Group Inc., have acquired shares, despite some high-level insider selling taking place.
Truist Financial maintained a 'Buy' rating and raised PKG's price target to $262. The company's Q2 and Q1 2025 Earnings Calls highlighted record sales, strategic moves, and a robust cash flow. PKG also announced a deal to acquire
Greif's containerboard business for $1.8 billion, a move touted as a win-win deal. Further, the corporation has declared a quarterly dividend of $1.25. However, CEO Mark W. Kowlzan has sold significant portions of his stock, and there are warnings of tariff-related concerns. The company's stock fell by 3% following Q4 earnings missing estimates, and it experienced a 12% share price decline in one week. Despite some market uncertainties, PKG's investors have enjoyed a splendid 145% return over the last five years.
Packaging Corp of America PKG News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Sat, 20 Sep 2025 08:15:27 GMT -
Rating -2
- Innovation 3
- Information 8
- Rumor 4
