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Chairman and CEO of Packaging Corp of America (NYSE:PKG), Mark W Kowzan, sold 25,000 shares of common stock on September 11, 2025, at a price of $215.97, for a total value of $5,399,250. The sale occurred as the $19 billion packaging company trades near its Fair Value, according to InvestingPro analysis, with the stock maintaining a 23-year track record of consistent dividend payments.
Following the transaction, Kowzan directly owns 437,378 shares of Packaging Corp of America. He also indirectly owns 19,568 shares through a 401k plan and 2,565 shares are held by spouse. The company maintains strong financial health with a PEG ratio of 0.83, suggesting attractive valuation relative to growth. InvestingPro subscribers can access 8 additional key insights and a comprehensive analysis of PKG’s insider trading patterns through the Pro Research Report.
In other recent news, Packaging Corporation of America announced a regular quarterly dividend of $1.25 per share, payable on October 15, 2025, to shareholders of record as of September 15, 2025. The company has also priced a $500 million offering of 5.200% senior notes due in 2035, with net proceeds expected to be approximately $495.1 million. These funds, along with borrowings and cash on hand, will support the acquisition of Greif, Inc.’s containerboard business, a transaction expected to close by the end of the third quarter of 2025. Citi has maintained its Neutral rating on Packaging Corp. of America with a $197.00 price target, anticipating a modest increase in second-quarter EBITDA to $447 million, slightly above consensus estimates. The growth is projected to stem from volume increases and price improvements in the Packaging segment. Meanwhile, the closure of Cascades Inc.’s Niagara Falls facility is seen as having a positive impact on the sector, though it is unrelated to Packaging Corporation of America. The acquisition of Greif’s assets includes two mills and eight sheet feeder and corrugated plants, expanding the company’s capacity by 800,000 tons. These developments reflect ongoing strategic initiatives and financial maneuvers by Packaging Corporation of America.
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