Entropy Technologies LP and several other firms have increased their holdings of
Packaging Corporation of America's ($PKG) stock, while institutions such as
Banco Bilbao Vizcaya Argentaria S.A. and
Achmea Investment Management B.V. have trimmed their positions. While PKG's
Q3 earnings missed estimates, record cash flow has been highlighted. The company's valuation, in the aftermath of recent momentum shifts and the Q3 earnings report, is being scrutinized by industry analysts who view the pullback as an opportunity. The
acquisition of Greif is met with optimism, and anticipation surrounds the integration post-Q3 results. Some caution exists regarding PKG's outlook after the earnings miss. Despite the hit to revenue in Q2, analysts maintain a 'Buy' rating for the stock, and target prices were raised by firms including
Seaport Global and
Truist Financial. However, the stock saw a decline after the Q3 earnings report kept in line with predictions. The company plans to maintain a strong dividend and had a promising earnings jump of 26%. Nonetheless, PKG's stock performance has seen a decline in recent times.
Packaging Corp of America PKG News Analytics from Thu, 27 Mar 2025 07:00:00 GMT to Sat, 22 Nov 2025 09:59:35 GMT -
Rating 4
- Innovation 2
- Information 7
- Rumor -1
