State Street Corp and Amundi have increased their respective stakes in the Packaging Corporation of America (PKG). However, firms such as Jump Financial LLC and Invesco Ltd. reportedly decreased their positions. Notably, BofA Securities and Truist Financial maintained their buy ratings on PKG, while its stock price target was raised by Seaport Global. Despite concerns around PKG underperforming in the consumer cyclical sector, the company's stock saw unexpected surges. Meanwhile, PKG announced its Q4 2025 earnings guidance, a $1.25 quarterly dividend, and a strategic shift regarding its Wallula Mill. The company also reportedly acquired Greif's containerboard business for $1.8 billion. Nonetheless, the company missed Q2 revenue estimates and earned a rating downgrade to strong sell at Zacks Research. PKG's Q3 earnings failed to meet estimates, but increased year-over-year due to higher prices. Despite some profitability narratives, concerns emerged around PKG's valuation following weaker box demand and the Wallula Mill shutdown.
Packaging Corp of America PKG News Analytics from Tue, 22 Apr 2025 07:00:00 GMT to Sat, 13 Dec 2025 13:27:15 GMT -
Rating 2
- Innovation -4
- Information 6
- Rumor -3
