Packaging Corporation of America (PKG)

Packaging Corporation • PCA International Inc. • PCA International • PCA Hydro Inc. • PCA Central California Corrugated, LLC • PCA Michigan Acquisition, LLC • Packaging Asset Holdings, LLC • Hexacomb Corporation • Louisiana Timber Procurement Company, LLC • Boise White Paper, LLC ...

IRS number

364277050

PKG stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$244.50

Low target

$221.00

High target

$280.00

Latest filings (excl ownership)

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7 Nov 24

Packaging Corporation of America Reports Third Quarter 2024 Results

22 Oct 24

8-K

Packaging Corporation of America Reports Second Quarter 2024 Results

23 Jul 24

8-K

Departure of Directors or Certain Officers

9 May 24

S-8

Registration of securities for employees

8 May 24

Packaging Corporation of America Reports First Quarter 2024 Results

22 Apr 24

DEFA14A

Additional proxy soliciting materials

3 Apr 24

ARS

2023 FY

Annual report to shareholders

28 Mar 24

DEFA14A

Additional proxy soliciting materials

28 Mar 24

Transcripts

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PKG

Earnings call transcript

2024 Q3

23 Oct 24

PKG

Earnings call transcript

2024 Q2

24 Jul 24

PKG

Earnings call transcript

2024 Q1

23 Apr 24

PKG

Earnings call transcript

2023 Q4

25 Jan 24

PKG

Earnings call transcript

2023 Q3

24 Oct 23

PKG

Earnings call transcript

2023 Q2

25 Jul 23

PKG

Earnings call transcript

2023 Q2

25 Jul 23

PKG

Earnings call transcript

2023 Q1

25 Apr 23

PKG

Earnings call transcript

2022 Q4

26 Jan 23

PKG

Earnings call transcript

2022 Q3

25 Oct 22

Latest ownership filings

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Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

8 Nov 24

Financial summary

Financial statements Chart PKG financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	676.60 mm	676.60 mm	676.60 mm	676.60 mm	676.60 mm	676.60 mm
Cash burn (monthly)	5.27 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	14.70 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	661.90 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	125.7	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

PKG institutional ownership history Ownership history

89.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	797	762	+4.6%
Opened positions	112	71	+57.7%
Closed positions	77	77	–
Increased positions	276	289	-4.5%
Reduced positions	274	272	+0.7%

13F shares	Current	Prev Q	Change
Total value	16.22 tn	13.80 tn	+17.6%
Total shares	80.60 mm	81.35 mm	-0.9%
Total puts	114.09 k	79.33 k	+43.8%
Total calls	213.90 k	237.00 k	-9.7%
Total put/call ratio	0.5	0.3	+59.3%

Largest owners	Shares	Value	Change
Vanguard	11.29 mm	$2.43 tn	+0.6%
BLK BlackRock	8.10 mm	$1.75 tn	NEW
STT State Street	3.95 mm	$855.21 bn	+3.2%
Charles Schwab Investment Management	2.94 mm	$632.65 bn	+3.5%
JPM JPMorgan Chase & Co.	2.35 mm	$507.03 bn	-28.9%
Geode Capital Management	2.34 mm	$501.90 bn	+0.6%
FIL	2.25 mm	$484.04 bn	-0.6%
Victory Capital Management	2.13 mm	$459.22 bn	-25.3%
AMP Ameriprise Financial	1.93 mm	$415.37 bn	+4.1%
BAC Bank of America	1.91 mm	$410.39 bn	-1.7%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	8.10 mm	+8.10 mm	NEW
BLK BlackRock	0.00	-7.92 mm	EXIT
Norges Bank	0.00	-1.05 mm	EXIT
JPM JPMorgan Chase & Co.	2.35 mm	-956.81 k	-28.9%
Victory Capital Management	2.13 mm	-721.47 k	-25.3%
IVZ Invesco	1.84 mm	+603.98 k	+48.9%
SF Stifel Financial	573.07 k	+536.39 k	+1462.2%
American Century Companies	1.58 mm	-442.27 k	-21.9%
Balyasny Asset Management	410.38 k	+407.95 k	+16788.2%
Maj Invest Holding A/S	729.82 k	-326.48 k	-30.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PKG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Dec 24	Joseph Vaughn	Common Stock	Sell	Dispose S	No	No	244.8924	2,300	563.25 k	9,197
21 Nov 24	Stecko Paul T	Common Stock	Sell	Dispose S	No	No	244.91	10,500	2.57 mm	8,881
12 Nov 24	Shirley Donald R.	Common Stock	Sell	Dispose S	No	No	240.2	8,000	1.92 mm	15,725
8 Nov 24	Mundy Robert P.	Common Stock	Sell	Dispose S	No	No	240.619	12,500	3.01 mm	43,954